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    Thread: Which do you advise me, investment or personal trading?

    1. #71
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      well it really depends on if you are good at trading or not, if you are good at trading then it is better that you trade by yourself but if you are not that aware about trading then i think you should just invest your money which would be a much better option for you and can give you the satisfied profits.

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      After the experience I had with a pamm manager I never liked investing with pamm anymore, and I won't advise anyone to do it except you know the people one on one, I would advise you to learn and practice on your own go through the risk yourself and you will be amazed at how good you would be at the end.

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      Whether of not you want to be an investor or a trader, depends on some factors. One more these factors is this : Can you handle taking risks and can you handle having four to seven losses in a role? If your answer to this question is yes, then it means you should probably be a trader and not an investor.

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      Trading is not a venture that everyone can engage in and that is the reality, if you cannot stand taking risks, it's good that you give your money to people that have learned the art and thereby expect profit from what you have invested based on the agreement reached between both parties.
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      If you can do personal trading than investment you will learn alot for yourself and someone can take it from you, investment is more riskier than personal trading because you can easily invest your money to someone that know nothing about forex and the money will gone.

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      Personally, I prefer to start trading my own account and taking my risks into my hands than allowing someone else to do it for me, because it would give my more opportunities to start learning and mastering about the forex trading business over time.
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      You know, in this life people have different grace, some have gone through the risk and difficult times and still they came out strong and better trader, but some can not just gone through half of it they become discouraged, you know yourself more than anyone else, if you can learn and be the trader yourself better, but if not look for a good pamm and invest.

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      Quote Originally Posted by quluhuala View Post
      If a new trader is coming into the Forex market will you advise the trader to only invest his money into pamm account or with an experienced trader or will you encourage him to start learning and be prepared to go through the risks that you have gone through already and become a trader himself?
      I will suggest you to spend time in learning and practicing. First learn this business perfectly and then think about investing your capital. Do not get hurry to invest your money. This business is not running anywhere. So take time to understand this business and then think about making money.

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      One of the great things about forex market is that you can make profit from it without trading by yourself. There are PAMM accounts offered as well as copy trading where you can invest in good trader and he makes money for you. But still I think first and foremost traders should learn to trade for themselves and they will always have the option of investing in PAMM accounts.

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      if anyone wants to enjoy the forex trading business best, it would be preferable for the person to learn and acquire good knowledge on the business. your financial success should not be tied to another person. you need to trade by yourself. you can however invest with others as an additional. when the person fails, you do not feel it much.
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