Anyone here trade Forex?

http://www.babypips.com/

When ready, open a MIG account.

forex offered on net today is in 90% gambling, you dont really trade, they just bet against you and in 90% of the cases people loose.

why its gamling - just google, too lazy to explain

Be careful with trading volatile stocks. Don't go all in. You say you are worrying about $2,000 or $500. These are large sums of money. The Forex market is 24/7. You talk about a guy that makes 4-8k/month. That is hard to believe.

On our level, it is a complete gamble. Charting, looking for trends, using the various graphs ... can be better used as toilet paper these last few years.

When I learned the brokers can intentionally move the market just enough to trigger some of their clients stop losses, I stopped setting mine. Ive been down the rabbit hole for thousands, having one currency lose value, so I would hedge my losses, by betting big on the new temporary currency trend. Ive gone to sleep after ninja style trading for 28 hours +, only to wake up 6,000 in the hole, twice.

Will I ever go back to Forex? You bet! It may be the fastest way to lose money, but it is among the quickest as well. Just need to have the time to give it the proper attention it deserves.

My own personal tip, dont trade/bet on the pending news. Its a wild ride for the first 45 minutes +. Let it settle a bit, before entering the game.

I do Binary Options if you can spot 30 minute trends you will do well

I do.

ICQ Sig

A good friend of mine has owned a forex trading firm for about the last 10 years and he's told me every single fucker loses. Period.

So prepare to lose whatever you put up.

Short the euro/dollar long term.

I value all financial advice given on an online porn board

Yes I trade FOREX.

GOLD, SILVER and some pairs like Aussie and EURO.

It takes some time to learn, know the secrets and make some money.

Started reading in year 2005.

Started trading demo in year 2006.

Started trading live in 2009, where I lost a few hundreds.

2010, I started doing some money, a few hundred.

2011, I did a few thousand dollars and this year I already did the same as 2011 and going to double it.

With good money management you can slowly start bulilding your account and when you have a 100K account it will be easier to make more money. If you follow the rules and a good system, It's not hard to do a 25% per year, so with a 100K account it will be 25K extra per year.

Problem is that newbies try to do 500% with a 5K account and they kill their account.

Bad money managment and under capitalization will kill your account. Stay away from robots or holy grails. They don't work.

Good luck, dude.