6 Tips for New Forex "Investors"

SmartMoney magazine has an article up called Forex 101 that offers 6 things that new currency investors (whatever that means) should be aware of.  In the service of symmetrical aesthetics, they give us a match set of 3 warnings and 3 endorsements about Forex.

I offer my own 6 tips to small, inexperienced, would-be Forex players below:

1.  Don’t do it

2.  Don’t do it

3.  Don’t do it

4.  Don’t do it

5.  Don’t do it, seriously

6.  Don’t do it

Hopefully, I’m being clear enough for those of my readers who haven’t yet experienced the joys of boiler room currency brokers or online “platforms” that actively trade against their customers in an inside market.  With leverage.

If not, feel free to see the below:

at least they’re honest… (TRB)

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  1. Victims of the EUR/CHF | amsterdamtrader commented on Mar 25

    […] will do the trick.  And well, for any tips on trading the forex markets with CFD’s : this is the most useful advice I’ve seen. And it’s from […]