View Full Version : Forex is money sucking machine?
shakerchy
2012-09-21, 09:10 PM
We simply make the trade easier and more understandable for us by just learning more about the business.Forex currency exchange trading is never a money sucking business to involve ourselves in...
harddisk
2012-09-22, 12:48 PM
any one say so, he should be a loser.
I think that forex is a money making machine and any one with sufficient experience can make profit from it and quit his current job
sweetrevenge88
2012-09-22, 12:59 PM
actually i donnt agree with you 100%. but in someway i agree with you. if you make trade wisely and make a good profit then all cost will be in everage. but if a small investor dont make that his money will would be suck day by day. for that you have to choose a great broker like instaforex. and have to make good deals always.
The majority of traders are newbies and they have no idea how risky this market is that is why they always lose their account many times. This market is profitable there is no doubt about that but it could also devour your whole trading account in no time.
adel asran
2012-09-23, 02:57 AM
Yes You are your words is true that Forex like a money machine because the faster you can market the funds derived from trading as it is $ 3 trillion a day faithful and so is considered the biggest economic market in the world.
basit.online
2012-09-23, 03:07 AM
mai aapki baat sy agree karta hun yaar wo log jo k un experienced hain forex trading mai or jinhain trading ka knowledge nai hai un logo k liye forex trading aik money sucking machine hai lekin wo log jo k experienced hain un logo k liye forex trading atm machine ho sakti hai
munitan
2012-09-23, 03:47 AM
The Forex is not a money making machine and many traders join forex thinking the same way but they forget about the hard work involved in it and it not a machine but a trading opportunity and a trader needs to learn it first in order to trade in these markets really !!!
ayan12
2012-09-23, 11:03 AM
forex money making machine bhi hay or sucking machine bhi kiu k forex main jahan ek taraf kam time main profit earn karny ka moka milta hay wahi dosri taraf is main humy lose ko bhi face karna parta hay.
I think that forex is the money sucking machine for the traders. Ok. I am agree with the quote. Because, when one trader will understand more about the forex trading then the trader will enjoy the trading very easily in the trading. For the profit the trader should known the indicator of the forex trading. Another the trader will not earn money without proper knowledge about the forex trading.
featurelion
2012-09-23, 12:29 PM
forex money making machine bhi hay or sucking machine bhi kiu k forex main jahan ek taraf kam time main profit earn karny ka moka milta hay wahi dosri taraf is main humy lose ko bhi face karna parta hay.
jee bhai jo trader loss kerta hey forex ko sehi sey nehi kerta aur na hi samjhta hey us k liye forex money sucking machine hi hey or jo is ko achay sey keray ga samjhay ga us k liye money making machine hey
parvez
2012-09-23, 12:33 PM
Forex currency exchange trading is never a money sucking business to involve ourselves in we simply make the trade easier and more understandable for us by just learning more about the business.
amit87757
2012-09-23, 12:35 PM
If you do not have sufficient knowledge bout Forex then Forex is money sucking or money loosing machine, but after getting good knowledge it will turned to a money making machine. I dont think only small inverters loose their amount, big inverters without knowledge will loose their money in bigger amount.
junaidi99
2012-09-23, 12:42 PM
for traders who lost money and suffered defeat in forex then this could be a vacuum of money but for a successful trader and a lot of money from forex forex it will be seen as a money making machine. do not be afraid of the risk, if there is a successful trader yuang why can not we?
theniceone
2012-09-23, 12:42 PM
Forex is money sucking machine. This statement is prove true with the trader trade without any experience. Forex run through on special process, if trade do not follow that process then they may go in loss. and Forex may suck all the capital which is invest by the trader
boniez
2012-09-23, 12:52 PM
if you do not trade using money management is good, then it will feel like suckers money, let alone think here, too many things that would cause the trader out of control and not according to plan.
foz65
2012-09-23, 02:05 PM
forex aik money sucking machine he hai un traders kay liye jo money management or risk management nahi jantay or jinhay forex market ko bhi analyze karna bhi nahi ata or wrong analysis bhi base per woh wrong trading decision lay laytay hain jis ki wajah say unhay loss face karna parta hai.
Forex has millions turnover on daily basis, but we can't make label of money sucking machine because it is only a business of currency trading. Although many chances to earn big profit are daily produced in Forex, any one can't use it as money sucking machine and only earn in Forex by true process of trading.
nematranjeet
2012-09-23, 03:01 PM
apko achy tariky sy treading krni hati ho aur acha profit kamaty hon to ap k liye is sy best machine aur koe ny lakin agr ap ko pta kuch na ho aur loss pr loss katy chaly jayn to ap k liye ye sucking machine hy Q ap ko is k bary mein pta he kuch nai is k liye sab sy best demo account hu is sy ap ko kafi experience mill skta hy.....?
Rather than wasting your time in denial, concentrate your mental energies on improving yourself and improving your trading skills. Work at improving your abilities to observe. Realize that you have to survive the markets in order to benefit from the experience of the markets.
Blackspider
2012-09-23, 03:05 PM
For earning from Forex need lots of experience and knowledge. If you don't have them , forex will become money sucking machine for you . No matter what invest / trade you do , you will loss . so you should gain proper knowledge about it and then earn experience . Small traders are newbie so they loss cause they don't have the require experience. hope you do well .good luck
forex4dollar
2012-09-23, 03:06 PM
forex is not money sucking machine,but for does how the not no it before invest into forex market ,need to be learn very well and understand all about forex before invest one dollar into it
mnfakhar
2012-09-23, 03:37 PM
Forex trading is generally for big companies and for those traders who invested huge amount in the market because when there is any decline in the market then the traders with the huge amount can bear that but who have small amount will definitely lose his or her money easily
mohamed yossef
2012-09-23, 04:26 PM
agree with you this very big tactical business ever
make you happy today and other one not happy and the process reflected tomorrow
toptown
2012-09-23, 04:39 PM
Hi friends
Are you agree with me that forex is money sucking machine and on daily basis it sucks the money of small traders and accumulate the money in the accounts of big traders? As we know that money in the forex is limited and it transfers from one account to another. Let suppose if you open the position and market moves in your favor then its mean that forex is now getting the money of some one else who open the trades against you and whose lot size is bigger than you. If he will close the position then market will move to get your money now and if you will not close it then your money will go to some one else account.
I think that Forex is a auto made machine which create the reverse currency profitable machine. There is no any else loss of currency one have profits other reverse site get profits. in loss background have profits in foreground. Who get the best position of this market very good he will strong than the other site who achieve loss. So it is like a tree of money but it moved hand to hands.
fxsabuj
2012-09-23, 05:06 PM
Yes, I agree with the topic that forex is money sucking machine. This is because traders without forex trading education and knowledge trading in the risky forex market make lose continuously. So this forex become a money sucking machine for such traders in the forex market.
Ladenboys
2012-09-23, 05:14 PM
Ya sure.Thats how market is working.When sell is start means who are in the position of buy they are starting to loss.
And when its start to buy means trader who are in the position of sell start to loss.And in another way its running thats you are mantioning,but not exactly.When someone lossing whatever he is small or big trader means he some others is gaining.Thats what I say in above.
Hiron
2012-09-23, 05:17 PM
Not like that.From forex people can make money but it is not a money sucking machine.People make money by investing and work hard.
dintera
2012-09-23, 05:27 PM
Knowing that Forex is a sucking machine, we should learn and trained to find the loophole of Forex trading. I think the most appropriate action to do is to apply a prudent money and risk management as this is the only way to protect our capital. We can succeed in trading based on our ability to identify the order flow. The timing of our entry and the target that we choose will hinge upon our accuracy in correctly tracking the order flow..
sayed2013
2012-09-23, 05:30 PM
when you face loss and you don't stop to trade in that time Forex can be a sucking machine for you. For this you have to more careful and do the analysis more carefully then do the trading. I think it will give you success and you will not say that its a sucking machine.
plankton
2012-09-23, 05:41 PM
forex will always suck our money, if we can not trade with the right system. do not dream we make forex as a cash machine for us, a lot of risks that we face, that our money is not exploited by forex
dmambi
2012-09-23, 05:59 PM
Rather than wasting your time in denial, concentrate your mental energies on improving yourself and improving your trading skills. Work at improving your abilities to observe. Realize that you have to survive the markets in order to benefit from the experience of the markets.
