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moon11 · 10-31-2007, 02:31 PM

Has anyone found a foolproof way to make money on the forex or other markets ?<br />

java_bean · 10-31-2007, 02:31 PM

foolproof LOLOLOLOLOLOLOL!!HAHA...ya no....but if you do let me know!!

Hawa · 10-31-2007, 02:31 PM

NO ... if there was, I wouldn't be here answering your question and would be on a beach enjoying my riches!!

seo_guru · 10-31-2007, 02:31 PM

No.

But there are several good methods that work reasonably well most of the time.

Lucia · 10-31-2007, 02:31 PM

Case in point: some of the top hedge funds in the world who are made up of some of the most financially versed professionals in the industry took massive losses this this summer. If this can happen, I don't think any Joe who read his Finance Analysis book cover to cover twice is immune from the same. This point can be elaborated on for days but i'll leave it at that. None the less though, they are all still up massively long term. "On a large enough time line, the survival rate for everyone will drop to zero." Fight Club
This can easily be applied to finance.

I would argue that forex can be a bit more volatile than your average equity but I'm sure someone is willing to argue on that.

bill_gatez · 10-31-2007, 02:31 PM

Not on the forex, it's too volatile. But I can give you a very very close to foolproof method to make money on the stock market:

Invest in an index fund (S&P 500, Russell 3000, etc.). Wait 20 years.

Here's an even more foolproof method:
Invest $100-200-500 every month for the next 20 years.

Yeah, I know, it's boring, but it works. People seem to prefer more exciting methods that aren't nearly as likely to work.

200pips · 10-31-2007, 02:31 PM

YES

For an easy strategy that is changing the face of the Foreign Exchange Business with - No Classes ? No Guesswork ? No Charts ? No Graphs ? go to http://www.GlobalMoguls.com

saimon · 10-31-2007, 02:31 PM

There is no foolproof way to make money in the Forex market. And anyone who thinks there is is a fool.

Any technique or strategy used to participate in the Forex market will involve risk. That is the nature of the market.

There are certainly strategies that can be used to mitigate the risks.....but not eliminate them.

Paul

10-31-2007, 02:31 PM	#1
moon11 Greenhorn Join Date: Jul 2006 Posts: 12 Rep Power: 0	Is there are foolproof way to make money trading ? Has anyone found a foolproof way to make money on the forex or other markets ?<br />

10-31-2007, 02:31 PM	#2
java_bean Greenhorn Join Date: Jul 2006 Posts: 46 Rep Power: 6	Is there are foolproof way to make money trading ? foolproof LOLOLOLOLOLOLOL!!HAHA...ya no....but if you do let me know!!

10-31-2007, 02:31 PM	#3
Hawa Greenhorn Join Date: Jul 2006 Posts: 29 Rep Power: 6	Is there are foolproof way to make money trading ? NO ... if there was, I wouldn't be here answering your question and would be on a beach enjoying my riches!!

10-31-2007, 02:31 PM	#4
seo_guru Greenhorn Join Date: Jul 2006 Posts: 30 Rep Power: 6	Is there are foolproof way to make money trading ? No. But there are several good methods that work reasonably well most of the time.

10-31-2007, 02:31 PM	#5
Lucia Greenhorn Join Date: Jul 2006 Posts: 13 Rep Power: 0	Is there are foolproof way to make money trading ? Case in point: some of the top hedge funds in the world who are made up of some of the most financially versed professionals in the industry took massive losses this this summer. If this can happen, I don't think any Joe who read his Finance Analysis book cover to cover twice is immune from the same. This point can be elaborated on for days but i'll leave it at that. None the less though, they are all still up massively long term. "On a large enough time line, the survival rate for everyone will drop to zero." Fight Club This can easily be applied to finance. I would argue that forex can be a bit more volatile than your average equity but I'm sure someone is willing to argue on that.

10-31-2007, 02:31 PM	#6
bill_gatez Savings Advisor Join Date: Jul 2006 Posts: 132 Rep Power: 6	Is there are foolproof way to make money trading ? Not on the forex, it's too volatile. But I can give you a very very close to foolproof method to make money on the stock market: Invest in an index fund (S&P 500, Russell 3000, etc.). Wait 20 years. Here's an even more foolproof method: Invest $100-200-500 every month for the next 20 years. Yeah, I know, it's boring, but it works. People seem to prefer more exciting methods that aren't nearly as likely to work.

10-31-2007, 02:31 PM	#7
200pips Piggy Bank Join Date: Jul 2006 Posts: 54 Rep Power: 6	Is there are foolproof way to make money trading ? YES For an easy strategy that is changing the face of the Foreign Exchange Business with - No Classes ? No Guesswork ? No Charts ? No Graphs ? go to http://www.GlobalMoguls.com

10-31-2007, 02:31 PM	#8
saimon Greenhorn Join Date: Jul 2006 Posts: 45 Rep Power: 6	Is there are foolproof way to make money trading ? There is no foolproof way to make money in the Forex market. And anyone who thinks there is is a fool. Any technique or strategy used to participate in the Forex market will involve risk. That is the nature of the market. There are certainly strategies that can be used to mitigate the risks.....but not eliminate them. Paul

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