2007-02-13 21:50:57 · 2 answers · asked by SUNNDAY A 1 in Business & Finance ➔ Investing
I'm not agree with Big R. If to use his logic, the answer to the question "Who has make money on sport comptetitions before" would be "Those who sell u sport clothes...". Of course, if u want to reach ur goal, u have to spend ur time and money. Otherwise, no efforts = no results. What is really logical is first to try forex trading by opening a demo account with virtual funds. And only afterwards if u feel u r ready to open a real account. To open a free demo account, u have to download and install a trading terminal, i.e. here http://www.realtrade.lv/rtsetup/rt4setup.exe and choose in the terminal`s menu "File" > "Open an Account" > Fill whatever u want in the required form (just leave ur real email) and choose amount of virtual money as much as u want to have on ur balance > here u go with u free demo account. As simple as that.
2007-02-14 01:14:58 · answer #1 · answered by QT 2 · 0⤊ 1⤋
I consistently make a greater return with my Forex trading than I do with my other investments. However, I only put a portion of my investment dollars into Forex due to the risks involved.
It is extremely important to only invest in Forex with monies that you could afford to lose. Too many people look at Forex as the next step after on-line poker. Gambling at Forex is the same as throwing your money down the toilet. You might as well give it to your favorite charity and feel good about yourself.
It is important to first be a student of Forex before committing your hard earned dollars. Find a mentor, learn all you can, trade with a demo account until you are proficient. Insist on free trials before jumping into the deep end of the Forex pool.
That being said, it is quite possible to enjoy attractive consistent returns and maintain a conservative discipline while trading in Forex.
I personally enjoy Forex because of my fascination with the foreign currency exchange dynamics. I have had the opportunity to travel extensively throughout the world over the past 20+ years and it is amazing to me to participate in this $2 trillion a day marketplace.
Let me know if I can assist you in anyway.
Regards,
paul
pupp52@yahoo.com
2007-02-15 15:56:19 · answer #2 · answered by Anonymous · 0⤊ 1⤋
The people who sell you the software. Don't waste your time and money.
2007-02-14 06:00:57 · answer #3 · answered by Big R 6 · 2⤊ 0⤋