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August 25 2013

Q: Can anyone recommend a website which invests in the forex trade with investors money so I dont have to?

forex broker

Q&A: Can anyone recommend a website which invests in the forex trade with investors money so I dont have to?

I want to trade in forex but would rather get an agent to do this,does this happen? and can anyone recommend a website to do this?…I am not looking for scam HYIP websites

goldsenze.com Answer:

That’s right…. there’s plenty of legit web sites/brokers that trade in Futures & Forex for clients. They are not hyped & to a large degree are “legit”. Most of the traders that are successful & trade for average sized accounts $ 10,000 – $ 500,000 can do well…. at times. Other times they can easily lose 50% or more of an accounts value. This happens especially with the ones with outrageously high returns for a small period of time.

Even though you won’t be trading, you need to understand the market in order to pick the best trader. Read some books. Read some magazines;

http://www.currencytradermag.com/

http://www.futuresmag.com/

You should also understand how even some of the most respected large and small firms blowup and destroy account value (ie: PFG);

http://www.futuresmag.com/2012/08/20/pfg-victims-give-trustee-f-in-communication?ref=hp

PFG Traded customer accounts for Futures and Forex. They were one of the biggest firms out there. Fraud brought them down.

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August 23 2013

FAQ: Is it possible to lose more money than you invest in Forex trading?

Q: Is it possible to lose more money than you invest in Forex trading?

They have those auto pilot programs that have you invest 50 dollars starting. Not a huge investment, and wont spit out a lot of money in the long run, but If you invested 50 dollars in a forex program, is it possible to end up owing more than you invested? Or is it just that you can lose 50 dollars and end up back at 0, and not in the negative? Just curious.

Goldsenze Answer:

i think it is, unlike stock your losses and gains are theoretically unlimited.

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July 29 2013

Question: Is Forex trading a good way to make money?

forex market

Question: Is Forex trading a good way to make money?

I need some opinions from experienced people about money trading in Forex. Is it really that risky?

www.goldsenze.com Answer:

It’s with nearly every market trading: If you know the market and know what is most likely to happen, you can’t go wrong with forex trading.

But if you think it’s not risky and you will earn money anyway with forex trading, I would suggest keeping your hands off it.

Just start reading about forex trading and learn what you need to know and see where it takes you.

But I would suggest learning by reading first instead of learning by failing.

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How much money should you have in your FOREX acount in order to earn an income?

FAQ: How much money should you have in your FOREX acount in order to earn an income?

I am planning to add funds to my online FOREX account and I am wondering what would be the appropriate amount of money to start off with in the account to where I can generate enough revenue to earn an income off my profits. I know you need at least $ 1000 just to play in the market but that amount is not enough to make money on. What would I need to have in my account to where I can start compounding the little profits that I make here and there?

Answer:

Earning a living with Forex is dependent on three factors. First, your starting account balance. Second, your actual performance level. And third, your living requirements.

If you are opening an account with $ 500…the answer is no…you will not be able to make a living at Forex. Even $ 1000, $ 5000, $ 10,000 or $ 25,000 would not be enough of an initial account size to make a comfortable living in the Forex market.

The next area of importance is your skill as a Forex trader or the effectiveness of the strategy that you follow. If you are a 50/50 trader and win on half of your trades and lose the other half you cannot make a living at Forex. If you have the time, the patience, the discipline and the knowledge to make at least 20 pips in 4 out of 5 days of daily trading you may have a good shot at making a living from the Forex market.

If you are looking for the best forex software, visit this site

http://the-best-forex-software-in-internet.blogspot.com/

This software is the best software that can help increase your trading profit and user friendly.

Best Wishes,

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June 03 2013

May 12 2013

I am looking to invest money. Where can I find what sectors are giving the highest returns? – goldsenze

Question: I am looking to invest money. Where can I find what sectors are giving the highest returns?

Is it the constrcution industry – building houses ? 100% returns?
Is it the stock market?
Is it forex trading?

Goldsenze Answer:

check investors business daily.

2013 has started with a lot of new videos on investments by Robson Hayashida. Robson Hayashida meets Adam Tsui and explains about the difference between inve…

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May 02 2013

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