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What is forex > is it profitable ?

What is forex > is it profitable ?

Postby lotharing » Thu May 19, 1988 5:35 am

some people talking about forex, what forex is ?
lotharing
 
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What is forex > is it profitable ?

Postby mano » Thu May 03, 2012 12:57 am

you are more likely to lose money than make money if you don't know what you're doing.
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What is forex > is it profitable ?

Postby cormack31 » Mon Nov 05, 2012 10:03 pm

Forex is the trading of Currency Pairs for profit. It is profitable for large banks and brokerages. There are a small amount of retail traders that make money in Forex trading. They spend, on average 3-5 years to become year over year profitable. Many destroy two or more trading accounts to get to that point. 95+% of those that try, fail in a matter of months.

The Forex Brokers lead through omission retail clients to believe that with a small amount of education they can easily become profitable and trade any time of the day or night to make money. This is fabrication at its best.
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What is forex > is it profitable ?

Postby kyle57 » Tue May 14, 2013 2:35 am

It is the trading of Currency Pairs for profit. It is profitable for large banks and brokerages. the foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world. You can also get more help from these sites to know better. It might be provide you better information.
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What is forex > is it profitable ?

Postby hanoch76 » Wed May 15, 2013 8:28 am

So forex is foreign exchange an unregulated market of currency trading.

It is profitable because it uses a concept called leverage. This is a great concept that allows you to use more money than you've deposited.

Forex is good for what is known as "hedging your risk" - that's why I use a broker where I can make "abnormal profits" and protect myself against currency fluctuation in the long run.

Forex will be profitable if you don't think of it, yes, DON't , think of it as a casino.
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What is forex > is it profitable ?

Postby hannraoi8 » Wed May 15, 2013 6:09 pm

forex is the market of trading currencies , this is by far the largest industry in the world 3 trillion a day, the retail section of this amount is the 6% .

many people are making money on forex same as many are loosing. the part is to make sure you learn and practice before putting real money. keep a close look on the market and choose the right broker that offers you the tools you need. the people i know that loose , loose because of the following mistakes, to greedy ( be happy with 4-10% no need to break the bank) . Know what you are trading , follow the news. trade with low leverage.( don't go for the 1:400) it sounds amazing but in the end you take way to much chance. and don't trade with money you cannot afford to loose. the stop loss is something you need to watch and put into your strategy. in short , follow a small course , start slow and low practice till you feel comfortable and understand you don't get rich in a day.
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What is forex > is it profitable ?

Postby armann54 » Thu May 16, 2013 1:29 pm

Forex is an change market for currency (money from different countries). Its basically changing money from one currency into another in such a way you earn a "commotion".
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What is forex > is it profitable ?

Postby eagon50 » Thu May 16, 2013 4:36 pm

Buyin and selling currencies and making profit from them.
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What is forex > is it profitable ?

Postby llewellyn » Thu May 16, 2013 6:45 pm

some people talking about forex, what forex is ?
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