FoReX Trading

12 years ago

Originally Posted by chetanhulamani

Hi to all ! I am thinking to make money by shortcut .I thought about forex trading .i know its very risky . .Pls suggest me some good e books of forex to newbie i can search in google but i know that i will get something special here . Please give the answer .
And
Its that possible to make money with forex for newbie

If the answer is no i will think of leaving this idea

No, not possible for you.

http://www.warriorforum.com/main-int...ml#post7191811

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chetanhulamani

12 years ago

Y jill . .can u explaine why. .pls

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sbucciarel

Banned 12 years ago

Originally Posted by chetanhulamani

I want sme ways bro . . I floped in forex and my own website

from your previous thread

http://www.warriorforum.com/main-int...-guys-plz.html

Look, don't waste your time creating one thread after another asking people for step by step instructions on how to make money online.

It's a business. It's not for everyone. It's particularly not for those who can't read all the information here, put a plan together and implement it.

There are no blueprints. There are no magic buttons. Read the information, decide what kind of business you want to launch, learn all you need to know about it and get on it. No one is going to give you any secrets because the real secret is ...it takes time and work and the ability to make your own blueprint.

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salegurus

12 years ago

Originally Posted by sbucciarel

Look, don't waste your time creating one thread after another asking people for step by step instructions on how to make money online.

It's a business. It's not for everyone. It's particularly not for those who can't read all the information here, put a plan together and implement it.

There are no blueprints. There are no magic buttons. Read the information, decide what kind of business you want to launch, learn all you need to know about it and get on it. No one is going to give you any secrets because the real secret is ...it takes time and work and the ability to make your own blueprint.

Could not have said it better myself, i wish more people would be this blunt when answering these type of questions...

@OP Would you rather hear the painful truth or be reassured by the BS brigade that it's all sunshine and roses?

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chetanhulamani

12 years ago

Dnt be rude . Just asked .my weakness is i wil nt stay in one business or anything for long time

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sbucciarel Banned 12 years ago

Originally Posted by chetanhulamani

Dnt be rude . Just asked .my weakness is i wil nt stay in one business or anything for long time

That's not rude. It's the truth. Would you rather I pm you and tell you I have the perfect system to make $10K in one week guaranteed and it'll only cost you $197 to learn the big secret?
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BDE4Live

12 years ago

She is not rude, she actually give you very good advice, the fact that you don't get it show that your not ready. Forex, don't even try you will blow up your account in weeks.
You need to follow news world wide, understand different charts, resistance levels, how to put your stop limits and your bids.also your cross rates and the impact news such as interest rates, housing, unemployment etc .....

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Mr Bill

12 years ago

Maybe you could try this? --> Your own advice.

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Alexa Smith

Banned 12 years ago

Originally Posted by chetanhulamani

I am thinking to make money by shortcut

In forex, people with a "shortcut mentality" are invariably the ones who subsidise the few successful professionals, and there are reliable reasons for that.

http://www.warriorforum.com/off-topi...ml#post6565670

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Anonymous Affiliate

12 years ago

And some folks still wonder why 95% of the people fail to make money online...

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ahlexis 12 years ago

Originally Posted by Anonymous Affiliate

And some folks still wonder why 95% of the people fail to make money online...

It's not just online. 95% of all businesses fail within the first 2 years. Of those that remain, very few make it to a profitable year number 5.

There is something most people do not realize about Forex. And that is, if you do not risk you do not gain reward. That sounds logical and you would think that most people would realize it. But most people that want a shortcut want that shortcut because they are not emotionally capable of handling risk, and so they are really searching for a sure thing. Many of those same people do not want to admit that to themselves. And the most successful traders--Forex and elsewhere in the investment world--actually ENJOY the risk, even when it keeps them awake at night, and yes, even when they lose and lose big. It adds excitement to their lives, and gives their lives something that a sure thing would destroy . . . a very exciting journey. If that's not true when you make investments in the market then maybe investing in the market is not for you.

