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Q&A: Is it possible to double my money in one month doing currency trading?

November 23rd, 2011

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by Tradingrichmom Question by cerbere1564: Is it possible to double my money in one month doing currency trading? I can do it using a demo account, but can live accounts be handled the same way as demo accounts, or are there any hidden tricks? well, currencies are very predictable now-a-days Thank you guys I don’t intend on putting my life savings in it, but only a few hundred bucks Best answer: Answer by rcdruryIt’s possible, but not likely; also highly speculative. Add your own answer in the…. Click Here to Read More

Posted in Forex Discussions

Tags: Currency, doing, double, Money, month, possible, trading

9 Comments »

Is it possible to earn a good living exclusively in the ForEx market?

September 10th, 2011

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by sereneeducation Question by mousiemousework: Is it possible to earn a good living exclusively in the ForEx market? Since there are so many trading methods and platforms, what is a good platform and trading system that I should investigate that would afford the best results with the least amount of risk? I understand there is substantial risk to this type of investment and one should not invest funds they can’t afford to lose. Best answer: Answer by AsmodeusI would say the answer is that you should exercise yourself as much as possible. For example, if you have a job currently, then get some time daily to exercise yourself for at least 6 months. One year also should be enough, if…. Click Here to Read More

Posted in Forex Discussions

Tags: earn, exclusively, Forex, good, Living., market, possible

3 Comments »

Q&A: Is it possible to turn £5,000 into £500,000 trading currency CFDs within 2 years?

August 26th, 2011

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Question by William M: Is it possible to turn £5,000 into £500,000 trading currency CFDs within 2 years? I am nearly 18 and I should have saved up £5,000 by this age. I’m looking to trade currency CFDs (Contracts for Differences) starting with my £5,000 in savings. What I’d like to know is if it would be possible to parley my £5,000 investment into £500,000 within 2 years trading currencies, and if it has been done before by anyone? Best answer: Answer by Tiny TevezYes. But understand that the leverage can work against you and you may end up losing a huge amount Give your answer to this question…. Click Here to Read More

Posted in Forex Discussions

Tags: CFDs, Currency, into, possible, trading, Turn, within, years, £5000, £500000

1 Comment »

Is it possible for a market maker to “run stops” (deliberately trigger a stop) in currency trading?

June 15th, 2011

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by The Adventures of Kristin & Adam Question by Procto-Boy: Is it possible for a market maker to “run stops” (deliberately trigger a stop) in currency trading? I know this happens in stock trading, but what about in currency trading? I don’t know if there are actual market makers in currency markets. I’m asking because twice in one day, my stop was hit almost exactly and the price immediately reversed. Best answer: Answer by naanerYes, it is the same thing as stocks. However, with forex the bands are much tighter so it always seems as though you get close to them but never hit. What do you think? Answer…. Click Here to Read More

Posted in Forex Discussions

Tags: Currency, deliberately, Maker., market, possible, stop, stops, trading, trigger

3 Comments »

Is it possible to safely earn 5% of $10,000 daily net of charges while trading in the forex market?

May 30th, 2011

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Question by Koach: Is it possible to safely earn 5% of ,000 daily net of charges while trading in the forex market? This is probably a stupid question but I don’t want to try online forex trading unless this is answered. Best answer: Answer by JudyI read an article in one of those magazines that said Only 20% of the people make money their first year in. I would not touch forex unless I knew all about it first from a good book. I think too many people are falling for easy money without self-educating themselves first. Also google Forex Scam – there are some pretty bad companies out there. Make sure anyone you are with is reputable. I would try options before I would ever get…. Click Here to Read More

Posted in Forex Discussions

Tags: 10000, charges, Daily, earn, Forex, market, possible, Safely, trading

2 Comments »

Is it possible for a professional Forex trader to earn 20% a month?

February 26th, 2011

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Question by firebirds2001: Is it possible for a professional Forex trader to earn 20% a month? I have been talking with a professional forex trader and he says he has been trading for 25 years and he can manage an account for me that earns between 1-3% a day for around 20% a month. Can experienced traders really make this much on large accounts? Best answer: Answer by zanthus20% or more DAY is possible, but you can lose just as quickly. Know better? Leave your own answer in the…. Click Here to Read More

Posted in Forex Discussions

Tags: earn, Forex, month, possible, Professional, Trader

6 Comments »

Day Trading Forex possible to make a living?

January 14th, 2011

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Question by Eric F: Day Trading Forex possible to make a living? Hey, Are there people in the world who day trade forex for a living? I’ve read so many articles bashing day trading as gambling and impossible to make money, but I also read some forex trader interview who just trade a few hours a day and make a good living. Is it true? Anyone has experience? Best answer: Answer by muncie birderMore possible to go broke. Give your answer to this question…. Click Here to Read More

Posted in Forex Discussions

Tags: Forex, Living., possible, trading

7 Comments »

Is it possible to invest in online forex trading with less than $10? How can I do that?

November 8th, 2010

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Question by Latasha Hurlock: Is it possible to invest in online forex trading with less than ? How can I do that? Is it possible to invest in online forex trading with less than $ 10? How can I do that? Best answer: Answer by First Place TurtleYes. Do a Google search on “Oanda FX Trade”. This forex broker has no minimum deposit requirement. Add your own answer in the…. Click Here to Read More

Posted in Forex Discussions

Tags: Forex, invest, less, Online, possible, than, trading

1 Comment »

Is it possible to win money from FOREX with 3 or more different rates?

August 14th, 2010

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Hello everyone, I’m wondering if it is possible to win money from FOREX with only changing currencies. For example, we have 10000 USD. We change it to EUR. Than we change the EUR to JPY and we have like 10000,03 $. Is there any moment to catch (possibly with a local script) that this three rates make this possible. Thank…. Click Here to Read More

Posted in Forex Discussions

Tags: Different, Forex, from, Money, more, possible, rates

5 Comments »

Is it possible to actually earn automated forex income?

May 28th, 2010

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I have been trading stocks for a few years as a sideline. Now I’m thinking of going into forex as I’m going to lose my job and I am interested to know if I can earn automated forex income. I am willing to work very hard and…. Click Here to Read More

Posted in Forex Discussions

Tags: actually, automated, earn, Forex, income, possible

5 Comments »

Is it possible to lose more money than you invest in Forex trading?

April 10th, 2010

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They have those auto pilot programs that have you invest 50 dollars starting. Not a huge investment, and wont spit out a lot of money in the long run, but If you invested 50 dollars in a forex program, is it possible to end up owing more than you invested? Or is it just that you can lose 50 dollars and end up back at 0, and not in the negative? Just…. Click Here to Read More

Posted in Forex Discussions

Tags: Forex, invest, lose, Money, more, possible, than, trading

4 Comments »