Absolutely right, we should not waste our time thinking in negative pattern as this may affect our trading performance very much. There is nothing we can do about these things as the Forex works like this and we need accept it the way it is and make our way to profit. It is a business to make trading of currency pair and hence through this make money.
riaz33
2012-09-23, 10:55 PM
No I do not think forex is a money sucking machine . It is true that some time we earn many money from forex . but it is a market of business and loss is a part of business . so at all time we can not make profit from forex market . ti is easy to say forex is not a money sucking machine .
angle
2012-09-24, 12:42 PM
Forex is both a money making machine and also a money sucking machine it depends with individual trader who is trading and this guys just loss because everthing is just good and they need more and more.
sultanmehmood
2012-09-24, 12:44 PM
yes bilkul ma ap ki bat se itfaq karta ho ka forex money sucking machine hai. keo ka hum apne knowledge se aur zeyada se zeyada invast kar ka aur market ka trend ko samajh kar is zeya bohat zeyada pasye kama skte hai apne limet se bhe zeyada . wo ese he mominkan ho ga jab hame apne kam kafe maharat ho ge.
Discordance
2012-09-24, 12:50 PM
yeaaaa, forex is a money making machine, because we can double our money in quick time, but I think we are very difficult to get consistent profit in the forex market because the forex market is moving in dynamis
gobindain01
2012-09-24, 01:24 PM
Forex is not a money making machine.it is a business like a real business and risk full.it do not any money.it brings money from lessors to the winners.it can be complete that it money making and loss money machine.
mirror
2012-09-24, 02:56 PM
Advice or instructions from a professional or business people who have conquered these problems. We still live and live to enjoy it, but if we have the money, and then all the money and all the resources it will have nothing that we can not enjoy.
shough02
2012-09-24, 02:58 PM
are you agree with me that forex is money sucking machine and on daily basis it sucks the money of small traders and accumulate the money,.
decky
2012-09-24, 03:18 PM
are you agree with me that forex is money sucking machine and on daily basis it sucks the money of small traders and accumulate the money,.
yeah, but it just for the newbie only, because all newbie just want get fast money without spend any time to learn first, they think that forex trading is easy, but after get loss and loss again, they just leave this business
otongzi
2012-09-24, 03:25 PM
forex will only give benefits to those who know and understand how the mechanism of action of the money market itself, forex has two faces for everyone, as much fun as creepy as an angel or a monster ready to swallow up your money.
sweetrevenge88
2012-09-24, 03:28 PM
That is correct,the market suck several of my bonus account already and I can only stare in disbelief and horror every time the market do that to my account. That is to give us the real warning that this market is a very risky enemy and it has no mercy. So trade safely and wisely.
echowdhury
2012-09-24, 03:34 PM
I am agree with you that Forex is a money sucking machine but it also give you more money if you have an ability. A new trader they are always losing because they have not enough knowledge but though are know about Forex properly they can loss easily rather that they are sucking from the Forex. So if you have a proper knowledge about Forex so you also suck money from Forex.@>-
rivera
2012-09-24, 03:41 PM
yeah, but it just for the newbie only, because all newbie just want get fast money without spend any time to learn first, they think that forex trading is easy, but after get loss and loss again, they just leave this business
but when the newbie want to learn, learn and learn, i think they will able to make forex as their money making machine, not as their money sucking machine, because they already know how to earn money in forex
Luigi
2012-09-24, 03:43 PM
It actually is a money sucking machine but it is like that for the people who do not know when to stop trading. It happens if you are too greedy and too relaxed that you can always have a good profit.
dollar
2012-09-24, 03:59 PM
That is correct,the market suck several of my bonus account already and I can only stare in disbelief and horror every time the market do that to my account. That is to give us the real warning that this market is a very risky enemy and it has no mercy. So trade safely and wisely.
i am not agree with you that forex is a money sucking machine. we lost money due to only our leak of knowledge and not proper analysis. if we are continue lossing our money then there is need to learn more and more demo practice.
Redcandle
2012-09-25, 07:27 AM
yeah, i agree with you. Forex is a sucking or eating money machine for newbies and small traders because most of them are inexperienced traders. they trade without knowledge about money and risk management.
vivien
2012-09-25, 07:28 AM
someitmes forex can be money sucking machine, because it is really easy to lose money here, and earn profit is not easy, we need much time to earn much money, and need a few minutes to lose much money
I don't agree to the idea that the small traders are always the victims. We have evidences that the bid players like banks , investment funds falling victims. The Winning and losing are equally available to all players, the cautios and samrt trader makes :)
andyfx
2012-09-25, 08:04 AM
if forex is money sucking machine, why many people joined in? i think forex is not money sucking machine, the money sucking machine is not forex, but the trader, because the trader who make money lose
Biddarani
2012-09-25, 09:23 AM
Every business has a good and bad side.You have know the business.When you start loose money,you keep away form it.After someday you can join it.Then i think you get your desire profit.
ITECT901351
2012-09-25, 09:27 AM
Forex is money sucking machine for those people who does not learn about Forex properly and come ere with large dream and want to make money in a night.For this reason they take high risk and loss money.I think if you come here after learning properly and can work hard then Forex will be the money making machine for you.
sagulcuy
2012-09-25, 09:57 AM
yes it is true .... well .... forex money sucking machine ..... but if it happens to us or not .... and if it is we who are penghisapnya machine or our money sucked by the suction machine and cause our money runs out ...... this is a consideration and we have to think and evaluate .... should we do with our forex trading should be menhisap money and make profits for us ... .. instead we will be sucked .....
hanabare
2012-09-25, 10:07 AM
yeah, i agree with you. Forex is a sucking or eating money machine for newbies and small traders because most of them are inexperienced traders. they trade without knowledge about money and risk management.
of course, forex is a money sucking machine for people who don't understand fully what they are doing in this cruel market.
however, when we already have a good knowledge and good trading skills we will be able to make this business into a money making machine.
10pips
2012-09-25, 02:25 PM
just the trader who aer do not trade well on the forex and also have the bad emotion on make the trading on the forex will say that the forex is teh money sucking machine, but for me i will just say that the forex is the money making machine which can make me make teh money in here too
Hi friends
Are you agree with me that forex is money sucking machine and on daily basis it sucks the money of small traders and accumulate the money in the accounts of big traders? As we know that money in the forex is limited and it transfers from one account to another. Let suppose if you open the position and market moves in your favor then its mean that forex is now getting the money of some one else who open the trades against you and whose lot size is bigger than you. If he will close the position then market will move to get your money now and if you will not close it then your money will go to some one else account.
ya,we can say like this, as some one open the trade for buy and some one has open the position for sell, then market will only move in one direction either sell or buy ,let us suppose if it move for sell then trader who has open the position for sell will get benifit for this and will get the profit with loosng money of the trader who had open the position for buy.
fxsabuj
2012-09-25, 02:34 PM
Yes, forex is a money sucking machine for those who do not have proper education and good market knowledge of forex business. Without proper trading education and trading strategy forex market sucks traders money. So it is really a money sucking machine for them.
blonur
2012-09-25, 04:37 PM
it is true that many forex beginner think that forex is a money making machine and they want to become a rich within a day ,they also think forex is very easy way for earn money and they do not follow any forex market rules such as good money management rule ,low risk ,they do not follow any good trader advice .as a result at last they lost their total capita for lack of knowledge and practice
royhan
2012-09-25, 04:41 PM
i think that foregin exhange mOney machine will been easier and more if Youre entering the markets long with lots of experience my opinion is usually little traderss is newbies who always fails is haves not experienced. thanks.
bolaadewumi
2012-09-25, 04:47 PM
i totally disagree with you that forex is a sucking machine what i think is wrong or what make it to look like that are the people trading the market, there approach to the market is very wrong and they always think forex is a market where one can become millionaire overnight or in just a blink of an eye, which i think is a very wrong approach and thinking.
tisha
2012-09-25, 04:53 PM
Excellent topics ,it is real true that forex is money sucking machine .I think everybody come here for suck to money .If a trader have good basic about forex and demo account practice for long time he must be a money sucker in forex .
jidezco1
2012-09-25, 05:04 PM
Forex is a money sucking machine: the mechanism in neutral visibility " was raised in young day by an transaction in business in the familiar increase excess. While we were normally, we were originally used by the transparency of these assets.
suyati
2012-09-25, 05:44 PM
Forex was originally going to suck our money, but this is the beginning of our success with the loss which we would be willing to learn and forex will someday become a money machine for us, but if we never loss then we will never learn
junaidi99
2012-09-25, 05:48 PM
Forex is a money sucking machine: the mechanism in neutral visibility " was raised in young day by an transaction in business in the familiar increase excess. While we were normally, we were originally used by the transparency of these assets.
Pretty, i am other that the diamond of the dollars to this year will join absolutely.
