I Have Been Reading A Lot About Forex Trading? Do You Think It Is The Best Way To Earn Online.?
Posted by benny in Barebone PC on February 9th, 2010 | 7 responses
NASDAQ might be better, trade shares not options, learn about the companies you’re interested in and go slowly. Don’t expect to make more than 10% a year, which isn’t bad as it accumulates.
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7 Responses to “I Have Been Reading A Lot About Forex Trading? Do You Think It Is The Best Way To Earn Online.?”
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In my opinion, FOREX is the best. FOREX trading is open 24 hours/day, 5 days/week. You can make money during good and bad economic times. And in FOREX, you just have to watch a handful of central banks, compared to the stock market, where you have to do a ton of homework because there’s literally thousands of companies and financial reports.
Yes possibly the Forex market can be the best way to make money if you are following a safe strategy and have invest enough money to support it.For example:if you invest $20.000 and you open 4 “buy” positions but no more in the EUR/USD today when the price is 1.4136 in an account where the pip costs 1 $,that means that every position will have a stop loss limit at 0.9136 and this limit is very much unlikely to be reached unless something worst than the current global crisis occures.From the other side you can make a nice 500-600-700 pips from each position when it will climb up to 1.4600 or higher no matter in how long time.Actually the point in the FX market is to enter the market in its highs or in its lows.If you can determine these points then you are on the path to make good money in the FX.
I dont know whether this is the best way or not but yes this is surely a way to earn money online.
I have made Forex Trading my best way to earn my money. But before you enter into actual forex trading, you need to learn and educate yourself about the basic working of Forex Trading, the trading styles you can use, the available tools to analyze your trading strategy. There are plenty of things to be understood before investing your hard earned money into such a volatile market with high risk. You can open up a Free Practice Trading account to furnish your skills and use some forex blogs for reference. Here is a site that i use as my trading platform and few blogs for your reference.
Keep using Yahoo answers.
I have a few valuable forex trading web sites, in particular some of them relate to the issues of avoiding scams in this field. Many people have lost their money to get this information and you can get it without any damages to your budget. But I would not like sharing this information here lest it does not look like advertising these web sites. It would be better, if I send you these websites by email. So my email is forexsmarty@yahoo.com. If you are really interested in this information, I will be always glad to help you.
Well I have made quit a bit with this website that pays you to give your opinion to companies. They have five and ten dollar surveys multiple times a week and they are free. Also I know when i joined I got five dollars free for joining. http://www.cashcloud.org
I have been paid.http://www.cashcloud.org
No. It’s a crock.
Actually most of the “make money easy & free online” is complete bs.
If you can make money doing something in the real world, you can make money doing the same thing online…for everyone else there is almost nothing that isn’t a scam or a come on.
That depends on what you like and enjoy doing, for me internet marketing is the best way so you be the judge and follow your gut feeling and go for it hope this help