As investing forex is well place , i earn here good money with my trading ability . First trained yourself to do good trading , understand all details of forex by practicing then invest some amount to check your skill. Forex will not disappoint you if you are passionate and having patience in this business.
Tried this long term before rather than day trading, but blown up my whole account 
SOrry to hear that, but tell us more?
[QUOTE=“PipMeHappy;761187”] SOrry to hear that, but tell us more?[/QUOTE]
Tsk! Tsk! Tsk!
forex requires a big investment - time, money, self development and so on. You should know what you face before starting.
Oh, go on, do tell us!!
yaaahhh tell ussss
oh wait? what was topic? nevermind, agree to pipmehappy, tell us!
Forex is not for investing, it’s for TRADING! As with any craft it is a broad subject. Currently I am studying Fibonacci sequences. Trading = Income. If you get good enough quit your day job. Earn your bread and butter TRADING and invest in the stockmarket and bond market or buy an S and P index fund, whatever. You can use Trading techniques to help you enter into your investments. Trading is work and it takes homework.
I agree that spot forex trading is not generally used for long-term investing, but the whole ‘carry trade’
forex vehicle is used by large investors/speculators for returns over time… There are ways and means
to use forex as a long-term investment vehicle…
Plus, ‘trading is work’ applies to long-term trading as much as intra-day trading, because you need
to manage your risk, monitor your trades, follow sentiment changes and macroeconomics, although
there is no hour-by-hour active trading, it is still time-consuming in some way.
Just saying 
[QUOTE=“PipMeHappy;761283”] Oh, go on, do tell us!![/QUOTE]
Awww… Hey it’s a loosing trade
I think forex should be treated as an investment. Kind of hard setting target income per month when you know nothing’s guaranteed.
It is vital that a new entrant in this business should invest first on knowledge on foreign exchange before investing. Other ways in which one can learn the profession include attending specific forex courses on colleges and online tutorials and self education. Whichever way an aspiring forex trader opts to learn to trade currency, the fact remains that proper knowledge is vital in seeking to succeed in this business.
Investing => Trading => Business => Actually Coin Flipping or Gambling!! 95% lose money, the ones making the money are likely the brokers with their spreads and interest charges. Don’t be deluded by veiled posts. Babypips has a school every newbie should go through. I got to the section on Fibonacci, that is where I steered off and endeavored to focus my efforts on developing in depth understanding of that methodology.
There are great advantages to doing this. First of all, you are leveraging the experience and expertise of a professional trader who has had a track record of successful trading over a period of time. You also get any propriety trading strategies that the firm might possess.
The greatest advantage is that you don’t have to actively manage it. Forex trading is a very intense activity. It’s not one of those things where you just put money into a trading position and wait for it to grow. It’s a 24 hour a day market and any open trading positions need to be actively monitored until that position is closed out
Hello peeps!
John Kicklighter, Chief Strategist for DailyFX, has made a video today about
trading big themes like investors, looking at hedge funds managers and what
themes THEY are looking to trade… He is also asking the question: can retail
traders (in Forex, for example) trade like hedge fund managers?
Trends in the Forex market tend to last for long periods of time, that is why Forex can be used as investing, but leverage should be kept to a minimum.
I’ve never tried for long periods of time, maybe I should?!
Forex is good place for investment . I am satisfied what I invest and get return form forex trading. No one can say he is making efforts and forex is not supporting him . as you are doing serious efforts to learn and do forex in managed way it will really pays you back a good profit from your investment.