Briefly describe how this system works and tell me you experiences with it.
Can you recommend any web sites or blogs. No hype or sales sites please. I get enough of these.
Linda - Thank you for the information.
CCNG - Did you read the question? I am looking for information. I didn't say I was goin to do.
Joe - Great stuff. Thanks.
Killian - Forex is not the way to invest. Thank you for your information.
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June 7th, 2009 at 7:54 am
You are crazy! If you don't know anything about this, why would you want to put any money into it? Yeah, it's not something like simple stock that you can go and research, you have to be very familiar with the economic dynamic of the country, other wise you are going to be throwing your money away. You might as well put the money on the table at the casino!
June 7th, 2009 at 7:54 am
Playing Forex can appear alluring, but the majority of people who try it lose money. All you have to do is do a web search on the words "Forex" and "lose" to see this is the consensus.
Forex is what we call a "zero sum" game. You are making a bet with someone else about whether a currency will rise or fall. For every winner there has to be a loser. If you are smarter than the average player, you may make money. If you are dumber than the average player, you are likely to lose money. Most of the people making the "bets" in Forex are highly trained professionals at banks and other institutions. You are unlikely to beat them at this game.
Actually Forex is not quite a zero sum game. It's a slightly negative sum game as the Forex broker takes a small percentage each time in the spread. It's a small amount but over a hundred trades, it ends up being a considerable amount of money. So the average player is likely to lose money, and remember the average player is a highly trained professional and probably smarter than you.
There is a lot of luck in Forex, and if you play it, you will have some periods of time where you make money. This is usually because you are having a lucky streak, not because you have suddenly become an expert Forex player. However, most people are unwilling to admit their success is due to luck. They become convinced they have a system that works, and lose a lot of money trying to refine it.
Further complicating the problem is the large number of Forex scams on the internet. Most Forex websites are of questionable honesty.
I would recommend not trying to do Forex at all, unless you are a trained professional. It's like playing poker with people better than you, with the house constantly taking a small percentage from the pot.
June 7th, 2009 at 7:54 am
no
June 7th, 2009 at 7:54 am
AIG was be a best stock to invest if you plan to invest for a long term, because AIG is too big to fail and beside AIG no longer need government bailout money. if you invest in AIG are now you returning profit is 10-30 times in 3-5 years.
June 7th, 2009 at 7:54 am
Unfortunately the market of Forex investments is full of scammy projects, that hide behind the great idea of Forex market and disappear with your money.
And, by the way, for you to know it - it is prohibited to guarantee any income from Forex trading, this is prohibited by the law. And if you see anyone claiming to give guaranteed income from forex trading - you are dealing with:
- a cheater
OR
- with an incompetent person who does not know the legal regulations of this market.
In any case, this is just one of the examples how not to get into the trap of Forex investment scam.
If you are interested in more Forex investment anti scam tips - please read my blog post here http://www.forexmoneymanager.com/forex-managed-accounts-anti-scam-guide/
June 7th, 2009 at 7:54 am
I have invested alot of money with forex and It has paid of greatly. I currently use a robot because Its easier to use than manually trading and it makes more money because it can capture trades over night.
I use the fap turbo bot at http://forexautoprofitbot.com
June 7th, 2009 at 7:54 am
For a beginner forex currency trading may seem to be a whole new world but as a matter of fact the basics are quite easy to learn. You just need to understand the cants and trading terms and grasp a primary understanding of how the markets work.
Making big profit in a short time is what forex currency trading is all about! It is possible for investors to make a lot of money very fast because the exchange rate on the foreign market can rise and fall quickly. This means naturally that it is risky and there is also a chance of losing a lot, just like most things in life that have the potential of big returns.
One difference from stock market trading is that forex traders are not limited to dealing in their own country. You will be able to trade any two currencies regardless of where you live. This also means that the market is international. Because of time zone differences, it is open 24 hours a day from Monday morning in Australia to Friday afternoon in New York.
There is a big different between trading and investing. Without any knowledge of trading I would suggest you stay out of the FX market, if you are looking to invest in currency take a look at ETFs. (Exchange Traded Funds).
If you want trading training tips take a look at my blog… http://fxforexonlinetrading.com
Hope that helps.
June 7th, 2009 at 7:54 am
I have invest in Forex and i have make some good money.But i was totally newbie so i start with Fap turbo.
Fap Turbo is an automated trading program which means that it performs automated trades in the forex market without your intervention or presence being required.
FAP Turbo makes use of complex mathematical algorithms which constantly scour through real time market data around the clock looking for high probability trading chances. Once it finds what it deems to be a profitable trade, it invests in that currency. From there it watches over that investment to ensure that it doesn't reverse out of your favor and start costing you money rather than earning it for you. Eventually, once the trend does reverse or it's topped out in the system's mind, it trades away the now bad investment, shielding you from loss and ultimately maximizing your gains.