Forex Trading System - Additional Income or Home Based BusinessThese days Forex Courses offer the oportunity to earn some madditional income or even devote your entire business hours and creat your...

Forex Trading System - Additional Income or Home Based Business

These days Forex Courses offer the oportunity to earn some madditional income or even devote your entire business hours and creat your own home business. Makiing money working from home sounds real good, espacially for moms. There are online courses and mentor to guide you through the whole process of learning and further professional improvement. So what is the best online source for this kind of professional engagement except all the forums i have found online?

Expert Answers
justaguide eNotes educator| Certified Educator

One should not be influenced by these advertisements to consider Forex trading as a source of additional income.

Forex trading by the inexperienced is in no way different from spending all the money you have at a Casino. Actually the amount of leverage involved in Forex trading could mean losing all that you have ten times over.

Forex trading is a negative sum game, where the gain made by someone is always less than the loss made by someone else, thanks to the brokerage and other charges.

To dream of making money here with just a couple of online courses, that would explain to you the terms so that you can place your orders, is foolishness, to say the least.

litteacher8 eNotes educator| Certified Educator

I agree with poster 2.  In addition, any work from home or get rich quick scheme is most likely fraudulent.  The truth is that there are many legitimate home-based businesses, but they do not advertise through e-mail or on places like enotes.  They will advertise on real employment sites.  Don't be fooled!

brandonfuqua | Student

the best thing in forex trading is that it is OTC (over the counter) trade, and it can be done immediatly.

bibika | Student

Hmm, thanks guys:)

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