Forex is money sucking machine?

[Rahul]

haan ye to money se money kaamane ka tarika ha jab tak paise nahin daaloge tab tak paise nahin aayenge simple si baat ha ...ye jayda money nhain maangti isme to thoda sa invest karna padta ha ..khaas profit hota ha

[kubi]

g haan agr aik view se dekha jaye to bhai bilkul aik sucking machine ki tarha hi kaam krti hai lekin agr ap ke pass knowledge or experience mojude hai to ap ise money making bhi bana sakte hen.

[kakuly]

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.

may be you are correct, if you have right skill about it. then it may machine for you.
but if you have no knowledge about it it may be harmful for you. actual information is you must fail if you have no experienced.

[asmoshaa]

i agree with toy and not agree with you in the same time , all of us may be win and may be lose , both lose and win found in Forex , so no one will lose for ever and no one will win for ever , for the new trader it will tack some time to learn how to lose less .

[r555]

Yes it is a money sucking machine. Actually it is a money suck organization but it is like that people. You should acquire a every period do not spend all your money.

[amin0x]

mmmmm we can say that but with careful...it can be a sucking machine if the trader was a good trader ..and it can be a killing machine if the trader was a loser we have the choice to choose the side

[irfanchauday]

han yeh such han ke forex money making machine ke sath money sucking machine bhi han mgr yeh sach nae ke chota traders ke paisy bara traders ke pass jata han kynka bara trader shrow sy tou bara nae hota vo bhi paisy kama or apna talent sy bara hua hota han.

[abanga]

Thats is what make it a good avenue to make some money, definitely somebody must loose before another will make profit, with that in mind the inexperienced ones money is the ones sucked and the so called professional make the coins out of it

[abdulahi]

forex is money sucking machine if do"t no how to trader it is if have the knowledge how to trade it is profitable business,have the experience first find workable strategy test it on demo account, forex is currency exchange trading

[goldenmember]

Yes, forex is a money sucking machine. It is far more common for it to be a money sucking machine than a making machine. I know far more unsuccesful traders than I know successful ones.