Monday, December 21, 2009

Make Money Online with Forex

Okay, so you want to make money online without all the crap (I'm talking here about the $20 ebooks that will make you 15,000 times more richer).First, you need to be logic. You can't make $250 in few hours using those stupid methods; they are either blackhat (and will get you kicked off quickly) or SCAM (and here you lost your money on useless stuff).
If you want to make money quickly on the Internet, there's a way: FOREX.Yes, you need some initial funds, if you are at the $0 level, so what about writing few articles and selling them out to make your first $100.
Forex is good to make money, but it's good to lose it too. Generally, what I like about forex investement, that they are stable (your money is +5% or -5% in most of the cases). You won't find 30% loses. This mean if you buy some currency, (dollars) you should sell it as quickly as you made the profit (not like the market and stock model, which is a long time investement, that can grow %70 or drop to %50).
My favorite trading platform is Etoro, it's simple and innovative (best, is I can invest in gold and oil). The special about Etoro, that it gives you a virtual demo with some cash in it (it's a demo, not a real money). This will help you to learn how to trade Forex, before you put real cash. The demo was very helpful (It helped me avoid mistakes, I would make if I traded for real).
Forex needs time, you need to monitor your investement, buy/sell as quickly as possible; Etoro can automatize things for you, like sell when it reachs ++% or --%; I use this feature to generate minimum profit and escape :D I do it then many times...
For you now to trade Forex!

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