The shortcut to financial success is right here in front of you; it's called Warrior Forum. You have to use the search function either on Warrior Forum, or by typing "site:warriorforum.com ______________" into Google. (Insert search term into blank.) Google is a better search engine than the search on this board, but either one will benefit you greatly.

And the truth is, it's a lot easier to find answers now that the forum is segmented by topics such as Offline and Mobile, because it used to be all one great big forum and you had to wade through everything just to find all the offline posts or all the mobile posts.

And I could even tell you how to double your money overnight in the commodity markets, I've done it. But it won't likely work for you because you sound extremely impatient, and this event that happens that causes the profits to occur does not happen every day or even every week. You have to wait until the timing is right. The first time it happened to me it was something I stumbled onto completely by accident. The following year I was ready for it (yes, when I first discovered it I only knew it to occur once a year). And yes, the once-a-year event has already passed for the 2012 season. But the thing about commodity profits is, you do not get a lot of them until you understand the reason WHY you were successful. And this is where a lot of people fail, because they do not analyze their successes, only their failures.

The truth is, making money using the info here on Warrior Forum is a LOT easier than making money in the Forex and other financial markets.
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Berg Canon 12 years ago

Originally Posted by Anonymous Affiliate

And some folks still wonder why 95% of the people fail to make money online...

95% is the exact same ratio of the number of people who fail at Day Trading
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OnlineAddict

12 years ago

You would lose 100% of your money within 3 days. First, you need years worth of trading experience to make living off forex. Second, you need patience, which you don't seem to have at all. So sorry, there is not even a 0.01% chance you can be profitable in forex.

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Tweetter Follow

12 years ago

To be perfectly honest with you, you seem TOO desperate to make money (and I don't mean that in a disrespectful way). Desperate people tend to make mistakes.

Forex is definitely not for you. As other people have pointed out, forex takes time. You have to have a lot of discipline to trade forex, know the charts, follow trends, know when to enter a trade and when to close it etc. Forex is not something you start doing because you need money fast. It takes years and years to build successful strategies and its very unrealistic to expect any real results the first few months when trading forex.

If you still want to learn though, The basic things you need to know... | about the forex market. has some great articles and tips for people who are just starting in forex market.

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Rose Anderson

12 years ago

I will tell you the same thing I'd tell my own 23 year old son. Do NOT try to make money with Forex. It requires a vast amount of intricate knowledge and a large amount of money to invest. If you had the 2nd, you'd lose it without the 1st.

Stop looking for shortcuts. If you want to make money online then learn a skill. Whether it's building websites or whatever. You need to offer something of value.

You won't have any success jumping from one thing to another.

Rose

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sniperdomi

12 years ago

Forex can be good if you have an email list in the Forex niche I believe, because apparently people still buying that stuff.
You want money? Work for it!

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johnben1444

12 years ago

Originally Posted by chetanhulamani

Hi to all ! I am thinking to make money by shortcut .I thought about forex trading .i know its very risky . .Pls suggest me some good e books of forex to newbie i can search in google but i know that i will get something special here . Please give the answer .
And
Its that possible to make money with forex for newbie

If the answer is no i will think of leaving this idea

Hey buddy, it's your shot..

If anyone tell you that you will make money from Forex or any business venture then it's the biggest lie of the century.

I have been opportuned to do a lot of businesses and have come to realize that a lot depends on the driver than the system itself.

If you are ready to take the risk which is a necessity in life then good luck..

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tommmi

12 years ago

I have been trading binary option,it not as easy as it seem it take experience time money management
you can my comment on my binary code in this forum. good luck skype tommmi88

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Lena Williams

12 years ago

This guy have got contradictory statements. I do not think he is really interested in making online money. He is just trying to increase the number of posts in this forum.

Don't you see the next bill gates?

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Robert Montgomery

12 years ago

You could try a Forex EA, of course its also very risky but make sure you test it out on a demo account for a couple of months to get the best settings then decide if you want to test it for real. I also use an EA and make money with it not huge amounts but enough for a passive income and to say I have pretty much 0 Forex experience I cant complain.

