Does anybody know anything about Forex?

Romania
November 28, 2010 2:36pm CST
I constantly see ads about people making lots of money from different forex sites. Do you know how this sites work? Do you know which are legit forex sites? Has anybody made money from a forex site? What risks are when using a forex site? Can you help me?
1 response
• Indonesia
29 Nov 10
I've been for 5 years in Forex online business. and yes, you could make a BIG money of it but you could loss money too. it depends on how good you are in do trading. there's a two analysis in Forex trading. thechnical analysis and fundamenthal anaylisis. Thechnical means all about chart, you have to be the master of your own chart to trade and knowing the indicators when the right time to take action (buy or sell). meanwhile fundamendal analysis is prefer for the news as an indcator to take action. such as: unemployment rate, non-farm payrol, etc. when you combine them both as a good thechnic you are about master it and money come to your way. but don't greedy, keep calm, hope you succeed. after been for 5 years in forex business, I never heard there's a scam company for forex, I could guarantee you it's almost 99% forex online business are legit. for example: insta-forex company, this one is legit and you could even start to trade from $1 Good luck!!!
• Romania
29 Nov 10
Thanks man! Could you tell me how much money have you done with Forex? And what about those tools which tell you when to do what? Are they trustworthy? Because I would love to make some BIG cash online and I don't know if Forex is for me or not.