Comments on: Learn Forex – How Long Does It Take?

By: Ducati 996R

Ducati 996R — Wed, 28 Oct 2009 10:44:17 +0000

Mine does not take long to learn as everything is automatically done by robot software.

9,000% in 10 months doing nothing.

In this crisis year, 1000% in 1 year automatically!

http://automaticforextrading.blogspot.com

By: bean_c129824

bean_c129824 — Wed, 28 Oct 2009 09:11:34 +0000

By: chicagosucks82

chicagosucks82 — Wed, 28 Oct 2009 07:18:20 +0000

First, you can hold a short position in stock as long as you want.

Second, you can hold a forex position as long as you want.

They let you leverage 100:1 because they feel it's safe for them to let you do this. It doesn't mean it's a good idea and I never run my positions with that much leverage.

By: ivan anich

ivan anich — Tue, 27 Oct 2009 18:11:00 +0000

Yes it's true that new comers to forex trading are more likely to lose. I lost too when I started but I have made quite a bit in the last few months from forex.

The important point to avoid losing in forex is not to jump in but learn as much as you can and always do paper trades until you are comfortable.

Lately there are a few new software systems in the market that are selling like hot cakes. I tried a few and so far I'm using Forex Killer regularly. Has given me some very good signals to trade.

By: se d

se d — Mon, 26 Oct 2009 15:55:10 +0000

By: __A_YAHOO_USER__

__A_YAHOO_USER__ — Mon, 26 Oct 2009 15:30:00 +0000

The good thing about forex trading is that you can learn it risk free. Yes, risk free! All you need to do is open a demo account with any forex broker. You can do that in five minutes on the internet and start with forex trading. On the demo account, you will be provided with real time data that you can use to make buy/sell decisions but you will be using fake or virtual money. Since you are not using your real money, you are not going to lose even a single cent.

If you want to play tennis you need to practice. Same with forex trading, with a practice of a few weeks you will be confidant enough to start live trading.

The sites you can refer for forex trading tips, recommendations, news and updates are:

By: slash4gunners

slash4gunners — Mon, 26 Oct 2009 03:27:57 +0000

I can't speak to the professional aspect but I've been trading Forex for a couple years and am marginally successful but it takes a lot of work and in the beginning, a lot of money. I blew through my first $5,000 account in about 2 months. In looking back, I realize that while I thought I was good and would make a killing, I didn't have a clue. Over the 2 years, I've learned a lot and have developed techniques that work for me but it's a lot of work – 20+ hours per week reading everything I can about the economies of other countries and trying to understand what the market is going to do in response to economic reports and news. You really have to be on top of things and you have to develop a strategy that works for you.

I treat it as a hobby – something I can do to keep the brain active as I approach retirement. My goals are to make more money than I lose and will keep trading as long as I can do that but to be honest, I make more money in the stock market.

The get rich quick schemes for Forex may sound good but it just doesn't happen for the average individual.

By: De Ken T

De Ken T — Mon, 26 Oct 2009 02:33:42 +0000

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