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dannyson1
As the stock market becomes more volatile everyday & more & more HYIPs turn out to be scams, it's likely that more & more traders will turn to FOREX as their #1 source of profit. With the influx of these new traders, new brokers & trading system will probably hit the market as well.

enigma
QUOTE (dannyson1 @ Dec 28 2008, 04:36 AM) *
As the stock market becomes more volatile everyday & more & more HYIPs turn out to be scams, it's likely that more & more traders will turn to FOREX as their #1 source of profit. With the influx of these new traders, new brokers & trading system will probably hit the market as well.

couldnt agree more with you more, and as the stock market continues its rollercoaster ride.
dannyson1
Definitely, it's projected that the stock market may not begin to recover until the middle of 2010.
zee233
Would agree with your statement. You can only do so much with stocks. Buy buY bUY.

Forex on the other hand there is opportunity to buy and sell both ways. It is very volatile with some currency pairs and there is a lot of risk involved. So long as you understand risk, then there are no problems.

I prefer to let someone manage my investment rather than having to sit infront of pc all day. Its better to let professionals manage.
dannyson1
Managed accounts are a great way to earn profits with Forex. They can be a bit costly but if you have the capital and find a trustworthy opportunity, managed accounts can return enormous profits.

QUOTE (zee233 @ Jan 1 2009, 09:34 AM) *
Would agree with your statement. You can only do so much with stocks. Buy buY bUY.

Forex on the other hand there is opportunity to buy and sell both ways. It is very volatile with some currency pairs and there is a lot of risk involved. So long as you understand risk, then there are no problems.

I prefer to let someone manage my investment rather than having to sit infront of pc all day. Its better to let professionals manage.

forex686
Stock market can only earn money in bull market, in this bear market really difficult to earn money.

But in Forex, not matter bull or bear market, we still have opportunity to earn money.
dannyson1
Thats right, no matter what type of market it is there's a lot of money to be made with Forex.

QUOTE (forex686 @ Jan 3 2009, 09:17 PM) *
Stock market can only earn money in bull market, in this bear market really difficult to earn money.

But in Forex, not matter bull or bear market, we still have opportunity to earn money.

stmorris
Yeah that is the great advantage, additionally with FX you can manage your own time, you are your own boss, it is just necessary to become an expert and then make the money you cant imagine get.
dannyson1
QUOTE (stmorris @ Jan 6 2009, 02:37 PM) *
Yeah that is the great advantage, additionally with FX you can manage your own time, you are your own boss, it is just necessary to become an expert and then make the money you cant imagine get.


I agree, spending time & gaining experience is the only way to become an expert in the Forex market. With stocks it's such a hit & miss game, with Forex you can master charts, trends & effective trading strategies in order to greatly improve your chances of success.
2legit
I do agree as it may be difficult to master the market, it is possible. A right frame of mind, with a good plan you can have success.





QUOTE (dannyson1 @ Feb 14 2009, 09:52 PM) *
I agree, spending time & gaining experience is the only way to become an expert in the Forex market. With stocks it's such a hit & miss game, with Forex you can master charts, trends & effective trading strategies in order to greatly improve your chances of success.

Dante'
I don't think you can be a "master" at the market since it is so unpredictable. I'm sure even the best forex traders in the world can tell you they have their own share of loss trades too but they key is to win more than to lose, not in quatity of trades but in profit. you can have 10 losses of $5 each and 1 win of $100. You learn with the experience. I say once you double your initial deposit, withdraw and trade with the house chips.
dannyson1
QUOTE (Dante' @ Mar 11 2009, 09:31 AM) *
I don't think you can be a "master" at the market since it is so unpredictable. I'm sure even the best forex traders in the world can tell you they have their own share of loss trades too but they key is to win more than to lose, not in quatity of trades but in profit. you can have 10 losses of $5 each and 1 win of $100. You learn with the experience. I say once you double your initial deposit, withdraw and trade with the house chips.


I partially agree with you, losing trades are a part of the game and EVERYONE loses trades from time to time. With experience & the right strategy you can win many more trades than you lose however smile.gif
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