Is Forex Trading A Profitable Business

Is forex trading a profitable business

Hi Everyone,

I am here to tell you in a nut shell the simple truth about forex trading.

It is real and very very profitable and also very very very v, e, r, r, y risky.

Go ask buffet(Richest man in the world)

Forex trading is not different from what we see in the bereau de change where they buy dollars to sell pounds or sell eur to bur pound or dollars but in the case of automated forex trading, we see these trades take place in mutes or hours and even days and months depending on the way you want to trade.

But because we can;t trade on our own, that is where we need a broker to trade on their platform and they charge their own commision per each trade you execute.

Note these points:

1.

If you don't have a good source of money inflow, you cannot trade forex
2. If you hate reading and constant self improvement, forex is not for you.
3.

Starting a Forex Trading Company

If you are greedy, simple forget about forex trading.

I can continue to list many factors that affect forex trading business in Nigeria and the number factor is that many people trading forex in Nigeria are poor or jobless and this is not good for forex trading because if you are not careful, you may lose so much that you may need to fund your account to continue traing and that is where the other financial source comes in.

But this is no big deal because you are supposed to demo trade for as long as you are sure you can trade real money so no fear.

For your information, i have been demo trading for close to three months and i am still demo trading but i am now experienced enough to trade real money so i just funded my account with just $150 and by september i will put in 1000usd.

Now enough of all these ecclesiastical mumbo jumbo and lets get down to the basis.

IF you are really interested in starting a forex trading business, then you can totally depend on these info worth thousands of dollars but i will give you free of charge.

Follow these steps to get started.

1.

Get a desktop or laptop computer with good speed and processor with internet connection. Use a good dial up for a start.
2. Go to babypips.com and read the online forex for beginners book (This is the best e-book for forex newbies)
3. Go to google and write the phrase (Downloading interbank platform for forex demo trading) Note that you can use any platform later when ready for real trading and you can continue with interbank. So familarise yourself with trading with platforms which is a practical approach rather than giving yourself headache raeding your life out.

Simply read the manual about the platform which you can get from the help section on the platform.
4. Please read extensively on money management as this is the area many people fail in forex. And read extensively about resistance and support level as well as trend lines as these areas are the focal points of making money in forex.

With babypips.com and a demo account for you to practise with, forex will make more sence to you and you can hope for that financial freedom you have always dreamt about.

Trading forex is the best thing that will ever happen to you.

Depending on your start up cap1tal and lot size you can make 100usd, 1000usd, 10000usd, 100000usd, 1000000usd or more in just one day and you can also lose same.

Now let me show you why many people lose money so swiftly in forex and they come out saying forex trading is a scam.

Look at this two traders, one is disciplined and the other is very greedy.

I will be using some terms but you will understand them as you read your babypips beginners education.

DISCIPLINED TRADER

Opens a live trading account with lets say $1000 and on a daily basis, he makes only 7 trade.

On the average, he wins 4 trades and loses 3 on a daily basis.
lets say he buys GBP/USD and he trades 0.1 lot, he stop his losses at 30pips($30) and he takes his profit at 80pips($80) and at the end of the day lets say he was able to make just 7 trades and he lost 3 and won 4, this means a loss of $90 an a win of $320 making $230 PROFIT for that day.



INDISCIPLINED TRADER

Opens a live trading account with lets say $1000 and on a daily basis, he makes only 7 tradeS. On the average, he wins 4 trades and loses 3 on a daily basis.
lets say he buys GBP/USD and he trades 1 lot, he stop his losses at 30pips($300) and he takes his profit at 80pips($800) and at the end of the day lets say he was able to make just 7 trades and he lost 3 and won 4, this means a loss of $900 an a win of $2400 making $2300 for that day.



I can hear you say so what the heck, he still made $2300 at the end of the day but have you asked your self what would have happened if he lost in the first two trades, that means he will not have enough money to trade profitably as he will be left with $400 and this will be two little to trade a good margin.