Positive thinking with forex, forex give a huge earning potential, many successful traders here, if they can do it, why can not we? if many traders fail, why do not we learn from their experience?
fxsabuj
2012-09-25, 05:57 PM
Forex is money sucking machine for those who do not have real forex market trading good strategy and knowledge of forex market. They can not make profit from the forex market. They lose always going to trade in the risk forex market. It becomes a money sucking machine for them.
hassanyousaf13
2012-09-25, 06:13 PM
I think that forex trading is a money sucking machine and also forex trading is a money making machine if you invest money very carefully in your trading account you can get money from it and if you trade very rapidly you can lose your money very easily in forex trading.
junayed
2012-09-25, 06:21 PM
Forex currency exchange trading is never a money sucking business to involves ourselves in.we simply make the trader easier & more understandable for us by just learning more about the business
Sabbirbd
2012-09-25, 07:00 PM
I think forex trade is world best way for make money and we can make huge money from forex trade . If you have knowledge about forex trade then you must can money with forex and also you can loss your money from forex trade . So we can must say that forex trade is money making machine for us .
zseconda
2012-09-25, 07:11 PM
The forex is a money making machine. I thought so too because forex has given a lot of money on any investment trader in the forex business. all traders are competing to get a lot of money even though forex forex also has a high risky !!!
karlie4nia
2012-09-25, 08:03 PM
Forex can be a money sucking machine for both small and big traders. Big traders who have invested huge amounts like say 10,000 dollars. I know of it. I have a friend who have lost such huge amount before. The losses that both big and small traders make is due to the reason that they have not yet figured it out. It is also a money pumping machine for those small and big traders who have their game right and know what they are doing, they may make losses but they manage their trades so well with sound money management that makes forex to be a money pumping machine for them.
malek
2012-09-25, 08:21 PM
Forex can a money sucking machine for some traders those who have no any forex market trading knowledge and good trading strategy. They becomes loser always going to trade in the risky market. So it is really a money sucking machine for them.
wulandari
2012-09-25, 08:48 PM
well forex is a quick way to generate money, but remember its also a quick way to losing all of your money, its really high risk business, so you need a lot of preparation and knowledge in forex beforex jump in
hanabare
2012-09-26, 04:26 PM
yes, i also think that forex can be a money sucking machine because it is really not for those who are not ready
to enter this risky business. many people blow their trading account in this business.
forex is a place where we can make money and make consistent income too but it will be a money sucking
machine if we are too greedy and don't learn from other traders' experiences.
infoworld
2012-09-26, 04:29 PM
Forex is not a money sucking machine but beginners greediness to take all of the market share which is impossible is the cause of their failure, if they can understand this, good for them, the big traders did not also start big, they started from some where, you need to do same to excel
philips_asus
2012-09-26, 08:18 PM
Yes, I am agree with that. I think everybody should agree with that. Forex is really a money sucking machine.
spread55
2012-09-26, 08:34 PM
I don't think so. Forex is always money making machine. here brokers are the main barrier for earning money. They always try to cheat with us. That is why always try to invest with a good broker. In that case Forex-Metal can be the best option for you.
damarisa
2012-09-26, 08:38 PM
Forex currency exchange trading is never a money sucking machine, it is a making money machine instead. I we have enough knowledge about how it works, then everyone will be able to make some money from it.
It is lack of knowledge and skills about the forex trading markets that can lead a trader to lose many times and start viewing forex as a money wasting machine.
ali1011
2012-09-26, 09:06 PM
Forex aik money sucking machine nhi keh sakty ham isay ku k forex me asia hy k ap ko agar knowledge and experience hy to ap bohat he achi earning kr sakty hen is me sucking tab he start hoti hy jab ap risk jiyda lety hen management nhi krty to ap ko problem face karni parti hy
featurelion
2012-09-26, 09:11 PM
bahi ager ap is ko seekho gey nehi or phir bhi trading kero gey risk lo gey aur phir aap ko loss ho ga to yeh aap k liye money sucking machine hi ho gi, jab tek seekha na jaye teb tek money making nehi ho skti hey
eman seif eldin
2012-09-26, 09:26 PM
There are a lot of forex traders depend on bringing in the money if they have sufficient skill to trade whenever they managed to reap money and forex became for them to bring the money Maker
Jalil
2012-09-26, 09:50 PM
Forex is really a money sucking machine for many traders those who do not trade in proper way. They do not analyze for trading in the risky market. They trade without forex market knowledge and trading strategy. It's really become a machine of money sucking.
zahid27
2012-09-26, 10:46 PM
No forex is not any machine but it is a business for me and i am working on it and using my strategy to make a good amount of profit and no body can make profit on forex trading by depending upon their luck.
fxmilon
2012-09-27, 08:00 PM
Forex is money sucking machine for some traders in the forex business who trade without forex market knowledge, forex trading strategy and forex trading experience. They always lose in the volatile market trading. Forex is a money sucking machine for them.
eman seif eldin
2012-09-27, 08:38 PM
Forex is considered God as a source of money, but should not be relied upon as something essential to get the money because if something happens is not aware of and may result in loss of your finances
sammy
2012-09-27, 11:08 PM
yes, if you dont think twice even thrice before giving a trade and if you go for making profit,all the time, and big ones, and on the process dont limit your risk, well, you will face losses and all your money will be sucked out your account.
alok kumar
2012-09-27, 11:24 PM
nahi mere khyal se forex money sucking machine nahi he, isme bhi hume utna hi hard work kerna hota he jitna hume auro kaam me kerna perta he money get kerne ke liye, so forex me trade kerke profit get kerna itna easy nahi he.
fxsabuj
2012-09-27, 11:31 PM
Forex is a money sucking machine for such people who do not have good forex market knowledge and proper forex education. They do not trade with forex trading good strategy. They trade over in the market. They are really very impatient to trade in the forex market. So forex become a money sucking machine for them.
madoegy
2012-09-27, 11:36 PM
no i don't think that forex is a money sucking machine because it also include high risk
so we should accept loss before accept profit.and we have to follow a good plan
Md Nazmul.
2012-09-27, 11:43 PM
Of course with big gains with foreign exchange trading big losses come with them. I think it can be a money-making machine in the long run as you develop an action plan for that.
theniceone
2012-09-27, 11:44 PM
Forex is not money sucking machine, it become harmful when anyone join it without and start trade with out any experience, then it prove as money sucking machine, But mostly people earns profit in it, if we use it with excellent way.
hisham999
2012-09-27, 11:45 PM
i don't think forex is money sucker.if newbie loss their money because of their greedy and emotions and lack of technical ... I have been in this market for one year and i am earning well. So i consider Forex as money machine not money sucking
casiotab
2012-09-27, 11:54 PM
No, I think that Forex is not a money making machine. It is a online basis international currency market. But if anyone learn it and start trade with his experience than it is sure that he can earn unlimited money from this Forex market.
sohansep
2012-09-28, 07:00 AM
forex money machine will be easier and more if you are entering the market long with lots of experience
my opinion is usually small traders is newbies who always fails is have not experienced,so we should avoid it with a very short time.
pkd8915
2012-09-28, 07:57 AM
There are many tools in the market which suck money for his client. In this sense forex is the best money sucker in the market. Believe it and use it in your life. I am sure that you will get success in your life. So, I give thanks to forex.
khaled24
2012-09-28, 08:03 AM
In my opinion , Forex can be money making machine and can be too money sucking machine , For those who gamble and depend only on luck to make profit without learning or working hard we can consider Forex for them as a money sucking machine , but the good traders who always practice and learn and do their best Forex for them will be so easy way to earn money and will be money making machine
fxmoney
2012-09-28, 08:24 AM
when you use high risk then it is obivious that forex will suck your money so if you do not want that forex to suck your money then you must have to follow the risk management so that you will not lose whole of your amount in the single trade.
nubieforex
2012-09-28, 08:33 AM
forex is such a huge world wide market therefore what u say is not going to happen. it depends on the trader that what is he going to do in the trading and how does he takes the forex. trader defines the mode of trading there are millions of traders who follow different trading strategies and therefore how they earn profit of loose money differ from each other
10pips
2012-09-28, 03:08 PM
forex is money sucking machine for traders that do not complete their learning and practice so they do not have the basic rules of forex trading and so they do not have the ability to take good decisions before trading so they loose their money
if the trader is also make the good learning and also practice i believe that they will say that the forex is one of the money making machine and will not say that the forex is one of the money sucking machine, that is just my opinion only as the forex trader
The Blessed
2012-09-28, 06:58 PM
I will not agree with this thread. Forex is not money sucking machine. Everything we need to be successfull in this market has been given to us. So if we lose probably, we just suck our money by ourselves, either to our greed or lack of knowledge.
