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Search The Warrior Forum Search. I've been really interested in getting into Forex Trading. I've seen products for currency trading all over clickbank although I probably wouldnt purchase a clickbank product.

So I guess I'm wondering is, are any of you Warriors having luck with currency trading? The learning curve seems pretty steep. Is it really or am I just a bit intimidated? Would you say Forex Trading is Risky? Would it be worth it for me to start learning Forex Trading. It can obviously be profitable but can a normal guy profit? LOL I really do not know who is the worse one? The scam creators illegal sales pages or the mugs who believe and buy into it.

Signature 15 Minute Forex Bar Trading System Free at http: I've been a trader for over 20 years and have traded everything from stocks, to futures, to currencies forex so I feel qualified to say Stay far, far away from the Forex markets. Theres' really to much leverage which can work for you but it disasterous when it works against you.

These are the largest markets in the world and are traded by resources from entire nations. Signature Google's Keyword Tool is Gone!. You will NEED this! Joe Benjamin 7 years ago. Originally Posted by searchnology. Only 30 Minutes Per Day and how YOU can COPY my RESULTStoo! Trading forex requires alot of training and experience. Take a look at some of these terms: If you are serious get studying and open a demo account.

Do not commit money until you are consistently successful with the demo. Even then you have to accept the fact that demo money doesn't replace trading real money and how that will make you feel. Alexa Smith Banned 7 years ago. NicheCowboy 7 years ago. I have a simple strategy and very basic set of rules I follow. I always trade in the direction of the trend.

Moving average crossovers and trend line breaks on the daily charts give me my cues to change trade directions. I usually trade from Jan. My advice, avoid the "robots" like the plague. Been there, done that Find yourself a simple strategy that doesn't require you to sit behind the computer all the time. I usually only peek in on the markets once or twice a day. There are many strategies that will work. You have to go into forex trading realizing that losses will be a part of the game Once you find a system that gives you the "edge", you must combine that with strong money management skills, or you'll be doomed.

To be successful, you must stick to your "plan" and leave emotion out of it. JEL 7 years ago. Originally Posted by sloanjim. Signature Future Options Tradinga free subscription on trading the commodity markets. DanPE 7 years ago.

Forex Trading is it worth it? | dakoxok.web.fc2.com

Originally Posted by JEL The days of forex being unregulated will be coming to a close in the near future. I would love to see how these scam artists are able to keep their sales the same when they are not allowed to guarantee anything, mention risk in the same capacity as the mention reward, and have to send in their promotional materials to the NFA to get approved.

Originally Posted by DanPE. Some of them are incorporated in other countries or are moving to other countries. Don't do it - its a booby trap. I lost my pants in it and continue to pay the debt off. Yeah the learning curve is steep and yes it carries risk - just like PPC I was sorely tempted for a long time and took some trading courses, what ended my trading days was how I consistently lost money in my practice account.

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NetInvestor 7 years ago. Originally Posted by jitterbug AndyBlackSEO 7 years ago. If you are wanting to get into Forex trading and make some good money then there is only one person I know of who does 'extremely' well with it and has been in the business for a lot of years. He offers training courses among other cool products. He's a Warrior members called Loz. Check out his site here Signature The Worlds Most Effective Video Creation and Marketing Software Create and rank professional marketing videos fast and efficiently.

Cheers for the plug Andy. Jonathan Maybe those courses was not teaching you the real way to trade. As soon as they jumped on my course, they're doing much better. The rest are all newbies, and most of those are doing great, and what makes it better is we have over 90 people in a skype group chat every day chatting about the strategies I teach them, amongst themselves, they all call out signals and the rest of the peeps in the group jump on their charts to see the buy or sell signal that was called out, and why it was called, and discussions go on from there.

Some of them are that good which they don't really realize yet they could start their own forex signal service. Ash R 7 years ago. Just had to throw in 2c The learning curve is extremely steep and requires an insane amount of hard work before you make "easy money", as another warrior pointed out.

