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Thread: Why Is Forex So Popular?
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06-14-2013, 09:08 #1
Why Is Forex So Popular?
I'm still scratching my head... There are many types of financial markets out there: commodity markets, stock markets, ETFs, CFD, spread-betting, Sports betting, options, futures and so on. But why is Forex the biggest, the most popular and the fastest-growing? This is an intriguing development, but why? Why? I'm still scratching my head...
Post Thanks / Likemk3fx thanked for this post
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06-20-2013, 09:15 #2
Re: Why Is Forex So Popular?
There are too many bucket shop brokers and too many people who seek to get rich quick. Bucket shop brokers exploit their weakness and advertise forex trading as very simplistic in order to get them to deposit and blow their accounts. Very simple.
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06-21-2013, 02:12 #3
Re: Why Is Forex So Popular?
I also think the ease of access to the markets has so many new traders fooled into believing that success as a forex trader is easy to come by.
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06-21-2013, 03:37 #4
Re: Why Is Forex So Popular?
Forex is as popular in America as a 2 dollar whore with herpes... most people just avoid it... while others take the plunge and fail...
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06-21-2013, 08:53 #5
Re: Why Is Forex So Popular?
Then what about those who take the plunge and succeed?
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06-25-2013, 17:25 #6
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07-08-2013, 04:30 #7
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07-09-2013, 03:49 #8
Re: Why Is Forex So Popular?
0Forex facilitate people as they require they can find account types. it is suitable for low or high investors. People can use leverage to trade in market with a little amount. Forex timing is 24 hours . many people like it for part time business . Now managed accounts make it easy to gain some regular income from forex.
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07-09-2013, 10:53 #9
Re: Why Is Forex So Popular?
I remember when I started, the idea of making money if the price on the chart goes up or down got me to try it, and loved it ever since, of course it wasn't just as easy as entering and exiting, it takes a bit of finesse.
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