amininho10
2012-09-29, 01:49 AM
i think trading forex depend on you if you earn or lose money because if you earn money and happy from your trading you will say forex money machine and if you not trade good and lose you will say forex sucking machine so the different view depend on you
Sabbirbd
2012-09-29, 02:27 AM
Yeah forex trade is a money sucking machine and also money making machine . Here all people can make huge money with their experiences trading and also they can loss their huge capital by mistakes .
anamjanjua
2012-09-29, 06:26 PM
yar it depends ... u cnt say it sucks money form small traders /... it depends .. on experiance n time how much time u give to forex .. forex jaha smal sa pasa late ha waha bara traders sa b la skte ha.. mgr yeh kehna munasab ni ho ga
malik
2012-09-29, 06:28 PM
Agar aap is ko money making machine samjhain gay to ye aap kay liye money sucking machine hi sabit ho gi aur agar aap is ko money sucking machine samjh kar trade karin gay to ye aap kay liye money making machine ban saktee hay.
pipsgreen
2012-09-29, 07:11 PM
i think trading forex depend on you if you earn or lose money because if you earn money and happy from your trading you will say forex money machine and if you not trade good and lose you will say forex sucking machine so the different view depend on you
yes, i also agree with you. in the end, everything depend on the trader himself. if he is good then he will make a living from
this business but if he's not good then he will someday leave this market for good...
fxsabuj
2012-09-29, 07:15 PM
Forex is really a money sucking machine for those do not trade with proper forex market knowledge and good trading strategy. Forex market is risky and volatile. Traders without forex market knowledge trading in the risky market lose their great money. So it become as money sucking machine for them.
challenger ab
2012-09-29, 07:17 PM
yes Forex is sucking machine because we can earn so we take money from it and we can lose so the broker will take money from us so it,s balance between us and the broker and we must do our best to be good trader to take money all time not let broker win
kabbo143
2012-09-30, 08:20 AM
Forex currency broil trading is never a cash sucking big idea to inspire ourselves sway. We wittily bring about the biz easier besides more manifest owing to us by appurtenant dirt additional about the spirit.
riazsk
2012-09-30, 08:40 AM
Since about 90% of traders are said to be loser them we would refer Forex the other way like"money sucking machine"one thing with Forex.
fxmoney
2012-09-30, 09:00 AM
When you use high risk for your trade then you do not have good margin for your trade so that it is really sucking money as the volatility of the forex market is very high. so it is better to trade with low risk as it will not able to suck money in such case.
bristi
2012-09-30, 09:02 AM
i want to say that Forex currency exchange trading is never a money sucking business to involve ourselves in .we simply make the trade easier and more understandable for us by just learning more about the business.
Ananda
2012-09-30, 09:08 AM
nicely said,in most cases forex is money sucking machine than a money making machine.it sucks money especially from new traders who are not expert in trading.it sucks money till they face margin call and understand that they are not capable of struggling with market.few can cope up and trade successfully.
forex. about forex many people think many thing some thing machine some think gambling and some are thinking a game of luck.
ku_lock
2012-09-30, 09:37 AM
if you think this forex business is easy, and you do not learn well through the forex business, it is true that this will be the fores money sucking machine. because you did not have enough ability to trade forex, so I am sure you will experience any loss in forex trading you do. because it is important to the learning process in this forex business, because it is through learning that we will get a good ability in the trade.
deemaaslam
2012-09-30, 10:17 AM
incomplete knowledge always harmful for everyone it can be spoil your money your qualities same as in Forex which people trade in Forex without experience and knowledge no doubt Forex suck their money
vicky
2012-09-30, 10:26 AM
forex. about forex many people think many thing some thing machine some think gambling and some are thinking a game of luck.
Forex is never a gambling although if any one want to do gambling then they can but to make money from gambling from forex never possible , it may give by luck one time but ultimately sure they bring all.
dollar
2012-09-30, 10:43 AM
incomplete knowledge always harmful for everyone it can be spoil your money your qualities same as in Forex which people trade in Forex without experience and knowledge no doubt Forex suck their money
you are right that incomplete knowledge is always harmful. many traders say that forex is money sucking machine but i want to know one thing is they follow all things like money management and apply their knowledge. we loss our money due to only less knowledge or not proper analysis.
shali
2012-09-30, 10:46 AM
Well i simply do not agree with your statement my dear. It is more of a money making machine than a money sucking machine and the proof is that it is getting popular with each passing day and more people are coming to join in.
newentry
2012-09-30, 10:56 AM
Without having knowledge and experience we cannot earn from forex, we need to focus on learning and then we must get some experience on demo account so that we can able to earn good amount of profit from it. Forex is not any machine its just business aur har business ki trah ic main b loss k chances hen.
yes, the first step that we need to do just learning and practicing, we have to focus at this things with very well...and it is for our preparation at this business
because we came to this business for profit and not for losing..
i really agree with your statements here my friend, this will become a motivation for the others and understand it
myesmian
2012-09-30, 10:57 AM
nicely said,in most cases forex is money sucking machine than a money making machine.it sucks money especially from new traders who are not expert in trading.it sucks money till they face margin call and understand that they are not capable of struggling with market.few can cope up and trade successfully.
sure new trader trade with emotions but this market does not think about traders emotions, in this view I think better to understand the market trading style by continuously practicing in demo platform, demo is the right way to achieve good result in this trading business.
alok kumar
2012-09-30, 11:07 AM
nahi mere khyal se forex money sucking machine nahi he, kyun ki hume forex me bhi money earn kerne ke liye bohot hard work kerna perta he, aur hume ek good trading se hi hume profit mil sakti he.
Rafqan
2012-09-30, 11:13 AM
yes , if you are not good trader then must be you loss your money , so Forex is also money sucking machine , everything depend on yourself , if you are a good marketer then must be you found good result from this market. also you should to know when the proper time of marketing and trading.
dinusarker001
2012-09-30, 11:14 AM
i think that it depends on us own decision that it make us we the forex trading to suck our money.it has some rules and this rules help us to go on and that time we will make money easily.and that time we feel very enjoyable .
vicky
2012-09-30, 11:29 AM
Forex is never a money sucking machine but its a real business . if we make ourselves ready to take challenge then there is full opportunity to make money here but if there is lack of education then there is full opportunity to loss all here in forex.
robing sing
2012-09-30, 11:35 AM
I believe it conscionable depends on you.Sometimes you can say that forex is a uptake organisation,because you are losing your reason again and agin.But sometimes you may tenderness it as a making money tool,because you can vantage so apace there.
xtac4u22
2012-09-30, 11:48 AM
Forex is a money sucking is what you have thought and so its a money sucking machine and if you have thought Forex is a money given money it will be a money giving money, its how you trade and what you do that counts, its all in the mindset to make the situation, I am positive and think that Forex is a big big opportunity to make money.
shakil7142
2012-09-30, 12:03 PM
Forex is money sucking machine,if you do't trade perfectly in forex trading.If you do to trade perfectly,you can't loser in anytime in forex life history.SO.first you achieve knowledge perfectly in forex.
star world
2012-09-30, 12:08 PM
i will must say that the accelerator of this machine is in our hands , and the speed of making money is always in our hands so we have to trade well to increase this speed all the time
faria
2012-09-30, 02:34 PM
Forex is money sucking machine,if you do't trade perfectly in forex trading.If you do to trade perfectly,you can't loser in anytime in forex life history.SO.first you achieve knowledge perfectly in forex.
I agree with you, if any trader did not use prefect trade on trading then he can not make good profit also he can loss his all balance, i think perfect trading depend on knowledge, so learning is most important for this market.
fxsabuj
2012-09-30, 02:37 PM
Forex is a money sucking machine for many traders those who do not trade in the forex market with proper forex trading knowledge and good trading strategy. Trader without forex market trading knowledge lose their big money in the forex market. So it forex business really become a money sucking machine for such traders in the forex business.
clark kent
2012-09-30, 02:46 PM
yes forex will be the money sucking machine if we didn't face the market properly and we can't concentration on the trading during the trade,, because with all good experience we can make our every trade profitable and if we didn't then we will loss in mostly every trade and then the forex will be the money sucking machine for us,.,.,.
tefa1981
2012-09-30, 02:53 PM
learning more about the businessmake the trade easierand more understandable but it actually is a money sucking machine to who do not know when to stop trading
SECUREDFORM
2012-09-30, 03:03 PM
no i am not agree with you because forex is not a money sucking machine because if you have no knowledge about the forex market then it can be money sucking machine for you but if you have good knowledge about forex then it is a money making machine
sharukhossain
2012-09-30, 03:12 PM
almost forex is money sucking machine just should working process system and work done by this system. this working system is very easy so at last i say that forex is money sucking machine.
ashwini
2012-09-30, 03:21 PM
mainly ..forex main hota kya hain.. agar app ko profit milta hain.. to koi aur trader ko loss hota hain. agar app loss karte hain to kiss aur trader ko profit hota hain. so yeh kahna galat hoga ki forex money sucking machine hain. jab ki humain iss par dhyan dena chahiye ki hum galat kanha par hain .aur usse thik kare taki .. profit continue kar sake ..
zahid27
2012-09-30, 03:30 PM
Hi friends
Are you agree with me that forex is money sucking machine and on daily basis it sucks the money of small traders and accumulate the money in the accounts of big traders? As we know that money in the forex is limited and it transfers from one account to another.
