| Why trade Forex?

Why trade Forex?

ahefner_33 asked:


Hello. I have been studying for about 6 months the market of currency trading. Trying to tackle the learning curve and different analysis in this specific market. But I start to wonder when I read most articles and forum posts stating that only a few people profit yearly from this trading. If you do not profit, then why do you trade? It does not really make sense to me why someone would play/work such a volatile market not to make profit? Please someone enlighten me with their view on this. Thanks.

Related posts:

  1. How does one go about learning how to trade currencies? heavy_d65 asked: I would just like some information on trading...
  2. Can someone explain the stock and bond markets? LostKoss asked: I have a basic understanding of the stock...
  3. my ques is on FOREX? masoom_in asked: does U.S play the game ,by determining the...
  4. XE Trade from Japan – How to? Wasabi 007 asked: I was very excited to find out...
  5. Will the trade deficit bankrupt America? …. . .-.. .-.. — asked: The US continues to...

Filed Under Investing | 3 Comments

Tagged With , ,

Comments

3 Responses to “Why trade Forex?”

  1. gfunk on September 22nd, 2009 10:29 am

    Most Forex trading is done by companies and banks to hedge their overseas investments and sales against fluctuations in the local currency- It is not in my opinion anything for an amateur to play with.

  2. slew on September 22nd, 2009 12:34 pm

    Forex is not meant for individual investors. There is a new gimmick to trick people in thinking they could get rich though. I suppose you can if you know a major mover is about to dump alot of cash, but you need alot of money to profit from it. Something an individual investor can’t do. Big fish can’t do it either because heavy trades means you can’t move your money that quick, which is why some can profit when banks or other huge entities dump their cash or buy up lots. Forex is used for international trade. Its how campanies can convert their foreign currence into something they can use. Banking institution needs it not only for trade but to help travelers.

  3. 4xMoneytrain.com on September 25th, 2009 2:36 am

    Want to know how to trade the forex market successfully…go to
    This system uses a hedging strategy and puts you in the 5% bracket of the people that make money in the forex market.
    I am currently using this system with great success.