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Berg Canon

12 years ago

I was originally going to post something negative about how their is no shortcuts and you will get killed in the Forex market, but then when I re=read his post about his problem being not able to stick with any biz long enough I thought then why shouldn't he try something else that might hold his attention longer of long enough to become good at.

I will add this piece of advice: Stay away from currency pairs (Forex) for now. You can trade currencies through the Futures Markets (CME). The benefit is that they have a Micro vs of the major currencies so you can try your hand and go through the learning curve without risking a lot of money. The micros are 1/10 the size of the normal contract so instead of a losing trade costing you 125.00 you would only lose 12.50.

Also, the average amount of time spent learning to become consistently profitable...4 years. This is just an average. For a rare few the length of time is considerably shorter, for others, they never achieve it.

You can sign up for a free practice account from any Futures Broker, but before you can trade with real money you will need to open an account. I think you can open an account with just 500.00 if you are only trading the Micros.

One last piece of advice. Don't be fooled into believing that just because you are making money with a practice account that you will repeat those results when trading with real money. Everyone does well when trading a practice account and EVERYONE will lose money when real money is on the line, you will be no exception. Being able to overcome your emotions takes time and this is why it takes years to become good at trading.

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newbieleoling

10 years ago

Hey buddy

There are no short cut in everything you do.

Forex trading is a lot more than you think.

You not only need to know the signal, pattern, analysing and etc

You also need to train your emotion. As a new trader this is very hard to overcome. Some may need to spend a lot of money to take control of their emotion. Because I been through that. So what I recommend is go to babypips and learn everything from basic. Start small investment account with amount that you can lose and not affect your daily life.

I earned ROI of around 30%+ within one day when I just started. And I pump in more money into the account and change my leverage. In another day I lose half of my account money. But luckily that time was just few hundred dollar.

But these lost taught me many important lesson and helping me in my trading too.

So what I want to tell you is that you definitely need to spend some money to learn some lesson. So always be prepare to lose and learn from mistake and try your best never make it twice.

Once you been through that you can develop your own trading system and earn from Forex. But is whether you can stay through the process until you success.

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Graham Maddison

10 years ago

you do realise this thread is almost 2 years old!

Just wondered why you felt the need to resurrect it as apposed to starting a new thread..although I can see some value in the posts from the old thread.

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Jtraits

10 years ago

don't be thrown in forex .. that needs a lot of investment , experience and so on. start with something simple. we cannot tell you from where to start exactly but like it was mentioned above , start to read and you will understand what you want to do.

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newbieleoling

10 years ago

I didn't realise that. Lol.

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Cokatoo56

10 years ago

I personally would not advise anyone to go into forex trading. that is a very risky game, and a rigged game IMO.
it's well known that a lot of the money that circulates nowadays takes unofficial routes, off the stock exchange routes. they call it dark pool liquidity, and it represents a huge amount of $. what's happening in the dark pool is not accessible to the public. so I think that no matter how well you are informed about what makes the markets fluctuate, this dark pool liquidity can cause the market to vary in a direction you couldn't anticipate.
Yes, you can still win a few times, but do you win only due to your good trading skills ?
You win $50K at one poker tournament once doesn't mean you are a poker superstar.
On top of that, a consequent amount of trades is done via high frequency trading, which you can't beat with your desktop at home.
I think forex, and to a certain extent other forms of trading, is a rigged game, where you win if you are the bank or if you have insider information. well, the brokers win too with what they charge you.
you probably can still make a few bucks, but i don't think you can win big.

better invest your time and money in building a "real" business, such as e-shop or something, and learning "real" skills which you can trade for money in the real world outside.

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agmccall 10 years ago

I would probably start out at a "Forex" Forum. In case you did not know, this is not a Forex Forum, this is a Internet Marketing forum

al
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FoReX Trading

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