Showing posts with label forex millionaires. Show all posts
Showing posts with label forex millionaires. Show all posts

Forex vs Stock market?

Posted by Ryanita on Wednesday, May 14, 2014 , under | comments (0)






Damaro


As a trader, where is it "easiest" to become a millionaire?
At Forex trading or by trading Stocks at the market?

*What is the big difference between them both?



Answer
Forex is a "zero-sum" proposition...the only way for one Forex trader to make a profit is for another Forex trader to make a loss...

Stock trading allows for any (or even all) holders of a particular stock to make a profit, so long as the underlying company remains in business.

It is easy to become a millionaire buying (and holding) quality stocks...

Can someone become a millionaire by trading forex?

Q.


Answer
Yes someone can become a millionaire by trading forex. Its the 5-10% out there that makes the money 90% of the people losses.

It is about understanding and mastering it that makes you the top 10%.

Forex is not difficult if you understand price action and strategies to apply into play. Money management and trading psychology is the key to success.

Ezekiel




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What is better out of trading ordinary spot forex or currency options?

Posted by Ryanita on Sunday, December 8, 2013 , under | comments (0)



forex millionaires
 on MaxEDD Forex Robot Auditor | Forex Robot news
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William M


I am 18 years old and I am considering trading currencies as a home based business. I've had practice with ordinary spot forex and find it okay. I want to know what is better if I was to trade ordinary spot forex or currency options? Which is better, and which has the best chance of you becoming successful and becoming a millionaire out of?


Answer
Currencies tend to trend long term and be volatile in the short term.

Have a look at this chart from finviz & see if you agree.

http://www.finviz.com/forex_charts.ashx?t=ALL&tf=w1

I only trade currencies using long term call options. Why?

1. I have a known level of exposure (I can't loose any more than I put in)

2. I feel its lower risk, as I am trend trading - trends can also revert.

3. It is definitely lower risk than spot trading, as I am not trading on margin - I can still loose everything though.

4. I've had a few friends take up currency trading (spot), do quite well for a bit then have a bad run, only one out of 6 is still in the game.

5. It suits my personality. If you can handle the swings, spot trading might be the thing for you.

Open up a demo account and see how you go.

Give your self time to learn before putting your own money down - once its gone, its gone.

How to become a millionaire in india before small business ?




Tiju I


I wnt to be a millionaire in india , how to get idea small business ? or MLM is good website or orginial webiste in india ? i join pyrmaid business .. pl help me


Answer
You can try forex trading. I have been trading for more than three years and I don't regret getting involved. Make sure you are well trained before venturing into it.




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