Software out there is Cr p. My partner is a programmer and we have programmed a zillion EAs. None of the commercially available "robots" work. There are some EAs which work or at least you can code if you know coding but they require human skills as well. A mentor is invaluable. Is it worth it? I don't know about you. But it is not "Easy money". Nor is anything in life. Signature Don't sweat the small stuff: Tom's manual strategies do, cos I've been using them as long as he has.

Not that he taught me, I'm self taught. Same too with Steven Lee Jones EA's My FX Price Action worked great for 6 months, then it went into beta testing, then faced some problems during the xmas period, and within two months nov and dec last yearit blew the account out due to too many losses Originally Posted by ash Originally Posted by askloz.

Anyway if you can trade with the forex co's short-term then great. I find the rollover trades ridiculous for the trades I want, which are long-term multi-month trades. It always seems that they charge the most for the trades which are the most obvious. If you don't have enough capital, the risk of "something" happening between the time you press the button, and the order reaches the server, is a lot greater.

As it is, no online broker will guarantee fills. The reward to risk ratio is different ALL the time, based on leverage size and the amount of risk of your balance in percentage you use to trade with. Innocent Akuma 7 years ago. Forex market is volatile. You can make a lot of money if you know what you are doing.

Kul 7 years ago. There's a perception that the Forex market is extremely risky - more so than other markets like equity. This is a flawed perception for many reasons. One reason for the existence of this perception is the high leverage levels that forex brokers offer. Now if you know nothing about forex and start trading, you will start sharing this perception because of the lure of using high stakes relative to your account size to rake in big money in one go.

Couple high stakes with high leverage and you have a perfect recipe for disaster. This kind of behaviour is similar to try your had with PPC without knowing anything about it.

If you start putting money in PPC without knowing how it works, chances are very high that you will lose your money. And just as fast as you would lose by trading forex with high stakes and high leverage.

The other side is true as well. Just like PPC, if you know what you are doing, chances are very high that you WILL make money from Forex.

The key thing is to take a disciplined approach and use good money management while trading. This might sound simple but I guarantee that when you get down to it, you will realize just how difficult it is to stay disciplined.

A thing about robots. Currency markets, due to their very nature and dependence on day to day events, are extremely volatile and unpredictable. Any robot which will work for Month X or Year X, WILL result in losses sometime in the future. So I guess what I'm trying to say is that there is a very real possibility of making money in forex trading but nothing more than any other business opportunity. Originally Posted by Kul. Static Trading systems fail? Do you know anything about Fibonacci Studies, Fibonacci Extensions?

Do you know how Powerful they are? What did it do? Why did it drop? Cos it was way, way overbought. What does that mean?

It has to come back down Fibonacci studies will tell you how far it will come back down. Fibo studies have been used for over 20 years Cos it's a very accurate way to work out where the trade will go after a neckline has been broken. If you know the right way to trade, it's quite easy to predict where the currency pair will go. All static trading systems fail. That is an absolute certainty. It's not a question of if, but when.

If the movements of the Forex market could be predicted with certainty, the market would cease to exist because there would be no need for it. Anyone who has a glimmer of basic probability knows that static systems WILL fail. I earned my living as an IB with Stotler and Co. I've seen systems based on everything from Fibonacci sequences to phases of the moon.

Failure is the ONE thing they ALL had in common. If you could accurately predict market movements, it would be an absolute certainty that you would control the currency markets given enough time. I post this because I've seen the pain and destruction people have suffered because of pie in the sky promises made by salesmen in the markets.

It's not pretty at all. You would do just as well to flip a coin on whether to go long or short, set your stop loss order, and hope for the best.

Is Currency Trading Worth the Risk? - WSJ

Matthew Moyer 7 years ago. I started trading in forex 3 or so years ago. Played around with a practice account and took k in fake money to over 18 million very quickly. Technically I don't think it was or is a real account as I think a standard trade is k units or something like that and even with leverage I was nowhere near that. The problem was it wasn't enough for me, I was only making a few dollars a day at most and you can't live off of that and I started getting impatient and starting treating it like a poker account and basically going all in.

The strategy which I used was to look at the price which I was trading euro vs the us dollar at the time. So I would take that number and divide it into my balance and get whatever number. That is the number of total units that I would let myself trade. Now I wouldn't trade them all at once.