10pips
2012-09-30, 03:34 PM
some time it make me think about it, it some time make me think that the forex is one of the money sucking machine, because i have ever got the big loss when i have enter to the forex it make me hate it and do not want to make the trading on the forex , but now i think that is good for me to enter to the forex
netros
2012-09-30, 03:39 PM
forex is a money making machine. and if they can not do trade with well and still have many problems with their trading , they will thing that forex trading is the place to waste their money.
Aditya004
2012-09-30, 03:41 PM
I think forex is money machine will be easier and more if you are entering the market long with lots of experience
my opinion is usually small traders is newbies who always fails is have not experienced.
onik007
2012-09-30, 04:04 PM
Yes my brother i am agree with you that forex is maoney sucking machine. If you trading with more knowledge and experience and with proper way.
challenger ab
2012-09-30, 04:10 PM
forex not difficult business and we can earn from it much money but if we cannot deal with our trade seriously and do our best to predict the market then we will make the broker win and take our money but if we trade smartly and discipline we can earn too
warzone
2012-09-30, 04:19 PM
I presume, forex is the best place for traders to earn profits and generate as much money as they need. To me, those who failed to make a profit will definitely consider that forex is not very good because they cause them to lose money. That is why we need to learn how to trade the right.
saddam4063
2012-09-30, 04:28 PM
yes that is right Forex is a money sucking machine it can suck money from one trader to another it is very profitable for that trader who have the perfect knowledge of Forex and and he have the strategies of a good trader.
I presume, forex is the best place for traders to earn profits and generate as much money as they need. To me, those who failed to make a profit will definitely consider that forex is not very good because they cause them to lose money. That is why we need to learn how to trade the right.
Forex is both money and money making machine because both activity are shown by trading , who really trade well they are gainer , means they are making money and who are really weak in Forex , they loose , means money sucking.
WajeehBJ
2012-09-30, 04:33 PM
Forex is definitely a machine. It can either be a money sucking one or a money making one. It depends on your skills and talents. If you are skilled and have learned and practiced forex trading as much as you could, then it is going to be a money making machine for you. Although otherwise, it is definitely going to be a money sucking machine if you start trying your luck in it.
some body can also think like that but it is not true for all.forex sucks the whole money of a new trader or a ignorant trader who are not expert on trading or who does not have much idea and knowledge about forex market.but it is not true for expert and professional trader.when a trader become expert and professional the he sucks the money from market.
cyberjobz
2012-09-30, 06:02 PM
Hi friends
Are you agree with me that forex is money sucking machine and on daily basis it sucks the money of small traders and accumulate the money in the accounts of big traders? As we know that money in the forex is limited and it transfers from one account to another. Let suppose if you open the position and market moves in your favor then its mean that forex is now getting the money of some one else who open the trades against you and whose lot size is bigger than you. If he will close the position then market will move to get your money now and if you will not close it then your money will go to some one else account.
yes my dear forex aik money sucking machine hai kiun k is main sirf 1 pips girnay ya barhnay say humain kai dollar ka faida daiti hai is ka matlab yah machine humain her jagga say money earn kar k daiti hai
SAMIYA NOOR NOVA
2012-09-30, 06:04 PM
no....Of course i believe that Forex is a money making machine because there is no earning limitation in the Forex and traders can earn unlimited money from Forex and it is the best earning opportunity for all people i am really think Forex is a money making machine...
sameerdurrani
2012-09-30, 06:08 PM
forex is just a machine ,, to make it a money making or a money sucking it depends on the trader how he trades ,, because at the same point some traders makes money and some losses money , so if you work in forex properly according to the rules it will become a money making machine instead of money sucking machine
creativeifx
2012-09-30, 06:21 PM
One of the traps most Forex traders get sucked in to is the search for the holy grail, also known as the search for that one system that will put me on easy street. Holy grail trading system and how to determine which Forex trading method works best for trades. it's happen some time i sucking about of Forex. =(
cfxsignals
2012-09-30, 06:28 PM
yes, I think that forex loves to suck money from people. Most people end up losing money to forex, so it definitely takes their money. If you do not think that it takes money from people and everyone can be profitable then you are just naive about what forex is and why it is there.
manibhai2012
2012-09-30, 06:41 PM
I am totally agreed with you that Forex is the money sucking maching but as well as i do believe that Forex is the money making machine also when you lose you money in the market than you also can make money in the Forex market.so try to make money rather than losing money.
SAMIYA NOOR NOVA
2012-09-30, 06:42 PM
there is always a perception by newbies and some others that forex is a money making machine. it is also believed that when someone starts trading in forex, that within a short period, they will get rich quick...based on experience, is forex a money making machine????
ndunk81
2012-09-30, 06:48 PM
I think how the forex work is not like that. Activator instead of forex not only from traders, but the volatile situation of world market.
If we already master in forex, that doesn't mean we are raising money for small traders to cover our profit? No, not just the players forex are traders, but the world banks, international corporations, and governments.
Let's say if you profit $ 500 in a single trade, what does it mean for big companies?? NOTHING...!!
malek
2012-09-30, 07:00 PM
Forex is a money sucking machine for lots of forex traders those who have no forex market knowledge and good trading strategy. They never trade in proper way learning the market trading strategy. So forex trading become a big money sucking machine for them.
annura
2012-09-30, 07:05 PM
Forex isn't a cash machine, therefore it takes labor and smart ability to urge cash from forex commerce. if we have a tendency to assume that the forex is cash and that we assume the machine is straightforward to urge cash from forex with instant then we are going to be thwarted as a result of it absolutely was such a Na absorption quantitative relation. i feel forex could be a long-run business and takes the method to urge cash from there..
master123
2012-09-30, 07:13 PM
Yes I am agree with you that Forex trading is money sucking machine and it is sucking daily a huge amount of small traders and filling accounts of big traders but I think that if any traders have knowledge and experience he can avoid loss.
vicky
2012-09-30, 07:15 PM
I am totally agreed with you that Forex is the money sucking maching but as well as i do believe that Forex is the money making machine also when you lose you money in the market than you also can make money in the Forex market.so try to make money rather than losing money.
agree with you . actually in forex every thing is possible and its fully depend on trader themselves . if there is very good understanding then it may call money making business and if there is very less understanding then it may call money loosing . so i think its fully depend on traders .
Yes but if you have knowledge about forex market and are you expert in trading then its like money making machine and if you have not knowledge about then its loss making machine for you.
bceharun
2012-09-30, 07:32 PM
Of course forex is a money making machine, because its have to more opportunity to get bonus. but only need to more knowledge and experience about forex trading market. i think no one business can success without experience. so its possible to earn more from forex market if we have to know the all in forex. its clear that forex money making machine.
alibhai
2012-09-30, 07:38 PM
yes i agree with you forex trading is a money making machine which is very good for us. in forex trading we may get high amount of profit with forex trading because it havs a lot os money which may we get or may we get loss
rezafx
2012-09-30, 08:30 PM
I do not think so because the price moves in the forex trader is not alone, the trader only has a small part, prices move by economic conditions in the country of a currency, so it is important for traders to pay attention to the news in the news, for example forexfactory.com:peace:
lasker
2012-09-30, 08:43 PM
While at the Forex market is not limited to one or the other time slots, and traders can really open position almost any time they want, there is a certain market hours to trade Forex optimal. Merchants had to adjust to the market, not vice versa.
yogesh
2012-09-30, 08:51 PM
Of course forex is a money making machine, because its have to more opportunity to get bonus. but only need to more knowledge and experience about forex trading market. i think no one business can success without experience. so its possible to earn more from forex market if we have to know the all in forex. its clear that forex money making machine.