So you can see how easy it is for a greedy man to lose all his money trading forex and that is the story of many Nigerians in particular, they want to trade bigger lot with smaller amount thereby losing all their money but why can;t they be ok with at least 200usd or even 100usd profit daily and build their trading capital to the level where they can conviniently trade bugger lots.

And for those who are really interested and are only hoping to get even a computer system, we are designing a program that will put you on your road to forex trading in a matter of months.

So are you interested in Trading forex profitably?

Just send me an e-mail and i will reach you how to make consistent profits only if you are ready to be very disciplined.


For more info on forex trading e-mail [email protected]

Thanks

18 Likes 1 ShareRe: Forex Trading: How Profitable?

by ephisi(m): 2:55pm On Aug 23, 2008

Dont mind all this forex trades oh, im also a froex trader myself.

Is forex trading a profitable business

Big boys in dis game dont come online asking to show u d way.

To anyone who is interested in forex, i must let u know that it is very very risky.
It will take u over 1yr to become a baby trader and over 3yrs to become a pro. Its very profitable, but my guy u have to bew ready to face d stress of ur lifer. especially psycologically.

Truth is forex trading is just like evfery other biz. The disiplined and pro traders make anything from 10% to 50% monthly.

People selling rechargf cads and make this returns, people selling clothes can make dis returns, many businesses can make dis retuirns.

So u must have a passion for forex, also b prepared to loose up to 5000dollars ore more b4 u start making it in forex.

yes oh dats d truth. Im tired of typing , if u want to hear more [email protected]
i will only be telling you what dis is really all about and make sure forex is really what u wnat to do.

Be warned.

All thes gutys here, tell them to show u their account statements of 1year with evidence of withdrawals from ther account.


That will be a good start
cheers

4 Likes Re: Forex Trading: How Profitable? by ephisi(m): 5:38pm On Aug 23, 2008

Guy its very obvious u are not trading a live account.

If u are not trading live, stop promoting somtin thats not working for u already.

First on ur demo acount, u are not practising any moneymanagement.

U set a take profit without setting a stoploss.

U have already risked or actually lost 5%(about 100pips) of ur account just to make 0.6%(15pips).

2 Likes 2 SharesRe: Forex Trading: How Profitable?

by Toks2008(m): 11:20am On Aug 25, 2008

ephisi:

Guy its very obvious u are not trading a live account.

If u are not trading live, stop promoting somtin thats not working for u already.

First on your demo acount, u are not practising any moneymanagement.

You set a take profit without setting a stoploss.

You have already risked or actually lost 5%(about 100pips) of your account just to make 0.6%(15pips).



I believe you are not referring to my post because i did set a stop loss and take profit with 2 instances of good and bad money management.


ephisi:

Dont mind all this forex trades oh, im also a froex trader myself.

Big boys in this game don't come online asking to show u d way.

To anyone who is interested in forex, i must let u know that it is very very risky.
It will take u over 1yr to become a baby trader and over 3yrs to become a pro.

Its very profitable, but my guy u have to bew ready to face d stress of your lifer. especially psycologically.

Truth is forex trading is just like evfery other biz. The disiplined and pro traders make anything from 10% to 50% monthly. People selling rechargf cads and make this returns, people selling clothes can make this returns, many businesses can make this retuirns.

So u must have a passion for forex, also b prepared to loose up to 5000dollars ore more before u start making it in forex.

yes oh that is d truth.

I'm tired of typing , if u want to hear more [email protected]
i will only be telling you what this is really all about and make sure forex is really what u wnat to do.

Be warned.

All thes gutys here, tell them to show u their account statements of 1year with evidence of withdrawals from ther account.
That will be a good start
cheers



Mr please will you be honest enough to tell Nairalanders how long you traded on demo before trading live, maybe this was what led to your loss and therefore made all the assertions in your post.

If you are knowledgable in Forex, you will understand that it does not take a month to know how to trade forex profitably but all it takes is proper self education with practical approach with good money management.