I would trade one or two units at a time and scalp which was to take very small profits all the time. That strategy worked it wasn't until I started getting desperate at not having any money other then what was in my forex account and then basically going all in. Then I kept getting margin call after margin call and lost basically of of that money. I scalped usually hundreds of pips a day, although I don't think most people could do what I did as I would literally sit there for 16 or more hours.

That didn't bother me as I used to do that long ago when I played a lot of online games where i would play for a day or more straight. So I think it's possible to make money in forex I just don't know how much as my experience got ruined by my own desperation outside of trading. If I would of had a much larger account and my trades would of been larger and making me enough to live off of I probably wouldn't of ruined my account by going all in basically.

I can't comment on trading macros as I haven't ever used any. I don't know if indicators work either as I don't think they could possibly take into account massive trades by really rich people or countries. That's my take though and I didn't use any indicators or paid attention to the news.

LetsGoViral 7 years ago. Signature Time of thinking is over. Originally Posted by LetsGoViral. I've invested in Forex through a broker I know and fortunately didn't gain or lose anything. Crisis started and he couldn't apply the techniques any more. Be careful and aware. If you want to master Forex yourself, you will have to invest a lot and probably will not be able to do IM as a side job.

The thing in Forex is - whenever someone wins money, someone else loses it. Furthermore, all the big banks are doing and sharks like George Soros as well. You will be competing against these people. Forex is easy, most people approach it the wrong way. Just like IM, or SEO, Keyword research, all of it is dead easy. Sorry, that it nonsense. It's ONLY risky if you DONT KNOW WHAT YOURE DOING! No it don't, it only takes nerves if you don't know what you're doing.

That's what I teach my students. A person can get started for as little as a dollar. What has the crisis got to do with it? Who ever tells you that a crisis is hard to trade in, like when happened, or when Oil went up, or what ever, just don't know what they are doing.

Dude, you do not need a lot of money No you're not, data entry jobs from home ipswich not really competing graphics trading binary options profitably anyone but yourself.

It's about keeping your composure, keeping your cool, trading when you should trade and leave it alone when you shouldn't trade. Originally Posted by warfore. I agree with you Loz. It's obvious that this person is not a trader and has no clue on how to approach the markets. If you invest the time and effort to learn how to do it properly you can manage the risk and make money.

LMC 7 years ago. I'm going to throw my two cents in Fx leverage risk lot already has been said but to confirm Loz on most of his points. I trade with GFTforex as well as Foex. That is a bull comment made by most newbies in the marketplace cause they don't know what they are doing. I find it safer since I can't trade what I don't have in margin.

Yea, sure each trade cofnas forex be risky, but what you trade is what you can lose. It's also called Risk Management. You place your limits, your stops, you say what you want to how to make a money plant bushy, what you want to profit.

With every trade I know my exact risk, nothing more, nothing less.

How much can you make trading Forex?

You need a lot of money. Learn about trend lines, learn about the indicators, learn the fundamentals behind the markets and read the news. A simple trading method You don't have to trade everyday, I have had movements of PIPS in nepalese currency rate in qatar day, but I knew it was going to make that movement and so I was able to profit large on it with a large leverage.

Watch the support and resistance levels. Anyways, my maybe three cents. Theres' really to much leverage which can work for you. I am surprised the F. Yet here you are You beleive all the hype. Go on jump in and learn the hard way. OMG, are you serious? Are you serious, watch your words I'm pretty sure, that shows my lot sizes above I know all about Micro accounts Using massive leverage and going bust.

I see it all the time. People rush in believing what the liars are telling them. Two, I misunderstood your post, thought you were calling me a liar. Three, I appreciate the comments on my detective work. Five, It's called income streams. Alexa I believe you do not trade fx any longer? What was the reason for giving up? It's not the life I want. OK LMC no problem Look it doesn't sound like you really want to trade forex. It sounds like you want to make some money.

Trading hours today coles you haven't even started trading forex Unless your burning ambition is to trade?

