Tuesday, August 28, 2007
Can you making 10% profit consistenly per month in forex market? -
Most people don t Most people don t last a month in the forex market It is a highly specialized way of making money in the markets. If you want a quick return on your money then trading in cfd,s is the way to go. You dont actually buy shares as such but buy a contract on the assets. You then earn or lose money on the opening and closing price of the asset. Many people have got rich very quick from cfd s but there is also the risk of losing money quickly. Finding a broker will help as they can advice you on stops that sell when the asset falls below a certain amount you can afford to lose. you can find more information at http://www.cfd-to-cfd-trading.co.uk Not consistently.....no no..............................that would be a 120% return a year,,,,,,,,,,everyone would do it.......... you d best assume the answer is NO. frankly, I doubt even a professional with a lot of experience can do that on average, and certainly not consistently. Markets are subject to runs of bad decisions -- every trader has runs of three, five, 15 losses in a row. that you even ask suggests that you re being set up by some firm to lose. let me ask you a simple question -- if you knew how to triple your money each and every year, would you sell that knowledge to anyone for less than enough cash today to retire forever? neither would they. but since they aren t asking you for anything like that sort of money, they aren t selling you that kind of knowledge, are they? 10% per month yes. Consistently, NO. Finance 101 tells us no one can beat the market unless someone has found a new formula to do so. Even so, this new formula would be useless if everybody else were to follow it. Hence, no successful person who consistently beat the market will let loose on his strategy. Most people who beat the market are mostly lucky. Hence, you can make 10% profit per month or even 100% profit per month. But on a consistent basis, NO! Only after learning to offset the volatility. There is a wise way to look at trading foreign currencies. Learn how ordinary people can make extraordinary incomes with FREE ACCESS to a unique foreign currency trading system at http://www.homebusiness-opportunityseeke... I was surfing around and found this blog with reviews of a popular Forex helper product. Seems good to me. Here it is: http://forex-killerpipsreview.blogspot.c... No. probably in a month, yes, but consistently no. forex market is very volatile which means it is constantly moving depending on many things such as the economy of the country, politics etc. … sometimes the market doesn’t move in the favor of the trader so he might lose instead of making profit.
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