What on earth made you conclude that it will take years to be a seasoned trader and why do you think that the big gurus will not spend time educating other people for a token fee.

Haba, where did the good e-books like babypips and the likes come from? and where did the good trading softwares like forex killer, winning solutions come from? ofcourse from the gurus.

Everyone wants to make money so why won't they teach others for profits.

Let me be clear here, any openminded person will read my post and agree with the points i mentioned there and i would have pasted my demo account result here except that print screen function on my laptop is not responding to show that you don't have to spend months let alone years to be a profitable Forex trader.

I wonder why many people love deciet, if i have come here with some manupulative chart picture of my earnings, you would have believed me but because i said i have been demo trading for about 3months now, you are asking for a proof and who says the result of demo trading will not reflect in live trading.

Bros, life is a matter of choice and i have learnt in life that myopic people don't go far in life.

Let people wait to see one year's screen shot of earnings before they learn the business,afterall, its never too late cos the business have been there even before i was born.

And lastly, i have not asked a dime from anyone rather i only shared my knowledge and experience with people to learn from.

Thanks all the same

12 Likes 2 SharesRe: Forex Trading: How Profitable? by Toks2008(m): 4:01pm On Aug 25, 2008

Hi everyone, some sent me a mail asking about softwares combination for forex trading.

Here is my reply to him so i am posting it here for you to learn from it.

Thanks for your e-mail,

The truth is that using softwares for trading outrightly can be very misleading but when combined with your knowlegde in Forex, you will only use it as a guide and not just as a 100% trading signal.

If you use winning solutions then i will advise that you strictly stick to the rules by buying when the trade enters the blue region but always use a buy stop and place it 5pips above the stipulated price quote then take your profit at 10pips below the take profit quote of the software but most times we see that the profit exceeds the blue area up to the overbought or oversold region,

Now to maximise your profit, i advice that you add to the winning position by adding another long trade by placing a buy stop of same currency pair a little above 5pips into the blue region and take profit at the same 10pips less than the software quote or you may let your profit run and use a trail stop of 15 0r 25pips

Using this signal with this method, you will be sure to get the best from wss without really looking for any added software.

Why people complain that some softwares are not, working is because they lack the rudimentary knowlegde about forex trading and depends solely on the software.

Try reading about pivot points,then combine it with any software you are using, i am sure you will get a better result.

Thanks

3 Likes Re: Forex Trading: How Profitable? by Toks2008(m): 1:05am On Aug 26, 2008

Hello nairalanders,

A nairalander sent me the following mail:

hi Toks,

Am intrested in the recharge card business.Let me know your price for the
information.

secondly, i have gone for forex trading trainning and opened an
account,but i lost all my money, i would like to know how to make profit on that
too and the price for your information on it. thanks


Below is my response for all of you to learn from.

Thanks so much for your e-mail.

The truth is that as per the recharge voucher stuff, i was honest enough to let nairalanders know that if you know you cannot find a way distributing them every day, then don't think about it except ofcourse you don't mind making 1k in  a week.

off quote (Let me also remind you that i can really help you with useful tips on how you can actually profit from it without going about distributing but you may have to look at a bigger financial set up like 1m and above)

Secondly as per the forex thing, i will offer to train you for free, mark my word free until you are able to trade profitably then you can pay me later at an agreed fee.

Off quote (Please if you are a nairalander interested in making money trading forex, please post any question here and i will be glad to train you for  free until you start making at least 50 to 100pips daily then we can talk about payment terms.

And as you can see what i wrote in my earlier post, this mailer lost all his or her money simply due to naivity because i am sure he or she rushed into live trading without demo trading for at least 2 or 3 months.

If you want to profit in forex, never ever ever trade live accout until you can conveniently place ten trades without losing more than two or three.

Thanks

Make great income online.
http://www.diamondfield.info

1 Like 1 ShareRe: Forex Trading: How Profitable?

by Efiko(m): 10:53pm On Aug 30, 2008

Check out our account statement as attached

@ Royal Trading,
we are too busy to bore you with advertisement jingo. We are not forex marketers or suckers but forex traders who trade full time for a living & 4real

find attached our trading statement, third party login coming soon where any one can log into our account on alpari platform to view our performance real time.