But i want to buy a penny stock doewn't sound like it. Still, many on here seem happy to promote them as they pay out a decent commission. Alan Petersen 7 years ago. Read up on the CFTC warning: Foreign Currency "Forex" Fraud The CFTC 1 warning for consumers: No matter what you're told, Forex trading is risky. Signature The Asset - My CIA Thriller Fiction Book For Your Kindle Fictive Universe - Internet Marketing for Fiction Writers.

Nichecowboay so what kind of leverage are you using on your trades? Can't be high with these stops in place? Yeah I too like end of day. It's the only way I would do it now. I think 8 hours watchng prices go up and down is a waste of a life. Are you concerend about overnight gaps, news events etc?

It's the leverage you employ that is risky. If I trade on no leverage it's really quite dull. If I take the same trade with All these robots you see gamble.

They show when it comes off. Ignoring all the losing ones that will wipe you out. SurviveUnemployment 7 years ago. Can't speak for anyone else, obviously, but my little forex experiment was the quickest 5 large I ever lost. A friend of mine -- a smart guy with an advanced degree in international economics -- kind of got addicted and lost 50 large, plus his house and his family.

If you're going to do it, start small and quit if you lose all your money. Signature The best link-building strategy you never heard of Originally Posted by SurviveUnemployment. Dear Loz, you told everyone on this forum and i'll dig it up if I havbe to you make SEVEN FIGURES a month PROFIT trading forex Would you like to ammend your past statements a little then?

Or shall I digg thast post up? What the heck you talking about mate? Did I say I didn't? Dude, spwr stock price today learn to read! I told forex institute that I was using it for other people to help them make money.

And I already said that it has made me 8 figures over the past few years. I never amended any past statements, if you learn to read properly you'd understand what I said Forex is inta bank trading nothing to do with futures. One of the biggest dangers in this bizz is your broker.

They can basically do anything So it does need some kind of regulation. The banks do not trade through retail FX brokers I have actually heard from many in the industry that the NFA will be over-seeing forex along with the futures how much money do neurosurgeons make in canada. Well I don't see PPC as a risk at all.

I see it as purely mathematical. And a house to me is an investment. I would never put myself in a situation to where buying a house was a risk.

There are bold traders. There are old traders But there are no old bold traders. I don't have first hand experience with Forex Trading currency, I saw a lot of guys always recommending other niches to involve in than it and personally I agree to think with other niches that are easier and more promising with more certain outcome results than risking my time in such thing.

I don't discourage anyone from Forex Trading and it is totally up to you though and those opinions don't reflect the possible real outcome opportunities out of it! Signature Free Reverse Cell Phone Number Lookup ECN Forex Trading Broker Account ECN Forex Free Reverse Phone Lookup Best ECN Forex Trading Broker Account.

A sense of jealously I hear there. Just because you're not successful at trading the forex, does that mean everyone else has to be at at the same level experienced as you? Stop being so naive mate. Hello, I am series 3, series barclays stockbrokers price improver® and series 24 certified.

I have traded spot forex for 15 years. We call Forex an exotic investment vehicle. It is VERY volatile and very possible that and many people have lost big when the market swings the other direction, hedge strategies and stop loss exit strategies help but it is a market that you won't tame easily. How to become a forex prop.

trader spot forex is worth it but the risks and possibilities of rapid money lost exist also. Just a quick note. I am a member of Loz's forum and would like to add a comment. I appreciate and respect the opinions of the people who have posted here. I am totally new to forex and as such, I am not qualified to buy stocks for coca cola nor disagree with your conclusions.

I could not have done this without the help of Loz and the other good people on the forum. Based on what he is teaching, the group are able via Skype to analyze binary options demo without deposit discuss with each other whatever currency pair we think is worth a look.

We talk about which strategy to use and make a decision whether it is worth a trade or not. We are all helping each other. As well, Loz holds webinar meetings every few days and goes into great detail about money management, stop losses, profit levels, news events, fibs ets etc.

Now, if this reads like I am blowing smoke up his backside you couldnt be more wrong. I am just someone who has joined his group and have found a wealth of information and help. And I am glad I did. Finally, yeah, I am using a demo account and will continue to do forex saleem khan until I feel that I am ready to go 'live'.

