Forex is money sucking machine?

[Grandhis]

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...

[seahawks90]

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.

[theboy2226]

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 too risky

[iwan]

I do not agree with your opinion, not all small traders go broke here. all have the same chance of making a profit, just different numbers between us and other large traders.

[ishvara]

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.

[forexman]

i dont think so how can you say like that everyone has a chance of managing the trades so it is not like gambling you said as one lost other wins,if that is like that betting also will be legal everywhere as it also like one lose other win but i think it is not like that and it is an investment and also will you say entire world is scam as money rotates from one person to other-no,it is not like that and forex is an investment as per me and if you have skills you can make money,it is not a robbing program or other and if it like that it would have stopped now

[pravi]

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.
You can put it any way u want. According to me its a heaven for experianced people to earn easy and fast money. Its always unstable and unpredictable. But that how it got to be. A trader is risking his own money for making profit. If luck favours forex can make a lot for trader. I see it as a jackpot.

[pravi]

bhai forex mein luch naam ki koi cheez nahi hoti hai agar rahi baat luck ki to luck sirf demo contest mein ajmaya jata hai real trade mein real trade to hum bina soche aur samjhe karte bhi nahi hai kyun ki humara ismein paisa laga hota hai demo contest to chalo gambling kar bhi le to kya hoga jayda se jayda contest nahi jeet payenge par bhai demo contest mein sab gambling hi karte hai usmein ananysis karne ka time nahi hota hai
My friend i look the chart for atleast 10-20min. Then i buy a lot when it reaches a lower resistance point and just starts to rise. I sell it when it start dipping 2-3 points. The range between my buying and selling point is what i called as luck. I know that for large amount traders they control the movement. But for small traders like me its nothing other than luck. I think you got my point.

[xiaotanghao]

I think it just depends on you.Sometimes you can say that forex is a sucking machine,because you are losing your account again and agin.But sometimes you may regard it as a making money machine,because you can profit so quickly there.

[atif58]

It is true that Forex sucks money. But also it is true for unexperienced traders. Without knowledge definitly you will loss and someone else will take your money. It is all about understanding the market and then making profit.

[twinkling star]

it might be possible, as I also does not understand it as how the forex work , how it gives profit to us and how it gives loss to us, how much forex deals with his customer, I thing that the way you are thinking is right, our money goes different accounts.

[mayengbam]

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.

its obvious if someone is to make money in forex then somebody has to lose thats the rule of forex market. this is a bit of tussle to get profit. Its just like fishing if you are using a fish line and got a fish which the fish line can support you will win and if the fish is big enough you may lose the line. So it sbetter for the beginners to focus on learning the market first.

[gosians]

its obvious if someone is to make money in forex then somebody has to lose thats the rule of forex market. this is a bit of tussle to get profit. Its just like fishing if you are using a fish line and got a fish which the fish line can support you will win and if the fish is big enough you may lose the line. So it sbetter for the beginners to focus on learning the market first.

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.

[wolfkamikaz]

forex is money machine and it's burn money machine too. if we do not have adequate knowledge, not willing to learn and just think with the mindset like that then we will not get anything.

[wazid201118]

Obviously sir!!!!its 100% true that every trader who does not know more about trading lose their profit here day by day.I don't say that all the time but most of time it happens with them whenever they come with a hope of earning profit they lose it.Big traders does not lose like them coz they face both earning and losing but small are only losing their money.So i can expalin it as a money sucking machine.

[kitt]

can you imaging if some one find great strategy that can make the profit for along time without big risk on capital and make EA for this strategy forex than will be making machine but for this time every body have prospect to lose and to win in forex .

[100c�]

That is the reason i said that forex is the money sucking machine and many trades lose their money and only there are some traders who are getting from this machine and those who are smart are getting money from it.

actually forex is a money machine but it is up to us how we will handle it. if we handle without any strategy then it is sucking machine if we handle with good money management and best strategy then it is money making machine.

[kaji]

Forex is not a money machine, so it takes hard work and good ability to get money from forex trading. if we assume that the forex is money and we assume the machine is easy to get money from forex with instant then we will be disappointed because it was such a sodium absorption ratio. I think forex is a long-term business and takes the process to get money from there

[bregeston]

Daily Profit can be achieved if we patuhin Rule OP. Conversely if the OP rule is violated, so the daily profit daily MC gan. Believe me, many traders who went mis out since pursuit of profit does not rule following OP. i'am example,send away for my SL sure as hell always put whatever you OP.

[asheeshgi]

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.

hahahaha appp ki baat to wqi he kafi had tak thik he ha ye waqai he money sucking machine lagti ha mugh ko kai dafa to main dekhta houn main ne es mian apni koi bhi investment na nahi ki phr bhi main es se kafi profit kaama rahoun or woh bhi to kisi ka ho ga na esi liye main es ko money sucking samghta houn

[lgarhboularbah]

yes we can say that but the forex is making machine too just look at some history of the profiisional traders and you will see that its so easy to make money i guess that the secret of the success at the forex is the management and take the adventages with big lot size

[ishvara]

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.

[realman]

Forex may money sucking machine if you give space. Good trader also sit of this opposition position. Small trader also feel it. Because they no way to control this without clever.

Personally I do dot believe it. I think if we know the Forex market sell. Possible to make it easy. First time also I did think, But present time I very confident.

[Thakur]

Forex will always suck money if you are greedy in trading. You will need to use discipline for trading and good MM. Always traders after loss of money will always want to invest more because they feel that they can always revenge the market. Only good training and good strategy with MM will make you have profit in forex, and make for money making machine for you.

[balakalimuthu]

From the experience of most of the traders who do trade without proper plan and education, definitely they will find Forex as a money sucking machine. But I strongly believe if we have proper knowledge in all the aspects which are essential for Forex trading, then surely Forex would be Money generating machine only...

[gosians]

Jo log ye khty hen k forex trading main invest krna tu bilkul bykar hy ic main koi reward nahi milta wo actually forex trading ko theek sy smajh nahi pat, wo just ye smajh k ya sun k aty hen k forex is too easy to earn big money but they don't know that they need to work hard to make forex easy for them.

[donofforex]

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.
han ye money macking machin e bhi ha or money sucking machine bhi ha ye money sucking i=un k liye ha jo es main lose hotey hane or ye money macking un k liye ha jo es main se profit kamatey hane esi liye ye dono action play karti ha main app ki baat se ikhtalaf nahi rakhta

[kitt]

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...
this is true you are right more than 90% of traders lose in forex that mean that there is no robot can make a profit from forex market but that does not mean there is no success strategy but we do not have success EA.

[fxquest]

in experienced hands forex is a money making machine in my view but that is when it comes in novice, unexperienced and wrong hands it beocme money sucking machine.

[ishvara]

it depends on your way in dealing with Forex
i have read many comments talking about this topic and the majority of them were saying
if you learned Forex in the right way
and trade obeying all Forex rules
you can be at that time like the one having "ATM" at his home
and can get money whenever he wanted that

I agree with you, it all depends on the way that we are trading forex markets. It would suck the money of the trader that has inadequate trading skills. Traders with adequate skills would simply make money from it.

[rajesh]

That is the reason i said that forex is the money sucking machine and many trades lose their money and only there are some traders who are getting from this machine and those who are smart are getting money from it.

