2007-11-28 04:34:18 · 4 answers · asked by tigerlo 1 in Business & Finance ➔ Investing
Forex Profit
Forex Loss
It is all available, but Losses are more Probable
2007-11-28 04:38:18 · answer #1 · answered by bob shark 7 · 0⤊ 0⤋
If you spend time learning before you go full throttle and throw all your savings into the market YOU CAN SUCCEED!
I have been trading two years now and only in the last 3 months have I quit my job and went to full time trading. For some people it takes even longer to learn.
If you are not willing to learn you should walk away now and save your money.
Two FREE sites that helped me a lot with my trading are:
http://www.forex4noobs.com
and
http://www.babypips.com
they are both great resources for free forex education.
2007-11-29 19:34:15 · answer #2 · answered by Sandy Q 1 · 1⤊ 0⤋
Forex is not the kind of business an amateur should go in to. Only use funds that you can afford to lose.
2007-11-28 12:43:23 · answer #3 · answered by Anonymous · 1⤊ 0⤋
imho, trading forex is a business for professionals.
volume has exploded in recent years and most of it seems to be the volume of speculators -- that means the business has gotten more ruthless and competitive than ever -- and it was pretty competitive already since many pros learned trading in the commodity markets.
2007-11-28 12:40:21 · answer #4 · answered by Spock (rhp) 7 · 0⤊ 0⤋