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Can anyone give me their opinion on forex trading? |
I am looking into some different options to invest some money...property, maybe a forex account (i know, risky) already have the 401k and regular brokerage account with some stocks and mutual funds. Unfortunately, some people have evidently had poor results with their previous Forex experiences. Very few people make money consistantly on Forex. Great way to lose money fast. Was that the intent? Anyway, even the 0.05% of successful forex players are speculators, not investors. Just save yourself trouble and head out to Vegas with a bundle of money -- the girls are prettier than in Forex, and there's free drinks, and you'll lose the money approximately as fast but with more fun. Forex is a good way to invest money. If other people didn't have good results it's because they weren't given previous information and training. Forex is very big and there are many brokers working under this name but the companies have other names. For example, Finanzas Forex is very good and there are virtual conferences alive where you can participate with people from different countries. I'm sure you'll like it very much! I'm a member and everything is ok. Well, it's up to you now. |
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95% of the people that try FX fail (and most lose big money). Of the 5% that succeed...... 60% or more of their trades are losers. Having the right risk/reward ratio & money management are mor... You need to be careful. Forex companies are springy up faster than a US presidential candidate swearing that they won't raise taxes. Derivedge looks to be a very new player .... especially ... no you can not. but you can lose hundreds in seconds. 30 years investing. ...You could, but most don't. Leave the things you "are not into" until you've studied, and practiced, it enough to be comfortable. Besides, a GOOD brokerage won't want to o... Advantages of the Forex Market By: Heather Redmond This web page should help you... Plus, you can explore the companies listed on that site. Good Luck! ...Try : 1. ... you can goto www.fxcm.com www.gftforex.com Start witha a demo account first.. ... In the United States, the FOREX market is a dealer market. If customers are taking all of the risk, then the pip difference can be small, but if dealers have to put their own money up, they will p... |
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