earning money from trading forex is not simple

Indonesia
January 12, 2007 7:36am CST
i have not been able to earn money trading forex but . it is not as simple as it seems to be. trading forex is not a guessing game. It requires a lot of time ,skill and and some understanding of tecnical analysis on the forex market through charting
3 responses
@fxfriski (209)
• Singapore
3 Mar 07
You need to learn technical analysis, fundamental analysis, money management, risk management and trading psychology. Some will tell you technical analysis rules it all, some will tell you fundamentals rules it all. I have yet to see a pure tech or a pure fund in this market. (Professionally) Of course there is the options of auto-trading... which I seriously have not seen a professional who uses auto-trading that is not developed by him/herself. That says much about the FOREX programs...
@shigoto (69)
• Indonesia
13 Jan 07
Man,if you entered the market based on your guessing,it is just the same as betting without knowing anything. You must learn before you can actually earn,and I think there are forex sites that give you the opportunity to open a virtual account for you to practice. Most people would recommend you to Marketiva as a training ground,and I do too.So why don't you try them? And remember,never think the market as your enemy.The enemy is within you all along,that is greed,and fear. Best of luck ;)
• Thailand
12 Jan 07
I was intersted in forex trading though i never had the chance to try it. I guess im afraid because i don't have anyidea on how it works, maybe someday i could try it. I Heard that its a lucrative endeavore.