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| Margin trader shocked by speculation loss |
Actual Question
What are some of the good resources
to study about Forex markets and Forex trading?
Answer
Dear Friend!
Sorry, I do not trade stocks, commodities and
forex.
I also request you to kindly desist from doing
so.
Actually it is not trading but speculating
which is very dangerous.
The trading lots are very big and the margin is
low, which magnifies the gains/ losses many folds. Mostly people incur losses
only.
Very long time back I used to trade in stocks
and incurred huge loss and since then stopped trading and became a value
investor.
You want become really rich and accumulate a
huge wealth you can surely and safely achieve these objectives through value
investing.
I have suggested a few articles for you to
read. They talk about stocks but not about forex and commodities but in reality
when we talk about trading all are the same and all the risks are same.
Thank you,
With Best Regards
Anand
Suggested Reading:
- Day Trading
- Margin Trading Definition
- Can One Get Rich From The Stock Market?
- Is the Stock Market a Place to Make a Fast Buck?
- Is There A Mathematical Formula for Option Trading?
- How Can I Become a Millionaire Quickly?
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