Forex trading VS internet marketing

Your logic is downright scary.

If you think you can trade by simply learning a system/strategy and make money long term...you're in for a rude awakening.

I would take IM any day of the week over trying to be a successful trader.

it depends, if, and that is BIG IF

if you have an automated trading program that actually works
you can trade Forex on a split-second notice, i.e. you sell whenever
you are 10 cents in profit - and you buy whenever the price drops
10 cents - and that all around the clock - THEN its a no-brainer....

Trading will consume your life but learning how to automate an Internet Marketing business will give you freedom. Like anything in life you get what you put in. Whichever direction you go in make sure you have passion for it!

Ya I hear you. Like get this... I have a really really long long background in IM. Like I know a little about "everything". And I've had huge success in the past too. But the shire volume of hours put into it is nuts. It's no wonder I gained 50 lbs, sitting at my computer all the time. It's a death sentence is what it is. And I'm still not that much farther ahead because when I made big money I blew it just as fast. Like I figured out how to make it, but I didn't study "how to keep it". Damn! Big mistake. Okay I know better now, so I'm hoping the future will be different. But ya the hours you put in and figuring it all out is nuts.

Foxex though is not that good either though. because the markets are not what people think. Not at all. From what I've seen is that they use to be a place to trade. Not anymore. Now it's a trap. You put your money in and then you lose it. It's totally and completely rigged. I'm seriously here. What's happened is that geeks that work for big wall street firms designed algorythems and computer programs to steal all the money from the people trying to trade from home. Anyone at home basically loses there money. Way too risky. Like you want to lose your money fast just get into any kind of trading. One trading idea I heard about that might work, and again it's "iffy" is you buy penny stocks that are listed at "under 1 cent" per share. So that way if the company rebounds you might make a killing. Some people have done that and made millions but again it's a long shot.

But you got to try something right.

IM is more reliable, than forex. You can lose everything with forex, it's like а black hole, like a gambling.
With IM you can earn if you undarstand what you do. And I tell you a secret, marketing specialists earn money on people who are trying to make money on Forex

There is no automated software that i can use to automate everything such as traffic, sales etc...

this is what i want. An automated software that does everything on autopilot.

unfortunately i haven't found such thing yet.

I just want to have a software that enables me to get instant traffic and sales with just press of a button.

I think You is the one who knows yourself the best and much more better then others. That means that you should make decision. Internet Marketing and Forex trading are 2 completely different things. And you seems you like more Forex trading - so go for it!

I think you should compare Forex vs Stock. As these two kinda link with global economics etc.

For me I trade a bit on stocks.

Forex no doubt can make money within minutes BUT you can make you lose a lot if you not fast and swift.

For Stocks, is more relax. Usually investors don't just over look one day performance more on weeks or even months

and yes Stocks is slow to earn " but some so call guru in fact expert on these , they are good in short buy and sell , earn fast also good to find out which stocks can be short during the day and the next "

lastly stocks give you dividends. that is a slight bonus.

I've studied Internet Marketing for a number of years - affiliate marketing, CPA, Social Media, Local/Offline Businesses, web site design, etc, etc - and what I learned is that you have to find one that you feel comfortable with and concentrate on that to the exclusion of all the distractions constantly coming at you with Get Rich Quick offers.

I also spent several months, some years ago, studying Forex, operating a "demo account", and seeing if I could earn a living with it. From that experience I can tell you that the only people who make anything from Forex are those selling systems, methods, software, robots, etc, that they claim will let you make a fortune. Theoperator is right. The Forex market IS rigged. It's dominated by a few huge multinational banks employing hardened traders who have millions to trade with. They can afford to ride out the volatility of the market when it moves against them. Even they only average a 30 per cent profit per year. Okay, 30 per cent is good, but it's nothing like what you're promised when you buy the latest Forex course, software, etc.

If you go into Forex you'll lose all your money within 6 months at the most. So keep your money and stay with Internet Marketing, which isn't easy, but at least if you persist you have a good chance of success. And it won't rob you of all your money.

Philip Gegan

It's always hard for a new person trying to learn something new. Perhaps, should you identify your interest first?

Although Forex trading too me is risky, but I'll need to invest the time to study to reduce the risk. However, I do not have an interest towards forex trading...

Same goes with Internet Marketing, It's interesting to me, let keep it simple by investing in tools and build an audience.... later on you endorse the right products that could change people life.

There are also some problems to it when there are marketer will always endorse "How I Make $100 Per Day" system...

then the next day "How I Make $13,597 Per Day" with a complete new system...

That could be the risk when a person coming to learn about Internet Marketing

Therefore:

1. Do you love Forex Trading / Internet Market?
2. Should you dedicate your time towards what you love to do?
3. Are you doing too many things at once?

The fastest way to is to find somebody already done what you want to do...

- Louis.

I would go for internet marketing and not forex, you will be able to do much better there quicker and easier

Well, Internet Marketing is more sustainable than forex. Forex is just too emotion reliant (the biggest challenge of any human being to control it)

Only professionals can win from Forex consistently.

Take 1 hour daily to learn internet marketing you can't be wrong.

