Please visit our sponsors

Rolclub does not endorse ads. Please see our disclaimer.
Page 1 of 3 123 LastLast
Results 1 to 10 of 21
  1. #1
    Investor
    Join Date
    Sep 2012
    Posts
    341
    Feedback Score
    0
    Thanks
    0
    Thanked 1 Time in 1 Post

    Default Is forex trading a money losing machine?

    Well you had heard a lot about forex trading being a money making machine but tell us whether it had been a money losing machine for you or not?


    It had been for me and I was very frustrated also. But from last 2 to 3 weeks I had started to come on top and end with green pips. What stage are you in and what do you say about this?

  2. Sponsored Links
  3. #2
    Senior Member
    Join Date
    Jun 2015
    Posts
    156
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Forex for me is a mixture at the moment since when I started it was mainly a money seeking machine, but after learning the art of trade, I have started making consistent profits and now I can say that this is definitely a money making machine, if we use it rightly. I am lucky that I work with OctaFX broker; it’s an outstanding broker to deal with especially due to their love able factors which includes tiny spread of 0.2 pips for all major pairs!

  4. #3
    Senior Member
    Join Date
    Jan 2013
    Posts
    211
    Feedback Score
    0
    Thanks
    0
    Thanked 2 Times in 2 Posts

    Default

    Forex is a profitable business and also very risky. If you will start it without learning and no skills then it will proof money loosing machine for you but if you have skills and proper knowldge then you can make lot of money also.

  5. #4
    Senior Investor Rahul247's Avatar
    Join Date
    Dec 2014
    Posts
    722
    Feedback Score
    0
    Thanks
    0
    Thanked 1 Time in 1 Post

    Default

    No it is not a money losing machine, it all depends upon the trader who teh trader play the Market and the kind of education he had at the beggining of the trading.

  6. #5
    Senior Investor Uncle Gober's Avatar
    Join Date
    Jul 2011
    Location
    www.ArmadaMarkets.com
    Posts
    2,686
    Feedback Score
    0
    Thanks
    0
    Thanked 2 Times in 2 Posts

    Default

    Forex is money making machine and money losing also. Money making for those who are experienced trader and money loosing for those who are not have any experience. we must to have experience become making money on this Forex. Learning is one of the conditions that could be a better trader in trading. Video tutorials and webinars be an alternative acquire trading knowledge. TICKMILL provide video tutorials and webinars complete

  7. #6
    Senior Investor Rahul247's Avatar
    Join Date
    Dec 2014
    Posts
    722
    Feedback Score
    0
    Thanks
    0
    Thanked 1 Time in 1 Post

    Default

    No way, it all depends upon you how you treat the FX Market, because that will let you know about it and your trading skill also matters.

  8. #7
    Senior Member
    Join Date
    Feb 2015
    Posts
    281
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    This is a massive world of opportunities; if we grab it correctly then we could be making serious profits. I do Binary Option trading where there is always great chance to work if we do work properly; I am joined with FMbinary broker where there is really great land of opportunities available especially with one of the highest payout policy up to 85% for both short and long term options, it really makes trading so much easier for me to do.

  9. #8
    Senior Investor gaban's Avatar
    Join Date
    Apr 2015
    Posts
    1,926
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    If we have good skills then forex trading is not a machine to lose money but forex is a money making machine. We can make a lot of money in forex trading. For that, we need the skills, knowledge, experience and good trading psychology so that we can trade with a maximum

  10. #9
    Member
    Join Date
    Aug 2015
    Posts
    95
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    This is the biggest trouble of this business for new comers; it can be seriously profitable at one end, but when losing that can also go very far. Right now I am trading with OctaFX broker where there is everything in my favor whether it’s with their low spread of 0.2 pips, high leverage up to 1.500 or smooth trading platform, it’s all perfect and makes this losing machine into winning one that too big time and consistently without trouble.

  11. #10
    Senior Investor
    Join Date
    May 2015
    Posts
    524
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    This market becomes money loosing machine when a trader deals with unreliable broker. In some companies even if a trader gains something he or she always loose some sum during the withdrawal (now I talk about the brokers that proclaim to calculate exchange prices subjectively such as FIBO Group broker)

  12. Sponsored Links
Page 1 of 3 123 LastLast

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Share |