[tajdarbet]

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.
hhha app ki baat bilkul thikha main khud app ki baat se mutafiq houn kioun k main ne yahan dekha ha k forex main kafi risk ha or kafi log yahan par apni money lose kar chukey hane es liye ye money socking machine ki taran lagti ha

[ratnakr]

be a great trader. Continue to increase knowledge about trading. Making a good MM. and create a scalable trading plans.
feel very suck if we run out of capital because of carelessness run trading plans.

[raka999]

if any new trader read you statement he will be agree with you but if we see it systamatically than this is not possible because every trader is trading according to his own mind. No body can sucks the forex market and remeber it moves with bullions of dolllers that are gerenally effect its price movement. So a trader or a grop of trader cannot effet the market.
yea, i agree. was right in the forex market, the big boys can determine the market direction. but, in the forex market there must be regulation. in my opinion, is not true that large traders sucks money from small traders.

[norix]

yea, i agree. was right in the forex market, the big boys can determine the market direction. but, in the forex market there must be regulation. in my opinion, is not true that large traders sucks money from small traders.

it does not necessarily
keaddan kitajuga can see whether the country was in better condition, negative or indifferent to the circumstances must also affect the movement of a price so it's not just people who have large fund

[chetan]

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.

[chetan]

Jo log ye khty hen k forex trading main invest krna tu bilkul bykar hy ic main koi reward nahi milta wo actually forex trading ko theek sy smajh nahi pat, wo just ye smajh k ya sun k aty hen k forex is too easy to earn big money but they don't know that they need to work hard to make forex easy for them.

[aryan]

yes, many traders think that just because they didn't find any success method that doesn't mean forex is a fake. forex trully dependable as the source of our income. but it's not easy to create such source, we need process that involve learning, practicing and managing.

[narendra]

stop loss newbie ko use karna chahiye kyun ki wo market ke bare mein kuch nahi jante hai aur without knowledge trade laga dete hai samjho gambling kar dete hai aur galat trade ke karan sara money loss ho jata hai unko jaydatar stop loss use karna chahiye

[narendra]

bhai forex mein luch naam ki koi cheez nahi hoti hai agar rahi baat luck ki to luck sirf demo contest mein ajmaya jata hai real trade mein real trade to hum bina soche aur samjhe karte bhi nahi hai kyun ki humara ismein paisa laga hota hai demo contest to chalo gambling kar bhi le to kya hoga jayda se jayda contest nahi jeet payenge par bhai demo contest mein sab gambling hi karte hai usmein ananysis karne ka time nahi hota hai

[vineet]

bhai forex money making machine hai bhai forex se paisa kamana itna bhi asaan nahi hai jitne kayi log samjhate hai main ye bolta hoon jab tak forex ko 2 se 3 saal nahi doge tab tak aap ek aise trader nahi ban sakte hai jo daily loss se jayda profit kamate hai

[scorpian7]

I strongly agree with you .Forex has become money sucking machine for almost 95 percent of the trader around the world. I know various Introducing brokerage houses who become scams when they were not able to protect their clients funds. People started thinking that they were cheaters but actually due to lack of knowledge it happened turning to be the worst nightmare for money managers.

[rederok2]

in forex need a lot to learn before we can get a wealth of forex but not everyone gets a satisfactory result there are also traders who give up because it has suffered many losses when trading

[amit]

if anyone trades within the definite rules and regulations i don't think that Forex can suck money from us ,instead it becomes a money giving machine to us from which we can expect unlimited money .Just we have to be disciplined and passionate about this business to make it a successful one.

[gemmy]

I don't think also that it is a sucking machine , i see that it depend on that trader himself if he has a well experiences and well learned and make his money management he can gain more than he make losses .

[bestlooser]

yes it is when there are a beginner traders i think that they will lost if they trade with a big lot size but it is making money machine in the case that the traders using them experience to trade successfully
yes when you will take risk then you should expect losses too and it is not going to be the fault of forex market as this is going to be fault of your own and good traders really use it well and make it money making machine.,

[adahidayat]

i think that forex trading as a sucking machine for those people who are newbies and do not trade with a good strategy and do not follow market news ....so they will always loose money ....so we can say that if someone trade sensibly and do not trade with greed and also follow a good strategy and forex rules, then for them forex is not a sucking machine and they will make a good profit with it....

[got2luvyou25]

I don't think also that it is a sucking machine , i see that it depend on that trader himself if he has a well experiences and well learned and make his money management he can gain more than he make losses .
Monmey management to yehe teach kerti ha her trader ko apni limit main reh ker trade kero , but aik thing which i have noticed that jeb tek ap right time entry kerne k able anhi hote teb tek MM kam nahi ker sekti even apke pass ability ho don`t you can be owner of each pips movement

[anubhavsingh]

I don't think also that it is a sucking machine , i see that it depend on that trader himself if he has a well experiences and well learned and make his money management he can gain more than he make losses .

forex un traders ke liye money sucking amchine hai jo ki bina analysis ke trading karte hao..aise traders ko gamblers kehte hai aur aise traders forex me loss me hi jate hai
lekin jo bhi trader soch smajh ke aur study karke trading karte hai unke liye forex money making machine ban jata hai

[yogesh]

It is well known fact that forex trading is risky business, and no trade is fully safe - and so there are people losing in forex trading it is as much true as the truth of traders making profit here. Remembering the risk factor we should trade for profit and use risk management tools to not let losses grow bigger.

[anitagala124]

in experienced hands forex is a money making machine in my view but that is when it comes in novice, unexperienced and wrong hands it beocme money sucking machine.

[amit]

yea, i agree. was right in the forex market, the big boys can determine the market direction. but, in the forex market there must be regulation. in my opinion, is not true that large traders sucks money from small traders.

[Nabi Ahmed Gill]

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 of course forex tading ak profit gain karan ka lay forex traind sub sa achi site ha is sa achi site or koi nahi ho sakti to bus forex trading profit ya doller ya money kamana wali machine ha agr forex trading sucking michane ha to phair forex trading ek doller khana wali machine be ha

[bestlooser]

dear i think the forex money making machine is not for those who are just gambler and only trade with the help of luck ,i think luck is only can help you in one or two trades and then you can lose your money.
yes for gambler and bad traders surely. because they do not know the way to make money and in fact they lose there money. forex is a business that can be learned. so for me it is good machine and I have no complaints.

[jmsblack18]

Forex is money field. No one from our losses will take by other except your broker market maker type who againts their client. In fact our money gone to our liquidity provider such as bank. So if your money sucked in forex it because your wrong. Don't blame other for our losses.

[fxtenam]

for me this is not true. i am 100% sure about that forex is not a money sucking machine. yeah this is also true that many trader have lost their money in the forex market. but it doesn't mean that.

[rano53]

newbie kie laye bilkol forex aik money sucking machine hai hai,lakan professional bandie or jo experince rakata hai forex trading mie or study karta hai market ko oss kie laye forex money givey machine kie tara hai...

[rock]

Forex is a money making machine if we go for the trading with the patience and also we have to go for the trading with the experience and for that demo practice is important ....

[kalponick]

This is just what one of my colleague told me about forex.. But I did not listen to him and joined forex.. He said something about forex because he lost heavily on this market.. and people try to blame everything when they cant achieve something... this is why its not a good idea to listen everyone.. you must judge everything in your own..

