Hello, my name is Adelie, I want to know if is profitable to have an account with FOREX.
Thanks.
:rolleyes:
no there are not many who are profitable - that is true
its reliable if you know what your doing.
An account is not profitable by itself, there are many variables involved, as your commitment and discipline. As well as your broker choice and some other you’ll be finding out through the practice.
It�s reliable if you have some expertise and know the market, also a good broker if you don�t want to do it by yourself. For this market you need more than money, you have to like, have a plan, have the right tools, etc.
Hi Adelie,
Invest in Forex could be profitable, if you study and practice first with a demo account. But obviously is possible to loss all your money, I recommend you to invest only extra money savings, so if you loss It, your live will continue as always.
If you need anything related with Forex, maybe I could help you!
Steve Robinson
Deutsche Bank
Financial Advisor
It is, if you survive boot-camp.
I guess that’s why there are so many people trading forex for years. 
why you said that, i�m only looking for an excellent opinion and information about FOREX.:rolleyes:
Also with your answer you make me thing that not is a good option? it�s that truth? 
especially if you are new and don’t know what you are doing.
Far too many people jump into forex ignorant and inexperienced.
Forex is not like the lottery, where you get lucky.
Making money in forex consistantly takes a great deal of discipline,
a great deal of knowledge and experience.
I estimate 7 out of 10 people lose money at forex on a daily basis.
Forex is much like life where you have big banks always taking your money,
why should forex be any different?
Forex is an excellent way to make money, but it is NOT anything like betting on a football game.
DO not put money into forex that YOU CANNOT afford to lose!!!
Totally agreed, Forex is not matter of good luck is more about how much time are you willing to spend learning and studying forex and how committed you are. I also think Forex is not for everyone so if you get to realize that when demoing don’t hesitate on quitting before losing everything.
Thanks for your answer rrm2, on what you say I understand that FOREX is a serious market, and if you take the step to invest you can take the risk of winning or losing at any time.
Steve, why are you offering to help someone with anything related to Forex when on another post (Forextown-Forex Tick Data) you ask—
I am looking for a handbook for candlesticks, do you know where I can find It?
Maybe I’m assuming too much but if you are a Financial Advisor and willingly offer any advice on Forex, why would you not already have a book or two on candlesticks or at the very least know where to find one?
Graaaaahahahahhaaaaaaaaaaa. You have awakened my inner spelling Nazi. It is lose NOT loss.
You lose your money, you don’t loss your money
when a relative dies and you are trying to comfort someone you say, “I’m sorry for your loss,” Not, “I’m sorry for your lose.”
LOL, sorry I just saw that on your post and a couple other posts one too many times. Good pippin.
Lol Inner spelling nazi. Hope he learns the lesson. I guess his recommendation was to take care about risk management and not to invest all the savings. Which is a pretty good advice though, I’d add money management and I mean just to risk a few on the total equity.
There is no way to eliminate the risk in this business, It is normal to live with the risk all the time, that is the traders aim for me, learn how to control the risk and get the balance also with the money you invest, because the idea is not to lose all the money and then don�t have how to invest. The idea is to go step by step.
Yes Forex is surely reliable if you believe in yourself and you have the skills to deal with the market but don’t ever forget the volatility of the market.