The other half of the truth is that if you buy and study a good forex currency trading e-book guide or program and understand how it works, avoid the pitfalls and get to know the secrets of risk management and trade with discipline, you can get fabulously rich so fast it will make your head spin...
The forex money trading business is simple. It is all about trading a country's currency with that of another country's currency. The way to make money in this market is to make sure that the currency you hold increases in value than that of the paired currency. In other words, you gain a profit...
Many new traders will place very tight orders in order to take very small profits. This is not a sustainable approach because although you may be profitable in the short run (if you are lucky), you risk losing in the longer term as you have to recover the difference between the bid and the ask...
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