 Whats the best online stock broker for me? |
| Im new to stocks i haven't ever traded online. However i have used many virtual trading programs and i have a good concept on how trading works. I believe i am ready to start the real thing. Im ... |
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 The bailout bill was approved, so why are stocks still dropping? |
Additional Details
That's not an answer. Seriously. The money from the bailout bill was supposed to come from the federal reserves and then paid back by the tax payers.
I... |
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 How do I learn stocks and bonds? |
| Is that what the DOW and NASDAQ is I always wondered. How do I get learn the business and get rich.... |
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 How do i start investing? |
| want to start in stock market or other money markets can anyone give me some ... |
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 Do you think the stock market value will continue to drop? |
| You can just state your opinion but if you have articles or some sort of professional information to back your statement feel free to post the link.... |
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 What should i go 4? |
| maintance technologys and managment..orrr computer ... |
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 I have $2000 per month available which I wan to invest somewhere....? |
| as to where I can invest it in order to make the most of it. I cannot afford to do anything too risky where I can lose my money. Any suggestions ?... |
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 What would you do if you needed $2000 in 48 hours? |
My partner and I have a business concept so big that clients are already lining up at our door. We have done our research, we've done our test-marketing.
We have iron-clad case ... |
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 What can I invest in with 100 dollars? |
| Stocks? If so, where can I learn how to choose good ones?... |
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Eric F | Day Trading Forex possible to make a living? |
Hey,
Are there people in the world who day trade forex for a living? I've read so many articles bashing day trading as gambling and impossible to make money, but I also read some forex trader interview who just trade a few hours a day and make a good living. Is it true?
Anyone has experience? |
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Guy Incognito
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I trade FX as well as stocks and I used to be a professional trader.
Succesful trading really has to do with emotional control and dscipline because its based on odds. The odds are usually not higher than 55:45 in your favor so expect to lose fairly often. It is extremely nerve wracking and it takes lots of money you can AFFORD to lose to do succesfully as a professional. Most likely at least 25K. It also takes years to learn and often with huge losses. You make the big money in usually only 20% of the time, the rest try not to get torn up in the markets. Its a good job for adrenaline junkies but its not for everyone.
Yes people say 90% of people fail to make it, however so do 90% of doctors and lawyers. Its about how much you want it and how hard you wanna work at it. But it most definitely IS possible. |
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muncie birder
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More possible to go broke. |
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waldguy
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I've read fairly extensively on this. Most people who try forex trading lose money, in the range of 80-90%. The rest who make money consistently apply rigorous rules to their trading and have the discipline to manage their emotions. A few claim to make money using computerized models as well with varying success.
Is it possible? Sure. Is it probable? No. |
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little helper
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yes U can make a living trading forex! The Best System I used So Far is At Click on Source |
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Jane B
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You can also make money on a "breakout". That's a stock that's hitting a new trading high or low that day.
You can also make money by "scalping", or getting a thin piece of a rapidly-rising stock's upward momentum. Buy 1,000 shares of a $35 stock, hold it for 10 seconds, and sell it for $35 1/8.
Of course, that's if you're any good. Many people just don't get it.
Jane B |
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the d
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sure, you can make money AND...
you can also LOSE EVERYTHING in matter of minutes too.
Forex is SUPER high risk., It's like the morphine of pain killers to level of investing. |
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John C
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I've got to answer this one Forex is all my all time favorite financial instrument in which I achieved profits with.I've been trading for about 3 months now so I'm new myself but I asked myself the same question you asked.Yes I honestly believe one can day trade forex for a living the odds are better than with stocks if you ask me.Anyways I recommend you first get educated on what forex is how's its traded how to develop you're personal strategy technical indicators n etc.A good place to start is http://www.babypips.com excellent website that does just that.Explains the basics with simplicity n doesn't confuse one that is new to forex.I then would practice trade for a while a least a month or 2 to get the hang of things.This way you aren't risking your own money.As far as an actual forex ea or robot goes I would look at some reviews n such first.There are 2 or 3 out there that I like but I would say find one you like then try it out on your practice account for a couple of weeks first.Just remember significant risk is involved as in any other investment.Hope this helps you out n the best of luck to ya. |
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Suzane P
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Hi there,
Yes it is possible to make living from day trading but you just need to be consistent and well planned. Do not greed when you are making profit, also control your emotions is the hardest part in day trading,
Therefore i would recommend you to trading forex for fun initially and when you start understanding markets deeply go into smart trading and earn consistently.
Thats the way even i am trading with finexo.com and earning my living from it.
Regards |
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