Forex Trading

India
May 9, 2008 8:14am CST
I could find a legimate way of making money on internet. Its Trading.....Forex Trading. I trade XAG/USD i.e. I buy and sell silver in exchange of US Dollar. I could do so I had a previous experience of trading equities. I think one can plan to earn his bread by this. If you really want to make money to earn your bread, you cannot rely on free options, they are good for side income only and ofcourse mylot is one of them. But I love trading. If you treat it as a business and study it good, do your home work, put a right amount of money, make your own stat instead of depending on other, you can really make a good amount of money. Remember this is the only business where you dont need a office, employees, overheads like telephone, electricity, water, no marketing is required, u will always get a deal of market price, no negotiations, no marketing, flexy hours, boss of your own. You can increase your turnover by putting money and get more profits. You can always increase your product range by start trading new components like gold, copper, euros etc. Only this is you have to come out of mentally that trading has risks involved with it. Remember risk is involved with every business and every job. Just treat trading like business and feel pride in having your own business.
1 response
@killer_s (121)
• Indonesia
11 May 08
i agree with you. i also interesting to forex trading. i still learn about forex and prepare myself to face the risk. i hope you can share your experience and several tips for me :D
• India
12 May 08
I suggest you to read babypips.com to sharpen your forex skill. Keep an eye on events on big events in fxstreet.com and better trade metals then forex. If you keep a margin for a downfall of 50% of the metal value I thinks you will never receive a margin call and will gain a smooth income monthly.
• India
12 May 08
Sorry I missed a couple of points. Dont evern go with mini accounts. Choose a broker like oanda.com. You will succeed. Bye