Wednesday, August 30, 2006

High Risk Forex Trading


Talking about investment, my friend asked me about Forex trading. I advise her not to try to invest ( or speculate) on Forex due to high risk.

To predict the movement of one currency exchange rate is very complicated and there are many factors that affect the up & down of one currency, even the experience Forex dealer in banking institution can not get the right prediction, how can we, the less knowledgeable one not to suffered losses from this high risk game.

To predict the movement of the currency exchange rate is almost equal to gambling in Casino. Unless you are the 'expert' in dealing with Forex.

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