Ayegba Emmanuel O
Lead Trader
Royal Trading
08053541343

Head office,
Green Insight Inc.
L4, Ahmadu Bello Way
Kaduna

2 Likes Re: Forex Trading: How Profitable?

by ephisi(m): 9:13am On Sep 02, 2008

Toks, the truth is bitter, very bitter. If u want to train eople tell them d truth of this game. I tell people the truth so that if they cant withstand d psycological strain of losing , the run away.

Rule no 1, do not trade with money u cannot afford to loose.

Is forex trading a profitable business


i am not saying u cant make money trading forex. What i am saying is that it dosnt come easy. Even with the best traingin, u are not guaranteed profit. simple.

Best flooring option vinyl or laminate

Why?

because as i said earlier, its all about psychology. 10% trading system, 90% psychologgy.
A profitable system is not a guarantee of making money. i dont know exactly how to explain it but toks will understand what i mean. Alot of peopl train on system, softwares, techniques, but how many people do u hear talking about trainingon trading psychology and mental fitness.

Starting a Forex Trading Company – A Complete Guide

If u like use all d systems profitable on earth without mental fintness and trading psycology. it will get u no where.
Thtas why i said it will take u time to become a seasoned trader.

Why will people invest in multiple crypto currencies


Any one can trade under 1month, but not anyone can make money trading forex in just 3monhts.
u make money, u ill certainly give it back to d market iff u havnt spent time trading.

i still maintain my stand, it will take u atleast 1yr to become an average trader.

Also, the good traders dont waste time looking for people to train, people runafter them.

if u are a trainer, u wont have time to trade, and if ure a trader u wont have time to trains shikena

1 Like Re: Forex Trading: How Profitable?

by Toks2008(m): 12:00pm On Sep 03, 2008

ephisi:

Toks, the truth is bitter, very bitter.

If u want to train eople tell them d truth of this game. I tell people the truth so that if they can't withstand d psycological strain of losing , the run away.

Rule no 1, do not trade with money u cannot afford to loose.

Is forex trading a profitable business


i am not saying u can't make money trading forex. What i am saying is that it dosnt come easy. Even with the best traingin, u are not guaranteed profit. simple. Why?

because as i said earlier, its all about psychology.

10% trading system, 90% psychologgy.
A profitable system is not a guarantee of making money. i don't know exactly how to explain it but toks will understand what i mean.

Here's why you'll NEVER make money in Forex. The Forex Cycle of Doom...

Alot of peopl train on system, softwares, techniques, but how many people do u hear talking about trainingon trading psychology and mental fitness. If u like use all d systems profitable on earth without mental fintness and trading psycology.

it will get u no where.
Thtas why i said it will take u time to become a seasoned trader.

Post new comment


Any one can trade under 1month, but not anyone can make money trading forex in just 3monhts.
u make money, u ill certainly give it back to d market iff u havnt spent time trading.

i still maintain my stand, it will take u atleast 1yr to become an average trader.

Also, the good traders don't waste time looking for people to train, people runafter them.

if u are a trainer, u wont have time to trade, and if ure a trader u wont have time to trains shikena



I get the angle you are coming from but never-the-less, the truth of forex trading is that it requires proper self education and training and the number one killer of forex traders is emotion.

That is why i wrote earlier on that for you to trade without emotions, make sure you use proper money management and ofcourse you should have another source of income to cushon any effect as a result pf losses if inqured.

About having time to train people, i have a dedicated time set aside for this and my training is online based through chatting which makes it very easy for me.

And the way i do this is in a very informal manner which makes a totally dull person to get the drift of the market easily and to be a profitable trader in a very short time.

I checked your thread on forex factory and if u will agree with me,you were trading as well as chatting so i totally disagree with the notion that traders good traders don't have time training people.