I am a member of Forex signal mentor. I am consistantly profitable and thanks to Loz's focus on hots home online trading system management and only trading when a solid trade sets, when I do lose I don't lose big. Everyone will have losers but learning how to lose and staying with proper money management are what makes this a very sustainable business.

I started trading live almost right away against Loz's advice and I traded during Dec. I should have listened to Loz.

My results in Jan. This is being done with very little time spent on the computer and trading maybe 3 days a week. I own a business so I usually take 10 minutes at night before bed and locate possible trades. I find the strongest one as I have learned from Loz, set it, put in my stop loss and take profit levels and go to bed.

I only enter very high probability trades and only 1 at a time. Many times I do futures trades turbotax. I have to laugh at all the negative comments about Forex because I know it is not that hard to do very well at trading, if you learn from someone that does know what he is doing.

I build ponds for a living. If you tried to go down to Home Depot and buy some parts to build your own pond it will suck.

If I took you to a job site with me and showed you the right way to do it and where to buy quality materials you would be able to build a decent pond. It is the same with Forex. There is so much crap info out binary search tree interview questions in c that it is hard to even know where to start.

I have spent a lot of time with internet marketing and done all right with it but I would recomend learning Forex over it to anyone.

You will make more money faster and with less headaches. I was new to that when I started also and the learning curve was much steeper than learning Forex with a live person that knows what to do.

I have no problem recomending Loz because no one that I have ever done business with online or off has over delivered like he has. AwesomePossum 7 years ago.

Forex is what got me into trading and I KNOW I'M GOING TO GET CALLED OUT FOR THIS but it's a simple game really All you need to do is pick up one mentor and study him Make sure he has a live trading room and consistent profits This IS what seperates the best from the rest.

Not fancy systems and not experience Dropping 5k on a course will do no good if you're not prepared. It's silly to say that it would be risky It's the same as anything else IMing, Business, Cards, Trading, War Game Theory Oh, earn easy money malaysia I demo traded for 3 months in plans to go live but my job fell through and I was left with no money THEY AREN'T EVEN IN THE SAME LEAGUE Ya, that's why I spent 2 months studying mindset The transition is nothing if you do it correctly.

Signature ONLY COPIES LEFT!! Sparhawke 7 years ago. Way too risky for me, I barely have a clue what is going on in the demos lol. Realwombat 7 years ago. I gave up reading this thread half way through, but in regards to the ORIGINAL question, I thought I'd drop in my 2c worth Please note that all of the below is my personal opinionborne out of quite a few years of trying to make money from trading. Trading is NOT difficult, but it is HARD. You will learn the basics and even a lot of the more advanced stuff pretty quickly.

The lingo makes it sound complicated and difficult to grasp, but it really is not. Why is it hard then? Forex is no different technically speaking from any other trading in that regard.

The really hard part is sticking to the plan. I failed well, I didn't fail, I just didn't get anywhere because I did not have the correct mindset for trading. I have even trained traders, who have been doing fine with the methods I gave them, but I'll be damned if I have ever made a living using the same tactics. The reason is that I simply DO NOT HAVE the trader's mentality. I chicken out too fast, and enter too late It takes practice, and I'm pretty convinced that it takes a certain type of personality.

As far as money goes, you can start off with very, very little. Throw in a few hundred and play around with it. If you are successful with little money, you stand a chance of being successful with a lot of money. While Forex is highly leveraged, it is still possible to "practice" with small stakes. Unlike in futures, all you can lose is what you invest. If you are looking at ultra-short term trading, check out training here It's cheap and its honest despite the lousy sales page Trading Guide shows beginning traders how to trade Forex!

Well it looks very suspicous Look I am not saying he doesn't have a good is forex really worth it but two facts I do not see him defending here: I'd like to see him come back and answer these queries.

If I was inclined to do it I could even dig up the posts where he told this forum he making millions a month trading forex. I ruger mini 14 tapco it was about 15 months ago But I'll leave it and see if he would like to comment on this. Gee S 7 years ago. I have to pop in and talk about some shots taken at Loz. He is making BIG money in forex, and I am part of the FX Price Action beta testing group.

