I think that forex trading has been in existence ever since the using of different currencies started because one would be in need of the other and will have to exchange, though can say that it became official in the late and early 70s.
The best way to trade forex trading is first as a beginner we should have a good trading knowledge by reading about forex trading and also making practise with the demo account. Then after some months we can check tthe level of our knowledge with the cents account before the real account.
I do not think hat paying now for education about forex trading is that necessary, there are so many places where forex trading could be learnt without having to pay, there are many ebooks free to download when you search on google search engine, there are so many sites that have forex tutorial...
The way of making huge profits is by investing huge amount too when you invest huge amount and are having good amount of knowledge and skills, you would be able to make good amount of profits and when you trade at the market volatile session.
The money involved made me joined forex trading the money that I can be able to make at the comfort of my home without stressing my self on getting an office for that. And secondly how profitable the business is. You can huge profits with just little capital.
Yes understanding that risk is part of the business will prevent them from being shocked when they loss, but knowing that if it all about risk, nevertheless the person will be prepared to loss and then have the money managed well.
You are right, I think I now remember reading it from an article that the busienss started in the 1970 and then it was done by those who have more money cause the minimum investment is huge at that time but now affordable because of developments. Forex is a very profitable business.
It can be build for some who will feel and regard themselves like not having the IQ it is something that takes time to develop. More important is learning forex trading at all day that will enhance the beginners ability to learn fast.
Maybe that is just the way they want to get their own things done but they will be scaring most of the usees away since getting verified is not that easy some dont have the requirements that they are asking and for some security reason some will not want to use their real ID.
In terms of stability forex trading is number one ans reliability, I hardly hear that a broker turns scam. It happens but on a rare ocassion but HYIP investing happens on a constant occassion which is not good and heart breaking.
I think you should be able to know when will be better for you to start with the real account, and I must tell us that waiting to be 100 percent good at tradingg in the demo account before trying the real account you will mis opportunities. Just check how good you are improving and know when to...
The random money could be because of luck, but can tthe random money be made again? That is the point. Forex trading is not a get rich quick business. Bank robbery could be related to the get rich quick but forex trading can only be that after long time of trading and exprience.
No I do not think so, bUt all I know is that forex trading is a business where hard work and knowledge counts. Money factory could be regard as where money is been originally produced like the central banks and so on, but forex trading is not like that,
The trader ofcourse is responsible of making lose. In forex trading the we are having the liberty to make decisions and trade the way we like. So therefore we are responsible for the loss. Though the market is unpredictable but we have the chances to make analysis and make choices.
Reality about forex trading is that the business is risku and is profitable at the same time. anyone who wants to invest in the business should be careful and learn the basics first by making use of the demo account for some months before using the real account.
Some do feel sad tthat they lose. But the main point is to understand forex trading from the start that it is a risky business and loss is involve. Doing that will enable us to invest what which won't get us dejected when its been lossed. I feel sad but not that bad.
There is something which I could not understand, where you saying that we should get our own welcoming bonus from that said broker or you are giving a testimony of making that amount from the bonus. Are they regulated that is one question I will ask.
I decided to start forex trading after when I lossed big funds to some scammed HYIPS and later I kept searching for good business which I can do online but I kept on seeing most of the articles relating about forex trading and then I started learning and it has been fun on my side.
It depends on the person knowledge and exprience so far in the business. Some people has the ability to make big profits with little caapital because they have the knowledge and knows the right strategies to be applied.I make money but with the demo account.
I have been expriecing that to. That is how they are secured. They will send to you your password to you phone which you will have to use in logging in, then secondly when you want to send money they will send to you a pine to verify that the transaction is authorized by you.