[anubhavsingh]

For me I find that Forex is a money machine and this machine will burn our money. if we do not have sufficient knowledge, willing to learn and not just think with the mentality like that then we will get nothing so always good to know things in Forex before you start.

forex money making machine hai lekin har trader money nahi bana sakta forex se..forex se money banane ke liye trader ko bahut hi hard work aur dedication ki zarurat padti hai kyunki forex me poori study ke bad trading karna zaruri hota hai tabhi aap lagatar paise kama paoge

[kuldip kale]

its depend upon the traders quality that is how the trader doing trade trade in forex if a trader doing trade in forex is not so good then the forex will be a money suckining machine for him rather than forex will be a money making machine for a good trader

[tarun2305]

money sucking machine uske liye hai jo consistently loss kar rha hoga lekin jo regular profit karta hai uske liye to forx money giving machine hai,,ur seriously speaking forex me sab koi ni reh sakta it has positive and negative effects both

[rock]

Yes forex is a money making machine we have to go for the trading with the improved skills to get win here and earn lot of money also we have to practice lot in demo to get perfect.

[Ahsan]

Actually i not think forex like you. Although forex is a good money making business. But all depends on trader efficiency. An educated trader can make consistent money from forex and the man who don't know about forex market clearly but trade in market can loss again and again that's it.

[girish]

it does not necessarily
keaddan kitajuga can see whether the country was in better condition, negative or indifferent to the circumstances must also affect the movement of a price so it's not just people who have large fund

[girish]

bhai jab bhi trader ko loss ho to stop loss k saath hi loss ho na k loss khula chhor dia or account blow ho geya,stop loss zeroori hey or jab loss ho trader ko apni ghelti find kerni chahiye trading rok ker or demo per thori der kerna chahiye jab tek aap ki trading theek nehi ho jaty

[girish]

forex money sucking machine un k liye hey jo forex sehi sey nehi kertay her trade per loss kertay hien or loss per loss ker k apna account kho baithtay hien isi liye failure traders more than 95% hien, bes 5% hi survive ker paatey hien

[naziafarhan]

I never think that forex is a money sucking machine. Cause if it was such a thing like that then thousands of people would not rush towars it. I think if someone is very disciplined then he makes money in forex.

[anoha]

Yes Forex trading means that means that money is trading between people .....
Traders are losing over against them in the dealers Arbhonowaeks is like gambling table .....

[newentry]

agree with you and everything can be happen here besides this is the fastest way to get the money or some people say that forex is money machine and also this is the fastest way to loss all the money..so all depend to their ability and knowledge to see this business with clear

[Ronak]

agree with you and everything can be happen here besides this is the fastest way to get the money or some people say that forex is money machine and also this is the fastest way to loss all the money..so all depend to their ability and knowledge to see this business with clear

forex is good opportunity to earn money...but its not a machine at all....money making is simply done by the individual trader with hard and sincere effforts made...so its all about hard work.not automatically rising of money

[forexgain]

it can be money making machine or money sucking machine both. it depends on you that how do you take it and how do you make use of the forex. for traders with patience and good strategy combined with experience, it is money making machine and vice versa for traders with no strategy

[shahmehdi]

hi dear traders
i have some views about Forex is money sucking,as you know Forex trading is the name of two things one is profit and second is loss when we take any position which gives us profit or goes to our favour then we get happy and get money but when this position goes to against our acceptetion means to say in loss then we Argue that Forex is money sucking.while it is true that it is the mixture of give and take money

[darksaimon]

Forex newness commercialism trading is never a money sucking playacting to postulate ourselves in. We simply head the dealings easier and writer understandable for us by vindicator acquisition statesman near the playing.

[babu]

Jo log ye khty hen k forex trading main invest krna tu bilkul bykar hy ic main koi reward nahi milta wo actually forex trading ko theek sy smajh nahi pat, wo just ye smajh k ya sun k aty hen k forex is too easy to earn big money but they don't know that they need to work hard to make forex easy for them.

[forexman]

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.
it is foolish thinking if what you said is true forex wont be famous all over world,forex runs on countries economy but not as a betting between buyers and sellers,even if you have small amount you can tarde safely with small lots like o.o1 but most of tarders take high risk and think like you and even me had lost several times but i never think it as gambling or what you saying and also in every business losing and earning is common if you workhard only you can achieve profits in any business around world

[babu]

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.

[michael]

Yes Forex machine is sucking money losers losers in this trade. Now a successful merchant, which absorbs money Forex and not vice versa. There is a group of friends who is with me in Forex Trading. Of them won and some of them lose. But the success comes after perseverance and continuity. Loss now does not mean failure. Know it is wrong and continue to make a profit.

[mouhamado]

Nononono,I never think that forex is a money sucking machine. Cause if it was such a thing like that then thousands of people would not rush towars it .I think if someone is very disciplined then he makes money in forex. You need to have proper forex education,good skill and good system to trade with the market .If you don't have allI mentioned here then the market will suck your money dry.

[marjuck]

forex is not money sucking machine and it is a money making machine. if we learn forex and do more and more practice in demo forex will be a source of great income for ours. small investor loss their money because of lack of knowledge.

[oscar]

forex is money-sucking machine if trader treats their trading account as gambling capital.
we must realize that forex is a long-term business and should be treated seriously to achieve results consistent profit

[hotshotboyz]

I don't agree with that forex is a money sucking machine. All the things is learning and earning thats it.

[sabutkelaparasaduren]

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.

this will only happen if you do not have a weapon powerful enough to compete. when you make an analogy like that, you just believe that the fight will be your opponent beat if you have a deadly weapon. how to have a lethal weapon? learn and practice. that's all.

[ali1011]

meray kehyal sy forex is not moeny sucking machine ku k agar apko is key bary me proper knowledge hy to ap is ko yeh nahi keh sakty yeh wo log comment karty hen jo knowledge k baghair trade kr k loss krty hen .

[silverfx]

if you dont have good money management,if you dont have good knowledge about forex,then yes forex will hunt your money.will be called money sucking machine.but if you have good strategy,then will be called money making machine.

[Maham Gill]

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 is a shaking machine
yes of course forex trading is a shaking machine ha is min ap jatini money delata jo trading main zam hoti jay ge forex trading ak shaking machine ha too forex trading ak money denana wali machine be ha agr ap best strategy ka sath kam karta ho or apna emotion ko control karta ho to ya anda dana wali maghari be ban sakti ha.

[asingh601]

bhai aisa bilkul bhi nahi hai Forex me agar dhyan se sikh kar kiya jae to kabhi bhi bara loss nahi hoga aur agar news ko dhyan diya jae to bahut earning ki jaa sakti hai isse halaki maine bhi bahut loss kiya hai real pe par aab sikh jane ke baad loss kam aur profit jayada hone laga hai.

[Forexboy]

Yes it's true that Forex is a machine that makes us money. But if we do the job then is 100% sure we will lose our money. Beside this if we trade with all analyzes, then it is always giving money to the machine.mais I believe that over time we will have the opposite.

[ghaffarali]

I think forex is money sucking machine for only those who are ignorant and are not serious in money management policy, other wise if you work hard with full concentration forex will definitely pay you out from your efforts,I have seen a number of peoples blaming forex as a fraud but in real sense it not so
Forex is rsther money making machine...

