@Sn4k33 (17)
June 27, 2009 7:48am CST
There are plenty of discussions here about PTC, etc but it seems that not much of you know something about forex. So this is just a quick intro to it (it aint a real discussion but hell I just want to help people out here on their journey to earn some money) So what is forex ? Basicly forex is the exchange of one currency against the other, for example the EUR against the USD. You can either buy USD if you think it will raise in value against the EUR or sell it if you think it will fall. Why would you choose for forex as a money making oppertunity ? Well because you can earn a lot more then all PTC's combined. Each day in the forex markt their are trades being executed worth more then 1.000.000 $ (even way more I think). So why wouldn't you want a piece of that ! This is too good to be true ! It isn't possible for me to make that much money ! No you wont, because it depends on your investment and I dont think most of us have that large amount of money to invest. So we have to be real here. Depending on the amount of money you are willing to invest I would say you could make 100$ - 1000$ each month. This is a really really quick topic about forex, there is a lot more to say about it, but I would like to know if your intrested. So lett me know how you feel about forex trading and do you have any experience ?
2 responses
@jemifer (124)
• Philippines
27 Jun 09
I'm also interested in forex. I've downloaded some forex webtrader softwares like e-toro. But not that sure if I should try it with live trading because I'm not that knowledgeable in forex trading and currency pairs. Need to know more about it first. Have you tried a site that really worked and what is the mode of payment?
@Sn4k33 (17)
• Belgium
28 Jun 09
You also get an demo account with etoro, so practise with it until your statisfied with the results your getting. I know etoro is paying and so are many others, openfx, fxcm. They all have paypal, wire-transfer, egold, etc as payment options :)
@artibg (292)
• Bulgaria
2 Jul 09
Seems a way too risky for me. I know you can earn a lot of money if you know what you're doing, but i don't have the slightest idea of how to manage currencies or to predict what will happen in the future. If you have some knowledge in finances, this could be a good extra income. It's just not for me.