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Is it possible to make a great profit over a month with Forex trading? |
I am a beginner and trying to learn forex. Is it possible to make such gains? I intend to invest say something around 拢250. Also, when is the best time to buy currency? What are the strategies in finding out the best point in time to buy? Absolutely..However you need to know strategies to trade. Because as much is it lucrative, its equivalent risky also.. It is possible. However, it is possible to make a huge loss. Forex is high risk investing unless you know what you are doing. gotta try it and find out. it's a gamble either way. Yes, you can make a lot, but you can also lose a lot. You need to learn risk management and financial management strategies before you start. |
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Forex market or Foreign Currency Exchange market is one of the biggest trading market in the world with over USD 1.3 Trillion traded in a day. It is drawing attention ever since it is open to Onlin... The FOREX market is mostly for trading, not investing. The risk is the same as in the stock market...by itself, of course, the risk in FOREX is larger because of the leverage, but if you apply mone... Well there are usually two very important participants in the Forex trading process. One is the broker that will supply the trading platform and interface. The other is YOU. You are the one that... trade in the direction of the trend write a trading plan and follow it trade with stops and manage trade by moving stops trade only new, larger trends understand parallel and inverse analysis ... The particular website linked at the bottom specializes in giving novice/beginner forex-traders helpful fundamental information regarding large and detailed introductions on foreign exchange, forex... You need to learn a lot on how forex operates before you invest First you need to know how the industry operates, know which strategies r the best to use, practice on demo accounts find... Refco, as in the company that went bust? So you traded forex for a year or two, ten years ago? What guarantees have we got that you won't run off with our money?? ...You can start by reading everything on free websites like: ... |
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