[sspences88]

:))) yes bro mere khayal me to forex ek sucking machine ha ,or ma suna ha 90% log forex trading me loss uthate ha sirf 10% profit me,i believe k ye hmari b galti ha k hum bgair knowledge k forex trading shru kr detay ha,or isi wja se loss hota ha:woo:

[Morshedul]

I do not say that i disagree with you. But there are some conditions according to this topic. Forex is a money sucking machine for those who have lots of knowledge in forex and can trade well. But for amateur it is not a money sucking machine because they do not know how to trade well here and how to survive. But for experts, i totally agree with you.

[dineshji]

Jo log ye khty hen k forex trading main invest krna tu bilkul bykar hy ic main koi reward nahi milta wo actually forex trading ko theek sy smajh nahi pat, wo just ye smajh k ya sun k aty hen k forex is too easy to earn big money but they don't know that they need to work hard to make forex easy for them.

[dineshji]

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.

[dineshji]

my friend its depend on view of thinking. if you think that its money socking macing than it will.
but here i see many trader they also made a very good earning.
in forex earning is depend on trading experience if we have good than forex is not money sucking machine.

[waqarme2]

oh its great that you tell me about this thing, actually i am the newbie in this field of trading in forex, and i think that it helps me also in the future when i have to WD my money and then it will be clear to me, but i think i have to search also for this particular saying.

[dineshji]

it might be possible, as I also does not understand it as how the forex work , how it gives profit to us and how it gives loss to us, how much forex deals with his customer, I thing that the way you are thinking is right, our money goes different accounts.

[Ronak]

my friend its depend on view of thinking. if you think that its money socking macing than it will.
but here i see many trader they also made a very good earning.
in forex earning is depend on trading experience if we have good than forex is not money sucking machine.
every trader has her own aspect towards the forex..some thinks that its too difficult and leave it off while some are stubborn that stuck to forex untill they properly learned it...so believing forex machine is wrong in my view

[preetksgill]

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.

if you invest money in forex then you can call it as a money[ su]cking machine if you make losses non stop, but if you never invest your own funds and trade normally then forex is a money making machine as your personal funds are never involved here

[waqtitrader]

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.

han gi app ki baat kisi had tak sahi ha kioun k main khud es ka experince kar chuka houn main ne es mai n big lot par ek trade open ki thi es ne mugh ko us main kadi big loss diya tha jis se mugh ko es ka andaza howa tha k ye to money sucking machine ha

[dmambi]

Forex is a beautiful machine to spin the money , but if we don't know how to handle it then it will become money sucking machine. It is an Intelligent machine which gives money to a trader who trade with proper rules, else it will suck all of your money and make you a looser.

[sspences1989]

aik naya trader ka liya forex trading is liya paisa chosna ki machine ha kyun ka os ko is ka bara maitna koi khas ilm nahi hota ha or jab os ko loss hota ha tu un ka khyal sa ya paisa chosna ki machine ha lakin agr wo trading karna sa phala demo account pa practice kar lain tu ya un ka liya kafi bhatar ho ga :yahoo:

[dineshji]

this is true you are right more than 90% of traders lose in forex that mean that there is no robot can make a profit from forex market but that does not mean there is no success strategy but we do not have success EA.

[dineshji]

can you imaging if some one find great strategy that can make the profit for along time without big risk on capital and make EA for this strategy forex than will be making machine but for this time every body have prospect to lose and to win in forex .

[taqiniazi]

who said that Forex is Money sucking machine. Forex is very good and best business but only when if you have good knowledge and have ability to make good strategies.

[silverfx]

if forex is a money sucking machine then why forex related with world global exchange business ? of-course forex is profitable and thats why people love forex and i believe that forex is money making machine.

[maurya]

It is true that Forex sucks money. But also it is true for unexperienced traders. Without knowledge definitly you will loss and someone else will take your money. It is all about understanding the market and then making profit.

[rock]

ya forex is money making machine we have to for the trading here with the patience,experience,knowledge,improved skills so that we can be winner and earn lot .Also we have to go with the news ..

[bjbh427]

I think that it is a money sucking machine and similarly it is a money making machine as well and the reason is very simple. It takes money from one and gives to the other. The only person who remains in profit in every trade is the broker. :)

[tashnotashi]

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.
han gi app ki baat sahi ha k forex trading main to ha na app ko chiye k app losses se bachain kioun k ye just like sucking machine bhi mashhoor ha kioun k es main kafi logoun ko loss bhi howa ha es liye ham es ko money sucking machine bhi kehtey hane

[cac4a26]

it in fact is a money sucking apparatus but it is like that for the humans who do not apperceive if to stop trading .
i beggarly if you accumulate accident money in forex do not just accumulate depositing added to barter with and you should accept a (limited forex budget) every ages do not advance all your money.

[nizamitrading]

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.
han forex trading waqi he money sucking machine ha kioun k mugh ko pata ha k es main kafi loss hota ha e sliye es ko money sucking machine kaha jaye to sahi ho ga or main he nahi sab log kehtey hane es ko money sucking machne

[dweet]

It is a money sucking machine for most traders but money making machine for some lucky and good traders :)
Whether it is a money sucking machine for us is depending on our expertise on how to read the market, how to control our emotions, how to manage our money, how to handle losses, how to handle winning trades, etc.

[yaar]

it does not necessarily
keaddan kitajuga can see whether the country was in better condition, negative or indifferent to the circumstances must also affect the movement of a price so it's not just people who have large fund

[rock]

We have to go for the trading with the patience and experience and so that we can win here lot also we have to go for the trading with the news and if we dont go with this the forex is money sucking.

[kutuk]

indeed we hope that each of us in forex trading to make profits as much as we can but the results are sometimes inconsistent with what we want, we want a profit, but losses are obtained

[taufiqbd]

I'm not agree with your comment, if any person expert in any business then he easily earn huge profit that other can not do but if any person does not know the secret weapons of a business then he face big loss. Forex is just like it, if you want to make profit, you must have gather knowledge. Never think that it is money maker machine.

[zoomfire]

no i disagree.this statement will seem to be true for people who lose constantly in forex.
although i have lost much i never feel like this.
i always consider forex as a money generating machine.

[mojcris]

I also think that forex is machine that can help us become millionaires , but there is a criteria which is being experienced and learned the skills, if you gain the experience the you are able to earn as much as you want :)

[birbolnath]

I think, its not right that forex is a money sucking machine. Its a business so anyone can fall in loss or gain profit from here. But good knowledge and skill can help you avoid loss. That means its not that you are always in profit. If you take it as a trade market then you avoid this type of negligence.

[wendhrie]

For people who are greedy and do not know how to keep their emotions, forex is a good place to throw money in vain. But for traders who have the skills, forex is a good place to benefit.

[newentry]

not also, for some traders who have good knowledge and experiences at this business they will say that forex is money machine, and then they become a good trader and get much profit from this business, so for it we have to see this case from 2 sides...

