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  1. #1
    Join Date
    Aug 2013
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    1,128

    Arrow Can we make the fast money with the forex trading ?

    The mostly traders join the forex trading because they want to make the fast money with the forex trading business so i want to know is there right place to make the fast money and if yes then how we avoided the losses in the trading and how to handle thee market.

  2. #2
    Join Date
    Jun 2013
    Posts
    1,687
    Making fast money is realistic in Forex but at the same time, knowledge will come into play. To an entire newbie, it is very difficult to make it fast in Forex while to someone who's got the skills already, Forex is one of the fastest ways to make profit or have some extra dough over his trading capital.

  3. #3
    Join Date
    Mar 2014
    Posts
    567
    If we are looking at things from an evolutionary point, the instinctive response from fear comes from way back then, resulting in either a ‘fight or flight’ response. We all know the feeling. Our adrenal glands secrete the hormone adrenalin, causing our heartbeat and breathing to increase, preparing us to overcome the potential ‘dangerous’ situation we may be in. In those situations the emotional state of fear is our best friend. In the Forex Market fear might lead to completely different outcome.
    Fear is an emotion induced by a perceived threat which causes entities to quickly pull far away from it and usually hide. It is a basic survival mechanism occurring in response to a specific stimulus, such as pain or the threat of danger. In short, fear is the ability to recognize danger leading to an urge to confront it or flee from it (also known as the fight-or-flight response) but in extreme cases of fear (horror and terror) a freeze or paralysis response is possible.

  4. #4
    Join Date
    Dec 2012
    Posts
    439
    Yes Forex is a good way of making money fast but for we should have good knowledge and skills about Forex. Without knowledge and skills we can not succeed in Forex so we should get education about forex.

  5. #5
    Join Date
    Sep 2011
    Posts
    1,795
    A quick way to make money by trading for quick way to make money from this site need good knowledge and experience with money management then this would traders can easily make good profit if they invest capital in forex market for trade currency make us be much better in this business.

    FBS Deposit Insurance

  6. #6
    Join Date
    Mar 2014
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    567
    He had an ideal, high-paying managerial job at 23 and did not need to give it up for what is generally seen as a high-risk business.

    Yet, Dayanand Gupta quit his job and ventured into foreign exchange trading. The move paid off and two years later, today, Gupta is successful, with a grip on the fundamentals of the business.

    Many prefer to stay away from forex trading, the largest financial market globally. Its daily turnover exceeds $3.8 trillion, three times the combined business of the equity and debt markets in United States. Like the commodities' market, the forex market trades round the clock.

    How does it work?

    Forex trading, simply, is exchanging one currency for another. Most are traded against the dollar. Other highly traded currencies are the euro, pound, yen, Swiss franc and Australian dollar.

    The first currency quoted in a currency pair on forex is called base currency, which is generally the domestic currency. The second currency is called the quote currency and is typically the foreign currency.

    For example, if you were trading in rupee-dollar, rupee would be the base currency and dollar the quote currency. The price shows how much quote currency is needed to get one unit of the base currency.

    In this market, the volume of trade is expressed in the base currency. Example: In a 100,000 rupee-dollar trade, 100,000 is the face value and is a standard contract or a lot. No matter which currency you have in your account, the trading software automatically sets the exchange rate.

    The profit or loss in trade is expressed in the quote currency, as the currency pair price is given in it. For instance, if you buy euro-dollar at 1.3000, and sold it at 1.3010, your profit is $0.0010 or 10 pips for each euro. A pip is the smallest measure of price move on an exchange.

    Spread: Each trade has two prices - bid and ask. The bid price is the rate at which the broker buys and you get on selling. The ask price is the offer price at which the broker sells and you pay to buy. The difference between bid and ask price is the spread (broker's profit).

    In a euro-dollar trade at 1.4000/1.4003, the spread is 3 pips. On trading 100,000 euro-dollar, the broker earns 100,000 x 0.0003 = $30, irrespective of your profit or loss. If the currency pair rises 10 pips (from 1.4000/1.4003 to 1.4010/1.4013), you will earn only 7 pips because you bought at 1.4003 and sold at 1.4010.

    Typically, a lower spread is better for traders, as it gives higher profit.

  7. #7
    Join Date
    Mar 2014
    Posts
    567
    He had an ideal, high-paying managerial job at 23 and did not need to give it up for what is generally seen as a high-risk business.

    Yet, Dayanand Gupta quit his job and ventured into foreign exchange trading. The move paid off and two years later, today, Gupta is successful, with a grip on the fundamentals of the business.

    Many prefer to stay away from forex trading, the largest financial market globally. Its daily turnover exceeds $3.8 trillion, three times the combined business of the equity and debt markets in United States. Like the commodities' market, the forex market trades round the clock.

    How does it work?

    Forex trading, simply, is exchanging one currency for another. Most are traded against the dollar. Other highly traded currencies are the euro, pound, yen, Swiss franc and Australian dollar.