That bot was working as Loz had mentioned. Now people are getting a little confused about some of the statements he's made. He trades on many accounts, some accounts are used in conjunction with others to help them make money, it's almost like a pool of money a bunch have people have put together. Then he has his own accounts, and his own bot. Basically he hasn't told you everything he's making, I believe he mentioned only a couple of his projects. He's even given video proof of how well he's doing which you really didn't have to do Loz.

The bottom line is that I've actually not seen anyone help others to make money the way he does. Some of forex platformy transakcyjne skype sessions for FX Price Action would go on for hours and hours on end.

I can only imagine how his other skype sessions go on for. I actually remember you had a webinar that went on for 7 hours or something crazy like that! I hope that's helped people to realise Loz's credentials.

Btw I've been meaning to join FSM Loz, I've just not got the time for it atm. Definitely will do soon. Btw let's get rollin' with FX Price Action again! Originally Posted by Gee Sanghera.

My recommendation is "don't trade alone". I'm part of a mastermind group. We're on skype all day bouncing ideas off each other and basically double checking what we see. Most of our trading is technical.

The strange thing is the fundamentals seem to follow the technicals. That's why I got out of the stock market when the DOW was over 14, The learning curve is huge.

Even when you know Elliot Wave, breakouts, fibo's, etc, it is very challenging. But you can trade a demo acct. You'll probably trade a demo account for 6 months to a year. If you want to know about the mastermind group, send me a PM.

Get "The Google Traffic Pump System". Originally Posted by jtormey. When trading you need to think about the 3 most important aspects to your future success.

Secondly having money management rules in place doesn't mean you won't lose money just decreases the losses. Even though there is the opportunity to become involved in some specifically related forums, these people have no incentive to be committed to your future success.

All in all online trading can be very lucrative if you firstly have the time to invest into the training, and secondly have a decent amount of capital to invest upfront. The home business industry capitalizes on these 3 areas of concern listed above and therefore attract many people because of the benefits.

I'l let it be and others to decide. Thanks, for the question and thanks to the many like whoisbenjamin for the reply. This is a prime example of why this forum is so valuable. So those that have flown through this pass can inform others through their own experience the good and bad of certain income producing techniques.

Thanks to everyone who participated here. TelegramSam 7 years ago. Personally, I find people that play the money markets, forex people and the departments in banks that do the same, highly objectionable. What value do these give society? Making money whilst others go broke and vice versa etc. Usually the average guy suffers, or a country suffers, all due to someone causing a run on a currency somewhere or other. Round them all up, put them in a field and bomb the b'stards.

At least people who sell burgers or clean the streets do something useful. If this offends anyone here who does this, then tough. Do something at least a little worthwhile instead Complain if you want to, but this is true from my perspective. Do you play the lottery? Do you buy scratch cards? Have you been to the casino? Have you played Bingo? It's no different, there will always be a loser who pays the winner. That's what those type of industries are built on. Originally Posted by TelegramSam.

NEVER has losing trades? I never said it never made a loss. I did NOT say that FX PRICE ACTION the one that did not make a loss for several months, which you're mixing things up with and don't come out with a load of nonsense saying it wasn't the one I was referring to. I know what I was talking about, it's you that don't understand, as much as you understand the forex markets - which is not a lot, hence your confusion.

I've already explained to you twice and I'm not going to explain it to you again and waste my time Originally Posted by sloanjim. ShirleyS 7 years ago. Beware when someone told you forex market is predictable. It is only semi-predictable.

If forex market is predictable then there is no forex market. If they did, then yes, there would be no forex market. Those who trade stocks on wall street or other big companies are "trained" to predict the markets based on solid technical analysis Take the ichimoku kinko hyo indicator for instance. It's a VERY powerful tool that was put into testing for 20 years before it went to the public and its main use was to spy on the Japanese stocks. Originally Posted by ShirleyS.

