Tuesday, May 15, 2007
Do people actually make money in forex trading? -
The risk appears compounded by the platform providers themselves. yes..its a very good way to make money if you know what you are doing, if not then it is a very good way to lose money yes of course. a lot of people are earning money in forex trading. it all depends in your strategy regardless of which borker you are in. but of course the better features you get from a broker, the better are your chances to profit. you may check your options in this site. one feature they boast of is quot;personal servicequot; and live, one-on-one help, whereby every trader is provided an Account Service Manager as consultant, mentor and trading partner with whom you can talk via phone, email or chat to answer all your technical questions and trade with you as necessary to make sure you get familiar with their system. check it out. all the best. In any market, there is a bid/ask spread. A forex dealer is not unusual in this. If you are trying to scalp a pip at a time from home, the odds are against you. If you have a reasonable plan to ride trends and exit quickly when things go against you, there is a good chance to make money because currency markets can trend better than a lot of other markets. no. forex is, by definition, a zero-sum game. the real money is made by large banks that employ hundreds of highly-skilled specialists. it s a market where the average investor just can t win. There are lots of trading systems out there which are easy to use and great for people starting out in forex. It s important that you find something with a safeguard - so you don t blow all of your money on one silly trade. Good luck! Yes, thre is plenty of money to be made in the FOREX market. Some great sites to take a look at our ForexTradingHelp.net - BabyPips.com - ForexForum.net Good luck, and hope you make lots of money. The forex trader can made 30-50% profit per year , normal business, some forex services are here: http://amero-money.blogspot.com/ I have been receiving over 270% in the past 3 months for letting http://stern-capital.com managed forex account group trade and manage my money :)
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