    The first currency quoted in a currency pair on forex is called base currency, which is generally the domestic currency. The second currency is called the quote currency and is typically the foreign currency.

    For example, if you were trading in rupee-dollar, rupee would be the base currency and dollar the quote currency. The price shows how much quote currency is needed to get one unit of the base currency.

    In this market, the volume of trade is expressed in the base currency. Example: In a 100,000 rupee-dollar trade, 100,000 is the face value and is a standard contract or a lot. No matter which currency you have in your account, the trading software automatically sets the exchange rate.

    The profit or loss in trade is expressed in the quote currency, as the currency pair price is given in it. For instance, if you buy euro-dollar at 1.3000, and sold it at 1.3010, your profit is $0.0010 or 10 pips for each euro. A pip is the smallest measure of price move on an exchange.

    Spread: Each trade has two prices - bid and ask. The bid price is the rate at which the broker buys and you get on selling. The ask price is the offer price at which the broker sells and you pay to buy. The difference between bid and ask price is the spread (broker's profit).

    In a euro-dollar trade at 1.4000/1.4003, the spread is 3 pips. On trading 100,000 euro-dollar, the broker earns 100,000 x 0.0003 = $30, irrespective of your profit or loss. If the currency pair rises 10 pips (from 1.4000/1.4003 to 1.4010/1.4013), you will earn only 7 pips because you bought at 1.4003 and sold at 1.4010.

    Typically, a lower spread is better for traders, as it gives higher profit.
    I like his views.

  8. #8
    Join Date
    Aug 2013
    Posts
    1,128
    Yes you are right that if we want to make the fast money with the forex trading then we need to have the good techniques of the trading and have the proper knowledge of the trading and try to mange the risk in the forex business well and i think if we have then we make the fast money with the forex trading business.

  9. #9
    Join Date
    Dec 2011
    Posts
    1,099
    Yes fast money or profit is very possible but the real thing is that we must have a good trading technique which is going to give us alot of knowledge and bring about good trading pattern aside from this we wont even succeed in this market as it hold high risk factor here as well
    Your best services.

    http://www.banktheories.com

  10. #10
    Join Date
    Jun 2014
    Posts
    312
    yes you can make the good earning from the forex business because this business is really profitable to every trader and we have to must gain the knowledge

  11. #11
    Join Date
    Mar 2014
    Posts
    90
    this market is too profitable and you can earn the fast money in this market if you have good skills and good experience about the market you can make the good earning from the forex business

  12. #12
    Join Date
    Dec 2013
    Posts
    355
    We can make money fast, but we must have know the strategy. And before get it, we must learn about forex trading. We also must have skills which always be improved to get better result in forex trading. Try to start trading with demo account first.

    video tutorials

  13. #13
    Join Date
    Jun 2014
    Posts
    312
    it's really good business and we can make to fast money from it.. first we have to must gain the experience knowledge about that because if we are a good experienced trader we can make to good earning from it

  14. #14
    Join Date
    Aug 2013
    Posts
    1,128
    Yes it is no doubt that the forex trading is best way to make the money and we make the money in the trading with the short period of the time but keep in mind that it is high risky to so we need to have the good skills of the trading and techniques of the trading.

  15. #15
    Join Date
    Jun 2014
    Posts
    187
    Yes making fast money is very much possible in the Forex. But i think it will be little difficult for a newbie to making money straight away in the Forex. You need good learning package of Forex to be a successful trader.

  16. #16
    Join Date
    Apr 2013
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    1,305
    Quote Originally Posted by awais View Post
    it's really good business and we can make to fast money from it.. first we have to must gain the experience knowledge about that because if we are a good experienced trader we can make to good earning from it
    Yes, knowledge and experience are very important in forex trading, without the knowledge and experience it's hard to us to minimize the risk of forex and earn extra income from this business. i am learning about forex with Video Tutorial/ this video tutorial give me a better knowledge and experience

  17. #17
    Join Date
    Aug 2013
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    1,128
    i think it is the fastest way to make the profit but the need is that we have understand the nature of the business well and have the good analysis skills of the market then we make the fast money in the trading.

  18. #18
    Join Date
    Dec 2010
    Posts
    7,813
    First of all we can actually double or triple or even earn more each week in forex trading. But the big question is this. Can we actually start trading in forex and make money without taking risk? The higher the risk intake the more likely we can end up making big loses instead of making profit.

  19. #19
    Join Date
    Jan 2014
    Posts
    551
    To make fast money in here will mean that we are going to risk so much money from our capital and this thing is what is going to make you to lose so much money. If you take high risk in forex you are already incredible the risk and if it does not favour you, you may have blown your account.

  20. #20
    Join Date
    Sep 2010
    Posts
    2,948
    traders make fast money since they are able to take advantage from volatility movement. traders has chance to gain profit when they are prepared with good trading skills and strategy. while if they are has lack knowledge, doing scalping or other form of trading techniques will never give them good results.

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