Player 7 years ago. Make sure you have a solid trading plan with precise entry exist and management strategies. It is tough but if you put in the work you can succeed as a forex trader. Originally Posted by Player Hi Loz, this all makes very interesting reading, a very heated debated which always makes it even juicier to read.

I do have one question and please dont take the wrong way. However, if you do so well out of trading, why sell your products and strategies? If I were in your position I don't think I would have the energy or the need. Just signed up for your news letter. What can I say, I like helping people. Just cos I got money, don't mean I can sit here on my tod all day counting it.

I get a kick out of helping others out, been helping others in all sorts of areas; ppc, seo, forex, web design, graphic design software usageshyips how to make money in MLM, ponzi's, etcall sorts of stuff. Originally Posted by magnusmora. Carlos Diaz Banned 7 years ago. BigWealthTeam 7 years ago.

This is a great thread! I run a live forex trading room I'm not the trader, but admin and I go on these forums to find marketing opportunities. But anyhow, a few people hit the nail on the head! BE A PRO, WATCH A PRO, but don't think you can trade like a pro without some type of advantage!

Doolder 7 years ago. I've been trading FOREX for a couple years, mostly developing and using automated trading systems on MQLII for the platform Metatrader 4.

But that's a really risky business, you can make good money one day and lose your shirt the next day. To be successful on the long run there are 2 words you need to remember at all times: Greed is your main ennemy PATIENCE is the key element to successful trading, without it, you're doomed to fail One guy I was talking today, turned his 1k account into 3k in about a month; on a total of or so trades. Originally Posted by Doolder.

DoktorBraun 7 years ago. I've dabbled in forex, it will always be an active market. Raygun 7 years ago. I was very close to getting into that myself a couple year ago and then I realized how much money I could lose.

I am very glad I stayed back, IM takes care of my much better. The only time I ever hear anything good about Forex is from people promoting some forex product. Originally Posted by windtalker. JayYamada 7 years ago.

Seems like a lot of work to be done, I rather stick to making money online, at least there's automation in it. Anonymous Affiliate 7 years ago.

Brian Tayler 7 years ago. Is Forex trading really worth it? Is it something you just causally try and see if it's right for you? You don't just put in the years of education only to say "eh, not for me" however you also don't jump in with no education expecting to be the next guru millionaire. It's something that will require a lot of focus and investigation to make a proper educated decision.

It may be right for you, but not for others and vise-versa. From Start to Finish. Learn How to Make Money in 30 Days! Jioke06 7 years ago. Pls why wouldnt you purchase a clickbank product? Ian Jackson 7 years ago. The Forex market is dominated by around 20 huge international banks, who employ seasoned, experienced traders to trade on their behalf with millions of dollars to risk on each trade.

They can and do manipulate prices on various currency pairings at various times for their own benefit. It's a zero sum market, where if someone wins it's only because someone else has lost. The experienced traders working for the big banks make, on average, around 30 per cent profit a year.

This is a handsome return, translating into billions of dollars, but it's nowhere near the levels promised by sellers of Forex robots, software, courses, etc. And this profit is made from the thousands of newbies coming into the market all the time armed with their robots, systems, and so on. The only safe way to make any money in Forex is to sell the products to the people who want to buy them.

Signature Philip Gegan FREE Guide to Wordpress Security 50, Wordpress Sites Hacked Each Day! SmartFX 7 years ago. Yes, it's possible to be constantly profitable on Forex. None experienced trader will not sell his trading method that helps him to earn real money. Think about why it is necessary? Another thing is trading signals. You will not get system and algorithm, but you will get clear recommendations, this is not hard but may be a good additional income for trader.

But of course I'm talking about services with performance proof, statements or better 3-rd party verification as mt4stats. Signature Trade Forex Smart Not Hard. DouglasP 7 years ago. Madalin Tudose 20 hours ago in Internet Marketing.

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Select from over 50, deals exclusively available through the Warrior Forum, all in one place. Get weekly update from our community Stay up-to-date with the best Internet Marketing Content, Copywriting Growth Hacking, Digital Marketing Product and a lot more! Unregistered Sign up Log in. Originally Posted by searchnology I've been a trader for over 20 years and have traded everything from stocks, to futures, to currencies forex so I feel qualified to say Originally Posted by sloanjim what do you mean by worth it?

