Is Forex, a quick way to make money.

[asadkayani345]

Forex is not a quick way to make money, if you know little about it to start off with. It could take months or sometimes years, of practicing with virtual money before you should try real money.

g haan ap ne bilkul sahee kaha he k forex trading sab se taiz tareeqa he is ko agar is k rules k mutabiq kya jaey and is k ilawa aik achi amount invest karni chahiyay to aisa possible ho sakta he

[Madushanka]

I'm posting this assuming that you know how to trade, and has quite an experience in trading.

With simple changes in your trade selection, money and risk management, and mindset, you can change that average gains into larger ones..............!

Fast money is in Forex, it is a lifestyle. here is it how its done.

Tip 1 . Embrace Changeability and Risk With a Smile

Forex systems have instability.

If you cannot manage and calculate your risk, then don't ever think about trading in Forex. Many traders back away from forex because of this ( why do you even traded in the first place?). But taking manageable risks has its rewards.

It's just simple, you know what your losing if ever it doesn't work out, yet what you gain is unpredictable but sure is high! That is what I call excitement, my friend.

To a well-educated Forex trader, this is something you shouldn't be afraid of, might as well embrace it.

Tip 2. Trade Less, gain more

Most traders think that if they don't trade, another door has closed, or miss some move. The tendency, they trade frequently. Most of the trades that come big come a few times in a year. Focus on the trades that make the really big gains. Be alert, and informed.

Tip 3. Diversify is a no-no

Most Investors accept the fact that diversification can make money fast - in reality it does exactly the opposite.

Tip 4. Money and Risk Management

This article has been concentrating on the Big gains, because this is your money, so every penny should be controlled, this is where money management kicks in.

Control your risks, but increase your chances of success:

- Give yourself staying power by buying options at or in the money, this prevents you from getting stopped out. Many traders lose not by the market direction, but because they were stopped out by a instable move, and options will give you staying power.

- Keep your stop in its original position - until the move is well in profit, before moving it up.

- Trading fast and selectively - have the courage to trade when you feel it is good. and enjoy the cash.

Tip 5. Compound growth has its benefits

The way to make money fast in forex, is to understand the power of compound growth. For example, if you target 50% a year in your trading, you can grow an initial $20,000 account, to over a million dollars, in under 10 years.

Break the norm, and gain more. Follow some of these tips and make your way into the big gains..............!(100% workable........!)

[Sabbirbd]

All over the world people know that forex is best trade for make money in short time . all can make money from forex trade . This is best way to make lot of money just few times .

[muhit90]

Of corse forex is a weay to make money quickly.
But if we be greedy aba forex trading I should must looser.
So iam taking some time to earn on forex by well analissis.

[didikebenaran]

right, i think you have a good think also as me, im also will set my target only 10 until 15% per month because i will make a forex trading business as other business. when we doing that it mean we has been applied a good of plan beacuse thats target is very safe. you will get more a good feel when you invest a large money with it target.

yeah this is where the importance of placing your stop loss and take profit in the trade so you will be able to maximize your trade and you will need to make your trades with more leverage in this trade

[fxsilo]

Forex is not a quick way to make money. It is like other business. It may give you 10-15% return in a month of your balance like other real investment.

right, i think you have a good think also as me, im also will set my target only 10 until 15% per month because i will make a forex trading business as other business. when we doing that it mean we has been applied a good of plan beacuse thats target is very safe. you will get more a good feel when you invest a large money with it target.

[alu]

You can start making money from forex trading by starting to make out time to learn and gain knowledge about forex trading. High knowledge helps a lot in our trades to come up and end in profits.

[masudkhan162]

yes i think forex is a quick way to make money. If anyone become more experience he can earn money quickly.

[Sun-Moon]

Forex is not a quick way to make money. It is like other business. It may give you 10-15% return in a month of your balance like other real investment.

[sayem]

Forex is not a quick way to make money. many traders are try to quick earn. they become greedy and trade on high risk and try to earn quickly. as a result they fail and loss their trades. you must have patience for this business.