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  #11 (permalink)  
Old 19th May 2012, 17:43
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The sad part is that most newbies tend to think of the forex trading as a walk-in Atm which doles out $$$ on demand. Unfortunately, without the right training, precautions, access to knowledge [which is available for free online], they end up wiping out accounts within 24 hrs of setting it up.
Believe me, forex trading takes a lot of work and is not a cakewalk..wish this message would reach the new ones entering this market..
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Old 20th May 2012, 10:02
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Quote:
Originally Posted by Fxpipper View Post
The sad part is that most newbies tend to think of the forex trading as a walk-in Atm which doles out $$$ on demand. Unfortunately, without the right training, precautions, access to knowledge [which is available for free online], they end up wiping out accounts within 24 hrs of setting it up.
Believe me, forex trading takes a lot of work and is not a cakewalk..wish this message would reach the new ones entering this market..
If anyone is thinking that Forex is a money making machine he is far from the truth. It is one of the most difficult Financial markets and in order to be able to become a Profitable trader much Efforts are required.
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Old 20th May 2012, 14:58
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Fxpipper and Dominator4fx, I agree with you both. Becoming a successful trader takes a lot of hard work over a long period of time.
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Old 30th May 2012, 18:39
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I think it is so difficult to get 20000% profit in one week but i believe it is possible in Forex trade. I know Forex is a risky business but it is profitable business too. I think if you have lot of experience, enough knowledge, good strategy, control emotions, control greed, with patience and follow trade in news on trading then it is possible other wise you loss youe invest.
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