Is FOREX REAL? HOW DOES IT WORK?

Answer 1

Forex trading is absolutely real. I have been using a hedge system for the past 7 months that takes as little as 15 minutes a week to manage. For those people who want to go it along it can consume their lives. That is why I use the hedge system. You can set up a demo account and try it out for free for 15 days and see if it is for you. I recommend checking out http://www.wiseforexinvestor.com


If you have any questions please feel free to give me a call.

Best Wishes,
Rex White
[e-mail]
503-922-1475 Office
435-633-0101 Cell

Answer 2

1

Answer 3

Hey,

Yes Forex is very much for real and a $1.4 trillion is traded every single day.

Here are a couple of articles you must refer

Introduction to Forex ebook http://forex-trading4you.blogspot.com/2007/10/forex-ebooks-for-beginners.html


and this article on why you must invest in forex
http://forex-trading4you.blogspot.com/2007/10/why-forex.html

Answer 4

Really, however, unless you have a experience do not touch this business, here it is necessary a lot of reading and be with an analytical mind, if it is interesting to read the reviews of people who earn on forex "Is Forex Real?" https://ask.naij.com/business/is-forex-real-i13462.html People give good advice for beginners and recommend a cool literature on the subject!

Answer 5

FX is real. It's not for newbies to trading. 95% of all new accounts lose their "seed" money within the first 90 days.

However if you're willing to work hard. Take 6 months to a year or more to read, study and practice..... you may have a better chance of surviving.

Money Management is more important than the percent of wining trades you have. This is an uregulated area. Many brokers truly stink. There are no good ones. Only brokers that are not as bad as others.

Good luck.

Answer 6

Binary options let users trade in currency pairs and stocks for various predetermined time-periods, minimal of which is 30 seconds. Executing trades is straightforward. The system uses user-friendly interfaces, which even an 8 years old kid, can operate without having to read any instructions. But winning trades is Not easy.
Binary trading is advertised as the only genuine system that lets users earn preposterous amounts of money in ridiculously short period of time. Advertisers try to implicate as if you can make $350 every 60 seconds; if it was true then binary trading would truly be an astonishing business.
However, does it make any sense? Can every trader make tons of money in binary trading? Who is actually paying all the money or the profit to traders?
The first challenge is finding a trustworthy binary broker; secondly, you need to find a binary trading strategy, which you can use to make profits consistently. Without an effective trading strategy, there is no way you can make money in this business.
Learning a profitable trading strategy is possible, You should watch this presentation video https://tr.im/16635
It's probably the best way to learn how to win with binary option

Answer 7

Yes it is real. I am a full time forex trader. But unfortunately, unlike stocks and futures markets, Forex is a De-centralized market which means there is no centralized body that monitors the market and the participants (clearing houses, brokers ect......). Because of this retail traders are to beware of unscrupulous brokers who are out to gain profit out of novice traders by using unscrupulous ways.

Forex trading is the buying/selling of a particular currency against another currency. For Example, if you think US dollars is gonna strenghthen against Japanese Yen, then you would BUY USD/JPY pair (buying USD while selling Yen). If you think the opposite is true, then you would SELL USD/JPY (Selling USD while Buying Yen). Forex quotes ALWAYS comes in Pairs, for example:- USD/JPY, EUR/USD (Euro dollar versus USD), GBP/USD (British Pounds versus USD). Therefore, you gotta always know which currency is strenghthening against which other currency.

Answer 8

the best trading software http://tradingsolution.info
i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.
if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.

Answer 9

The secret word of trading success is "organized". You can't be successful without a strategy, a plan and some kind of technological support. I use a software called "autobinary signals" that is helping me a lot. There are plenty of them on the market. I recommend this one because it's very easy to use (you don't have to be an expert or have special skills to make money with it).

Check it out here. It's worth it: http://tradingsignal.toptips.org

Answer 10

Its real like stock market, stock market dealing stocks while forex deal with money. depend which company you use to play this "money game' and comissions. while many companies out there are fake so be-aware