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Thread: Why Is Forex So Popular?

      
  1. #1
    Show Me The Money! wizard77's Avatar
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    Default 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...
    Thanks mk3fx thanked for this post

  2. #2
    Pips Are My Game thelastbear's Avatar
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    Default 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.

  3. #3
    Pips Are My Game Rambo35's Avatar
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    Default 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.

  4. #4
    My Charts Talk To Me mk3fx's Avatar
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    Default 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...


  5. #5
    Show Me The Money! wizard77's Avatar
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    Default Re: Why Is Forex So Popular?

    Then what about those who take the plunge and succeed?

  6. #6
    My Charts Talk To Me ACE's Avatar
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    Default Re: Why Is Forex So Popular?

    Quote Originally Posted by wizard77 View Post
    Then what about those who take the plunge and succeed?
    You won't find many on this forum... we're all trying to find the grail here


    The superior person uses his mind like a mirror: it accepts all, it reflects all. It recieves, but it does not keep.
    Chuang Tzu

  7. #7
    Pips Are My Game EU_TRADER's Avatar
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    Default Re: Why Is Forex So Popular?

    Quote Originally Posted by ACE View Post
    You won't find many on this forum... we're all trying to find the grail here
    I'm succeeding, but that goes to the 2 dollar hooker comment, I don't live in the usa.

  8. #8
    Pips Are My Game UMOFX IB's Avatar
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    Default 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.
    UMOFX | FSP Regulated | NDD Broker | Deposit and Get up to $2000 Bonus

  9. #9
    Pippier Than Thou! ChartWizQ's Avatar
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    Default 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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