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FOREX Trading

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This might be in the wrong forum - if so please move it and let me know.

I have around £9k of debt left which has been siginificantly reduced by matched betting, casino bagging etc thanks to this site. I have since been looking into the possibility of forex trading as a way of reducing the remaining debt asap.

Basically my questions are:-

Does anybody currently do this?
How successful are they?
What advice can they offer?
Is anybody a member of a website called fxprofessional.net - are they legitimate - if so is the 80% strike rate they talk about real?

I am aware that you can lose as well as profit but just wanted peoples thoughts, comments before I continue down this route?
TIA
Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam

Comments

  • Aegis
    Aegis Posts: 5,695 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I think that if you're trying to get rid of debt, speculation of any description is almost certainly the wrong way to go about it.
    I am a Chartered Financial Planner
    Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.
  • fatpig_2
    fatpig_2 Posts: 631 Forumite
    Sounds like a quick way to lose a packet to me
  • Cranston_2
    Cranston_2 Posts: 197 Forumite
    Sorry to be blunt BUT I am trying to save YOU money

    Does anybody currently do this?
    Yes.

    How successful are they?
    MYOB.


    What advice can they offer?
    You obviously don't have the right skills, so don't try it.


    Is anybody a member of a website called fxprofessional.net - are they legitimate - if so is the 80% strike rate they talk about real?
    No, they are full of BS.


    "Brevity is the soul of wit and it is also the essence of effective communication" Rush Limbaugh.
  • jozvaldo
    jozvaldo Posts: 405 Forumite
    Cranston - no problem I appreciate honesty! but are you saying that you cannot teach an old dog new tricks? you say I don't have the skills - is it something you were born with then? surely you must have learnt?
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
This discussion has been closed.
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