View Single Post
  #17  
Old 28-03-2013, 12:51 AM
gary
Registered User

gary is offline
 
Join Date: Apr 2005
Location: Mt. Kuring-Gai
Posts: 5,999
Quote:
Originally Posted by PCH View Post
Hey Gary,

you certainly can get online and trade Forex. I looked at it about 3 years ago and got a trial account for practicing for a while. Once the trial period was up, I decided to give it away as it is so incredibly highly leveraged that it seemed all too risky.

I can't remember the name of the mob that I got the trial account through, but I do remember I just Googled "Forex Trading" to find it.

Incidentally, at an investment seminar I went to, one of the guys mentioned that Forex Trading was currently the fastest way to lose all your money according to some statistics he read out. Whilst I can't vouch for that, I can quite easily see that it would be very easy to lose pots of money real quick.

I know several people who day trade Forex. They don't readily divulge what 'luck' they have though - lol
Thanks Paul,

I just did a Google myself.

You know if they get Warren Buffett type lucky if they start giving it all away.
Reply With Quote