[got2luvyou25]

no i disagree.this statement will seem to be true for people who lose constantly in forex.
although i have lost much i never feel like this.
i always consider forex as a money generating machine.

jeb loss he kar rehe ho fir ap aisa kaise ekr rehe ho
aik baat jo main manta hun wo ye ha k ye traders ki ability per depend kerta ha k forex se kis terhan advantage letey hain .
As you can hum apni hi mistake ki waja se loss ya qulaity ki waja se earn ker patey hain

[mojcris]

that's true , it may become sucking machine ! but as I always say before you start trading real or at least start trading with huge money , we have to learn enough then practice enough with Demo account then try to make forex market our money making machine :)

[ghaffarali]

Forex is money sucking machine for those who are not trained and have insufficent knowledge about forex. Those who have no plan and strategy in their method of earning. Otherwise forex is a money making machine if you work hard hard in it it will surely pay you out

[mumtaz007]

hi,
you are asking that forex is money sucking machine.i am not agree with u forex is a wast platform if enter with sufficient experience this will not suck ur money otherwise in every field of life without experience u will face a lot of problems.i like forex field

[bdboy]

If u not maintain a technic then of course it is a money sucing machine. But if u have experience in forrex trade then it is a money macking machine. Its all depends on someone stratagy. So get learn forex then come to real world.

[plkent]

Your Think is absolutely correct. If we are all time take loss. Forex is a money making machine and it is money sucking machine. It is depend on a trader. We want a lot of money in one night. for this reason we always get loss. It also learning, But we should always be careful. We should take a limited profit. For our high demand going to us lot of losses. So, always trade with low volume, you will be gainer.

[netra]

Many traders say forex is money making machine and now in this thread it says forex is money sucking machine and it can be a money sucking machine if traders do not trade properly or analyze these markets properly then they will loose money in the markets.

[rahool]

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 brother I agree with you in the forex market is a machine that sucks money, so we must make a stop loss at all our orders within trading, for what it is bad business to continue to leave open a losing operation must be limited our losses and our profits before enter in this market.

[dlesar]

Forex is money sucking machine?

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 is a machine for profit and loss profit at the expense of people and people at the expense of the high currency and another currency may make the foundation to support and increase the value of currencies.

[tarun2305]

because forex is a zero sum business, so in the process and rule is if someone is to make money in forex then somebody has to lose, therefore in make money on forex depending on the number of experience as well as the quality and quantity of the ability of self, who's better, can get more money

yes agar aap kisi trade se agar loss kar rhe ho to aisa koijaruri nahi hai ki sab loss hi kar rhe ho aisa bhi ho sakta hai ki usi trade se bahut se log profit bhi kar rhe ho..isliye sab kuch experince par hi depend karta hai

[shamim3040]

Yes.Its called money sucker machine because forex is like a grumbling business.
Where lots of people lost their main capital.

[got2luvyou25]

it is not the market which sucks money , it is we who always try to ruin ourselves , due to lack of knowledge of understanding. so one must not blame the market for misdoings. try to follow the rules and enjoy

Aik trader ko serf isi waj a se losses hotey hain k wo market ko sehe terhan learn nahi kerta or bad main frustarted ho jata ha , so seb se pehel jo trader is business main ana chata ha us k leye kafi important ha k is business ko learn ker ley ager wo aisa kerta ha tabhi ja ker is market ko sekh pata ha

[silverfx]

forex is not mony sucking machine.but we are losing money for our own mistakes.specially traders losing for too many entry orders at the same time.and losing within Short time.better to follow management.

[ishvara]

Forex is both a money making and a money sucking machine. In this view, traders should understand that it is a good knowledge that a trader posesses that would enable them to make the best profits from forex trading.

[dmambi]

For those who does not obey the rules of Forex trading , yes it becomes a money sucking machine from money making machine. I believe that it is a simple machine and it depends on us how to use it wisely. We should learn how to generate money by proper learning and understanding.

[lovebird]

It is apodeictic that Forex sucks money. But also it is rightful for unexperienced traders. Without knowledge definitly you gift loss and someone else instrument swear your money. It is all about apprehension the market and then making profit.

[lovebird]

I think so umteen traders who traders in loses 5000$ in a one day trade.they want to eliminate their money flex.But unluckily they decline all their money.So they say that forex is a money suck organisation.

[wendhrie]

If you trade without analysis and strategiesand also can't control your emotion, that is absolutely right. For people who are greedy and do not know how to keep their emotions, forex is a good place to throw money in vain. But for traders who have the skills, forex is a good place to benefit

[kapil_chemical_07]

You can not claim it.Every business has profit or loss.Every bussiness is risky.It is true that, forex market is more risky than any other business. But, It is not a money sucking machine.Thank you for post.

[forexgain]

forex becomes a money sucking and money destroying machine only when you do not make your head straight and make the trades as per the plan and make turn yourself into a good trader

[sasa0220]

One might argue Forex is a money making machine rather than a money sucking machine. We are here to make money. not to loose money. So we try to make a good analysis and earn money. there fore we consider forex is a money making machine but not a money sucking machine. It depends on the what side you are in.Whether you are in winning side or loosing side. Personally i believe Forex is a money making machine as there is a big potential to make a good income with forex trading

[yogesh]

forex is not mony sucking machine.but we are losing money for our own mistakes.specially traders losing for too many entry orders at the same time.and losing within Short time.better to follow management.

You are right if you lose continiously and cannot succeed in forex trading that is due to your own weekness and mistakes, and so people may call it money sucking machine or something... but analysing wisely and having a good strategy you can make handsome returns from the same market.

[rahulsagar]

bhai jab bhi trader ko loss ho to stop loss k saath hi loss ho na k loss khula chhor dia or account blow ho geya,stop loss zeroori hey or jab loss ho trader ko apni ghelti find kerni chahiye trading rok ker or demo per thori der kerna chahiye jab tek aap ki trading theek nehi ho jaty

[rahulsagar]

forex money sucking machine un k liye hey jo forex sehi sey nehi kertay her trade per loss kertay hien or loss per loss ker k apna account kho baithtay hien isi liye failure traders more than 95% hien, bes 5% hi survive ker paatey hien

[traderapes]

Your thoughts are not wrong, but I do not entirely agree. We can still get profit in forex trading if we study it in earnest. small traders mistakes are thinking that forex is a fast way to make money. That's it.

[hardworks]

Forex is money sucking machine?


Yes, Forex is money sucking machine for those who just entered in to the Forex trading without proper knowledge. And also for those who have lacking. So, try to get some experience to avoid loses. You may face loses even if you are having experience, we should try to get overall profits and not in all deals.

[anoha]

Yes I agree with you ... a lot of beginner traders think that Forex is a money machine will give them what they want
When entering the account the real and find themselves losing Ajdo it to the opposite .. but the truth of Forex in a sea of ​​money, but how you can take it Matrade this is important and this needs to be lacking in experience more traders

[rbs]

Ifd we don't want forex to be a money sucking machine, we have to develop a trading system. The trading system provides answers for each of the decisions a trader must make while trading. The system makes it easier for a trader to trade consistently because there is a set of rules which specifically define exactly what should be done.

[sabutkelaparasaduren]

i don't go for hunt more profits within same day. Traders who don't have trading plan i think they are looking for hunt more profits within a day and after all they get losing trades

yes, you are saying is true. someone who does not have a mature plan is likely to spend the shortest possible time to get to as much as possible. but even then he would lose as much anyway.

[cuongnmftu]

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 is the international interbank where you can invest and take money but before you can take the money, you must lose a lot of them, i trade forex and i know about this, but you can learn so much with your lose

[meu]

===>>>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 too risky.

[sanvol]

sir akser log kehte hain ke forex money sucking machine hai aur akser kehte hain ke forex money making machine hai kya kabhi kisi ne ye socha hai ke jo log ye kehte hain un logo me kya difference hota hai kyun har trader ka comment same nahi hota forex market ke liye?

