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The time now is 10/07/08 - 00:32

Should I learn Forex currency trading before I start it?


RealCool.BIZ Forum Index -> Investments & Trading -> Foreign Exchanges - Forex

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sybilla
Apprentice


Joined: 28 Oct 2005
Posts: 4



PostPosted: 04/21/08 - 05:47    Post subject: Reply with quote

Good afternoon everybody. My name is Shannon and I was wondering if you could give me some advice about Forex currency trading. I would like to invest my money there, but I don’t possess much knowledge about it. Should I learn Forex currency trading before I start it? Thank you for your posts.
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torrin
Apprentice


Joined: 17 Jun 2006
Posts: 1



PostPosted: 05/20/08 - 23:17    Post subject: Reply with quote

Hello hello Shannon. I think that you should, especially because you don’t have the experience in that area and the forex market is especially risky. I would like to use this opportunity to give you couple of tips. The basic thing that you have to do is never to trust to very good offers. There will be companies which will offer you huge profit. Don’t buy it, they are usually frauds. What you should do is always check the credentials of all that you’re working with. You should also never trade on margin, unless you’re totally familiar with the market. Well, that would be all. I wish you all the best. Bye!
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