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Is forex is a quick way to make money?


Guest sherealikhan

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Guest sherealikhan
Forex is a money machine or money ship for making money. You can earn huge amount of money from forex trading with minimum investing. Forex gives its traders to earn huge amount of money by investing their merit.
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Forex is a sucker's bet for retail traders. Price action can never be even remotely predictive - even on the higher timeframes, even discounting indicators and trading purely off price action. Don't waste four years of your life like I did - get out of FX before it sucks out years of your life and thousands from your bank account.

 

I switched to options trading (stocks and large indexes) and have never looked back. Best move I ever made.

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Forex is a sucker's bet for retail traders. Price action can never be even remotely predictive - even on the higher timeframes, even discounting indicators and trading purely off price action. Don't waste four years of your life like I did - get out of FX before it sucks out years of your life and thousands from your bank account.

 

I switched to options trading (stocks and large indexes) and have never looked back. Best move I ever made.

 

Agree and well said!

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it is a quick way to lose money

at first 2 weeks you will win then you will lose all your account .

then start again and again and again same procedure .

every time before you double your account you lose every thing .

 

thats whats happend to me 4 times at 3 years trading .

 

it's like Addiction you can't stop it.

Edited by msldin
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i never see broker which let you trade ,still the same. after month.....slipage 3-6 bigger costs,good way is lmax or usa broker there brokers lost many court,they must pay back their customers,not regulated broker is problem,never using broker from tax havens never!!(cyprus lot brokers, now in belize Tickmil -you never obtain your the right
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My own experience with a CFD broker regulated in UK, US and Europe was that they tricked the priceaction against my scalping, later also order delay and platform freeze after being up 20% on my account in a few days. Until i realized they were betraying me by comparing the datafed i lost more than 60% of this acount and trust in my method.

 

So if you have a profitable trading you have to leave these bucket shops that expect you to loose all and refill your account statistically around 2 times (for learning real money trading with microlots you can use some of them though)

 

These bucket brokers, btw.,offer just for opening a demo account 40-60 dollar for linking to them by adwords, seems to be very profitable to speculate on retailers losing it all, it seems.

 

Trading consistantly profitable even with regulated direct access brokers like with futures still is not easy all the time...Also because it does priceaction to trigger big stops by "nature" as well..

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it is a quick way to lose money

at first 2 weeks you will win then you will lose all your account .

then start again and again and again same procedure .

every time before you double your account you lose every thing .

 

thats whats happend to me 4 times at 3 years trading .

 

it's like Addiction you can't stop it.

 

Totally agree. The same situation. Forex just а burying money. I don't know...may be I'm looser))))

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When it comes about the risk matter to start Live trading, It often considerable NO DEPOSIT BONUS to begin risk free trading. In this occasion it does not require any investment to place live trading within a live environment. Leverage increases the signaficant risk to the invested capital.

 

http://allforexbonus.com/

Edited by gemsFx
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Absolutely, you can make fast money trading Forex.

The only problem, that most people don't want to acknowledge, is that it takes a long time to learn to trade consistenly well.

 

I know what I'm talking about. I started full time trading 21 yrs ago (1995) on Indice futures, then switched to forex nearly 10 yrs ago.

 

The holy Grail is out there - it's whatever works for YOU, that gives you an edge. Couple that with discipline and money mgt and you'll be on your way.

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well, its turning back onto what is "proven strategies". How much you know about it ? How valid the strategies would be ?

and the most important, how it is suits your behaviour in trading (greed, etc) and complement your trading.

some site like www.jualsewatanah.com provide you with "strategies" but personally, im gonna reject that because its too shabby

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indeed forex is one of the business to be able to generate quick money, but of course we also need to look at how much risk will we risk to get quick money from forex. therefore if you get quick money, then you must first understand the strategy you want to use in forex trading
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