
questions about forex trading?
I would like to trade but would like to know it is safer to buy shares, and if so, can any1 send me some tutorials to help me get started. ps has any1 make money from forex trading
Playing Forex may seem alluring, but most people who seek it lose money. Everything you need to do is do a web search on the word "Forex" and "loser" to see the consensus. Forex is what we call a "zero sum" game. You make a bet with a second whether a currency will rise or fall. For every winner there must be a loser. If you are smarter than the average player, you can make money. If you're stupider than the average player, you're probably losing money. Most of the people doing the "game" in Forex are highly trained professionals in banks and other institutions. You are unlikely to beat them in this game. In fact Forex is not quite a zero sum game. It's a little negative sum games such as forex broker takes a small percentage each time the spread. It is a small amount, but over a hundred subjects, it ends up being a significant amount. So the average player is likely to lose money and please the average player is a highly trained professional and probably smarter than you. There are a lot of luck in the forex, and if you play it, you will have some periods where you can earn money. This is usually because you have a lucky streak, not because you suddenly become an expert Forex player. But most people are willing to admit their success is due to luck. They become convinced they have a system that works, and lose a lot of money to try to improve it. Further complicating the problem is the large number of Forex scams on the Internet. Most forex sites are of dubious honesty. You will find many people on the Internet claiming that they made a lot of money using Forex. They are usually liars trying to make money. They will say: "Go to Forex Crap. Com/q2347." The "q2347" is a signal to Forex Crap site you have been referred to them by "q2347." If they sell something to you, "q2347" gets a kickback. These coded signals can be hidden by various methods in the link. Other people will refer you to their own private website or blog to try to get money from you. I would recommend not trying do forex at all, unless you are a trained professional. It's like playing poker with people better than you, with the house all the time to take a small percentage of the pool.
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