[jahangir2812]

I think it is beside yourself that forex cash. However additionally it's equitable for inexpert traders. While not information rebelliously you reward loss and somebody else utensil pledge your cash. It�s all concerning trepidation the market and next creating earnings.

[got2luvyou25]

sir akser log kehte hain ke forex money sucking machine hai aur akser kehte hain ke forex money making machine hai kya kabhi kisi ne ye socha hai ke jo log ye kehte hain un logo me kya difference hota hai kyun har trader ka comment same nahi hota forex market ke liye?

yaar baat ye ha k jo log khud sehe terhan tiyar nahi kerte market main trade k leye unko market main kafi losses hote hain jis ki waja se wo kahte hain k ye money sucker ha or jo a chi strategy bana ker ate wo make money machine kahte hain
And i think ye trader k apni merzi ha k Forex kop apne leye kia banata ha

[redlion]

forex is such a huge world wide market therefore what u say is not going to happen. there are millions of traders who follow different trading strategies and therefore how they earn profit of loose money differ from each other. ofcourse there can be millions of trades who follow the same strategy as u but the market is big enough to cater to all and the amount of money that is drawn to the market is not limited. everyday thousands would invest money in the market and it keeps growing. i dont think that forex is a money sucking machine if u follow proper strategies and invest carefully.

[zeshan]

yes u are right but i don t agree 100 % with u dear if u trade in the understanding way and after reading the forecast then u earn the money not forex sucking the money

[tajmeri]

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.

no Forex Not a Money Sucking Machine, because all man not be lose. and all man cannot be profit. its a market just a product buy and sale. if your good day the you profit.

[affan9011]

My thought is that it depends upon us that we leave let the forex trading to consumption our money or not because if you give mount any noesis then i moldiness say that you instrument definitely get the success otherwise forex definitely suck your unit money for trusty.

[jab we met]

off course this happen every day many trader that have low investment market suck there money and transfer it to big investors account but we loss money due to our own mistake we do not manage our money before start any trade

[amit001]

Forex is a money sucking machine for those who are not very serious about trading and lack of business knowledge. But for a professional trader forex is a money making machine so careless trader can not win here.

[torquee]

forex can be both the money making machine and the money sucking machine. 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

[digger_jim]

Yes it is. Just look at how many new brokerages emerge these last few years, or how many branches old ones open. If it isn't a money sucking machine, why would they do that? To make more people rich? Unlikely, I guess.

[amit001]

According to me forex is a money making machine but its a real money sucking machine for those people who are lazy and not interested about trade. So lazy person can never win in forex and sucked by forex.

[golpo20]

Fx can be funds appliance and burn up funds appliance also. when all of us don't have enough expertise, not willing to study and just think with all the way of thinking like this next all of us is not going to acquire anything at all.

[kaia]

sometimes it's true. If we are too hasty in making a decision then we will feel what it feels like to lose money as we watch. But if we are careful and willing to learn forex properly what it is, and how to use it then we will avoid large losses.

[amit001]

If u are not so interested about trading and lazy then forex is become a money sucking machine for u. so u have to be very careful about that. for a professional trader forex is a money making machine.

[bestlooser]

money making or money sucking ....... it is just good topic to discuss but it all depends on your performance and not just comment and some people think it is money making and some thinks it money sucking so different opinion of different people but if you know how to operate this machine then it will be money making machine for you.

[jahangir2812]

Of course you are right my friend because i don�t consent 100 % with you beloved if you trade in the appreciative line of attack and after analysis the conjecture then you make the currency not forex sucking the currency

[rahatgum]

Forex is a business,all business two sit loss and profit.i don't told its a money sucking machine.When you have big capital and good luck you got some good profit.i think business never calling is money sucking machine .

[zeshan]

yes it is right it is the money sucking machine but i think if u trade with the understand the market and read the forecast then u earn and u get lot of money from the forex

[omofx]

Forex is the largest and most liquid market in the world.bigger than NYSE or any other market in the world, it accounted for more than $3 trillion of daily trading. everybody want to get his own share of that money

[TauqeerHaiderRizvi]

I do not agree with your opinion, not all small traders go broke here. all have the same chance of making a profit, just different numbers between us and other large traders.

main app say bikul shamat hoon kay har newbies loss nahi kartey apna capital likin ye be such hay kay more 80% newbies he hotey hain jin k account khatam hota hay. kyun kay woh baghir kesi knowledge ya plan kay tehyet apni lots place nahi kartey aur zyeda tar with SL kay kaam kartey hain.

[3mala]

forex is good opportunity to earn money...but its not a machine at all....money making is simply done by the individual trader with hard and sincere effforts made...so its all about hard work.not automatically rising of money

[zizhost]

truly it relies upon us that we are going to let the forex trading to suck our cash or not as a end result of if you'll acquire some information then i have to say that you will undoubtedly get the success in some other case foreign exchange undoubtedly suck your whole money for sure.

[deep]

every trader has her own aspect towards the forex..some thinks that its too difficult and leave it off while some are stubborn that stuck to forex untill they properly learned it...so believing forex machine is wrong in my view

[ahmedi]

truly it relies upon us that we are going to let the forex trading to suck our cash or not as a end result of if you'll acquire some information then i have to say that you will undoubtedly get the success in some other case foreign exchange undoubtedly suck your whole money for sure.
If we can ride the vehicle of MT4 chart as our money machine we will able to get huge money and make all profit in our hand we will better trade if we want to get learn hard and make better trade and far from loss or in small amount.

[jab we met]

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.

off course mostly about 95% people loss their money in the forex market but it is only due to some mistake from our end we do not read the market trend but by follow the market rules we can earn from the forex business

[rahulsagar]

bhai jab bhi trader ko loss ho to stop loss k saath hi loss ho na k loss khula chhor dia or account blow ho geya,stop loss zeroori hey or jab loss ho trader ko apni ghelti find kerni chahiye trading rok ker or demo per thori der kerna chahiye jab tek aap ki trading theek nehi ho jaty

[deep]

actually forex is a money machine but it is up to us how we will handle it. if we handle without any strategy then it is sucking machine if we handle with good money management and best strategy then it is money making machine.

[spread]

I have read is article about forex money machine, forex has both useful and harmful. if you have more experience and invested it would be forex machine you can get the money but if you have no knowledge of the trading "Forex is money sucking machine"

[bdays]

beleive me when i talk about the real account i have lost a lot of money and about the demo one i cant calculate them at all some times when i want to trade in demo account and open a deal just five or ten minute and the account is empty

[tiham khan]

its not true.forex is a international currency trading system,who are not experienced trader those people lost their money

[k032370]

i attending the blueprint for atleast 10-20min. Then i buy a lot if it alcove a lower attrition point and just starts to rise. I advertise it if it alpha dipping 2-3 points. The ambit amid my affairs and affairs point is what i alleged as luck.

[Tozammel]

No, forex is not money making machine.
It is a real and serious business which can be taken as an alternate way of real job.

[sharif]

Why to think in that way, is Forex is taking your money, if you really know how to trade here then you can find it out that where do your money go. In forex it is your's and mine money that is floating from one hand to other not to Forex. So, no way Forex is a money sucking machine.

