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  1. #1
    Senior Investor Adster's Avatar
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    Default Anyone making good money out of Forex?

    Either as part of a pool, investing with a broker or from doing it themselves.

    Something am thinking of getting into in time for myself. Just wondering how easy it is and how 'risky' it is?


    Cheers.

    Adster.
    Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.


    Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.

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    Been trading. It is not easy, but it doesn't have to be hard either.

    Every trader pretty much creates their own trading style. Normally traders take bits and pieces of what others do and create a style they feel confortable with.

    I would suggest you read up on it and trade a DEMO account for 12 months before trading with cash..............6 months with a demo if you just have some money you don't really care if you lose.

    You have to set RULES for your style of trading and stick to those. Taking all emotions out of trading, or you will lose it all quickly.

    Use your STOPS/TRAILING STOPS to keep your loses minimal. That is another key. You want to keep your loses as low as possible. YOU WILL HAVE THEM.

    Don't worry about how you do DAY TO DAY. You will have losing days and winning days.

    It all comes down to how you do at the end of each month, if you are looking for a monthly income. Or how you do throughout the year, then you would have losing and winning months.
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  4. #3
    Senior Investor Adster's Avatar
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    Cheers MD,

    Guess like anything, the more dd you put in and if you have time then you could make it work.

    If I could replace the $40k salary I'm on then I'd jump at it like a shot!!
    Last edited by Adster; 24-11-2005 at 09:23 AM.
    Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.


    Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.

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    You could do it.

    When trading you have to stay focused, be patient and stay calm.

    Place a trade with confidence. Set your stops to keep your loses as minimal as possible.

    Start now on your spare time. Devote a set amount of time per week to learning the trade. Open a few demo accounts and get the feel for the different trading platforms.
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  6. #5
    Senior Investor Adster's Avatar
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    MD,

    The plan is if/when P**s and other investments come in, is to quit the office job and work from home doing this and other investments.

    Early next year if all goes to plan!

    Are you making good money yourself on this?
    Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.


    Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.

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    Sounds like a plan. Not sure if I would wait around on others.

    Very good money. I do not work. I stay home.

    Myself and a few others are working on a training center down here in Florida.

    I have been talking with a company that has a forex training center in New York. I have been talking with the guys that do the training into traveling down here to do the training. They said there was no problem with them coming down. Gives them an excuse to take a few extra days down here for a little vacation.

    Will have computers set up with multiple screens in the center. I myself have 4 monitors set up. I will be adding 2 more next week. It makes trading so much easier. Actually makes everything a little easier and a lot quicker.

    We are not looking to have things all set up until next spring.
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    My set-up.

    Also, have television to the right. Not in picture. Stay up on the news.
    Attached Images Attached Images
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  9. #8
    Senior Investor Adster's Avatar
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    Very impressive MD, look like you've got it sussed! Any other tips you could offer a newbie? Was looking at this to get started.

    http://www.zeroworries.co.uk/
    Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.


    Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.

  10. #9
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    I'm also very interested in learning more about this, but not sure where to start.
    Looking forward to some expert guidance.
    Not interested in Forex with MLM, just a good place to learn.

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    Quote Originally Posted by Adster
    Very impressive MD, look like you've got it sussed! Any other tips you could offer a newbie? Was looking at this to get started.

    http://www.zeroworries.co.uk/
    Did a little looking into that website.

    The ZeroWorries.Co.Uk website is just an entry page or SALES PAGE if you would rather call it that.

    There are a few different links on it. Which would lead me to believe that the person may not be doing their own trading, but just passing on or reselling someone elses information.
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