As for looking for tranees, i am not doing that but due to my nature of wanting to share information, i simply offer to train people free to a level where they are sure of trading profitably then they can pay for the second part of my training which will make them place profitable trades and winning consecutively.

Thanks

1 Like Re: Forex Trading: How Profitable?

by mikkyjay(m): 5:56pm On Sep 03, 2008

hey toks pls i need this one on one training from you is it possible? pls help me i ve sent u mail on this too pls i need to learn this now thanks a lot

Re: Forex Trading: How Profitable?

by ephisi(m): 6:02pm On Sep 03, 2008

Now u understand what im trying to say. That emotion part is the hardest part of learning. You will agree with me thet you cannot cure that sickness in 3monts. its just like a drunkard, or a womanizer.

it takes time

its good we are now agreeing to a lot of things. i love to spread the truth about forex traing and i love forex. Happy trading

2 Likes Re: Forex Trading: How Profitable? by Toks2008(m): 7:30pm On Sep 03, 2008

Ok Folks lets get started.

If you need a real time practical training from me. then simply add this e-mail to your messenger list. [email protected]

You are not qualified for this training if

1.

You dont have a very good computer with at least a dial up connection for a start.
2. If you are not willing to constantly educate yourself

Now before you start chatting me up, follow these simple steps.

1.

Starting a Forex Trading Company – Sample Business Plan Template

Visit google and type the phrase "Downloading mt4 demo platform for forex trading" you will see different options so choose anyone and follow simple instructions to download but for ease of training, you can download interbank mt4 demo platform.

2. Visit babypips.com to read the free training manual which ofcourse will be our training handout.

3.

Leave the reat to me.

thanks

toks

1 Like Re: Forex Trading: How Profitable?

Forex Trading: How Profitable? - Business - Nairaland

by Toks2008(m): 3:27pm On Sep 08, 2008

I have recieved several e-mails asking me to give the combination of good technical indicators to use and also the practical steps to follow.

We will be using the principle of Kiss(keep it simple stupid)

Ok These are the simple steps,

1.

Add [email protected]
2. Download interbank demo mt4 platform.(Go to google to type in the phrase)
3. Open a demo account with 200usd
4. Now use bollinger bands with 100sma and candlestick charts and add RSI(14) to it Remember to read about trend lines, support and resistance because these are the strategies we will be using. And also remember to visit http://www.babypips.com to get free education while i guide you with the pracrical.



I am train people online on mondays and tuesdays, so see you in the chat room.


Thanks

Re: Forex Trading: How Profitable?

by olugbon01(m): 4:32pm On Sep 09, 2008

it seem there are a lot of traders in da house. i neva knew, i just like every bit of wat i have read from these posts

Re: Forex Trading: How Profitable?

by cornel318(m): 11:21am On Sep 11, 2008

@Toks2008 . Can u please give me ur e-mail & No. we need to talk.
my e-mail is :[email protected] but i sent u a mail to the other e-mail in the post.

1 Like Re: Forex Trading: How Profitable?

by kenflipper(m): 2:01pm On Sep 11, 2008

toks2008 your insight showed you actually into forex. But what you didnt mention is that the platform on which anyone trades largely determine that person's fustration or success. No body is asking how brokers or platform providers make their profit. Before you trade make sure you do alot of home work to ensure that the platform on which you are trading isnt a trap. while demo trading, use two or three platforms and observe price rise and price fall.

Sometime when you set ur stop loss and take profit, you dont have to wait for your profit or loss to get to what you have set.

Admiral Markets Group consists of the following firms:

Say for instance you set your profit and you see it rising from +$50 to +$150 it remains stagnant for a while drizzles down to +40 and rises again, I for one would close it, if it goes up again to +150 without waiting for it to get to the take profit i initially set.

Thats instinct trading. Now the question is how immediate are u able to close when u click the close deal. Some platform delibrately delay it in order that market volatility can affect ur profit.