[Kites]

I do not agree with your opinion, not all small traders go broke here. all have the same chance of making a profit, just different numbers between us and other large 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.

[abdoaknoki]

With the ability for anyone and everyone with a computer and an Internet connection to participate in the Forex to make money in recent years, thousands of people have had some exposure to the challenges of currency trading.

[ovabi]

I think its not true because our earn is only our ,, forex can not want we are quit from forex, so forex don't do this type work.. I cant agree this type question..We believe forex so we work in here..

[puri]

in experienced hands forex is a money making machine in my view but that is when it comes in novice, unexperienced and wrong hands it beocme money sucking machine.

[aina]

I have heard at the similar forum that the forex trading business is the money making machine and this time it is a new idea that the same forex trading business is a money sucking machine. It is all fun here.

[zytuy11]

some people think that forex always results in a loss of money but if you follow the proper trend then this would not happen, properly analyzing the candle stick chart and learning strategies would help

[abid]

yes it is right that the forex is money sucking machine but we can earn the moey from that but for the earning we murt now about the forex

[saviour196]

Its really not like this you are saying that it transfers money from large accounts to small so if it is like this why many beginners are going to the intermediate level .

[Phulbari]

it can be money sucking when you will start this business without any knowledge about this Forex trading business. you need to work hard for your work to make money. if you do not do that then it will be money sucking for you...

[abdo]

Given the high failure rate, it is prudent for anyone consideringentering Forex trading for homework first. Although the majority fail toachieve consistent earnings Forex, a minority do, and some of themare making huge profits from the Forex.

[theniceone]

forex could be a money machine if we are capable and able to analyze price movements properly so that the results of the analysis carried out will always yield a good decision to conduct transactions and can earn profits consistently.
i think Forex is sucking Machine of money for all those who are working as newbie, if you have experience and having the skill to to do trade, then this is the machine on which we can make money a lot, so we can say Forex is money making machine

[Phulbari]

if you have not good idea about this business and you try to trade in this business with your money and then you will lose money from this business. then this business will be money sucking for you..

[mamun559]

Yes if you trade into forex with your success then forex will be money making machine for you.

[Phulbari]

it will be money sucking machine for you when you will trade without any experience. but it can be money earning machine for you when you will have trade in this profitable Forex trading business.

[kalponick]

There are some traders, maybe they are hardly any traders at all.. thinks forex as Their ATM machine.. From where they can collect as much as money they wish.. even with tiniest account.. For this they starts trading with bigger lots and leverage.. and when they encounter with losses they cursed this market.. as a money sucking machine.. You should not forget that, You are losing that means, someones winning.. So how can this market be a money sucking machine only?

[kunal ranjan]

NO i don't think that FOREX is an money sucking for a newbie because if you trade sensibly then you will make profit .
If you do not trade sensibly then who so ever you are a newbie or an experience holder you will go to loss.

[puri]

forex un traders ke liye money sucking amchine hai jo ki bina analysis ke trading karte hao..aise traders ko gamblers kehte hai aur aise traders forex me loss me hi jate hai
lekin jo bhi trader soch smajh ke aur study karke trading karte hai unke liye forex money making machine ban

[aamu]

forex money making machine hai lekin har trader money nahi bana sakta forex se..forex se money banane ke liye trader ko bahut hi hard work aur dedication ki zarurat padti hai kyunki forex me poori study ke bad trading karna zaruri hota hai tabhi aap lagatar paise kama paoge

[irena_xcn]

Forex is for experienced traders with good strategy and consistent performance. It's true that when you are a newcomer you are more likely to lose but that's when you need to be more careful and work harder to protect your capital. It's amoney sucking machine from all who losefor the moment I'd say..

[waleedkhan]

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.

agar app forex may loss karta hain tu app forex ko mat choro baltka app apni woh galti dhundo jis kis waja say app ko itna loss howa hai aur kion howa hai aur app phir say forex may ao aik achi knowledge kay sath..

[rumiocat]

no i can't agree with u .if u know more about forex u can earn in this market but if udont know u can't gain in this market ...U must come on this fiald after u become a good trader.

[syphertob]

my opinion is usually small traders is newbies who always fails is have not experienced and you will definitely get the success otherwise forex definitely suck your whole money for sure.

[John Scott]

If you have the knowledge which make you trade good and understand everything around so it would be a money making machine for you otherwise you will lose all of your money in forex and it'd be like a money sucking machine.

[aamu]

not also, for some traders who have good knowledge and experiences at this business they will say that forex is money machine, and then they become a good trader and get much profit from this business, so for it we have to see this case from 2 sides...

[rathod]

agree with you and everything can be happen here besides this is the fastest way to get the money or some people say that forex is money machine and also this is the fastest way to loss all the money..so all depend to their ability and knowledge to see this business with clear

[mmassi]

I think this is not the market that is responsible for our loss of money but the loss of our money is because of our mistake which is determined by several sides: greed, the desire to win the money in the shortest time possible, the error committed their trade and also several other things. While the forex market will not take money from a successful trader because he knows when to open a trade and when the opposite.

[incredibleindia]

Forex does provide an opportunity for us to make some added bucks but at the same time, the risks are equally there and if we miss our trading principles, we may instead of profits, end up in losses.

[irungu10]

Forex trading is a money sacking machine which explains why these area is filled up with people trying to gain from these market and these is so because when you trade its usually very good to avoid mistakes that you could have taken good care of if only you studied and made good practice

[shemozz]

I do not see forex money machine to suck ... Forex profession need education, training and skill if they do not learn will lead to the loss sucking the money ... But if you can you learned a good forex for you to be a money making machine.

[brutu]

Depending on their own traders. For qualification of contractors, in the course of foreign exchange, a place to spend the money is not the place for profit. Unfortunately, research, and have not been successful 90 percent of traders, that ... said that only 10% have been successfully

[madun]

Its depend on some one who doing that trading if he/she careless for trading dont use the technical and fundamental analysis sure the forex make them think that its a lose. I ever think that forex is lose machine of me than learn deeply it reverse and get the profit..

[aimisfx]

Forex is not sucking money machine. But lose money on our own mistakes. The traders lose to input commands also time. And even lose in short time. Better monitor management. But unfortunately loses its money. So say that Forex is a money sucking machine.

[Amitpaul]

Yeah ....I believe forex is a money sucking machine. Your idea is the best.
Many trader losses money joining here. Again many get more profit from From Forex.

[Phulbari]

it can be money uptake when you testament vantage this acting without any knowledge nearly this Forex trading commerce. you essential to occupation lignified for your business to act money. if you do not do that then it will be money ingestion for you...

[sajaantrader]

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.

han gi ye batt bhi sahi ha k jis taran ye app ko profit deti ha na esi taranye app ko high loss bhi ha or app ka sab ka sab he balnce kha jati ha kioun k es ka koi bhi bharsa nahi ha ye kafi risky ha

[Zubaed]

I do not think so.Yet this is true that opportunity are less for the small traders but your words are too much hard than the real condition.You will find traders who did very well and satisfied with their earning even with low capital.

