http://perfect-forex.blogspot.com
anybody have any simple technicque to make a profit everyday in forex trading?
answer me...
2007-10-14 16:16:10 · 4 answers · asked by mamat k 1 in Business & Finance ➔ Investing
Looking into forex? Great! I just started trading with real money after a 6 months of trading demo accounts while I was learning. The best system is the one that works for you. Sounds stupid, but no two traders are alike. You need to develop your own system, stick to your rules, practice your system in demo accounts and once you've been consistently profitable for several months (I like 3), only then should you trade with real money. The best education site I've found is babypips.com. FXstreet.com and forexfactory.com have great message boards and the brokerage I use is EFX (efxgroup.com).
Good luck!
2007-10-15 08:23:17 · answer #1 · answered by zzgorch 3 · 0⤊ 0⤋
Forex is extremely risky, high leverage investment.
Most "PROFFESSIONAL" traders lose their trades 70% of the time
Most New investors use too much leverage and lose big time
I am A millionaire, I do not invest in Forex, Futures, Or options
You can lose your money any way you choose,go ahead
2007-10-14 18:34:18 · answer #2 · answered by bob shark 7 · 1⤊ 0⤋
What you're looking for doesn't exist. FX takes hard work, practice and great money management techniques. Getting a "winning" trade is less than 50% of the battle.
That's why over 95% of new FX traders lose their accounts in the first three months of trading. The brokers make it look easy.... and then... reality sets in.
Consider yourself warned.
2007-10-14 16:26:00 · answer #3 · answered by Common Sense 7 · 2⤊ 0⤋
You can learn forex for free. A good place to learn forex is http://www.forexpublic.com . The site also provides free forex signals.
2007-10-18 13:08:52 · answer #4 · answered by anbu_nin 3 · 0⤊ 0⤋