With internet marketing skills, you can use it for your own offline businesses too.

It's definitely better to invest your time in internet marketing.

I myself run a digital marketing agency after learn internet marketing skills back then.

I traded forex too. But realised it's much easier to earn money from internet marketing.


Hope it helps.

Yes, everybody has their like and dislike of something, including inclination of certain skills and feeling easy of doing certain thing over the others. Some people like Forex, while some feel that Forex is not their cup of tea. well, there's no right or wrong, really.

We know ourselves better and we should go with what we feel is the best for us to succeed. If in doubt, try and understand both and see which fits well for us.

One more thing before I call it a night (it is 2+AM my time haha), imagine this:

You supposedly give the "BEST" system to 50 traders and put them in the same room. In the end of the day, all of their trading results will be different. Why? Because their money management is different than one another.

Which leads me to talk about "MONEY MANAGEMENT" again. With a proper MM, you will be profitable even if the system only wins 45% of the time. You just need a good money management, that's what I m saying lol. I realize that I started to sound like a broken recording now haha...

Anyway, goodnight and have a good day :-)

Internet marketing is building your business. Forex trading is something like speculating/gambling. Both of them equally need a lot of learning and practice to be successful. If you are busy and don't have much spare time to learn about IM, I assume you don't have much time to learn about forex trading too. Well that sounds risky to me. You may lose big in it.

As someone that used to be a financial Analyst and now does Internet marketing full time,

First of all, I've never seen someone making money with Forex long term,

Also, if you think forex is easy, I have some bad news. Lots of people say they make X amount of money but they don't tell you how much they lost.

Your problem is not IM, it is that you are susceptible to being seduced by shiny objects, apparent easy money. For starters, Forex - any trading - is not about money, it is about psychology, which is the most important asset in trading.

Trading is 99% psychology, the psychology of managing your emotions, which includes being able handle big (and small) losses too. Your comment about having no patience to build a solid IM business suggests that I could almost guarantee that you would let emotion get the better of you WHEN, not if, you had those losses. Good traders trade to TRADE WELL, not to make money, HOWEVER, they know and understand that money is the by product of good trading psychology.

IM or Forex - either way will cost you a MASSIVE amount of time, but here's the thing... you can study how to build a long-lasting IM business without losing you shirt along the way.

Want to re-assess how you invest your time?

Just my 2c

hth

I lost $4,500 trying to get into trading....even with these "proven auto-pilot systems" and these "simple trading formulas" nothing is guaranteed. NOTHING. At least with IM, you can improve, and upgrade, and build, whereas trading is unpredictable and markets are always fluctuating....I don't like taking those odds.

really?

funny, i think it's the other way around..

after i read rich dad poor dad (early twenties), i was on the hunt for affordable assets to collect.. of course in this pursuit you come across all sorts of scam..

one of the legitimate and affordable ways is through Forex.. unfortunately a lot of it was just so difficult and out of my hands..

anyways, if you've had success with it, then congrats!

-Ike Paz

Hello there,

Forex sees you the beauty of making money fast (of course, if time permits you to see the beauty). IM lets you see the wonder of making money constantly (once you devote your time, effort, passion, patience, and everything necessary!)

So it's up to you what you are willing to take.

Good luck!

sees you the beauty of making money fast....

IM is a much larger domain. If you want to be successful in IM, you need to focus on a smaller part of this domain (eg: social media or SEO) and not try to take it is a whole. Forex, on the other hand, can be compared with a smaller part of IM, therefore, it would like it's easier to start with. But, I personally doubt that it can offer the same growth options that IM does.

The Forex is high risky Trading. on the other hand the IM is low risk business. In the Forex you may gain a good amount of money withing a short time, or, you may lost even your investment. So most of the people are using the IM business. Thanks a lot.

Forex trading is like gambling while internet marketing is long-term investing. Small internet marketers can build a legitimate business with little investment in money but big investment in time; while in forex trading small traders need to invest quite a sum money that has a big risk of being wiped out.

I agree with DIABLO,I'll take the internet marketing niche over Forex every day of the week.

Man, that's a really weird comparison. You have a different approach on things and I must agree that you will be right in whatever you chose because that works for you. But in the essence of comparison, internet marketing could take a lot of work but it pays off once you are arm with the write strategy. Forex marketing is a bit of a gamble, because of the risks involved.

comparing IM which is a broad concept vs Forex has no relation, both has risks, but IM could be more satisfying at the end of the day, due to its passive income (depending on the avenue you take on the IM road map).

Now if you are looking for a push button solution for any MMO system you choose, you are going for a broke-disappointment-whydidntworkmyassonthis wake up call.

Sorry, but to become proficient at Trading and Forex it probably takes as much time or even more than IM. Sure, you can learn a System relatively quick but it's executing that System into play Day after Day and Year after Year is what takes Time and Work


- Robert Andrew

I personally do both of them but I think it's really not comparable. Keep in mind that Forex is pretty stressful when it's against you and you have high leverage.

Don't blame op. You research the topic "of making money online" for hours, which turns into days, then weeks. After all that time investment you feel little more knowledgeable than you were the first day.

