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  1. #1
    autocurrency is offline Junior Member
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    Question Is it possible to make money?

    Is it possible to make money with online currency trading if yes than how ?
    [URL="http://www.autocurrencytrading.com/"]ACT[/URL]

  2. #2
    FXlady is offline Junior Member
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    Default

    Quote Originally Posted by autocurrency View Post
    Is it possible to make money with online currency trading if yes than how ?
    like you perhaps (coz you are asking this ) for a while i have not been able to make money in Forex.
    i have tried almost everything, every system there, every robot, no luck. until, not long ago i came across guys who had a different view on Forex and definitely lived out of it and knew how to make money so they suggested to me to have a look for ideas at forex-abc.com and believe you and me it has changed my understanding in how to make money from investing and in this matter Forex.

    So i suggest you have a look and maybe you will find something for your self too.

    Let me know if it helps you too

  3. #3
    FXlady is offline Junior Member
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    Default

    Hey,

    Any robot can have draw downs to a ziltch (to zero) like every system that trades manually if your Money Management is sh**. (there is no 'Wholly Grail' trading system or robot, deal with it the sooner the better)

    As i mentioned earlier (above) the site they brought me a different view on MM when i contacted them personally (paid consultation) and they explained how to run money management for robots, investment and personal trading. It has changed totally my profit loss balance and the view on to investing.

    I will try to make it short. As i mentioned every robot will have a drawdowns so 2 most important things is to calculate what approximate profit it generates in x period (X=month) and with what risk:
    Lets say robot generates a 100% profit or has a 100% drawdown, then the most important thing is the first month for you. if you launch it and it makes a 100% in x period you must withdraw your initial investment and then leave the robot to do its job with its own money not yours:
    2nd -every other x period you withdraw 50% of the profits.

    this way you would have exactly the same amount in your pocket as the robot to trade and if the robot has a drawdown to ziltch and you have your own money back and the money it made for you. lets presume that the robot was trading successfully for few months then you can start all over again with robots money.

    remember, one important thing you shouldn't be trying this with 1 robot, you should do it with few robots simultaneously coz that way you definitely reduce the risks and pull the odds on to your side.

  4. #4
    daniellefr is offline Senior Member
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    Default

    Yes, you can make money. How? Learn the basics, start trading, practice till your nose bleed. Take it seriously and you will see serious results.

  5. #5
    dalandau is offline Junior Member
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    Default I recommend a broker that offers a free course

    I recommend a broker that offers a free course
    Last edited by dalandau; 11-12-2010 at 11:01 AM.

  6. #6
    Roskana is offline Member
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    Default

    The importance of earning money has to be well defined as well to have a happy living. Money is required to educate children, to buy commodities, to enjoy a vacation by planning holidays. These days, there are a lot of offerings for those who want to earn money.

    One can easily earn their extra income by working on Internet or getting into the fantasy of get rich quickly schemes. Internet offers a lot of job opportunities to fulfill the desire to earn the extra money. One needs to take care of the risk involved and must work for the genuine sites without any investments.
    [url=http://bankfiesta.com/All/SunTrust-Bank-Online-Bill-Payment-150-Bonus/related_links]suntrust bank online[/url]

  7. #7
    Ricky Johnson is offline Member
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    Hi autocurrency ,
    Now most of the people are depends on trading market. They are earning a lot of money through it. So it is possible to earn money through trading market, but we should have sufficient knowledge about it. If you want to know "how" then I will suggest you for taking some day trading courses. Hope it will give you more ideas how these people are earning money through trading market.

    Thanks for sharing.

  8. #8
    sharetips033 is offline Banned
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    Default

    Quote Originally Posted by autocurrency View Post
    Is it possible to make money with online currency trading if yes than how ?
    During great economic recessions, the opportunity exists to make money and great investments by taking advantage of everything the recession has to offer. The cost of real estate has plummeted, so what's stopping you from investing in property? The demand for work is tremendous, so why aren't you hiring workers for that business you have dreamt about for the past decade?

