Is it possible to make money in the forex by opening a small account and working up?.?
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This entry was posted on Monday, December 29th, 2008 at 6:50 am and is filed under forex trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
December 29th, 2008 at 6:50 am
hey there,
Yes, of course you can make money. Being a small player in the forex market, you're gonna have to 'ride the wave', so to say.
In the forex market, information is your biggest resource. Watch out for any news that will influence the forex market as this market reacts violently to information.
So, all I can say is follow the news, understand how it will affect a country's currency… any information.
Hope you win.
December 29th, 2008 at 6:50 am
It is possible to make money with any small account, but it is not possible to earn large profits with a small account.
If you want to earn any profits securely and confidently, you have to follow risk management rules and discipline. Therefore, with a small account, if you want to include risk management, you won't make large profits.
In the other hand, even if you ignore risk management and leverage rules and earn a large sum of profits with a small account, you are at a high risk of loosing it just like you earned it.
So, here is the deal. If you're a beginner or you just want to learn Forex, start with a demo account and learn it practically. Later you may consider getting into real market with a small account having real money on it so that you can apply what you've learned during demo training.
After passing these two steps, you can get into market with larger accounts more confidently and consider larger profits.
P.S. Secure account growth in Forex would not exceed more than 10 percent of initial balance in a month. So if you hear anywhere that you can make any amounts more than 10 percent in a month, it is considered a high risk deal and I would not recommend anything like that. You may win 2 or 3 months but you are highly in danger of loosing it all in a few days.
December 29th, 2008 at 6:50 am
anything is possible, including losing every penny you invest - there are no guarantees of profits in any kind of investment
December 29th, 2008 at 6:50 am
Turn $6 into $60,000 in 90 days, GUARANTEED
Postal lottery: Turn $6 into $60,000 in 90 days, GUARANTEED
I found this in a news group and decided to try it. A little while back,
I was browsing through news groups, just like you are now and came
across a message just like this, that said you could make thousands of
dollars within weeks with only an initial investment of $6.00!!!
So I thought yeah right, this must be a scam!!! But like most of us, I
was curious, so I kept reading. Anyway, it said that you send $1.00 to
each of the 6 names and addresses stated in the message. You then place
your own name and address at the bottom of the list at #6 and post the
message in at least 200 news groups. (There are thousands). No catch,
that was it.
So after thinking it over, and talking to a few people first. I thought
about trying it. I figured, what have I got to lose except 6 stamps and
$6.00, right? So I invested the measly $6.00!!! Guess what? Within 7
days I started getting money in the mail!!! I was shocked!!! I figured
it would end soon, but the money just kept coming in!!! In my first
week, I had made about $25.00. By the end of the second week, I had made
a total of over $1,000.00!!! In the third week, I had over $10,000.00
and it is still growing!!! This is now my fourth week and I have made a
total of just over $42,000.00 and it is still coming in rapidly!!! It's
certainly worth $6.00 and 6 stamps!!! I have spent more than that on the
lottery!!!
Let me tell you how this works and most importantly, why it works!!!
Also, make sure you
print a copy of this message now. So you can get the information off of
it as you need it. I promise you that if you follow the directions
exactly, that you will start making more money than you thought possible
by doing something so easy!!!
Suggestion: Read this entire message carefully!!! (Print it out or
download it.) Follow the simple directions and watch the money come
in!!! It's easy!!! It's legal!!! Your investment is only $6.00 (plus
postage).
IMPORTANT: This is not a rip-off!!! It is not
illegal!!! ? It is almost entirely risk free and it really works!!! If
all of the following instructions are adhered to, you will receive
extraordinary dividends!!!
Please note: Follow these directions EXACTLY, and $60,000.00 or more can
be yours in 20 to 90 days!!! This program remains successful because of
the honesty and the integrity of the participants!!! Please continue its
success by carefully adhering to the instructions.
You will now become part of the mail order business. In this business
your product is not solid or tangible, it is a service. You are in the
business of developing mailing lists. Many large corporations are happy
to pay big bucks for
quality lists. However, the money made from a mailing list is secondary
to the income which is made from people like you and me asking to be
included on your mailing list!!!
Here are the 4 easy steps to success:
Step 1: Get 6 separate pieces of paper and write the following on each
piece of paper.
PLEASE PUT ME ON YOUR MAILING LIST
Now get 6 U.S. dollar bills and place ONE inside each of the 6 pieces of
paper so the bills will not be seen through the envelopes (to prevent
mail theft). Next, place one paper in each of the 6 envelopes and seal
them, you should now have 6 sealed envelopes. Each with a piece of paper
stating the above phrase, your name and address, and a $1.00 bill.
THIS IS ABSOLUTELY LEGAL!!! YOU ARE REQUESTING A LEGITIMATE SERVICE AND
YOU ARE PAYING FOR IT!!!
Like most of us, I was a little skeptical and a little worried about the
legal aspect of it all. So I checked it out with the U.S. Postal Service
and they confirmed that it is indeed legal!!!
Mail the 6 envelopes to the following addresses:
B. Brown
1208 Steeple Ridge Ct
McKinney, TX 75069 USA
M. Lussier
3112 133A Ave NW
Edmonton, AB
T5A 2Z8
N.E. Jackson
2101 S.W. Potomac Drive
Topeka, KS 66611
R. ROBERT
12840 NW 12AVE
NORTH MIAMI, FL 33168
D. Perkins
185 Conley circle
Montgomery, Alabama 36110
D. Crum
3305 crossridge rd
montgomery, Alabama 36116
Step 2: Now take the #1 name off the list that you see above, move the
other names up (6 becomes 5, 5 becomes 4, etc.) and add your name as
number 6 on the list.
Step 3: Change anything you need to, but try to keep this message as
close to what you see as possible. Now, post your amended message to at
least 200 news groups. I think there are close to 24,000 groups!!! All
you need is 200, but remember, the more you post, the more money you
make!!! This is perfectly legal!! If you have any doubts, refer to
Title18 sec. 1302 & 1341 of the postal lottery laws. Keep a copy of
these steps for yourself and whenever you need money, you can use it
again.
Turn $6 into $60,000 in 90 days, GUARANTEED
Postal lottery: Turn $6 into $60,000 in 90 days, GUARANTEED
December 29th, 2008 at 6:50 am
yes