Forex Trading

@jlamela (4898)
Philippines
June 24, 2012 10:36pm CST
Does any member here familiar with forex trading?Can you share something about this type of investment? I heard that this is a very good form of investing money, better than stock market trading, though very risky but the return is higher. I want to know more about this trading but no friends to ask if it is okay. Hope here in mylot there are members who are familiar with this type of investment. Thanks for sharing!
1 response
@niairen01 (1018)
• Philippines
25 Jun 12
I've been wanting to join forex too. But after all the research i've made, you cannot / must not join if you don't know any basics about how forex works. You need to study it because its not like any other investment sites where you invest and just watch it grow the next day. You need to study the know hows or else you'll always lose your money. Study economic statuses around the world and how it will affect (high/low) your investment. I think each forex sites has basic tutorials. You can check that out and see if it will work for you. Good luck!
1 person likes this
@jlamela (4898)
• Philippines
11 Jul 12
Thank for sharing! I am reading now the guide and information on forex trading provided by one blogger and quite impress with the tips given there, still I am hesitant and uncomfortable with forex trading because according to some sources you will lose some of your investment unlike in the mutual funds.