Financial Blog

by Ed Yourdon

Question by Pher M: Is it true forex robots need monitoring the market for days before starting trading themselves on their own?
That’s a feature I would dislike if so

Best answer:

Answer by Jerry
Forex robots are a total scam. All of them. Without exception. Including any you have examined. Including any which someone has recommended. The results are no better than random, which means you will lose consistently after spreads and commissions.

The usual scam is that there is a free demo version. The original system costs a modest amount. Then they want to sell you updates, training, or optimal settings. Anything to keep you paying.

Think this through. Forex is an enormous market. If someone had a reliable automated system to profit in it, the system would be worth $ millions. The owner would be trading like crazy, not trying to scam you out of small amounts.

What do you think? Answer below!

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Question by paras j: Just starting Forex Trading, help required..?
Hello, i have not done forex trading before. but i am interested in forex trading. cany anyone tell me what are the bigging steps for forex trading? what should i do to start my own fx trading? is there any ebook or source which i can use as my base in fx trading.. ? please help fast..

Best answer:

Answer by Joe
Playing Forex can appear alluring, but the majority of people who try it lose money. All you have to do is do a web search on the words “Forex” and “lose” to see this is the consensus.

Forex is what we call a “zero sum” game. You are making a bet with someone else about whether a currency will rise or fall. For every winner there has to be a loser. If you are smarter than the average player, you may make money. If you are dumber than the average player, you are likely to lose money. Most of the people making the “bets” in Forex are highly trained professionals at banks and other institutions. You are unlikely to beat them at this game.

Actually Forex is not quite a zero sum game. It’s a slightly negative sum game as the Forex broker takes a small percentage each time in the spread. It’s a small amount but over a hundred trades, it ends up being a considerable amount of money. So the average player is likely to lose money, and remember the average player is a highly trained professional and probably smarter than you.

There is a lot of luck in forex, and if you play it, you will have some periods of time where you make money. This is usually because you are having a lucky streak, not because you have suddenly become an expert Forex player. However, most people are unwilling to admit their success is due to luck. They become convinced they have a system that works, and lose a lot of money trying to refine it.

Further complicating the problem is the large number of Forex scams on the internet. Most Forex websites are of questionable honesty. You will find many people on the Internet that claim they made a lot of money using Forex. They are usually liars trying to make money. They will say: “Go to Forexcrap . com/q2347.” The “q2347″ is a signal to the Forexcrap site that you are being referred to them by “q2347.” If they sell something to you, “q2347″ gets a kickback. These coded signals can be hidden by different methods in the link. Other people will refer you to their own private website or blog for the purpose of trying to get money off you.

I would recommend not trying to do Forex at all, unless you are a trained professional. It’s like playing poker with people better than you, with the house constantly taking a small percentage from the pot.

Add your own answer in the comments!

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by Anthony Ramos

New Supernatural Comic Book Series Starting in April

New Supernatural Comic Book Series Starting in April

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Home Page > Arts & entertainment > New Supernatural Comic Book Series Starting in April

New Supernatural Comic Book Series Starting in April

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Posted: Feb 21, 2008 |Comments: 0
| Views: 139 |

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The Supernatural fan base is undeniably strong, and they serve as a good market for publishing companies who would like to release material on the Supernatural series. In fact, WildStorm released Supernatural: Origins comic book last year, and it was a fair success. This year, fans will again delight in another release, as Supernatural: Rising Son is coming soon. The new comic book is a six-issue miniseries that will tell another tale about the Winchester brothers. To be released on April 23, the series will follow a 7-year-old Sam and 11-year-old Dean as they travel with their father, John.

Writer Peter Johnson, who is also a co-executive producer on the TV show explained that this series focuses more on John and his dysfunctional family.

“We’re really going to explore the differences between Sam and Dean in this one,” Johnson added. “Dean is becoming aware of what his dad’s up to and we’ll see him training and hunting a little bit, while John will start to key in on something different about Sam.”

Despite being another Supernatural project, show creator Eric Kripke, who contributed hugely to the Origins project, was not present in any way in Rising Son, mostly due to the writers’ strike. Although the strike does not include comic book writers, Kripke saw the thin line between writing for the TV series and writing a comic book based on the series, and thus opted to not be part of it this time.

Johnson added that this action packed series includes familiar faces, creepier monsters, fighter chicks and a villain that may be part of the show itself. This will be one hell of a comic book for Supernatural fans to look out for, and just to add to the excitement, there is a third comic book in its conception stage. As for now, let’s await the release of Supernatural, Rising Son, on April 23.

For more resources about Supernatural or for the full story of New Supernatural Comic Book Series Starting in April please review http://www.buddytv.com

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For more resources about Supernatural or for the full story of New Supernatural Comic Book Series Starting in April please review http://www.buddytv.com

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by Ed Yourdon

Question by Pher M: Is it true forex robots need monitoring the market for days before starting trading?
Is it true forex robots need monitoring the market for days before starting trading themselves on their own?
That’s a feature I would dislike if so

Best answer:

Answer by nitro128usa
Not at all. You can set up your Forex robot / EA and make money right away. Take a look at “Forex Never Lose Trade” http://www.zeroforex.com/?hop=takagicb

Know better? Leave your own answer in the comments!

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Question by Fadi: tips for starting forex trading, Most efficiant way to deposit/withdraw ?
hey, I have decided to start trading forex and picked a broker(SmartTradeFX). Now I would like to know what is the most economic way in general to deposit or withdraw , is it Paypal?

Best answer:

Answer by eToro official
It really depends on the amount you’re thinking about depositing. Some methods charge a flat fee, while others take a percentage of your transfer, especially when it comes to withdrawals. Paypal is good for depositing but they charge quite a large fees for withdrawals. Wire transfers are good for large withdrawals because they only cost a flat fee, which is often less than the percentages charged by PayPal. The best way to deposit and withdraw is probably by credit card (just make sure that the payment form is secure) – but ask the broker first if you can withdraw back to your credit card. At eToro for example we process both deposits and withdrawals by Visa card. Visit http://www.etoro.com/trade/funding-your-account.aspx to learn more.
Hope this is helpful to you.

Give your answer to this question below!

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