the program is how to play forex market , is it wort it? are there
any other programs?
2007-08-05 14:30:46 · 8 answers · asked by monti 1 in Business & Finance ➔ Investing
There is a lot of fluctuation, play the market is risky
2007-08-05 14:38:41 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I personally don't think any program is worth $4000. Trading the forex is a daily grind, and it's not something you can learn, comprehend and put into use after a single seminar. I've been doing it for years, and it's still hard. Visit http://www.forexagent.info or http://www.forexbroker.info for forex brokers. If you are looking for some good signals sites, http://www.myforexsignals.info or http://wwwforex-signal-live.info are a good place to start.
Other then that, you need to self educate to get any where try to find some good forex forums online and you'll get pointed in the right direction.
2007-08-09 13:55:53 · answer #2 · answered by Scott J 2 · 0⤊ 0⤋
I advise you to stay away from expensive programs like these. These are people who are not good at trading so they make money the other way. If I am right, you are referring to 4xmadeeasy by James Dick. He conducts seminars to sell his $4000 program.
A good place to start would be babypips.com and once you are thorough with the basic concept, you can move to investopedia to learn more about technical and fundamental indicators. Remember, programs are systams are not the success factor in forex. It is discipline, courage and patience that will take you to the next level and help you retire from this market.
Hope this helps.
2007-08-08 18:06:00 · answer #3 · answered by AndV 1 · 0⤊ 0⤋
Whoa Nellie!!!
You certainly do not need to spend $4000 for a Forex program to help learn hoe to invest in (not "play") the Forex market. You are simply paying for their late night infomercials and their hotel room and staff costs. $4000 does not "Make it Easy" and $8000 does not "Make it twice as Easy". You will next be hit up for their $3000 training classes.
Everything that you need to learn is available for the taking at different sources on the internet. You will also find that there are successful forex traders that do not mind sharing their strategies with you.
That $4000 would be much better placed in a conservative Forex position than in Slick Willy's pocket.
Wishing you success in your Forex journey.
Paul
2007-08-05 16:06:35 · answer #4 · answered by Anonymous · 0⤊ 0⤋
No "program" works in forex.
Check out the reviews on;
www.forexbastards.com
Understand that there's two ways to lose money in FX;
A. Buy a program and/or use "alert" signals.
B. Not spending the time and hard work it takes to make it in FX.
FX is a great way to make cash..... but..... 95% of all new FX traders blow their accounts. Many in the first 3 months.
It may "look" easy. It's not. Paper trading isa good idea but it's results will never be duplicated in the real word.
Always use "stops". Watch out for "stop" hunters.
Create your own trading plan.
I know you most likely will ignore my warnings. Think about what I've said in two months.
2007-08-05 14:40:44 · answer #5 · answered by Common Sense 7 · 0⤊ 0⤋
Are there any other programs? There are TONS of other programs and other sources of advice. The problem is sifting through what's out there and deciding whose advice you want to take. Before, I'd plunk down any sizeable amount of money, I would
1) check out ForexBastards reviews as someone else mentionned
2) check out at least the free download, if not the ebook which is available from CompareForexAdvice.com
Good luck!
2007-08-06 09:21:44 · answer #6 · answered by Self-Publishing Kids Books 2 · 0⤊ 0⤋
The overwhelming majority of amateur forex traders lose money.
Only the professionals with their multiple computer systems and real time quotes, current news feeds, etc can react fast enough to make any money.
Small time traders will almost always get killed.
Save your money, and put it into a bank, maybe buy some mutual funds. You will sleep better and preserve your money.
2007-08-05 15:02:53 · answer #7 · answered by InspectorBudget 7 · 0⤊ 0⤋
May I suggest don't spend that kind of money on sometimes ineffective methods. you could use that money on your trading already and make more without the guesswork and the emotional roller coaster ride. If you are curious how?
May I suggest you first visit my website at www.FreedomRocks.com/112325. It won't cost you a dime. You'll also have a great business opportunity if you watch most especially the Business video. i assure you, you will not regret it.
2007-08-05 17:05:25 · answer #8 · answered by Ely C 3 · 0⤊ 0⤋