You said it right bro! forex is a tool that may be harmful in wrong hands but can be very beneficial if in right and experienced hands, so just need to go to gain enough experience and then potential profit is ulimited.
jawadanwar
2012-09-30, 08:56 PM
this is the characteristics of currency trading. if one earnings the other one is lossing. we should always think about excellent possibilities to start roles. we can not create earnings every instant and we better not to start roles in such circumstances.
putrafx
2012-10-02, 09:58 AM
Of course forex is a money making machine, because its have to more opportunity to get bonus. but only need to more knowledge and experience about forex trading market. i think no one business can success without experience. so its possible to earn more from forex market if we have to know the all in forex. its clear that forex money making machine.
it is a fact that many foreign exchange beginner believe that forex is really a money making device and they wish to become a wealthy within a day ,additionally they think foreign exchange is very smart way for make money and they don't follow any kind of forex market guidelines such as a nice income management guideline ,low risk ,they don't follow worthwhile trader guidance .as a result finally they misplaced their complete capita with regard to lack of knowledge and exercise
amit87757
2012-10-02, 10:03 AM
I do not think Forex is a money making or money sucking machine. It totally depends on your trading plan, if you not adequate knowledge and you are going to trade with Forex market it will sure Forex market will sucks your whole money. Forex trading is easy but making profits are so difficult, it needs knowledge and experience. Go and trade with good trading plan , a good trading strategy and after making good analysis the Forex will turn from money sucking to money making machine.
hanabare
2012-10-02, 10:33 AM
this is the characteristics of currency trading. if one earnings the other one is lossing. we should always think about excellent possibilities to start roles. we can not create earnings every instant and we better not to start roles in such circumstances.
i entirely disagree together with you that forex trading is a stroking machine a few things i think will be wrong or perhaps what get to look like which can be the people investing the market, right now there approach to industry is very completely wrong and they constantly think forex trading is a industry where one can grow to be millionaire right away or in merely a blink of your eye, that i think is definitely a wrong method and pondering.
even89
2012-10-02, 11:05 AM
choose forex as my bussiness just like taking a samurai right my hand. i could to kill enemy, but, if i don't have ability, shames like gonna kill my self. yeah, that what i feel. all of us know that trade in this market, is a high risk activity. but, as long as we keep our belief, there is no word of "give up"
Ups&Downs
2012-10-02, 11:29 AM
I do not think Forex is a money making or money sucking machine. It totally depends on your trading plan, if you not adequate knowledge and you are going to trade with Forex market it will sure Forex market will sucks your whole money. Forex trading is easy but making profits are so difficult, it needs knowledge and experience. Go and trade with good trading plan , a good trading strategy and after making good analysis the Forex will turn from money sucking to money making machine.
yes, i think only those who are angry or still new will say that this market is a money sucking machine. it is mostly because they still
don't know what to do in this business and so they are angry. but after a while he will understand how the market works and be happy with this business.
anowarbd
2012-10-02, 11:47 AM
I don't think so. Forex cant be a money sucking machine at all. The system and working process is known to all traders and there is no hidden matters in Forex so the line Forex is a money sucking machine is not correct to say. I don't believe that.
roro mendut
2012-10-02, 12:05 PM
I want to make forex as a cash machine.Basic knowledge is important because without knowledge no one can trade forex. When I say trade forex I mean trade forex successfully. Because process of trading itself is not something that is very difficult to do but earning the profits from trading is the real thing.
keya19
2012-10-02, 12:17 PM
As my opinion I never believe that forex is a money sucking organisation. Make if it was specified a target suchlike that then thousands of group would not race towards it. I imagine if someone is real disciplined then he makes money in forex.
pipsgreen
2012-10-02, 12:17 PM
the trading strategy that we have will determine whether the forex market will be a money sucking machine for us or not.
because if we use the wrong trading strategy we will lose money but if we use the suitable profitable trading strategy we will make money.
m.awais
2012-10-02, 12:26 PM
Forex business in order to become a money machine that does the trader forex transactions in this business should remain disciplined use of strategies and systems used are properly and correctly in accordance with a predetermined rule.../
Bocah
2012-10-02, 12:45 PM
i think if we have good analysis and strategy in forex trading complate with understand to use money management forex trading will ne our money machine .so all depend for us to learn to be profesional trader.
muiduzzaman
2012-10-02, 12:48 PM
Those people are say that forex is a money sucking machine who realy dont know about it. they are dont know how they realy can easily earn money from forex. i advice them that at first you learn about forex so well and then treading......
nqaccess
2012-10-02, 06:54 PM
a trader can become rich overnight when a large gain that is not expected, nor to lose. the world of forex trading is a very dangerous arena, there are only 2 options in it, lost or defeated, without knowledge and experience will certainly be bad, forex money like a vacuum machine for traders
sainkhan60
2012-10-02, 07:00 PM
it actually is a money sucWe simply make the trade easier and more understandable for us by just learning more about the business.king machine but it is like that for the people who do not know when to stop trading .i
shahriar1
2012-10-02, 07:12 PM
It depends on you . For some one forex is money making machine and for someone it is money sucking machine . Most of the trader do not learn before staring trade so they make loss .Who have proper knowledge , skill and patient can make profit .
subashbks
2012-10-02, 07:17 PM
well . Forex is a money sucking machine for those people who think its money making machine.. Yes most newbies come to forex for making quick profit without any work as they think its money making machine. . But as they are greedy they loss all the money.. But for an experienced trader who knows well about forex and has patience.. Its a money making machine though he never think like that.. So forex is money making or money sucking.. It depends on person's attitude
jahangir57
2012-10-02, 07:21 PM
ya, i am agree with you that is this money sucking machine. but it is also a good source of earn money. till you will be not perfect trader for forex trading, till than you will be thinking it is a money sucking machine. but i know you also can earn money by put your discipline on it.
imansby
2012-10-02, 07:30 PM
absolutely right in your opinion that money sucking machine forex adalam from small traders to large traders dimsukkan account. from here we have to be very clever to play the brain to use the techniques and trading strategies are telling us that money is not lost.
leader shafi
2012-10-02, 07:37 PM
depending on the tradernya own. For a qualified trader, forex course, is not the place to spend the money, but a place to gain profit. Unfortunately, some survey did say, that 90% of Forex traders are not successful, and only 10% are successful. it is too risky.
No the forex trading is not a money sucking machine, because it is the world wide business. If you consider forex trading as business then you can earn well. But you must need to learn forex trading completely to become successful trader.
"Forex Trading is money sucking machine" I am not agree with this sentence. Forex is a profitable business who has enough skill and experience about Forex Trading and Forex is Money sucking machine for those unskilled and inexperience people who has a little or no idea about Forex trading.
kutuk
2012-10-02, 07:54 PM
I also sometimes wonder like that, but if we think it is always balanced between the loss and gain, and some are able to generate a lot of profit from this business does mean there is a continuous loss
dollar
2012-10-02, 08:20 PM
absolutely right in your opinion that money sucking machine forex adalam from small traders to large traders dimsukkan account. from here we have to be very clever to play the brain to use the techniques and trading strategies are telling us that money is not lost.
i am not agree with you that forex is money sucking machine for small traders. if its money shocking machine then it dont give a big bad effect on trader like as big investor trader. if both trader are trading without apply knowledge and in greed then both are bad in such condition it will work as money shocking machine.
AD Capitalist
2012-10-02, 09:12 PM
Hello man i dont agree with you forex is not money loosing machine.But the principle of the market is that when someone earns other someone has to lose because it is the flow of the money....otherwise how the money will be created.It is competition to make money some loose some gain.
ObaFX
2012-10-02, 09:13 PM
i don't fully agree with you because you stand a chance to make money from the market no matter which way it goes, the difficult part is predicting which way the market will go and that is what you are trying to take advantage of as a forex trader, though you might not be 100% accurate but 80% accuracy is good enough
rabby87
2012-10-02, 09:14 PM
As we know that money in the forex is limited.The trades against you and whose lot size is bigger then you. your money will go to else account.
cnbc88
2012-10-02, 09:27 PM
Forex is not money sucking machine not money making machine. It just opportunity machine to generate money for those who able to use it properly. If you still have experience that forex is money sucking machine, it means you need learn more. Do evaluation and find it why forex still money sucking machine for you. Once you get the answer, you will know what you should do to change the situation, and you must do the changes to stop the machine sucking your money.
dibendu
2012-10-02, 10:31 PM
Forex is not only a money making machine but also it is a money losing machine too.Most newbie traders can't assign the market movement because they can't make proper analyze.As a result they open trade in wrong direction and lose their money.Here in forex trading only successful trader can be able to make money by trading.
eng.adham
2012-10-02, 11:36 PM
forex may be a money sucking machine for beginners who trade without any experience or strategies .. but it may be a money making machine for professional traders who have good experience and trade according to a good strategies .