Others over extend the spread between the buy and sell, the spread margin is a major trap that most trader dont consider. I bet you alot of professional still trade on platforms that are not credible. There is a site where people state their experiences i will search for it and post it here you will all be suprise especially those already trading who think they are trading with a sincere trading platform.

my platform ok and its tax free so far, i m still observing, if i catch them delaying my trading i will withdraw from the platform no excuse. Some people in Nigeria think oh!, its internet connect that caused it, No way! its the broker from ur trading platform they deliberatly slow ur request to buy or sell.

2 Likes Re: Forex Trading: How Profitable?

by icon2: 4:58pm On Sep 11, 2008

Hi guy i need someone to give me link to some forex brokers that uses meta4 trading platform, pls the broker should be one already tested and trusted and has its minimum acc opening not more than $1000.

I also need a free trading aid sofftware with accurate buy and sell signals.
My email is
[email protected]

Re: Forex Trading: How Profitable? by Toks2008(m): 1:50am On Sep 12, 2008

icon2:

Hi guy i need someone to give me link to some forex brokers that uses meta4 trading platform, please the broker should be one already tested and trusted and has its minimum acc opening not more than $1000.

I also need a free trading aid sofftware with accurate buy and sell signals.
My email is
[email protected]


Hi Bros,

In view of this, i will gladly suggest that you spend more time educating yourself by still demo trading for another two or three months if you dont want to have your hands burnt.

You dont need any trading software to be a successful trader.

The fear of trading software is the beginnning of wisdom. Create your trading style.

I suggest you read about Pivot ponts, trend lines with support and resistance. Love them like you love your lady and embrace strict money management like your life and you will have no problem in trading.

For those willing to get training from me, please follow the steps i wrote above.

Thanks

1 Like Re: Forex Trading: How Profitable?

by icon2: 3:07pm On Sep 12, 2008

Hi Bros,

In view of this, i will gladly suggest that you spend more time educating yourself by still demo trading for another two or three months if you don't want to have your hands burnt.

You don't need any trading software to be a successful trader. The fear of trading software is the beginnning of wisdom.

Create your trading style.

I suggest you read about Pivot ponts, trend lines with support and resistance.

Invest Wisely

Love them like you love your lady and embrace strict money management like your life and you will have no problem in trading.

For those willing to get training from me, please follow the steps i wrote above.

Thanks


Whats up bro,
Thanks a million for your kind reply, it really did help me.

but i still need to get a good broker using m4 trading platform, like i said b4 one tested and trusted.

THANKS

Re: Forex Trading: How Profitable? by rabwas: 3:10pm On Sep 12, 2008

sorry guyz i just wanna hit wit guyz in oau i just to get useful infomation that love u guyz

Re: Forex Trading: How Profitable?

by ndumart: 12:17am On Sep 13, 2008

Guys, am interested in this forex stuff. will appreciate it if anyone is ready to help me out.

Re: Forex Trading: How Profitable?

by femzy(m): 1:18am On Sep 13, 2008

ndumart:

Guys, am interested in this forex stuff.

Is Forex Trading A Profitable Business?

will appreciate it if anyone is ready to help me out.



From the way many of these newbies talk, i just laff, Forex is more of an art(point of correction)

1 Like Re: Forex Trading: How Profitable? by kokorunna(m): 10:32am On Sep 17, 2008

Forex Trading is very profitable and risky, but you do not need to pay anyone to teach you.



Drop me an email [email protected] and I will send you some information

www.moneysaversforum.com

1 Like 1 ShareRe: Forex Trading: How Profitable? by Toks2008(m): 12:34pm On Sep 18, 2008

kokorunna:

Forex Trading is very profitable and risky, but you do not need to pay anyone to teach you.



Drop me an email [email protected] and I will send you some information

www.moneysaversforum.com


I quite agree with your notion but never the less, you definitely need someone to put you through and that is tantamount to teaching. It is this teaching or whatever you may term it that people pay for.

For instance, today, i can say i am a good trader making profits consistently but before i got to this level, i read my head out day and night trying to get the drift of forex trading.