    The answer is painfully obvious - in order to make money, you need to have money. And there's one thing people don't have during a recession, it's money.

    While it's hard to earn money in real estate with the price of homes in the tens of thousands, and it's even harder to start up a business, the opportunity to make money on the Forex market always exists. Keep in mind that the opportunity to lose money also exists and traders could sustain a loss of some or all of their initial investment. Wondering how to make money online on the Forex market? You have to learn. How do you learn? We teach you.

  9. #9
    Eddy132 is offline Junior Member
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    Default My Journey: «How I Became Professional Forex Trader»

    Quote Originally Posted by autocurrency View Post
    Is it possible to make money with online currency trading if yes than how ?
    My Journey:

    The story begins in the year of 2003 when I came to the Forex by chance through a friend of mine.

    I didn't waste my time! To learn the basics of trading, I have attended the basic course to become Forex trader ($240) .

    The course lasted for two weeks after which I knew how to run the trading platform, recognize the trend's, what is PIP, etc.

    It was quite logical that this knowledge isn't enough to become profitable which was mentioned by the lecturer in the beginning of the course.

    Since they didn't have advanced trading course, we (attenders) were on our own to find further education about trading.

    It took me 6 months to find an old veteran who knows every little thing when it comes to trading. After I found him, we had sat for a drink and talked:
    He told me that he isn't interested in teaching or coaching but he would like to stay in contact with me.

    After that I have begun talking to him on the phone, or went to a drink with him just to spend few hours talking (he likes to talk very much). I have found out that he has 35 years of experience with stock market and 25 years with Forex.

    We talked about trading, world economy, actual happenings, etc.
    All that time he didn't reveal «the secret» of his success even for a bit!

    As time was passing I have found out that he has tons of money and likes to be anonymous.
    That money doesn't make him happy, when I asked him: «WHY?» He has said: «When you succeed......you will understand!»

    After 6 months of spending time together, I have noticed that when he drinks a whiskey he forgets about time and he starts to open himself a little bit more.

    This was a day when I have decided to start insisting on drinking alcoholic beverages. It was a real jackpot for me.

    After couple of drinks he would start to talk about hidden secrets of trading Forex!

    He says about Forex : «I was there when FOREX has started, we where trading by phones, spread was 50 pip's.....We were making money then. What about you? You have 2 or 3 pip's spread and all you can do is lose your money, lol!»

    In the next few years I have learned a lot from him about trading Forex.
    I am in contact with him even today!

    People often ask me for his phone number to make contact with him but he wishes to stay anonymous. So I cannot give his contact details.

    Thank's to him, today I work as professional Forex trader (money manager) for private investment company.

    I hope that this short text «My journey» will help somebody to see his own goal more easily!


    I wish you Good Luck!

  10. #10
    ForexLion is offline Junior Member
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    Default

    Forex Trading I would say is profitable. Yes, it is possible to make money in Forex Trading by learning the basics and treating it is a BUSINESS. Most beginners actually think that it is easy and after learning a few tricks, they invest their money in it and of course they eventually end up losing their hard earned money.

    You must be psychologically prepared to trade Forex. Remember at all times that you are dealing with perhaps the best brains and the smartest people who at any time are just waiting for an opportunity to TAKE your money. Treat every entry as VERY IMPORTANT and manage your risks and above all HOW MUCH ARE YOU WILLING LOSE? It is difficult to start a business with an initial LOSS, but that is FOREX, most times, you start with MINUS before you get to ZERO and then PLUS.

    Incidentally, sometimes your PROFITS can even become LOSSES.

    Generally, have a trade plan, stick to the plan and do not enter the trade until you are reasonably sure of success. DO NOT RISK MORE THAN 2% OF YOUR CAPITAL in any trade.

    There is a lot more. Start by learning the BASICS and do not be in a hurry.

    Good luck

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