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Posted by: bob shark on 2007-03-09, 14:35:43
Have you had experience trading Forex Before? Have you had experience in investing in stocks and bonds and consistantly made money doing it? Have you got a lot of money for investment? Do you have access to real time Foreign exchange quotes ?And do you have the time to constantly monitor these quotes to get and keep the feel of the market? If Not....STAY AWAY FROM FOREX !!!. It is an extremely risky, hi-leverage form of investment. Very Experienced traders only win about 50% of their trades. The fees associated with forex seem never ending. And if you are not a sophisticated investor, with lots of money to put into a trading account, a REPUTABLE broker, will not deal with you. You can get someone to take your money, but they won't be looking after your interest. Now, if you don't like what I said, Read the other answers given...But remember, YOU WERE WARNED ! |