Worldwide Stock markets and Real estates have given a loss of 50% - 70% in year 2008 and they will fall further.
Even Gold investment is not profitable because Global financial crisis has forced "worldwide central banks" to invest $4 trillion - $6 trillion into "sinking world economy" and "loss-making giant companies and banks".
Worldwide central banks are the biggest "gold investors" but now central banks are bankrupt themselves.
I think gold price will fall to $400 - $500 per ounce anytime now because "Central banks" will sell their "gold reserves" to earn cash/currency.
So in my opinion, FOREX is the "only profitable investment available" because FOREX means "trading in international currency" and it will stay as long as financial world in running
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Worldwide Stock markets and Real estates have given a loss of 50% - 70% in year 2008 and they will fall further.
Even Gold investment is not profitable because Global financial crisis has forced "worldwide central banks" to invest $4 trillion - $6 trillion into "sinking world economy" and "loss-making giant companies and banks".
Worldwide central banks are the biggest "gold investors" but now central banks are bankrupt themselves.
I think gold price will fall to $400 - $500 per ounce anytime now because "Central banks" will sell their "gold reserves" to earn cash/currency.
So in my opinion, FOREX is the "only profitable investment available" because FOREX means "trading in international currency" and it will stay as long as financial world in running
Yes I also strongly believe this, there is always an option to earn money on the forex.
No matter what the currencies do.
First off, Forex is NOT an Investment. It is a calculated risk... every trade you make.
Worse is if the trader starts to look for systems, that tells me that they opted out... they are more happy with someone else telling them what to do...
Worserererer... is the trader who starts to look at "Indicators" , "Systems" offered for sale that will allow him to trade without oversight.
First off, Forex is NOT an Investment. It is a calculated risk... every trade you make.
Worse is if the trader starts to look for systems, that tells me that they opted out... they are more happy with someone else telling them what to do...
Worserererer... is the trader who starts to look at "Indicators" , "Systems" offered for sale that will allow him to trade without oversight.
I have to disagree with that. Forex is definitely a type of investment. You are investing in the hope that a currency will either gain or lose value.
That sounds like investing to me. Don't see how it is any different from stock trading for example. You are trading items in both cases: currency for forex trading, and shares in stock trading.
I also don't see any problems with using good systems. You must have some sort of disciplined trading plan to succeed in forex trading. You cannot always just go on intuition, as that will lead you to make stupid, emotional based trades.
First off, Forex is NOT an Investment. It is a calculated risk... every trade you make.
True to an extent. Since Forex is most definitely in the high risk category, it should form a part of an overall portfolio. It shouldn't be your only investment like some people treat it.
True to an extent. Since Forex is most definitely in the high risk category, it should form a part of an overall portfolio. It shouldn't be your only investment like some people treat it.
That's not true, it depends on how you trade...
If you don't risk it all you have a verry low risk.
I don't disagree it's riskier then putting the money in a babnk, but it sure brings in allot more money home then a bank
That's not true, it depends on how you trade...
If you don't risk it all you have a verry low risk.
I don't disagree it's riskier then putting the money in a babnk, but it sure brings in allot more money home then a bank
Sorry but I must disagree. Any financial planner worth his nice suit and shiny shoes will tell you that Forex is in the high risk category.
I really don't see a problem with Forex being your only type of investment. It is just important that you diversify your trading.
Don't only trade one currency pair. Once you are good with one, branch out and try different ones. This way, if things start going wrong with one of the pairs, you have others to back you up which is good.