asadkayani345
2012-10-03, 12:08 AM
Hi friends
Are you agree with me that forex is money sucking machine and on daily basis it sucks the money of small traders and accumulate the money in the accounts of big traders? As we know that money in the forex is limited and it transfers from one account to another. Let suppose if you open the position and market moves in your favor then its mean that forex is now getting the money of some one else who open the trades against you and whose lot size is bigger than you. If he will close the position then market will move to get your money now and if you will not close it then your money will go to some one else account.
g haan ap ne bilkul sahee bat ki he forex waqai mein aik money sucking machine he and ap is mein kaam kartay huey zara c bhi beahtayati karein gay to ap ko bhot bara lose dekhna par sakta he...
prince2
2012-10-03, 01:23 PM
I think Forex is a good job.it actually is a money sucking machine but it is like that for the people who do not know when to stop trading .i mean if you keep losing money in forex do not just keep depositing more to trade with and you should have a (limited forex budget) every month do not invest all your money .It is a true job.thanks..............
hasan5828
2012-10-04, 10:45 PM
I heard that the most of the traders about 90% they lose in there investing in the Forex and i heard too that we can trade always without any risk always this market in risk and we should be careful.
mlatif0333
2012-10-04, 10:57 PM
Some time forex is sucking money machine but some time we earn from this machine
Ghulam Mustafa
2012-10-04, 10:59 PM
My dear forex money machine will be easier and more if you are entering the market long with lots of experience my opinion is usually small traders is newbies who always fails is have not experienced. Its very commen and easy to work when you get experience from demo account.
mr kashif
2012-10-04, 11:09 PM
i think forex ko money machine nahi balky is main serious ho jana chahiye, taaky hum is main acha profit kar saken q k start main agar money money karengy to phir hamen forex main acha profit nahi ho sakta hai!
sayed2012
2012-10-04, 11:14 PM
yes i'm agree, Forex is money sucking machine because this is a good site for make trading forex and easy for this work. you should no risk of no invest for do this work and foreword this earnings dollar for invest.
Blackspider
2012-10-04, 11:19 PM
Forex is not a many sucking machine cause forex traders also earn from it too . We just don't loss here all time . If you say forex is a money sucking machine then you must be newbie . Cause all newbie first loss and then they start to earn from here.
mdmanikhost
2012-10-04, 11:24 PM
No,forex is not money sucking machine.Before we say this kind of talk,we shold learn first,what is forex trading.Then we talk about the thing.So please dont say this kind of tought.Trade your own risk.
armitsingh
2012-10-04, 11:27 PM
Forex market buhat he hard market hai is mein ap ko kafi experience ki zarorat hoti hai ye ub k liye sucking machine hai jo is ko pora pora time nai dyty jab ap ko loss hota hai to phir market ko dheaky k market down sy down ja rahi hai jab ap ka loss had sy br jae to is ko off kr dy ta k ap ka sara balance katam na ho jae is ko shekny k liye ap ko best kowledge ki zarort hai
ali1011
2012-10-04, 11:29 PM
Forex aik money sucking machine ka name nhi dey skaty ap ku k market to move kr rahi hy yeh aap p depend karta hy ka p apni position ko kaisy manage kar k profit earn karty hen is me jsut ap ko skills hon forex k bary me ap successful ho jaty hen
rabby87
2012-10-04, 11:35 PM
The forex is money sucking machine on daly basis. The money of small traders and accumulate in the accounts of big traders.
hooria
2012-10-04, 11:38 PM
hm agar aik prespective say dekhay tu waqe forex aik sucking machine hai jo kabhe ap ka paisa nikal kay dosroo kay account mein dal deta hai agar market position ap kay favour mein hai tu ap ko machine (forex) paisa day ga and agar ap kay liye favorable nahin hai tu dosre ko ap ka amount mil jaye ga
basit.online
2012-10-04, 11:39 PM
forex is money sucking machine but only for those who dont understands forex trading very well,and at the same time forex can be a ATM machine for those who know the basics of forexx trading
asadkayani345
2012-10-05, 12:12 AM
Hi friends
Are you agree with me that forex is money sucking machine and on daily basis it sucks the money of small traders and accumulate the money in the accounts of big traders? As we know that money in the forex is limited and it transfers from one account to another. Let suppose if you open the position and market moves in your favor then its mean that forex is now getting the money of some one else who open the trades against you and whose lot size is bigger than you. If he will close the position then market will move to get your money now and if you will not close it then your money will go to some one else account.
g haan ap ki bat sahee he k forex aik money making machine he and ap is se bhot achi amount earn kar saktay hain lekin is k liye jaroori he k ap forex ko achi tarah se seekhein and is ko is k rules k mutabiq karien and then ap is se bhot kuch earn kar sakein gay...
sudipmsc
2012-10-05, 12:16 AM
i think forex is money sucking machine.everybody can earn huge money from this market if they want.
sujad
2012-10-05, 12:17 AM
We know that money in the Forex is limited and it transfers from one account to another. Let suppose if you open the position and market moves in your favor then its mean that Forex is now getting the money of some one else who open the trades against you and whose lot size is bigger than you. Actually is money sucking machine but it is like that for the people who do not know when to stop trading.
balok
2012-10-05, 12:20 AM
actually it depends upon us that we will let the forex trading to suck our money or not because if you will gain some knowledge then i must say that you will definitely get the success otherwise forex definitely suck your whole money for sure.
The Blessed
2012-10-05, 12:26 AM
I think forex is to you whatever you call it. You said it is money sucking while someone call it a money making machine. I believe it all depends on your orientation about this market. Forex will definately suck your money if you don't do what you ought to do but it can be a money making machine if you know the right things to do.
fxsouls
2012-10-05, 12:48 AM
g han bilkuil ap theek keh rae hain forex trading market un traders ke liye money sucking machine hai jin ke pas forex market me trading karne ka experience nahi hota wo hamesha hi apna paisa forex market me lost kar baithte hain
DAVID RICHARD
2012-10-05, 01:20 AM
forex money tool will be easier and statesman if you are arrival the activity longstanding with lots of change my substance is unremarkably little traders is newbies who ever fails is hold not older
zahira
2012-10-05, 01:28 AM
We know that money in the Forex is limited and it transfers from one account to another. Let suppose if you open the position and market moves in your favor then its mean that Forex is now getting the money of some one else who open the trades against you and whose lot size is bigger than you. Actually is money sucking machine but it is like that for the people who do not know when to stop trading.
As money machine, to me, I would like to say that if a person wants to join trading as a full time job then a trader have to all the knowledge, experience regarding Forex trading. I think if you want to become a full time trader, first thing is that you should learn the market and then should develop a good winning strategy.
goldenmember
2012-10-05, 01:30 AM
No,forex is not money sucking machine.Before we say this kind of talk,we shold learn first,what is forex trading.Then we talk about the thing.So please dont say this kind of tought.Trade your own risk.
I think that forex does tend to suck money from people. You see that most forex traders fail, and they end up losing a lot of money. hence they have their money sucked from them. Even people who trade good SL and MM lose money.
alexan
2012-10-05, 03:38 AM
We know that money in the Forex is limited and it transfers from one account to another. Let suppose if you open the position and market moves in your favor then its mean that Forex is now getting the money of some one else who open the trades against you and whose lot size is bigger than you. Actually is money sucking machine but it is like that for the people who do not know when to stop trading.
In order to reap good profits from Forex, we have to aim for larger trading deposits, rather than stick with small-scale trading. I have since begun re-investing 50% of every profit I make.
hanabare
2012-10-07, 06:36 AM
I think that forex does tend to suck money from people. You see that most forex traders fail, and they end up losing a lot of money. hence they have their money sucked from them. Even people who trade good SL and MM lose money.
yes, step one that we should do just studying and exercising, we have to emphasis at these items very well. and it's also for our preparing for this enterprise because we all came to ecommerce for profit rather than for shedding. i really trust your assertions here my buddy, this will turn into a motivation for your others and also understand it.
arshad2280
2012-10-07, 09:15 AM
Yes it is a kind of money sucking machine because we earn profit and money it depends upon the time that how much time you give to the Forex along with the better strategy you can earn more and more profit but we should be in remain in limit and should not fall in greedy which is very worse thing.
pipsgreen
2012-10-07, 09:18 AM
Forex trading is never any money sucking machine however its a real enterprise . if we help make ourselves able to take obstacle then there is total opportunity to generate income here however, if there is not enough education as there are full possibility to loss almost all here in forex trading.
ringku01
2012-10-07, 09:28 AM
Of course i believe that Forex is a money making machine because there is no earning limitation in the Forex and traders can earn unlimited money from Forex and it is the best earning opportunity for all people i am really think Forex is a money making machine.......
