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Forex Guru's
Posted on 9/4/13 at 9:57 am
Posted on 9/4/13 at 9:57 am
Anyone on the MB dabble in the Forex Market?
I have been doing my research and am interested in it, wanted to get the MB take on it.
I have been doing my research and am interested in it, wanted to get the MB take on it.
Posted on 9/4/13 at 10:19 am to HamCandy
I've decided if I ever win the Powerball lottery I'm going to put it all into playing the FOREX market until I run out of money......
Posted on 9/4/13 at 10:22 am to LSURussian
quote:
I've decided if I ever win the Powerball lottery I'm going to put it all into playing the FOREX market until I run out of money...
Me too. Shouldn't take long but damn it will be fun.
Posted on 9/4/13 at 10:37 am to HamCandy
What markets are you interested in? Are you willing to lose a lot of sleep? What do you want to know?
My roommate is a trader in the Asian and "kiwi" markets (Aussie, NZ, etc.) and I have a lot of friends that trade FX as well. I also deal with it but more in terms of account exposure hedging.
My roommate is a trader in the Asian and "kiwi" markets (Aussie, NZ, etc.) and I have a lot of friends that trade FX as well. I also deal with it but more in terms of account exposure hedging.
Posted on 9/4/13 at 10:59 am to BennyAndTheInkJets
quote:
BennyAndTheInkJets
Will you hire me? I'm willing to relocate.
And leave my wife if that matters.
Posted on 9/4/13 at 2:40 pm to Broke
You're going to have to fight THF for that.
That's the spirit.
quote:
And leave my wife if that matters.
That's the spirit.
Posted on 9/4/13 at 9:24 pm to HamCandy
quote:
Anyone on the MB dabble in the Forex Market?
If you work for a big bank or fund that's about the only way I'd touch it.
Posted on 9/4/13 at 10:08 pm to HamCandy
I trade it some.
Where most people screw themselves is too much leverage. Just because 200:1 is allowed doesn't mean it should be done.
Also, the main currencies ( usd, EUR, CHF, JPY, AUD, CAD, GBP, etc) have futures contracts that can be traded instead of using FX.
It can be traded like anything else, the key is risk management.
Where most people screw themselves is too much leverage. Just because 200:1 is allowed doesn't mean it should be done.
Also, the main currencies ( usd, EUR, CHF, JPY, AUD, CAD, GBP, etc) have futures contracts that can be traded instead of using FX.
It can be traded like anything else, the key is risk management.
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