[tarun2305]

hum yaha apne paise ko deposit karte hay aur phir trade karte hay.Aur phir trade me hum jab lose karte hay tab forex humara pura balance ko le jata hay.is liye forex ik money sucking machine hay.

har trader ke liye asia nhi hia kuch kya bahut se trader aise hai njo ajtak kabhi bhi invesnt nhi kiye hain aur kamaye itna hai ki koi cheez ki kami nhi hai

[purohit]

meray kehyal sy forex is not moeny sucking machine ku k agar apko is key bary me proper knowledge hy to ap is ko yeh nahi keh sakty yeh wo log comment karty hen jo knowledge k baghair trade kr k loss krty hen .

[ceestech]

this ppart i turely accecpt because there are this that can happen in the market that can either make you or unmake you bur it is all dependent on how you understand the market. forex to me is a great way forward.

[ashu912]

If you dont know enough about forex and simply gambling in it without any knowledge and strategies yes it is definately a money sucking machine for you but if you trade according to your strategies than you dont fail in it and earn good money from it..

[fxmilon]

I do not think so that forex only money sucking business too. Forex is also a many making business. For making money in the forex market good strategy and experience are needed. Without forex knowledge and experience forex is really money sucking business.

[sweety]

No exactly Forex is a money sucking machine, even you can be a money sucking machine. But only after a good knowledge and experience . so many people lost their money and they think that it is machine of sucking money . They lost their money because of their mistake.

[ernestina]

Forex is a money sucking machine for a trader that does not know how to trade. You determine how much of your money the market will suck based on the risk you take per trade. Also your knowledge of the market will determine how you will react to losses.

[alvabra2010]

It depends forex can be a forex sucking machine for a few and a money minting one for the rest. If forex is sucking all your money up, then you should hit back to basics, sharpen your skills, practice more on demo, try to win demo contests, trade small, have a discipline for your trade and etc. And if your minting money in forex then please do share your experience and strategies to us. :D

[ahammed.fx]

Forex is money sucking machine for the traders who are not experienced and who do not have proper knowledge to gain risk of forex volatile market. So money goes so easily of them. By the way forex become money sucking machine for those traders.

[rathod]

every trader has her own aspect towards the forex..some thinks that its too difficult and leave it off while some are stubborn that stuck to forex untill they properly learned it...so believing forex machine is wrong in my view

[sohelforex]

Yes, that's the risky point of forex. The amount of profit a trader makes is eventually the loss of another trader. Understanding all the risks, a trader has to make himself existing in market. Knowledge plays a great role playing in forex; the more knowledge you have the more you can gain from others account. That's why not all the traders are the gainers but the most of them are losers.

[hello927]

I dont agree with you. It is complex system of trading and it requires special training and extra efforts to trade in it . If one is not familiar with trading fundamentals and does'nt have training and guideline ,certainly forex will suck his money. For sure.

[rathod]

yea, i agree. was right in the forex market, the big boys can determine the market direction. but, in the forex market there must be regulation. in my opinion, is not true that large traders sucks money from small traders.

[irfan]

Forex is money sucking machine but not for every one, it is money sucking machine for those who don't take forex seriously and want to become millionaire over the night and those who start trading without any knowledge and experience and take as a gambling.

[hamadmuneer]

forex money sucking machine un k liye hey jo forex sehi sey nehi kertay her trade per loss kertay hien or loss per loss ker k apna account kho baithtay hien isi liye failure traders more than 95% hien, bes 5% hi survive ker paatey hien



je main app ki baat se 100% agree karta huin money sucking machine ye un ke liy hai jin ke pass is ke bary main acha knowledge nahi hai ager hum is ko achi tarha sekh ke karain to ye money sucking machine nahi balky money making machine hai

[nabila]

Are you hold with me that forex is money ingestion organization and on regular ground it sucks the money of puny traders and amass the money in the accounts of big traders? As we live that money in the forex is specific and it transfers from one story to other. Let assume if you yawning the function and industry moves in your elevate then its wish that forex is now exploit the money of any one else who staring the trades against you and whose lot filler is large than you.

[masum]

I think forex market is very true market. course you can earn good profit by your skill, trading experience, many etc. you can good system to trade with the market you can success this market. your question not true forex is not money sucking. thanks

[elking]

Forex is the God of making money yes, but also the opportunity to work good and decent and worth all the appreciation and attention from us and should make lots and lots of effort in order to succeed, God willing,

[ashwini]

nahi... ek example deta hunn.. hamara ek dost jab usse yeh pata chala ki .. hum forex trding. karte hain.. to.. itna excited ho giya ki.. real account open karke.. 350$ invest kia.. usse thoda sa pata tha ..but analyis karna nahi.. so pahle do din main hi.. woh loss kar baitha.. to next time jab woh humse mila to yehi bola ki.. forex main sirf paise dubta hain.. income nahi hota..
to hum unn sabse bolna yehi chahte hain ki.. forex start karne se pahle ..achhi tarah isse samajh lee. fir practice kare.. then .. app trading kare.

[golpo20]

Fx can be cash licking appliance but is not for each and every one, it can be cash licking appliance in case you don't take foreign exchange critically as well as want to grow to be millionaire above the night time and those which start out investing without the understanding as well as experience as well as take being a gambling.

[aamu]

money making or money sucking ....... it is just good topic to discuss but it all depends on your performance and not just comment and some people think it is money making and some thinks it money sucking so different opinion of different people but if you know how to operate this machine then it will be money making machine for you.

[rathod]

yes for gambler and bad traders surely. because they do not know the way to make money and in fact they lose there money. forex is a business that can be learned. so for me it is good machine and I have no complaints.

[rathod]

yes when you will take risk then you should expect losses too and it is not going to be the fault of forex market as this is going to be fault of your own and good traders really use it well and make it money making machine.,

[antosco]

Fx can be cash licking appliance but is not for each and every one, it can be cash licking appliance in case you don't take foreign exchange critically as well as want to grow to be millionaire above the night time and those which start out investing without the understanding as well as experience as well as take being a gambling.

You are totaling right @golpo20, forex can be a money sucking machine for those who are not willing to learn how the forex market works they don't intend to build their knowledge and don't give a damn to practice they just want to go into the market and start trading with no experience they will end up losing their investment.

[xomes]

To become a successful investor or large traders, the market will follow you into action, breathing pulse, even leading the market direction." This is some of the investor's "dream." In fact, the idea is wrong.
To be a successful investor or operator instead, must be strictly laid down their own "discipline" rather than be with nature. As the military demands of a regular daily routine. Although compliance is difficult, very hard, because it is a little more or less against the humanity. But I more than 10 years in the trading room to see the success of investors, large fund managers, such as the U.S. champion manipulator of people Mading Shu, Mr. Edwards, who are both strict discipline of the people trading investments.
Yes and he should know that the forex trade is quite complex, and he needs to prepare himself ahead of time, in orer to be better get himself equipped to face the challenges that will emmanate from it subsequently.

[SWAPNA]

Forex is not a money making machine it is a money making platform . But you can use it to a money making machine by your own strategy and knowledge . It is perfect to analysis market more and more to do it .If anyone take proper learning and knowledge he can use it as a money making machine . But it is real that without learning you have to be a money losing machine.

[zeshan]

yes it is the right the forex is the money sucking machine the traders can also suck the money if they trades with the mind and they can earn the money if they trades with the market trend

[truegoa]

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.

Well, that can be possible things. I can see what you re thinking about it. After all, if this so, what we need to concerned is about how to "suck" money from this market and trying our best not to let our money which be sucked. Well, since this bussiness does run int that way, we should run faster and smarter than other traders to earn profit form some of them. lol.