How Can I make More money with Forex ?
Selah asked:
I need to know how to make more money with Forex, investing less money for more profits.
This entry was posted
on Tuesday, July 14th, 2009 at 12:00 am and is filed under Investing.
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.
I need to know how to make more money with Forex, investing less money for more profits.
July 15th, 2009 at 3:57 pm
The only way to always make money in forex is to be a broker of forex. That way you make a commission every time some (sucker) makes a trade. It does not matter if he makes money or not, you, as the broker, always get your commission. Why do you think there a so many web sites advertising for you do forex trades? Answer: they are all brokers!
July 18th, 2009 at 2:19 pm
checkout trading academy.com they have classes in a lot of places and you can go to a free 4 hour class and trade live for free.
July 22nd, 2009 at 12:13 am
Dear Selah,
You can discover how to make more money with forex here:
July 22nd, 2009 at 5:29 pm
To increase your profit in the forex market you will need to increase your leverage. By doing this you will make higher profits but also increase your risks.
The other option is to increase your knowledge to make better trades and more profits.
July 24th, 2009 at 8:42 am
Hi Selah,
The best way to maximize income with less money is to expand your own knowledge of the forex market. Automated forex trading systems (robots) can be great tools but their success ultimately is determined by the skill of the person using it. There are a number of companies that offer practice accounts which allow you test forex trading strategies without the risk of losing money. There are also a lot free resources online to learn from. Good luck!
Regards,
Ben
July 24th, 2009 at 2:27 pm
I started experimenting with forex 3 years ago and was very lucky doing that as a part of my job. I tried every single tool on the market and here is my opinion on them:
Majority of tools on the market today are really bad and some of them are just average and you will lose money or in best case break even.
The fact is that 95% of Forex traders lose money! Please remember that!
So only 5% of people make some money, and only 1% of people makes lot of money.
I personaly use one tool and I’m making money month after month using it. I started using FAP Turbo in december last year and from $1000 starting balance im now at $7700. Not bad at all.
You can read more about FAP Turbo here:
July 25th, 2009 at 3:57 pm
Forex trading is about buying and selling currency.
As a newbite, I suggest you to sign up for a demo account. Trade until you able to consistently making profit. Then, put in some real money that you can afford to loss. You may loss it, treat it as tuition fee. Finally, hopefully you would have master the skill to win in the long run.
Good luck.