Originally Posted by JEL The days of forex being unregulated will be coming to a close in the near future. Originally Posted by JEL I would love to see how these scam artists are able to keep their sales the same when they are not allowed to guarantee anything, mention risk in the same capacity as the mention reward, and have to send in their promotional materials to the NFA to get approved. Originally Posted by DanPE Hopefully. Originally Posted by lowjo Yeah the learning curve is steep and yes it carries risk - just like PPC Originally Posted by jitterbug I've been really interested in getting into Forex Trading.

Originally Posted by ash Just had to throw in 2c The learning curve is extremely steep and requires an insane amount of hard work before you make "easy money", as another warrior pointed out. Originally Posted by ash Is it worth it?

Originally Posted by DanPE It always seems that they charge the most for the trades which are the most obvious. Originally Posted by askloz The reward to risk ratio is different ALL the time, based on leverage size and the amount of risk of your balance in percentage you use to trade with.

Originally Posted by Kul Currency markets, due to their very nature and dependence on day to day events, are extremely volatile and unpredictable. Originally Posted by askloz Unpredictable? Originally Posted by LetsGoViral It's extremely risky. Originally Posted by LetsGoViral It requires tough nerves.

Originally Posted by LetsGoViral lot of money. Originally Posted by LetsGoViral I've invested in Forex through a broker I know and fortunately didn't gain or lose anything. Originally Posted by LetsGoViral Be careful and aware. Originally Posted by LetsGoViral Furthermore, all the big banks are doing and sharks like George Soros as well.

Originally Posted by askloz Sorry, that it nonsense. Originally Posted by warfore I agree with you Loz.

Originally Posted by sloanjim so why not just tone the leverage down to 3: Originally Posted by sloanjim Loz. Originally Posted by sloanjim well I see there are a lot of newbies in fx here who no idea about risk management.

Originally Posted by sloanjim SERIOUSLY Originally Posted by SurviveUnemployment Can't speak for anyone else, obviously, but my little forex experiment was the quickest 5 large I ever lost. Originally Posted by sloanjim Dear Loz, you told everyone on this forum and i'll dig it up if I havbe to you make SEVEN FIGURES a month PROFIT trading forex Originally Posted by sloanjim i do not think this is possible. Originally Posted by sloanjim i am beginning to think this guy is a bit of dreamer Originally Posted by sloanjim 1 He told us last year he was maknig SEVEN FIGURES PROFIT A MONTH in FX Originally Posted by sloanjim 2 He also claimed a few months ago his new robot had NO LOSING TRADEs.

Originally Posted by sloanjim now anyone who has even considered trading knows this is impossible. Originally Posted by Gee Sanghera I have to pop in and talk about some shots taken at Loz. Originally Posted by Gee Sanghera The bottom line is that I've actually not seen anyone help others to make money the way he does. Originally Posted by Gee Sanghera Btw I've been meaning to join FSM Loz, I've just not got the time for it atm.

Originally Posted by Gee Sanghera Btw let's get rollin' with FX Price Action again! Originally Posted by jtormey My recommendation is "don't trade alone". Originally Posted by TelegramSam Personally, I find people that play the money markets, forex people and the departments in banks that do the same, highly objectionable. Originally Posted by askloz Do you play the lottery? Originally Posted by askloz Do you buy scratch cards?

Originally Posted by askloz Have you been to the casino? Originally Posted by askloz Have you played Bingo? Originally Posted by askloz It's no different, there will always be a loser who pays the winner. Originally Posted by sloanjim BULL. Originally Posted by ShirleyS Beware when someone told you forex market is predictable.

Originally Posted by magnusmora Hi Loz, this all makes very interesting reading, a very heated debated which always makes it even juicier to read. Originally Posted by Doolder I've been trading FOREX for a couple years, mostly developing and using automated trading systems on MQLII for the platform Metatrader 4.

Originally Posted by windtalker The only time I ever hear anything good about Forex is from people promoting some forex product.