Is investing in forex currencies safe?

Question

?

Answer 1

you mean foreign ??? depends...

Answer 2

Forex Trading is a high risk investment vehicle that can have a very good return . I suggest getting involved with a investment group or club I am in one and what the purpose is , is to one invest funds with the least amount of risk, two to teach investors how to trade in the forex market via weekly emails explaining why a trade was effected at the time it was. Some clubs or companies will make claims of 300% return monthly. Personally I consider that would be extreme high risk to try and receive that high of a return. The club I am with averages about 5.3% return per month which is darn good by any standard. If I can answer any more questions please write me at [e-mail]

Answer 3

Forex trading can be very risky. High returns always seem to involve higher risks.

There are conservative strategies that can greatly reduce Forex related risks, but you will always have some element of risk in the Forex marketplace.

On the positive side you can NOT lose more than is in your account. The people that think you can are thinking of the Futures market.

I would suggest spending a little time at www.babypips.com before even considering investing your money in Forex.

Answer 4

No. Currencies rise and fall at unpredictable rates every day. Even stocks are a more predictable investment than the currency market. Unless you are prepared to do it for a living, and you can invest money you don't need, it's best to leave currency trading to the professionals.

Answer 5

This is one of the most unregulated investment arenas around. It is filled with fraud. 95% of the people that try FX lose the money in their accounts.

Having said this.......... good research, a year or so of reading everything you can get your hands on and lots of hard work can make FX very rewarding. The key is good money management with technical and fundamental skills.

I think FX is a great place to invest. The problem is most people think they are investing when actually all they're doing is gambling (very poorly)...................... Stay away from "software" that guarantees 80% correct picks (etc). The only way to "win" is to do this yourself!

READ READ READ

Good luck!

Answer 6

Forex currency market if you have never done it before,

I would open a demo account just to try it without using any real money of your own it is exciting and it can move against you quite quickly if you have never done it before

Answer 7

This investment is very high risk but the returns are just as high. But first of all before getting involved, you will need to educate and practice as much as humanly possible. Coz if you don't, you run the risk of losing everything.

Answer 8

Using the Mtpredictor's technical analysis Elliot Wave Principle software, Bsmtprediction provides Forex Traders with FREE access to AUD/USD, EUR/GBP, GBP/USD, EUR/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY & USD/JPY daily currency forecasts through this website. At Any Time / Any Day (we'll straight away post the signals here in real-time if there's any triggered) 1 hour, 4 hours & daily time frame forecasts are published on this site. The predictions are good from the moment they are published until either it reached the take profit target, hitted the stop loss or another new prediction of the same currency & timeframe unveils on the same / following day. Essentially, the prices shown are for an unknown period.. That's why we encourage you to subscribe our FREE Google Groups newsletter to get the latest signal updates sent to your e-mail from the very 1st minute it surfaces the net..

Answer 9

NO! trading currencies is highly risky. Much less safe than mutual funds or even stocks.

Answer 10

Only at 1:1 leverage can it be considered safe.

Answer 11

Its safe as long as you dont risk more than you can aford to loose,this link may help http://wallstreetradionetwork.com/