At a stage, my wife got so angry that she treathened to hide away my laptop since it has taken her place.

But now, i can be proud to say boldly that i am a good forex trader but you know what; despite all the stuffs i read, someone still helped me out on the use of mt4 platforms which ofcourse without his help, i will still be distances away from trading profitably.

So bro, you definitely need someone to teach you some key trading methods to make it in forex.

That is why i encourage every interested individuals to add my e-mail to his friend list so that i can give them free mentoring to a level where they are sure of making profits consistently.

Thanks

2 Likes Re: Forex Trading: How Profitable?

by kokorunna(m): 11:54am On Oct 10, 2008

For starters you can learn the basic from www.babypips.com

www.moneysaversforum.com

Re: Forex Trading: How Profitable?

Is Forex Trading Really Profitable And Can You Do It?

by Toks2008(m): 9:23pm On Oct 10, 2008

Hello everyone,

Please and please i would like to advice any one not to overlook the importance of trading micro lots and never to open a live account with a broker that does'nt offer micro lots which are from 0.01 t0 0.09.

I am a swing trader and i am used to trading micro lots which a high risk/profit ratio but this was because i usually place lots like 0.05 or even less and this allows me to make consistent profits but i once tried trading a mini lot of 0.1 which is not too high though but not ideal for swing trading that has a low capital.

Believe this or not, i lost close to 2000usd trying to scalp since i was unable to swing trade with the broker i used (Fxpro)

Why i am writing this is to warn every intending Forex trader to look for brokers that allow micro (not mini) lots as this allows you to make a decent income of about 100 to 150usd daily with a trading capital of 1000 or 1500usd.

Please forget scalping I REPEAT, FORGET SCALPING EXCEPT YOU WANT TO BURN OFF YOUR HARD EARNED CASH

If you want to learn swing trading, i will gladly be of great help.

It gives u peace of mind and you are sure of making profits 8 out of 10 trades.

Be warned

1.

Choose a broker that offers micro lots.
2, Swing trade and never scalp

Forex trading is very profitable but please start small. The same techniques you are using to make 100usd daily with 1500USD capital will make you 1000USD  daily in a couple of months time when you have built your account up to 10,000usd,

Stay blessed

5 Likes 1 ShareRe: Forex Trading: How Profitable?

by phazos(m): 5:43am On Oct 14, 2008

I MUST CONFESS FOREX IS REAL; U MUST HAVE THE PASSION TO MAKE IT AND PLS DEMO TRADE WELL ALSO MAKE SURE U GO 4 TRAINING 4RM A GOOD FOREX TRADER I ASSURE U U WILL CONFIRM

1 Like Re: Forex Trading: How Profitable? by goodness2: 5:05pm On Oct 14, 2008

Hi.,
Forex is technical.

Learn the basics for successful trading
experience.
Thanks
gooodness2
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Re: Forex Trading: How Profitable? by stockitiva(m): 11:11pm On Oct 17, 2008

1.If you are interested in becoming a forex trader,then add me to you yahoo messenger and we will take it from there. yahoo messenger id: stockitiva
2.If you are not interested in trading, then a Managed Forex Account Can Help You.

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Re: Forex Trading: How Profitable? by etrades(m): 5:54pm On Oct 18, 2008

Personal Message: From the Desk of Joel, ORIABURE.
1STOP FX Solutions, Director.

Dear Aspiring FOREX traders/investors,

Do you know you can earn up to 50% or more monthly without you trading FOREX yourself?



Imagine you just waking up on the 31st of every month, with your money waiting for you in your Bank Account without you doing any work at all.

This is Exactly what will happen to you shortly with this Amazing and proven system of making money through your FOREX Account without you touching your computer or trading or opening your FOREX account at all.

Yes.

Internet Marketing

You rake in profits every month. Without having to do any work yourself, this is simply perfect. I have not seen a system as simple as this in my entire life.

- Have you traded and lost so much money?
- Do you have problems with trading at all?
- Is it that you do not have time to trade yourself?
- Are you afraid of losing money yourself?

