Comments on: who has had any experiences trading currencies on Forex Curreny exchange?

By: Dmemme

Dmemme — Thu, 24 Dec 2009 16:42:04 +0000

Forex is definitely not a scam! It is a little hard to learn in the beginning but it is well worth the time. What other method is there in the world that can allow a common person to start trading with only a few dollars and take that to literally thousands of dollars as long as the trading is successful? And to make it easy, most brokers offer free demo accounts so you can practice and learn trading. Forex is perfectly legal too. Forexeasynow.com makes it very easy because they actually have a mathematical equation to use for predicting Forex. I would suggest you look into them.

By: Lawrence

Lawrence — Wed, 23 Dec 2009 20:44:44 +0000

Of course it is a genuine market! Even government trade forex!

By: Suzane P

Suzane P — Sun, 20 Dec 2009 22:54:57 +0000

My friend,

I would suggest you to start with demo trading with some good broker so that when you are comfortable you than switch to Live trading account.

Free FOREX education usually comes in disarray and I think should have an order of preference in the rank of; introduction to foreign exchange trading, definition of terms, types of analysis, in-depth of types of analysis, money management, development of trading strategies and a clear guide towards introduction to trading on demo accounts as this would boost the confidence towards live trading.

You can get free FOREX education online in e-book formats, web contents, blog contents etc. This would help you a lot as this could really build you towards becoming a successful FOREX trader.

By: Secrets From The Heart

Secrets From The Heart — Sat, 19 Dec 2009 00:46:49 +0000

Secrets From The Heart has reduced risk Expert Advisors, custom programming and a FREE margin calculator. Check it out.

By: Paul U

Paul U — Fri, 18 Dec 2009 10:05:18 +0000

Forex is a legitimate and potentially profitable market.

Unfortunately, it is as easy to begin trading in the Forex market as it is to sit down at a blackjack table. Many new traders jump in feet first without learning the basics of trading Forex, proper risk management techniques, proper money management tactics and an effective way to eliminate the impact of human emotions when trading.

As was mentioned before, one should definitely get educated about the risks and dangers of the market before trading with real monies.

I have two suggestions for you.

You can get very good free forex training at.

Second, rather than listen to other folks here tell you what can and cannot be done in the Forex market … do some research on people that have actually had some degree of success and learn the systems that they used to achieve it.

There is a very interesting Forex competition held a few times a year. It is called the Surefire Trading Challenge.

The last competition drew 2573 competitors. Those that trade with real money can win the $5000 top prize for the best performance. Those that trade with a free demo account can win $1000.

The results of the top 25 are posted but the best part is that the competitors agree to share the their systems, step-by-step if they are one of the top 6 competitors.

All results are validated.

I found this to be extremely helpful in fine tuning my own trading techniques and strategies.

It is better to learn from those that can show you what they have done and how they did it rather than listen to folks that say it can’t be done.

Study hard. Learn from those that have succeeded. Proceed cautiously. Enjoy success!

Paul

By: Davi

Davi — Fri, 18 Dec 2009 09:32:50 +0000

Currency trading is not a scam. But there are many people or syndicates out there trying to currency trading to scam novice. Here is an article about it:

Personally, I am a forex trader. I have been trading forex for years.

By: Klaudia

Klaudia — Wed, 16 Dec 2009 20:24:44 +0000

Hello,

Forex is for real and it is not a scam. Visit some reputable sites such as Oanda for example and you will see that it is all real and you can make money there but you can also lose, just like in any other trading.

Before you start however, make sure you are well prepared and know how it all works.

By: Sachidhanandam

Sachidhanandam — Wed, 16 Dec 2009 01:10:32 +0000

To answer your question

Forex trading is not scam.

you can start with

By: Common Sense

Common Sense — Tue, 15 Dec 2009 16:17:11 +0000

Forex is for real… It’s not a scam.

Most FX brokers are poor or worse. Be careful selecting one.
95% of new Forex traders fail to make consistant profits. A good portion of them wipe out their accounts.

Five or more years of equity trading can be helpful… especially if you’ve developed good Technical Analysis along with great money management skills. Without good money management skills…. don’t even bother trying.

By: bluenightsky87

bluenightsky87 — Sat, 12 Dec 2009 17:43:08 +0000

Hi Emma,

If you are a beginner and you want to start trading Forex, i suggest you to use Marketiva, which is a very good platform to start trading with and very easy to use.

Marketiva gives you 5$ real to start trading so you don’t have to deposit and if you made profit from it you can cash out, this is why it’s very good for beginners. Their platform is very easy to use and they have support during trading hours.

To open your account please visit