If it was really that easy (and only took a couple thousand dollars) every one would be rich.

It isn’t easy and, realistically, it takes millions plus extremely fast, very expensive computer systems to make money consistently in either For ex or Currencies. (or commodities)

Some large investors (> $5 million) can use professional techniques or traders to hedge profitably.

Small investors (> $1 million) are better off limiting hedging to ETF’s and options.

Tiny investors (> $100k) are better off not touching any of the complex games of professionals.

There are more scammers in Forex because it is largely unregulated and a relatively new market only available to the public for a few years. But there are scammers in every market, in every town, everywhere you go today. What else is new? Ultimately, it’s your responsibility to check out the scams.

I use Ninjatrader and trade through Forex.com. It’s free to download and use.

http://ampfutures.com/

Nine out of 10 traders blow out during the first year, Forex is the worst because of the high leverage. Yes, it is possible to make a lot of money in any market, even moreso with higher leverage. Leverage is a killer. You can also lose more than you have, in a matter of minutes.

And you will need to invest in some software program to compete against the big guys, since they all have software too.

I will try to put it into perspective for you. Once you know what you’re doing in forex, you can easily average 5% profits weekly without spending too much time staring at charts. No problem. Just learn how to trade well enough to earn 5% weekly. But do it like this…

1. Open a demo account at one of the brokers. Make sure the account only has $1000 in it.

2. Place trades of 0.1 standard lots. NEVER place trades bigger than that.

3. Try to capture (or lose) only about 20 pips per trade. Use a well defined trading system and stick to it.

4. Keep trading like this until you have doubled your account. Don’t give up even if it takes a long time.

5. Open a $1000 live account with real money and repeat the process. Pay special attention to your emotions as you win and lose YOUR money and be aware of how different it feels from a demo account. Don’t let your emotions control your actions. Stick to the system.

Now here’s the thing. Each time your account grows by $1000, you can increase your trade size by 0.1. As your experience increases so will your money. Before too long it will feel like you’ve been doing it forever and you can be easily living entirely off the profits from trading.

NOTE: If you don’t know what some of the terms above mean, that’s no problem. Check out the BabyPips School and you can learn all of the terminology. Also, I highly recommend using a mentor to help get you up to speed and learning some proven strategies.

Once you become confident in your trading, you might consider reading my book on trading, or even using a trading robot to free up your time. I have one of those too. Check it out.

Anyway, I hope this answers your question. I know it’s kind of long but believe me, forex is worth the effort.

BabyPips School
–> http://www.babypips.com/school/

Forex Signal Mentor
–> http://www.ameLabs.com/recommends/fsm.php

The Forex Millionaire Maker (my book)
–> http://www.Millionaire-Maker.org/

Forex Set and Forget Automated Trading Robot (mine also)
–> http://www.Forex-Set-and-Forget.com/

I run at around 40% profit … better than bank interest rates and out of all of the AI Forex robots fapturbo is the best.

I checked out the review here and purchased, you get a discount using the link so it’s the best place to buy, I should know I spent months searching

http://forexforum.forex4pros.co.uk/showthread.php/good-fapturbo-review-1235.html