Forex Digest

Does "forex made easy" system work? Can someone explain the trading of the four currencies. Can anyone do the trading from their home computer?

The headline and name "Forex Made Easy" is a gimmick to get new customers. I would say the company is legitimate, but the name is simply an advertising ploy to draw new customers. They've tried to make the "process" of setting up a Forex account "easy," but you have to go through the same process anywhere you open an account.

The gimmick here is that it implies that "trading the Forex" is "easy." It seems to imply that all trading is "Easy" as long as you sign up with them. If that were true, we would all be rich.

Trading is the most difficult endeavor you will ever undertake. To think it could be "easy" is unrealistic, unreasonable, irrational. Dream on.

2006-08-27 23:41:57 by jloe22

If so, is it as good as they advertise it to be or is it just another one of those make money from home scams that only makes its creators rich? As with all other home based business "opportunities" it seems far too good to be true.

I've not tried this but as a rule would say don't until you're fully up to speed on the in's and outs of forex first. The main problem is that it's very pricey and you need a lot of money up front to get it and then use to trade with it. If you don't have that money available to lose then don't do it.

I made the mistake a couple of years ago getting some spread betting software called Goldline. It cost me £5000 and I had to start with a £2000 pot. The creators sell pitch was that that 2k was for 20 trades and they'd never had 20 go against them in sequence...

That sounded fine until you think, well how about if 15 go th wrong way,m you win 2 and then 10 more go bad - wipe out.

Anyway, it was rubbish, I'd have been better of taking the signals and betting the other way! And so not only did the 2k pot get burned I was left with 5k of software that was worse than useless.

So coming back to thing, software that promises a lot. be very careful and only use money for it and the trades that you can afford to lose.

To start with get starter courses and when you feel ready get an account, a mini type that you can dummy trade on and do dummy trades for as long as it takes to get comfortable and confident.

Also, any decent account will have lots of built in software tpe features, you just need to learn how to use it and learn about signals and what they mean.

Once you've gone all though this then maybe it's time to look at dealer type software solutions.

Hope this helps anyway. Anyone reading this who is looking at Goldline for index trades - don't!

For forex software, I've recently started a blog on forex (link below) which includes some articles and links to further sources e.g, http://www.forexsoftware-trader.info which is a site offering a free forex basics course as well as a paid product.

Hope this helps and good luck making money :-)

2008-01-10 16:34:15 by GENERALE

I just stumbled upon Easy-Forex and am very interested in investing some money. Has anyone used this service? would you recomend it?

To CA guy,

Easy forex was established by forex trading professionals and professional software developers with the main goal of satisfying the needs, wants and requirements of forex traders and investors since the very beginning of their first trading deal. They provide forex traders with secure and user friendly forex trading software.

Easy Forex provides many, many features and benefits like high leverage, superior personal account management, 24 hour assistance, the latest technology security and a totally transparent system with no hidden fees. Also, you don't need to download a thing since everything is run online.

If wondering about serious issues like scams, Easy Forex is totally void of those as they are regulated by the National Futures Association. So its safe to join!

Theres a more comprehensive article below which will help you decide whether to join or not. No matter what, remember the golden rule. Invest only on your risk capital! Good luck!

2008-02-12 14:10:15 by CA guy

Give me your opinion and some details...looks too simple and then again, it is an infomercial but i'm curious nonetheless.

its a total scam they want you to pay big money to use there software. dont get me wrong there is some useful info at these events but everything leads up to a sales pitch. and they will even try to lower the price just get you in . theres no easy way to make unless you rob a bank. the only way to be sucessful in forex is to study as much as you can and then when you feel comfortable then open up a forex account. i used a practice account for alittle over 1 year before i traded my own money

2007-09-18 14:48:11 by OohWhee

im planning but hesitates becoz the upfront cost is $3k alone and its not a guarantee you can make money i need advise ty!

Only if you want to stay up all night when the market it opened. I took 3000 that I would of invested in 4x made easy oh yea and the monthly fee to get the data feed on top of that. and I went to this website. I put in 3000 and I have made 764 since September 29th 2006. I don't stay up all night and I follow the program. Take profits when I have them and collect daily interest when I don't www.freedominforex.com take 15 minutes and watch the presentation and then see how you can save your 3k

2006-10-26 06:01:38 by a&d