What is forex, is good to earn money?

Question

What is forex, is good to earn money?

Answer 1

learn more about forex in this site.  Register and download a Free Forex Ebook for your reading.

Answer 2

Don't ask stupid questions,

If your serious the DADDY is the PipBoxer:

http://pipboxer-review.blogspot.com/

or alternatives will help you here:

http://forextracertrading.com/

Answer 3

Forex stands for foreign exchange.  You are betting on the exchange rate fluctuation between different currencies of the world.  Yes, it will give you good opportunity to make some gains, but it has equally good chances of getting into some heavy losses as well./

Answer 4

Take a look here to see what others are earning on forex!

http://forex.lem4.com

Good luck!

Answer 5

Forex can be extremely profitable and has made many, many millionaires (and even a billionaire or two). It's basically where you buy currency and then sell it again. Because the value of currency changes all the time, you're looking for it to gain in price so you can sell it for more than you bought it for.

There are various "systems" you can use to automated the whole process of trading forex I use "Forex Autopilot" which is a nice little piece of software that helps you find good "signals" and trade them easily.

You can find out more information about this system at http://www.fxsystemscompared.com/rev_for...

Good luck

Answer 6

FOREX is very unstable.

http://safeatom.com/?ref=23031

This is good to earn money

Answer 7

Forex is like anything else in life, you need to study the basics, practice, start small, gain experience and gradually build up your confidence and skills. It is risky and you can lose all your money. Do not expect to get rich overnight.

Despite the claims you may see on some FOREX web sites, FOREX is not risk-free. You are trading with substantial sums of money and there is always a possibility that trades will go against you. There are several trading tools, however, that can minimize FOREX trading risks, and with caution, and above all education, you can learn how to trade profitably and while minimizing losses.

Answer 8

I am a distributor for a company that sell webucation courses (on-line education like the University of Phoenix though not affiliated with them).  One of our courses teaches you everything about Forex.  The others are complete courses in Real Estate, Entrepreneur, Financial Success for Kids, Negotiation and more.  The entire package is at a VERY reasonable price and it is delivered right over the Internet.  If you are interested in learning more go to my website and fill out your information.  

It is a business opportunity as well if you are interested in earning money as well.  If you are only interested in learning more about the products, when you fill out your information let me know that you are interested in only the product and I will contact you with the products page so that you can see all the details.

You can make a lot of money in Forex but only if you are well educated as it is a very risky way to invest.  

Here is the website:  www.beatherecession.com

Answer 9

it is a good way to gamble your money... i dont recommend doing something like this as foreign money will go up and down all the time like stocks.. you need to get into some good managed mutual funds..  

Answer 10

If you need to play safe and can't risk losing everything, it is best to look for other investments.  

However, if you only have a small amount of money which you would like to use to make a lot of money and willing to risk your capital, then forex is good.  

I think there are few investments where you can make as much as forex whether the trend is up or down.  Nowadays there are some good software around and some of these can really help you improve your chances.  For each of us traders, we have our favorite.  For me, it was Forex Killer that made a lot of improvement to my profitability.

Answer 11

In the recent times, there are various modes by which we can multiply our money. New forms of investment are coming up which fetches huge, profit and can even incur losses. One of the latest ways of trading is in “Forex” market which is also called foreign exchange. At present people have various options where one can invest their money based on different constraints like money, risk, duration, profit etc. Forex market is a perfect place for a active trader. Foreign markets are open 24 hours a day where a trader can login or exit anytime. That’s why it is called money multiplier.

For me it has proved to be a cash machine as I have earned huge profits. There are many ways by which we can earn profit. The easiest part is currency swap. It means to exchange one currency with other. This means I buy a currency at low and sell them at high against another currency. For example when a US Dollar was of Rs40, I brought 100 dollars of Rs4000. After 1 month, as the exchange rate raised I sold them at Rs42 per Dollar. This gave me a profit of Rs200 without bearing any risk. By the use of computers and internet, this form of market is now very popular. It has proved to be profit making machine for many.

Get smart with a smart broker: http://www.finexo.com/

Happy Trading...

Answer 12

FOREX is a process where you can exchange a nation's currency to another. Financial rewards can be achieved by profiting on buying and selling currencies.

It is a highly profitable way of earning money but it is also way too risky.  You have to continue educating yourself about the currencies of the different countries.  They say 95% fail in Forex. Trade only what you can afford to lose.

Learn more about forex and other investment opportunities:  http://www.investmentpaysoff.com