Really hard to make money on the forex without having a lot of it. The daily movements are really small.
EDIT: OH SHIT! YOU CUT YOUR HAIR!!
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Feb-25-2009 23:53
Sunsnail
Global Moderator
Registered: Sep 2004
Location:
quote:
Originally posted by Krypton
Really hard to make money on the forex without having a lot of it. The daily movements are really small.
yeah... not worth the trouble. It's not like stocks, it's zero-sum or w/e you want to call it.
Feb-25-2009 23:55
Krypton
83.798 g/6.022x10^23
Registered: Nov 2003
Location: Texas
Forex is pointless unless you have millions to trade or work for a large financial institution as a forex trader. I once fell for their "open a practice account". I ended up receiving phone calls asking why I haven't deposited any money into the account.
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Feb-26-2009 00:08
dimadelux
Supreme tranceaddict
Registered: May 2008
Location: MakeMe
if you want to waste your money than sure
1. drugs
2. hookers
3. forex
Feb-26-2009 15:34
chimera66
PARTOUZE
Registered: Jun 2006
Location: Left Coast
unless you have a shit load of money and time you aren't going to make any money...i used to play it for "fun"
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quote:
Originally posted by Ygrene
I once saw Swamper peel off 4 or 5 $100 bills from a fat roll and say this to Donald Trump: "Go clean yourself up; you look like a bum.". And then he threw the bills right in Trump's face/hair! Then Swamper and his entourage of 30, who were all wearing TA monogramed Rolexes, left the room and flew to Hawaii for a few hours because Del wanted fresh coconut.
To his defense, Trump didn't even really look like a bum.
Feb-26-2009 16:03
simplcake
tranceaddict
Registered: Sep 2005
Location: NY
i would advise you to save up and deposit at least $2500, and be ready to loose it in 2 days. mini accounts are worthless, you wont make anything unless you keep adding up everyday with big gains
i've been trading for a while, i trade EUR/USD mostly and doing it quite well
Feb-26-2009 17:51
Krypton
83.798 g/6.022x10^23
Registered: Nov 2003
Location: Texas
quote:
Originally posted by ********
what about all these "organizations" and suggested pip time trades?
anyone follow the advice of these neural network based human analyzed tradepoint suggestion services?
If you rely on some "organization" or "professional" to tell you what to do with your own money, there is a serious problem, and the result will be you losing your money.
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Feb-28-2009 05:35
chimera66
PARTOUZE
Registered: Jun 2006
Location: Left Coast
^true story. why is forex suddenly becoming so popular? i feel like people think they can get rich quick doing this, which makes absolutely no sense if they think for one moment how it actually works.
___________________
quote:
Originally posted by Ygrene
I once saw Swamper peel off 4 or 5 $100 bills from a fat roll and say this to Donald Trump: "Go clean yourself up; you look like a bum.". And then he threw the bills right in Trump's face/hair! Then Swamper and his entourage of 30, who were all wearing TA monogramed Rolexes, left the room and flew to Hawaii for a few hours because Del wanted fresh coconut.
To his defense, Trump didn't even really look like a bum.