Comments on: is trading on forex as easy as it seems?whats the catch?who decides your trading margins?

By: Joshua

Joshua — Tue, 30 Nov 1999 00:00:00 +0000

It's simple if you're using an effective trading system; not so simple if you're learning it all yourself from scratch/developing your own system. I started at 18/19 years old and it eventually took over my entire income; I now have enough saved where I don't have to work a day in my life. I used a trading system though.

The idea (that I used at least) is to save the money you want to invest, buy a trading system for like $100 (one time fee) and use the system WHILE you're working. This way you'll have two streams of income with no extra effort.

But what you do (and what I did) is make sure the trading system has a 60 day money back guarantee first; then make sure you can use a demo account. A demo account let's you play the trading game with "play money" so you can see if you can profit from the trading system without investing your real cash.

Use the demo account for 59 days and if you see you can make profit you keep the system and invest your real cash. If there's no profit to be made you get a refund and try another system; there's literally no risk when buying one.

If you're interested I found reviews of the top 3 Forex trading systems: http://forex-tracer.the-perfect-solution.com/

By: Xelam

Xelam — Tue, 30 Nov 1999 00:00:00 +0000

sorry,but its not as easy as it seems. to trade forex you need to have the skill and the expertise to predict the outcome of the currency pairs you are dealing with. you may register to this site and download a Free Ebook. should you really want to know more and would like a personal, live one-on-one tutorial, you may deposit a minimum of $100 and you will be provided a personal Account Service manager to walk you through forex and all the complexities, how to prepare fundamental and technical analyses, etc..

By: ajb

ajb — Tue, 30 Nov 1999 00:00:00 +0000

Focus more on fundamentals than technical analysis. Economic news analysis is what moves the markets.

Here is a free site that shows what has happened after economic news releases:

http://www.forexnewspatterns.com

By: mannoo2005

mannoo2005 — Tue, 30 Nov 1999 00:00:00 +0000

Sure , Not Easy.
But, you can make it easy and profitable ..
just choose the right strategy , time of trading, non emotional trading .
or choose the suitable automated system to do all that work for you .
I myself don't like forex , but i still make money from it day after day .
If you want to read more about the Full Automated System I use, Ckeck This website :

http://the-forex-tracer-review.blogspot.com

Best Wishes