A friend told me that there is easy money to be made in trading foreign currency - FOREX.

Is this true or is it a quick way to lose your money?

Asked by someonemin

1 Answer

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Answered by Paul Richardson, IFA in Wotton under Edge, GLOUCESTERSHIRE
Forex trading can be very risky - currency pairings can move very quickly, through information flows and therefore losing you a lot of money, you can also make money if you know what you are doing.

stick to the investment principals -

If it looks to good to be true - it normally is ...
If you don't understand it - don't invest in it ...
No such thing as easy money !!


| 10.14.12 @ 16:25
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$commenter.renderDisplayableName() — {comment} | 08.20.17 @ 06:04
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Answered by

Paul Richardson
Paul Richardson, IFA in Wotton under Edge, GLOUCESTERSHIRE

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