is forex as safe and lucrative as they make it sound?
Question by Jones O: is forex as safe and lucrative as they make it sound?
i have received a lot of offers from those who claim to be doing one internet business or the other especially those into stocks and shares and forex. in fact my mail box is full of them. why is the whole world not rich with all these opportunities and what are the risks?
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what ever you invest in dont invest more than you can afford to loose.
for every winner there is at least one looser and probably more.
i get lots of these too
Just remember if it sounds to good to be true it is. And what better way to get you to pay money than to promise you will get rich quick?? I mean that is what every one wants right?
Forex trading is a very tricky game. If you are good at speculation, you can give it a try. If you want to invest safe , this may not be the best option.
Forex may be lucrative but it is not at all safe. Volatility of the markets creates earning potential for some. Bur since nobody has ever predicted 100% the movements of traded instruments, a lot of people do lose money. Indeed if all opportunities are risk free, then everybody would be rich. If you have extra fund, you may want to give it a try. Remember though that investing is very much like gambling, the “casino” or brokers always win in the long run, as they collect fees every time there is a transaction.
Forex isn’t that easy as they let it sound.
However if you are willing to learn and take allot of time into it you can be profitable.
Another alternative to be profitable on this market is by using a moneymanager.
I have chosen this way, because I’m afraid of losing al my money on a stupid trade.
And I don’t have to complain, they are giving me an excellent service and great returns.
This are the results they have made so far:
http://my-robottrader.blogspot.com/…
Annyway you have to find your own way in this moneymarket.
why not try? The risk just depends on how you control it .