subject: How to learn forex trading without spending money in sri lanka ? [print this page] How to learn forex trading without spending money in sri lanka ?
Can you get rich through forex ? You will never get richer quickly. But you will get Poor quick for sure if you follow misleading forex scams available. There are popular trading platforms which make you think "forex trading is a game".
There are millions of free resources available online to learn how to trade forex exchange as well as paid solutions. Some sites sell automated forex robots which make double your investments every month. They even publish their monthly statements with profits worth thousands of dollars.
When I started I lost money by following forex scams suggested by those gurus & web sites. According to them Forex was just a game. So I don't want any of you who are new to forex trading following those scams and lose money.
Foreign exchange market known as Forex is the largest financial market in the world with $4 Trillion a day trade volume according to New York stock exchange
Forex trading is considered as one of the best & fast ways to make money online if you do it right way.
There are more ways to make money online such as blogging, reading emails, affiliate marketing, online surveys etc but these will not make you big bucks.
There is no risk involved in those ways at all. You will lose nothing even if you complete a survey incorrectly. Comparing Savings Accounts with fixed deposits you will get a lower interest rate for saving for accounts than fixed deposits which means there is a little risk for investing money in fixed deposits. Because you cannot withdraw money for a fixed period.
So if you want to go for a high profit you will need to take a risk at all. So even in forex trading there is a little risk involved in since its based on share market. You have to understand that.
You might lose some trades when you are starting trading. But when you get used you will learn how to deal with properly. If you are new to forex trading don't worry, there are millions of trust worthy free resources available online. Don't ever spend a dime on buying forex learning resources from those gurus that guarantee higher percentage of income improvement from forex . Always stick to free resources at the beginning. You can visit Visit Baby Pips Forex School to learn the basics. Next are the ForexFactory website and specially the James16 Chart Thread. You must follow James16's advice to be profitable in this business.
