I heard there are forex traders who manage accounts out there who constantly make around 50% and more per month.
Who can refer any to me?
2006-09-30 05:59:55 · 6 answers · asked by forexx 2 in Business & Finance ➔ Investing
I am a little shy of what you require.
My account was up 41% last month, and 40% the month before. But this month I am down 16%.
It is easy enough to prove, and/or check out. Sure there are scammers, but they don't hold up under scrutiny. It just takes a little "common sense" to know how. People without regard for truth will never be convinced, but they seem to be the most vocally ignorant.
2006-09-30 06:10:33 · answer #1 · answered by dredude52 6 · 0⤊ 1⤋
Any FOREX manager that makes any claim close to this is about to rip you off. There is more "bull" going on in this unregulated market than you can shake a stick at.
It's very hard to make a profit even if you get winning trades (you'll have to learn the hard way on this one).........
Check out: www.ForexBastards.com. Not for ideas to trade. More for what to keep your eye out for. Forex is a challenge. 95% of those that try it... fail. Of those that make money... they only win 60-70% of their trades, with huge "draw-downs".
2006-09-30 16:06:14 · answer #2 · answered by Common Sense 7 · 0⤊ 1⤋
This is possible but sounds very unlikely to be a consistent percentage. Personally i've gotten up to 35% and thats still pretty good. Here are some links that may help in your forex or sharetrading.
2006-10-02 11:41:38 · answer #3 · answered by Dreamer 3 · 0⤊ 0⤋
I don't know of any, however I must tell you that there are lot of scammers outside..so, do your due delligence before selecting any.
Learn more about forex trading for free at -
www.dailyfx.com
http://the-forex-trading.blogspot.com
www.gftforex.com
2006-10-01 13:10:49 · answer #4 · answered by rahul 3 · 0⤊ 0⤋
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http://investing.sitesled.com/
Good Luck and Best Wishes!
2006-10-01 14:37:59 · answer #5 · answered by stock_trade_expert 3 · 0⤊ 0⤋
No such thing. You've been given bad information. No traders consistently make that kind of return.
2006-09-30 06:07:28 · answer #6 · answered by Coffeyvillian 3 · 0⤊ 1⤋