What would be your candid advise on forex trading?
Sir, What would be your advise on forex trading.Does it really worth it.
ANSWER: Forex trading has potential for high profits and high losses. Forex primarily needs a great deal of knowledge and specialization to do it profitably. Many “GURU’s” like to bang the drum about how much money you can make, but most people lose money at FOREX, because it is a situation where you make profits based on your decisions, and unless you are right in the immediate market, you are making decisions based on partial information. Those who have the best information make the most money. If you are 60 seconds late, you may miss out and lose money. Some people thrive in such a situation. Most do not.)
Source: Yahoo
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