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i wanted to get into Forex trading or maybe buy some shares but during this credit crisis i have heard a lot of investors have lost money but i also believe that people are still making money i just need some help if any 1 has any tutorials for this for every single detail eg what the symbols mean, unrealized/realized profit etc
In forex or any trading there will be some risk. Compare to other trading forex trading is safe now.
The markets seem to have stabilised at the moment but the most important word is "seem".
There are never any guarantees when trading and at the moment any bit of news can send the markets crashing or even booming. I think the markets have risen a bit too fast in the last few weeks with no real economic data to back up the rises and I would say we're due for a big "correction" (as the insiders say – it really means a crash).
This is a good time to make money on the markets but also a time to lose a lot of money quickly. Long term investments should be safe (let's say 5 years plus), but investing short term is extremely risky.
Forex trading is safe if you know what you're doing. Driving an automobile is also safe if you know how to stear, where the brake is located, how much gas to apply, etc. etc. not knowing these things will result in a crash
FOREX Trading is safe only if you know how to trade there..
The best investment is to invest in FX Funds Group if you would like to make 2% – 15% per month.
search for FX Funds Group or myfxfunds in google search engine for more information.
like what everyone else says, forex trading is safe, however, it is a lot riskier than trading stocks. anyway, for your tutorial needs, you may download a free ebook and a free demo account as well from this source. you need to do lots of reading and practice if you haven't done yet. if you want personal mentoring, you may open a mini account and they will provide you a personal account service manager to walk you through the basics and even trade with you on your first trading activities. all the best.
With the collapse of the stock markets last year, people have lost upto 70% of their retirement portfolios. Most of the people are afraid to invest in stocks and rightly so. Stock markets will be volatile for a few more years. Forex has emerged as the Recession Proof Business of the 21st century. If you can learn forex trading trust me you can make a lot of money. I have given you a risk free method of learning forex trading. it is being touted that forex trading is going to make many millionaires in the coming decade.
Is forex trading safe at the moment?
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