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-   -   The forex (https://www.aspkin.com/forums/general-money-chat/5795-forex.html)

Jonas 10-23-2008 08:39 PM

Okay, you all are missing some things.

1) The forex's website generally wants huge amounts of money at minimum. So you can try $100, but usually $10,000 minimum.
2) Most forex trading is done by huge companies who pay huge amounts of money to have teams of experts to study the market to make money on the forex. Some individual is not going to beat that unless they're psychic and even if you're psychic then there would be other more powerful psychics than you on the forex.

There was some company that sold software to calculate forex stuff and that was revealed to be a scam because of #2 stated above.

sam111 10-25-2008 12:59 AM

Quote:

Originally Posted by Jonas (Post 62814)
Okay, you all are missing some things.

1) The forex's website generally wants huge amounts of money at minimum. So you can try $100, but usually $10,000 minimum.
2) Most forex trading is done by huge companies who pay huge amounts of money to have teams of experts to study the market to make money on the forex. Some individual is not going to beat that unless they're psychic and even if you're psychic then there would be other more powerful psychics than you on the forex.

There was some company that sold software to calculate forex stuff and that was revealed to be a scam because of #2 stated above.

Hello Jonas,

Yes forex is the only market in which you require huge amount of deposit.

sam111 10-31-2008 10:53 PM

Quote:

Originally Posted by fadic (Post 49906)
hi john,

i like to learn forex,where should i start ?
thanks !


Hello fadic,

Welcome to forex trading. First take knowledge what is forex and how it is done. Search for sites were you can get knowledge about trading. There are many tools which you require to learn about it.


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