Expert: Steve Hach - 5/21/2011

Question
Dear Steve Hach
I'm a total beginner in currency exchange filed no idea how it works, but I trying to start buying and selling currency online with very little amount like 100 or 200 USD, requesting if you guide me how I get more information online to know that what is the why and what are the things to check before buying and selling the currency, if there is any website where I can try as demo for this?
I’m staying in UAE (Dubai) and already working in Logistic Company and having enough income for my need, just trying to start additional income from online at Home.

Thank you for your kind assistance and help,
Jamil AZ

Answer
Jamil,

investing in FOREX is one of the most difficult and riskiest investments there is...

I do NOT recommend this activity for individual investors.

It is basically like gambling, and it is well documented that amateur investor provide easy money for the professionals.

Therefore, I cannot recommend any website or other info on this topic.

Best,

Steve