Showing posts with label forex day trading. Show all posts
Showing posts with label forex day trading. Show all posts
I am looking for a profitable forex strategy, day trading?
Posted by Ryanita
on
Sunday, April 13, 2014
, under
forex day trading
|
comments (0)
Babnon
I need a good strategy that can build my capital to a full time income.
Answer
I've read a lot about Forex, but I've never seen a proven profitable forex strategy, despite the claims of some scam web sites. 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. You will find many people on the Internet that claim they made a lot of money using Forex. They are usually liars trying to make money. They will say: "Go to Forexcrap . com/q2347." The "q2347" is a signal to the Forexcrap site that you are being referred to them by "q2347." If they sell something to you, "q2347" gets a kickback. These coded signals can be hidden by different methods in the link. Other people will refer you to their own private website or blog for the purpose of trying to get money off you.
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.
I've read a lot about Forex, but I've never seen a proven profitable forex strategy, despite the claims of some scam web sites. 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. You will find many people on the Internet that claim they made a lot of money using Forex. They are usually liars trying to make money. They will say: "Go to Forexcrap . com/q2347." The "q2347" is a signal to the Forexcrap site that you are being referred to them by "q2347." If they sell something to you, "q2347" gets a kickback. These coded signals can be hidden by different methods in the link. Other people will refer you to their own private website or blog for the purpose of trying to get money off you.
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.
Is forex day trading legit? And if so how profitable is it?
anberain
Answer
The currency trading (FOREX) market is the biggest and the fastest growing market on earth. Its daily turnover is more than 2.5 trillion dollars, which is 100 times greater than the NASDAQ daily turnover.Markets are places to trade goods. The same goes with FOREX. The Forex goods (or merchandise) are the currencies of various countries. You buy Euro, paying with USdollars, or you sell Japanese Yens for Canadian dollars. That's all.
How does one profit in Forex?
Very simple and obvious: buy cheap and sell for more! The profit is generated from the fluctuations (changes) in the currency exchange market.
The nice thing about the FOREX market, is that regular daily fluctuations, say - around 1%, are multiplied by 100! (in general, Easy-Forex⢠offers trading ratios from 1:50 to 1:200). If, for example, the exchange rate of "your" pair of currencies increased by 0.6% in the last 4 hours, your profit will be 60% on your investment! Such can happen in one business day, or in a few hours, even minutes.
This paragraph of the article just shows how profitable it is. VERY profitable. But this ain't the way to 'get rich overnight.' It requires A LOT of hard work in figuring out your own strategies and how to deal with possible losses. Forex trading is legit. But a warning that there are a lot of forex scammers out there. Check out the links below, especially the articles in the forex resources section. Its very helpful.
The currency trading (FOREX) market is the biggest and the fastest growing market on earth. Its daily turnover is more than 2.5 trillion dollars, which is 100 times greater than the NASDAQ daily turnover.Markets are places to trade goods. The same goes with FOREX. The Forex goods (or merchandise) are the currencies of various countries. You buy Euro, paying with USdollars, or you sell Japanese Yens for Canadian dollars. That's all.
How does one profit in Forex?
Very simple and obvious: buy cheap and sell for more! The profit is generated from the fluctuations (changes) in the currency exchange market.
The nice thing about the FOREX market, is that regular daily fluctuations, say - around 1%, are multiplied by 100! (in general, Easy-Forex⢠offers trading ratios from 1:50 to 1:200). If, for example, the exchange rate of "your" pair of currencies increased by 0.6% in the last 4 hours, your profit will be 60% on your investment! Such can happen in one business day, or in a few hours, even minutes.
This paragraph of the article just shows how profitable it is. VERY profitable. But this ain't the way to 'get rich overnight.' It requires A LOT of hard work in figuring out your own strategies and how to deal with possible losses. Forex trading is legit. But a warning that there are a lot of forex scammers out there. Check out the links below, especially the articles in the forex resources section. Its very helpful.
Powered by Yahoo! Answers
where can i find forex day-trading system?
Posted by Ryanita
on
Tuesday, April 1, 2014
, under
forex day trading
|
comments (0)
Angelica
Answer
Enough of Theoretical Forex Trading Systems That Only Work On Paper!