---------- Post added at 03:58 AM ---------- Previous post was at 03:57 AM ----------
Those traders who think like you mentioned are true at their stance at some extent but not completely. Obviously everyone invest in this business thinking that this business will generate some extra money for him. But the greed factor should not dominate otherwise we will not get our goals.
Mohammadjamal
2012-10-07, 09:34 AM
forex trading is money sunking machine for those who are unexperienced and have a little howknow of trading. they oftenly loose their money and escape from trading as early. they donot know when we should close or stop our trading for our favour.
putrafx
2012-10-07, 09:51 AM
forex trading is money sunking machine for those who are unexperienced and have a little howknow of trading. they oftenly loose their money and escape from trading as early. they donot know when we should close or stop our trading for our favour.
if you feel Forex is really a money drawing it will be the money drawing machine and when you have believed Forex is really a money provided machine it will likely be a cash giving device. it's the way you trade and just what you do that matters, it's all within the mindset to create the situation. I'm positive as well as think that Foreign exchange is a big large opportunity to earn money.
Tozammel
2012-10-07, 10:04 AM
It is completely dependent on the traders who trade the forex.
If the traders are very expert and experienced in trading then it will be very profitable.
On the other hand traders can do loss all his capital if he dosent have any proper knowledge.
hina1
2012-10-07, 10:10 AM
nhe aisa bikul nhe hy , forex trading tu money making machine hy jo hmein money ern krne k buhat chances provide krti hy, hmiensirf hmara way of trading hi nuqsan punhchata hy , so hmein apni trading ko better krna chahiye
hassan347
2012-10-07, 10:45 AM
i think forex is not money sucker.if newbie loss their money because of their greedy and emotions and lack of technical,fundamental skills.if they got enough experience they are also can gain more profit. thank you and good luck
dareking
2012-10-07, 10:47 AM
forex ek bahut badi market hai, yaha par kafi logo ka paisa jata hai, aur kafi log kamate hai, lekin jo log trading karna nahi jante hai, un logo ke liye hum ye kah sakte hai, ki forex unke liye money sucking machine hai.:)
Hiron
2012-10-07, 10:53 AM
yes,i think it is 100% true and i also agree with the thread.many people come here ,invest here and earn much profit
aamirtaxila
2012-10-07, 10:58 AM
my friends forex is money sucking machine main app ki es baat sa agree karta hoon.forex ak best kaam hy main to es ko money machine he khata hoon....
Jipsy
2012-10-07, 12:46 PM
Yes. Your conception is correct. I think that Forex can help me to earn more money but many times due to mistake to catch the trends, many traders can lose money. But always it is not correct.
junaid.1
2012-10-07, 12:49 PM
ha g ye aik money making machine hai sucking ka matlab nai samjh aya k kis sense main ap ny use kia hai
makrazeeb
2012-10-07, 03:47 PM
Yes Forex is a money sucking machine for those people who just want to eanr a lot of money from Forex without learning it well. But Forex is the best place to earn money for those who are really want it in natural way. To start this business after learning it sufficiently is the best way to be a successful person in this life.
naziakhan
2012-10-07, 03:55 PM
forex ek bahut badi market hai, yaha par kafi logo ka paisa jata hai, aur kafi log kamate hai, lekin jo log trading karna nahi jante hai, un logo ke liye hum ye kah sakte hai, ki forex unke liye money sucking machine hai.:)
yes jin logo o trade karna nh ata hai wo es sa kabi bi earn nh kar saktay hai aur wo hamesha apna paisa loss hi karain gay .es liyay un ko cahiyay k pahlay es ko learn karay fr earning ki taraf ayay .tab hi wo earn kar sakain gay.:)
hpanoo
2012-10-07, 07:47 PM
forex is money sucking machine, i don,t believe that cause i use it my self as far as i am concerned it is a money giving machine it gives easy money to people who don,t want to go out for work
you are saying about easy money. but earning money is not an easy thing in forex. if you have understood the forex as such an easy money making system you are in a big misunderstanding. most of the newbies are with this misunderstanding and it is the cause for their frequent losses. but anyone can make trading as an easy thing by improving their talents and getting use of the talents.
Sunnyinnocent1
2012-10-07, 09:17 PM
i dont agreed with this statement that forex is a money sucking machine but this is for those who does not know what should do in forex and they can not do online busines or they do not trained proparly by there teachers infact forex is a plateform for all those people who wantt to earn from internet and they are serious in this
abu yousuf
2012-10-08, 01:26 AM
actually it depends upon us that we will let the forex trading to suck our money or not because if you will gain some knowledge then i must say that you will definitely get the success otherwise forex definitely suck your whole money for sure. We simply make the trade easier and more understandable for us by just learning more about the business.
blackjack
2012-10-08, 01:29 AM
Somehow you are right, but you can make forex money machine if you know how to trade, be disciplined and always respect the rules , and you will make money in forex market, but if you're gambling here, of course that Forex will be money sucking machine :(
This get rich quick attitude plays devastating role in new traders forex carrier. forex is not for get rich over night. its a business with high risk ad high returns. You can make good money in forex in long run if you trade well and profitably consistently. forex is not gambling.
farooq
2012-10-08, 03:20 PM
forex trading is also like a money sucking machine for those traders who have less knowledge about the forex and not have any kind of experience in trading and also not to practiced at the demo accounts.
Hiron
2012-10-08, 03:33 PM
i think it is true because i see that many many well known people come here ,invest here and earn more and more money,so that reason it is true
basit.online
2012-10-08, 05:26 PM
haan g mai to khush hun is baat sy k mainy achi tarah forex trading seekh li hai ab mery liye forex money sucking machine nai hai,bht sy logo k liye forex money sucking macine hai or bht sy logo k liye forex atm machine hai it depends upon traders
umairsaleem
2012-10-08, 05:29 PM
forex money sucking machine un k liye hey jo forex sehi sey use ni kartay aur wo loss pr loss kartay hain jo bhi kam kry sabar say kara phr ap log dekha ka ap katna profit earn kartay hain
elkashif
2012-10-08, 05:29 PM
Hi friends
Are you agree with me that forex is money sucking machine and on daily basis it sucks the money of small traders and accumulate the money in the accounts of big traders? As we know that money in the forex is limited and it transfers from one account to another. Let suppose if you open the position and market moves in your favor then its mean that forex is now getting the money of some one else who open the trades against you and whose lot size is bigger than you. If he will close the position then market will move to get your money now and if you will not close it then your money will go to some one else account.
forex market is machine money and machine loss in same time so you must to have more practice and experiance to make this machine get for you more money not taken your money
90% of the traders in forex loose their capital this is because they are not keen enough to notice their mistakes in forex of somes risk their capitol too much.
truegoa
2012-10-08, 05:40 PM
90% of the traders in forex loose their capital this is because they are not keen enough to notice their mistakes in forex of somes risk their capitol too much.
That is surely true that many traders loose because of miscapability of learning from experiences. Why is that? Because, research result said that many traders keep lossing over and over even with same or just similar modus. Many of us can not really learn from any mistakes and advises, and added by greedy feeling and revenge passion.
shozib
2012-10-08, 06:36 PM
i am a student .Are you agree with me that forex is money sucking machine and on daily basis it sucks the money of small traders and accumulate the money in the accounts of big traders? As we know that money in the forex is limited and it transfers from one account to another
Discordance
2012-10-08, 06:58 PM
Forex is a very difficult thing to do because the business has a high risk and high return, and usually return here less than risknya therefore should never fight the trend in your trading
maaado
2012-10-08, 09:23 PM
We simply make the trade easier and more understandable
for us by just learning more about the business
rasheed85
2012-10-08, 09:33 PM
yes of course forex is a money sucking machine and most of the time we suffer loss in this market but mostly we suffer loss due to our own mistakes we do not follow the market trend and do not read forecast on the daily basis that's why we suffer loss in this market.
mr kashif
2012-10-08, 09:36 PM
yes, i think forex is money sucking machine because forex is very profitable business for traders, if trader have experience knowledge patience in trading, & we can earn big money in forex we just need hard work to get our target in forex!
akshay1728
2012-10-08, 09:38 PM
To be successful in forex you have to be very careful and very experienced , if you are good at analysis and have good trading skills then you can easily get the trick of earning money from the forex
elkhawaga
2012-10-08, 09:40 PM
I myself see that the whole issue has to do with Bank learn well
And trust in your decisions and move away from greed and trying to take the goal of equal merchant capital, but this theory be correct when the debutante aims to win $ 500 in today's capital of $ 100 and thus rush and the result will be known no capital
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