Then this is definitely for you.

Is forex trading a profitable business

Yes, it is for you. We will do all the work required to make you money in the FOREX market, and all you have to do is to sit back and relax and cash your profit at the end of the month.

One good thing about this is that you have complete control over your account all the time.

Come with me as I show you how to cash in on this amazing opportunity.

FOREX Managed Account
A managed FOREX account can give an investor who cannot watch the market 24 hours a day an opportunity to participate in the colossal world of FOREX trading (US$1,000 minimum). A managed FOREX account may also be appropriate for the investor who prefers to have his capital managed by professionals. Studies of professionally managed FOREX accounts have shown returns that are not related to the performance of the stock market.

Consequently, allocating a portion of an investment portfolio to a FOREX managed account may be an appropriate way to increase the portfolio's total diversification.

Who are we?
We are professional FOREX traders with vast experience in trading currencies.

We are not affiliated to any FOREX broker. We are a privately managed home-based money managers and we are trying to help people realize their financial needs by profiting from the FOREX market.

How does it work?
Its very simple…. we simply execute trades for you on your online FOREX account with our introducing broker http://www.fxpro.com or broker of your choice. With our top secret trading methods, we guarantee a 50% or more profits on your initial capital monthly!

Please Note:
1.We do not accept money from individuals or companies.

You must open a FOREX account personally and you will be in total control of the funds and profits.
2.Though we guarantee 50% or more profit monthly, we do not hold any liability in exceptionally cases of loses as FOREX involves considerable risk.
3.We profit from your profits only!

Is forex trading a profitable business

You do not need to pay us from your pocket.

Who can we trade for?
Anybody who has a live FOREX account .You can open a live FOREX account with our introducing broker http://www.fxpro.com or broker of your choice. Due to the amount of accounts we manage, we are limiting our services to clients who have an initial capital of $1,000USD minimum and only 10 clients in a month.

What do we gain from helping you?
30% of the profit made every week excluding initial capital.

We will trade your account for you and guarantee a 50% or more profit monthly. You will withdraw funds every two-week from your FOREX account and send us our commission before the end of the following week.

Detailed explanation…
You are expected to open live FOREX trading account with our introducing broker http://www.fxpro.com or broker of your choice.

You will fund the account with $1,000USD and above. (Brokers do not accept third party deposits or withdrawal.

This gives you absolute control and security over your money.) Withdrawals can only be made to the bank account that the deposit came from.

We will execute trades on your FOREX account (Not bank account) and make profit. You will then have to withdraw 30% of the profit and send to us as our commission. You can also withdraw money for yourself anytime you want but with a 3 day written notice sent to us.

We will continue to trade for you as long as you remit our commission accordingly.

What you stand to gain?
Week 1…. $1,000 (initial capital) = makes profit of $700. Minus 30% comm. ($210). You have a total of $1,490.00

Contact: [email protected] or call (+234) 08078289975
For live chat: Please add [email protected] to your yahoo messenger.


Benefits
Transparency.
1.

You still have your account with you
2. 100% safety on your account.
3.

Is forex trading a profitable business

24-hours access to check our transactions
4. SMS/E-mail notifications to carry you along.
5. And lots more.

Other Benefits
1.

You are allowed to open your domiciliary account by yourself.
2. You register with the platform you like and only give us your Trading platform login details. i.e. we don't need your Domiciliary Account/FOREX account apart from login details.
3. You can monitor your investment

Contact: [email protected] or call (+234) 08078289975
For live chat: Please add [email protected] to your yahoo messenger.



"We also help intending investors to open an account with our introducing broker platform(s)."

If you want us to help you manage your FOREX portfolio.

Contact us to get our application package.

Our application package includes:
1. Risk Disclosure Statement.
2. Trading Philosophy.
3. Application Form.
4. Agreement Form.

Joel, ORIABURE.
1STOP FX Solutions.
(FOREX Fund Manager).
[email protected]
(+234) 08078289975

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