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What is a foolproof low risk forex strategy?



What is a foolproof low risk forex strategy?
There are many forex strategies on the net but all have their risks. also mentioned. What could be the simplest, safest forex strategy for someone with $ 1000 who loves to be in the forex game.

Best answer:

Answer by Common Sense
Take a year to learn as much as you can and then go very slowly. Anyone that suggests to you that there is a simple way to invest in FX that “works” is either not telling the truth or is ignorant.

Keep in mind that 95% of all new traders lose most of their money in the first 3 months of trading FX. Surely the success rate would be higher if there were any “formulas” that really worked.

Give your answer to this question below!




4 Comments


  1. Dzo (December 19th, 2013 at 5:15 pm)

    Hi,

    There is nothing like a foolproof strategy in gambling like forex and stocks trading. Mostly our success is determined by our luck. But, you can still rely on some experts way of handling such investments. Visit http://stocks.advisorinternet.info for some useful insight into forex trading. Good luck!

  2. Jonathan (December 19th, 2013 at 5:21 pm)

    This strategy is completely amazing. You will be hearing of it very soon. Right now its taking the investment world by storm growing 40% a month. But since it cost 100 a month its not worth it with a 1000 because you pay 10% of your account a month so you would have to make 10%+ a month. That sounds ridiculous but they have averaged 15% a month since they started. I still wouldn’t risk it with 1000 though. You might want to look into selling the product as a strategy. Since its just getting started people are making a ton of money that way as well. There are several people already making 20k a month in risidual income and the strategy has only been around for 1.5 years and now gettting its name out. You sell the product not the business because its so amazing. When someone sees how good the product is they naturally tell everyone they know about and your business grows. Email me and I would be glad to answer any questions for you. Watch the video presentation on the site below.

    http://www.freedomrocksnetwork.com

    Jonathan Stevens

  3. Paul U (December 19th, 2013 at 6:12 pm)

    My team and I use a very simple Forex strategy that reduces risk and eliminates the need to be constantly in front of a computer monitoring your positions. Please keep in mind that I said “reduces risk….not eliminates risk”.

    There is always an element of risk associated with the Forex market the key is to reduce the risk, eliminate the human emotion factor and practice sound money management principles.

    We use a hedged strategy with the EUR/USD and the CHF/USD.

    We use a simple method to indicate the most favorable times to enter the market.

    We use a logical approach as to when to take profits and when to close our positions avoiding major market corrections.

    One of the key strategies of successful Forex trading is to know when to be “in the Forex game” and when to wait on the sidelines and wait for the dust to settle.

    Good luck and I would be happy to kick around some ideas with you.

    Paul
    pupp52@yahoo.com

  4. Jack R (December 19th, 2013 at 6:55 pm)

    There aren’t any “foolproof” investment strategies for either forex or stocks. Only certificates of deposits or bonds have guaranteed results. But, I can relate to wanting to be in the forex game and started poking around myself. The best advice I’ve gotten in terms of a safe strategy is to start with a demo account. If you can’t make money with a demo account where there is no fear or greed involved, then you won’t be able to make a profit when real $ $ $ are at stake! That’s the “simplest, safest” strategy.

    For picking a strategy or an expert to follow, I’d suggest http://www.compareforexadvice.com

    Regardless of who you are thinking of following, go to http://www.forexbastards.com and make sure they have positive feedback (there is a page of readers reviews and rankings)


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