I wish to know more about online Forex trading.?

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playing forex can appear alluring, majority of people try lose money. have do web search on words "forex" , "lose" see consensus.

forex call "zero sum" game. making bet else whether currency rise or fall. every winner there has loser. if smarter average player, may make money. if dumber average player, lose money. of people making "bets" in forex highly trained professionals @ banks , other institutions. unlikely beat them @ game.

forex not quite 0 sum game. it's negative sum game forex broker takes small percentage each time in spread. it's small amount on hundred trades, ends being considerable amount of money. average player lose money, , remember average player highly trained professional , smarter you.

there lot of luck in forex, , if play it, have periods of time make money. because having lucky streak, not because have become expert forex player. however, people unwilling admit success due luck. become convinced have system works, , lose lot of money trying refine it.

further complicating problem large number of forex scams on internet. forex websites of questionable honesty. find many people on internet claim made lot of money using forex. liars trying make money. say: "go forexcrap,com/q2347." "q2347" signal forexcrap site being referred them "q2347." if sell you, "q2347" gets kickback. these coded signals can hidden different methods in link. other people refer own private website or blog purpose of trying money off you. there number of trolls out there pretend successful forex traders fun of it.

recommend not trying forex @ all, unless trained professional. it's playing poker people better you, house taking small percentage pot.

somebody tell me ten best forex trading companies should consult.


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