7 Part Forex Introduction

[closedcircle]

For a beginner forex currency trading may seem to be a whole new
world but in fact the basics are quite easy to learn. You just need
to understand the buzz words and trading terms and grasp a basic
understanding of how the markets work......

http://forexforthenewbie.blogspot.com/

[HNV]

For a beginner forex currency trading may seem to be a whole new
world but in fact the basics are quite easy to learn. You just need
to understand the buzz words and trading terms and grasp a basic
understanding of how the markets work......

http://forexforthenewbie.blogspot.com/

Interesting, that they believe it too be simple too learn, why is it then that 95% of the people who try to forex trade loose all their money with in usually the first 30 days of trading.

If it was as easy as some believe why isn't it more popular

Not that I or anyone else who is or has learned has any problem with others doing the same, I just do not believe that it is suitable for everyone, in fact I would have too say out of all the people I have met on the internet in the last 10 years or so only maybe a dozen or so would I believe be able to trade successfully....... I may be wrong, but i suspect an a lot of people will try to duplicate what they can achieve on 'Game accounts' only too find that they cannot in the real world of FOREX

Hope those who at least try understand that it is not as simple as others believe it too be.

[closedcircle]

Whenever I have posted this information, someone always
replies in the same way.

They will always say how only one person in a million seems
to make money on forex, and the other 999,000 all lost thousands
in their first year.

The purpose of the information is not to give the impression
forex trading is easy or anyone can do it with little or no risk.

It is an introduction, not a trading course. It gives a
general overview of what forex is all about because many
people have heard of it but don't know.

>>For a beginner forex currency trading may seem to be a whole new
world but in fact the basics are quite easy to learn. You just need
to understand the buzz words and trading terms and grasp a basic
understanding of how the markets work<<<

Not too hard is it?

>>>It is possible for investors to make a lot of money very fast because
the rates of exchange on the foreign market can rise and fall quickly.
This means of course that it is risky and there is also a chance of losing
a lot, just like most things in life that have the potential of big returns<<<

So the basics are easy to learn and how someone proceeds is up to them.

But because nearly everyone in the hyip arena hasn't been successful,
or has a friend of a friend, or their neighbour's cat who lost his first
million in forex, doesn't mean others will not want to learn.

Asking what forex trading is all about is far different from doing
a trading course and then trading.

Everyone has to start somewhere. So if anyone has an interest
in forex trading then go for it, and as in anything else educate
yourself about both the risks and rewards.

Don't let anyone steal your dreams.

[lewdtexan]

(From closedcircle) They will always say how only one person in a million seems
to make money on forex, and the other 999,000 all lost thousands
in their first year.

Whut happened to the rest?????
About 999 people unaccounted for!!!!!!!!!!!!!!!!!!!!!

[HNV]

For those really interested in learning about Forex and have the time to spare you could do worse than take the courses at http://www.babypips.com/school/

[HNV]

Please make sure though that you read this post before, spending any of your own money into a 'live forex account'.........

viewtopic.php?f=63&t=3530



Although I wish everyone the greatest of success in life, I would hate to see those who fall prey to the HYIP's loose even more by trying to be one in the 5% of the forex survivors...... Although yes it would be really good if somehow the % of the winners could be increased over time.......

[bmclag659]

(From closedcircle) They will always say how only one person in a million seems
to make money on forex, and the other 999,000 all lost thousands
in their first year.

Whut happened to the rest?????
About 999 people unaccounted for!!!!!!!!!!!!!!!!!!!!!

[bmclag659]

Although I wish everyone the greatest of success in life, I would hate to see those who fall prey to the HYIP's loose even more by trying to be one in the 5% of the forex survivors...... Although yes it would be really good if somehow the % of the winners could be increased over time....... [/quote]