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IS forex the real deal or is just another internet scam?
Well, I don’t think I have to add any more details to the question. From the other hand, does anyone have any experience with the forex broker, Alpari? Thank you very much, dani
foreign exchange is an extremely volatile place to speculate. One day you’ll make $100, next day you’ll be out $500. Don’t do it man, even the best of the best can’t forecast exchange rates with ANY degree of accuracy.
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LikeDislikeI heard that about one in ten people make money – care to loose 90% of the time?
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LikeDislikeTrading forex is a skill. It takes time and practice to learn. There are many who make a pretty decent living trading forex, but there are also many who lose big doing it.
It depends on the individual, the only way to find out if forex trading is for you is to get started (without using any real money) and find out for yourself.
The best way to get started is to do some reading online and then open a demo account. A demo account is a practice account where you make trades using play money, most brokers offer a demo account.
Once you’ve acquired some skills, and if you think it’ll work for you, you can move on to a live account where you trade with real money.
Good luck to you.
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LikeDislikePeople can succeed at Forex, but it takes years of study and practice. I haven’t used Alpari, but they are a legitimate broker. InterbankFX is one of the best in the US.
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LikeDislikeYes.
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LikeDislikethe thing you have to watch out for is that some forex dealers don’t offer good spreads. on my brokerage account, EURUSD usually trades at 1/2 pip, but i’ve seen some brokers that say 1 or 1.5, so the dealer is making money by offering you worse spreads than they’re getting. this is a money machine for them! and you have to have a bigger move just to make back the spread and the commission, so you’re in the hole as soon as you get in.
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LikeDislikeI agree with MSC. My account is with IBFX.
If you want to read the feedback on different brokers, try:
http://www.forexpeacearmy.com/public/forex_broker_reviews
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LikeDislikeIt really depends on how you will manage Forex. Its up to a certain individual how to earn or lose in this market. Forex is unpredictable and risky. That’s it.
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LikeDislikeIt is, find out how to trade here:
http://financecreditforex.blogspot.com/
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LikeDislikewhere do you live and in which century
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