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Is forex the best investment?

  • #21
  • Jul 27, 2008 12:21am Jul 27, 2008 12:21am
For me, forex not investment, but is a kind of trading.

Real estate, long term shares holding, fund, that might considered as investment.
  • #22
  • Jul 27, 2008 10:09pm Jul 27, 2008 10:09pm
Quoting mphpopular
For me, forex not investment, but is a kind of trading.

Real estate, long term shares holding, fund, that might considered as investment.

I agree 110%. Just remember, there are countless ways to make money grow. Don't put all your effort into just the Forex market.

Bonds, stocks, ETFs, drug running ventures, gun smuggling....hell, there's money to be made everywhere! Try not to be blinded by Forex like so many others, and ignore other more "boring" ventures.



Clockwork
  • #23
  • Sep 7, 2014 6:45am Sep 7, 2014 6:45am
i think the best way to make forex a good investment is to look at set-ups on higher time frames and hold them for a while.
  • #24
  • Sep 7, 2014 2:41pm Sep 7, 2014 2:41pm
Quoting Vfforexlee
Hi everyone, I've been into forex in and out for sometimes during this year. I've always wondered if this kind of market is the "get rich quick" kind of environment. I'm 18 and I'm thinking about doing forex for a living after I graduated from college. What do you think is better than spending times learning forex?

Ill answer this this a little differently. Right now, avoid FX. You'll make more trading any number of alternative instruments. Good luck.
In life you get 3 types of people, those who can count and those who can't.
  • #25
  • Sep 7, 2014 2:53pm Sep 7, 2014 2:53pm
sure, why not
  • #26
  • Sep 8, 2014 7:00am Sep 8, 2014 7:00am
Forex is like every other market, you would have to work at it in order to make pips..and apart from the hard work, there's discipline and patience, good luck..
  • #27
  • Sep 9, 2014 12:46am Sep 9, 2014 12:46am
Obviously its not the best one with small capital. To be realistic, you some cash to start with.

The ones who say yes are "profitable"

The ones who are not sure, are "Not profitable" or investment is too small to make a living
  • #28
  • Sep 11, 2014 6:29am Sep 11, 2014 6:29am
I think Forex is a good investment!
The reason is :
Daily I can take the money back to my banking accout.
In real estates , I have to wait until itīs sold to get my money back.
W.
  • #29
  • Sep 11, 2014 10:00am Sep 11, 2014 10:00am
Quoting Vfforexlee
Hi everyone, I've been into forex in and out for sometimes during this year. I've always wondered if this kind of market is the "get rich quick" kind of environment. I'm 18 and I'm thinking about doing forex for a living after I graduated from college. What do you think is better than spending times learning forex?
I just hope you have been graduated by now. Did you make some millions so far? OK Forex trading is interesting, not for living but for some extra pocket money, i know some people who quit from their jobs because they thought that they could be millionaires!
  • #30
  • Sep 12, 2014 8:22am Sep 12, 2014 8:22am
Quoting willie
I think Forex is a good investment! The reason is : Daily I can take the money back to my banking accout. In real estates , I have to wait until itīs sold to get my money back. W.
You forgot the risk here. You cannot talk about investments without risk
  • #31
  • Sep 16, 2014 9:03am Sep 16, 2014 9:03am
Quoting Vfforexlee
{quote} Hi, tdion. I'm back but in a new way. What a ride! I have been here for the past 5 months learning forex every day and I finally come to the conclusion: yes, I can do forex.
Nicely done..and that attitude should go a long way, happy trading..
  • #32
  • Sep 16, 2014 9:15am Sep 16, 2014 9:15am
Well first of all, there is no way to "learn" forex. Can you learn Roulette? Forex is gambling, as you never know how the price will develop.
Forex is a losers game.
  • #33
  • Sep 16, 2014 9:37am Sep 16, 2014 9:37am
Quoting trader121
Well first of all, there is no way to "learn" forex. Can you learn Roulette? Forex is gambling, as you never know how the price will develop.
That's why you need a plan and system with money management rules.
  • #34
  • Sep 18, 2014 5:06am Sep 18, 2014 5:06am
Quoting trader121
Well first of all, there is no way to "learn" forex. Can you learn Roulette? Forex is gambling, as you never know how the price will develop.
Forex is not gambling, far from it. Most of the strategies used by traders are based on careful analysis, and not on luck..
  • #35
  • Sep 19, 2014 2:58am Sep 19, 2014 2:58am
this thread was started in 2008 the guy was 18 and he should be about 24 years old, i wonder if he ended up trading forex as he planned.
  • #36
  • Sep 19, 2014 11:34am Sep 19, 2014 11:34am
Yup, that's the million dollar question .. I don't think he is planning to post an update here anytime soon but we can make an educated guess..
  • #37
  • Sep 22, 2014 4:15am Sep 22, 2014 4:15am
If you are patience person and can hold your greed the WELCOME TO FOREX
  • #38
  • Sep 23, 2014 7:47am Sep 23, 2014 7:47am
Quoting Parox
{quote} You forgot the risk here. You cannot talk about investments without risk
Everything is risky.
In FX market you can lose quick .. in real estate market you can lose slow but stable..
There is no holy grail anywhere.
So why not.
With a common strat and a longterm view itīs a part of my investments.
  • #39
  • Aug 11, 2020 5:42am Aug 11, 2020 5:42am
Yes, I think Its the best option as an investment. If you have proper knowledge about this market, it can make you rich.
  • #40
  • Aug 12, 2020 4:46pm Aug 12, 2020 4:46pm
The stock market may be better suited for long-term investment in good companies, but because the forex is a market with high liquidity and high efficiency, not only short-term trader but also long-term trader is suitable for this market. FX can be more attractive, especially for trader with small capital, which allows them to build larger positions than other market.
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