Forex For Money Making
I Have A Question that is forex is best way to make Money.I hear that its best for making money.help me about that
Yes you can make money with forex trading. But it is risky business. You can lost all of your funds within few minutes if your trade go against you.
You should learn it before you trade with real money. You can practice FOREX with Demo accounts that offered by FOREX brokers.
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very risky businessYes you can make money with forex trading. But it is risky business. You can lost all of your funds within few minutes if your trade go against you., Then how is this possible chamil?
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yes it is ricky, but i have also earn money from this, it is very nice to earn, it is like we are playing games lolz
hey can anybody tell me what you all are talking about? what is forex? how to earn money from it? is it a gambling business or a simple hardwork/marketing job?
this is a software or some site from which you can sale currency money and buy it, for example i sale my currency money pakistan currency and buy uk dollar, and when uk price increase then i will sale my uk dollar, this is luck game you have to play trial version first then you will understand, it is hard working game because you have to sit whole day on computer and wait for latest updates
that means it is like stock trading, i have heard that stock traders go mad but niways i want to try it out can u please tell me the link to any site which provide free trial?
Forex Technical Knock Out here you go, from here you can learn Forex, it is easy once you try then you will have fun and think that you are playing games lolz
FOREX trading is not suitable for all because you need to learn about technical FOREX charts & practice. You can learn these technical things on babypips.com. You can practice with free practice account with any FOREX Broker. There are people earning money with FOREX but unfortunately 95% of new traders fail.Originally Posted by lankaentrepreneur
very risky business
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It is similar to stock trading in terms of buying & selling but has huge differences also. FOREX are trading on high margin (1:400 MAX) but you can’t trade stocks with that kind of margin. With 1: 400 margin you can trade $ 10,000 with just $ 25 deposit with your FOREX Broker. With few decimal points gain in the currency you bought you may have $ 50 profit for mere $ 25 investment. If the currency declined you will lost your $ 25.
Hope this will help to understand the basic of FOREX.
Last edited by chamilj; 02-22-2010 at 11:17 PM.
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