Finally, a time-tested Forex trading system, with DOCUMENTED PROOF, that has the potential to turn $1,000 into $1,000,000 in just 24 months.
I guarantee that what you're about to see will change your views on Forex trading forever!
http://www.americanrefinance.net/buy/money-refinancing/7-10/7-10-1/index.html
Dear Trader,
Before I even introduce you to the revolutionary, accurate and easy-to-implement 5EMAS Forex System, I want to get something out of the way... Words are nice, everyone can write about how good a system is, BUT, how many can provide actual PROOF?
Well, CLICK HERE to see how a $5,000 account grew to $38,572 in ONLY 34 weeks of LIVE trading. Yes, LIVE trading, NOT paper trading using the 5EMAs Forex System.
Not enough proof? Well, CLICK HERE to see how "Mr. X" from Norway (one of our clients) made $21,807 from LIVE trading in just 11 days using the incredibly easy-to-implement 5EMAs Forex System!
Original and Unique is what separates a successful Forex trading system from the rest of the bunch.
The 5EMAs Forex System reveals a secret method of predicting market movements, thanks to which you will understand how to potentially turn $1,000 into $1,000,000 in 24 months (or $10,000 into $1,000,000 in just 12 months).
I will teach you - step by step - how to identify amazingly accurate trades that with unique Money Management techniques, developed especially for this system, will allow to you to earn huge returns from the Forex market.
Important: This system has only recently been revealed! You will see screenshots illustrating actual trades which prove this fact.
Depending upon the exit strategy selected, the system can generate monthly returns of between 30% and 55%.
http://www.americarefinance.net/buy/employment-debt/7-10/7-10-1/index.html
Enough of Theoretical Forex Trading Systems That Only Work On Paper!
Finally, a time-tested Forex trading system, with DOCUMENTED PROOF, that has the potential to turn $1,000 into $1,000,000 in just 24 months.
I guarantee that what you're about to see will change your views on Forex trading forever!
http://www.americanrefinance.net/buy/money-refinancing/7-10/7-10-1/index.html
Dear Trader,
Before I even introduce you to the revolutionary, accurate and easy-to-implement 5EMAS Forex System, I want to get something out of the way... Words are nice, everyone can write about how good a system is, BUT, how many can provide actual PROOF?
Well, CLICK HERE to see how a $5,000 account grew to $38,572 in ONLY 34 weeks of LIVE trading. Yes, LIVE trading, NOT paper trading using the 5EMAs Forex System.
Not enough proof? Well, CLICK HERE to see how "Mr. X" from Norway (one of our clients) made $21,807 from LIVE trading in just 11 days using the incredibly easy-to-implement 5EMAs Forex System!
Original and Unique is what separates a successful Forex trading system from the rest of the bunch.
The 5EMAs Forex System reveals a secret method of predicting market movements, thanks to which you will understand how to potentially turn $1,000 into $1,000,000 in 24 months (or $10,000 into $1,000,000 in just 12 months).
I will teach you - step by step - how to identify amazingly accurate trades that with unique Money Management techniques, developed especially for this system, will allow to you to earn huge returns from the Forex market.
Important: This system has only recently been revealed! You will see screenshots illustrating actual trades which prove this fact.
Depending upon the exit strategy selected, the system can generate monthly returns of between 30% and 55%.
http://www.americarefinance.net/buy/employment-debt/7-10/7-10-1/index.html
Can you really make 1000 dollars a day with forex trading?
johny c
Answer
Yes, you can make 1000 dollars a day with forex trading. However, Forex Trading involves substantial risk of loss, and may not be suitable for everyone.
Learn Step-by-Step How To Make Money with Forex Trading:
http://online-fx-trading.net/what-is-forex
:)
Yes, you can make 1000 dollars a day with forex trading. However, Forex Trading involves substantial risk of loss, and may not be suitable for everyone.
Learn Step-by-Step How To Make Money with Forex Trading:
http://online-fx-trading.net/what-is-forex
:)
Powered by Yahoo! Answers