98% of what you read is people telling you how to make money... IF you subscribe to their list and/or buy their product for $17 which is a black hole that leaves you none the wiser. Most are making money off the endless stream of people looking to make money online.

to help you out op, at some point you have to stop reading and start taking action. making money online is like a real business. supply and demand. people have a problem you solve their problem for a cost. Start taking action.

get a domain
install a wordpress theme
start posting content that solves peoples problems
start promoting the site
build a email list from the beginning

newbies are guilty of buying a domain, getting a theme, but then they see that blank blog and then they just shut down. force yourself to keep posting. after your blog starts looking like a blog and less like a desolate wordpress framework that'll encourage you to get more engaged, and market more. gotta get over that first hurdle though.

For me, I will choose internet marketing any time. You are comparing it in such a way that it is not supposed to. IM is hard work while Forex is a gamble. Hard work will eventually pay off but gambling could take away everything you have worked for.

I can see the attraction of forex trading over internet marketing for people who don't like marketing and don't like selling! However, your reason that internet marketing is "too much time consuming and vague" means Forex trading may not also be for you. You also need discipline to learn to trade forex and see through bad mental habits or ways your brain can trick you (such as 'survivorship bias' that tricks you into thinking your system was good when it was just due to randomness. People also have the tendency to convince themselves to take a trade that isn't worth taking.

Ultimately, if that's how you see things then, that's exactly how things will work for you. Internet marketing will require a lot of work, but eventually will function on its own as you make it effective. Meanwhile, Forex trading could be a win or lose thing at the end of each trading session.

Deposit Bonus offer increase the amount to trade. This certainly grow the extra confident that helps in trading specially at the cretical time. Get A good deposit Forex bonus to trade.

Unless you are billionaire you will lose money on Forex Trading. Forex Trading is a ponzi scheme where filty rich people get more money from people that have some money to waste and poor people.

It is rigged system. For example bug banks can decide what to do with Dollar. They send alert and news that dollar will grow and then everyone goes out and act but in same time they are release they money and keeping the dollar actually drop, after it dives so deep that this poor and not so rich peple need to get out and cut their loses then they stop and dollars goes back up.

Please dont be naive, Forex Trading is like Gambling. But when you you gamble you have odds against you, here you have a whole rigged system against you.

Whichever of this one will give you the Pros and Cons, and it will always depend on you on how will you manage each one of them. But if you'll ask which of these, I am more into Forex trading. Yes, this is risky but then once you've learned the secret of it, this won't be hard fo you especially if you are really serious in doing it.

Forex trading like gamble but not internet marketing

internet marketing we must focus right starategy for
getting leads and then boost much sales

IM has many branches which is really good for earnings.
Forex is a risky way but its for long term

I work as a internet-marketing specialist remotely, but still 9-5 or even more hours each day and I love it. But I agree it is really time-consuming. On the other hand, trading is faster to get start, but it much more complicated to learn how not to lose all you've deposited...
So, in terms of some more extra money - I'de advise to invest in PAMM, Indices etc rather than trade.
Or change your job

You're going to blow your account in trading over and over and over again

Forex trading and internet marketing are two different skills and two different vehicles to ride.

I am surprised you brought up forex trading in a marketing/entrepreneur forum. Maybe internet marketing just isn't your cup of tea? as with others forex trading isn't their cup of tea

A solid "hear hear" for this one.

There's a fair bit of misinformation on both topics, especially in the dominant forums for each. The fact is though, a small percentage of players make money in both, and in a very high percentage of cases the players worked like crazy, and learned like crazy, and never gave up.

This is not a guess.. I have met and worked with people who have been successful in marketing their business online, and also who have made money in FOREX. A couple have done both!

Obviously a few people get lucky, but they're outliers and I'm discounting them for the purposes of this conversation.

To get back to the original question "Forex vs IM":

IMO I believe the OP has been misinformed. IM is not a business per se, but a channel via which you can advertise a business. You could choose to advertise your business in magazines, or on tv.. or on the internet, which is what Internet Marketing really is.

Unfortunately, over the years, Internet Marketing has been turned into some sort of get rich quick scheme based on fads, tricks, and short term exploitation of loopholes. Certainly this is how it's sold to those who are new to the field.

Advertising is advertising is advertising.. its job is to provide exposure to a product or service, and therefore I don't see it as being a business of its own.

So FMM if you don't have a business, or don't plan to build a long term business that you can use IM to promote, then you're better off with FOREX.

Of course you lose all the benefits that come with building a successful business such as lots of cashflow, and the building up of a real asset you can sell or borrow against. And worst of all, unless you become awesome at FOREX you'll also be giving up the chance of never having another boss again!

why is this thread even on here? this is a marketing forum...!

I know somebody who has been "trying" to learn forex for years.

And he , to my knowledge, has not been able to quit his day job with his earnings.

Hope this Helps

Nice comments...I had the same dilemma. I have chosen fx and worked hard for 3 years learning. I managed to become consistent. Now I have a mission to succeed in IM. I am using $ earned in fx to make IM campaigns. That way I easily accept my failures (easy come easy go).