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- baboon replied Apr 12, 2006
Forex is not even a game because there is no contract between 2 players involved. Like for example in poker - if I win ( I have highest ranked hand) I'll take your $10, if you win ( you have highest ranked hand) you'll take my $10. No such agreement ...
- baboon replied Apr 2, 2006
As far as I see it position system works as good as a day trading system when scaled for a bigger timeframe.
- baboon replied Apr 1, 2006
As far as I can see it according to your quotes for GBP/USD & EUR/GBP: 1.7376 * .6975 = 1.2119 So you will be buying EUR/USD @1.2119 & selling @1.2117 with a garanteed loss of 2 pips.
- baboon replied Mar 12, 2006
I would consider 30%-35% minimum return as a good one.
- baboon replied Feb 18, 2006
northfinance.com
- baboon replied Jan 28, 2006
What average monthly return do you expect?
- baboon replied Jan 27, 2006
http://www.bloomberg.com/news/markets/currencies.html Dollar Rises After Inflation Gauge Accelerates and New-Home Sales Increase Jan. 27 (Bloomberg) -- The dollar rose against the euro and yen on expectations the Federal Reserve will keep raising ...
- baboon replied Jan 24, 2006
Nobody. The fact that you bought currency pair from somebody does not mean that this guy lost money because of that. The same way if you closed your position ( sold a pair ) it does not mean that somebody who bought it from you made any money. It ...
- baboon replied Jan 21, 2006
I guess you are talking about EURUSD? This one seems kind of stuck in pretty narrow range.
- baboon replied Dec 31, 2005
Banks do speculate too. Speculate is basically synonym to short-term/day trading, hit & run strategies.
- baboon replied Dec 29, 2005
Yes, I would say so. If people were just buying & holding for a longer time the market would not move at all or move much slower.
- baboon replied Dec 28, 2005
I know the answer for question #13. This is simple: Benefits in Forex the guy who buyes at a lower price & sells at a higher price. And the loser is the guy who buyes at a higher price & sells at a lower price. And anyones profits or losses depend ...
- baboon replied Dec 26, 2005
On what time frame?
- baboon replied Dec 4, 2005
AOL, They don't accept the US residents.
- baboon replied Nov 26, 2005
Don't forget that ebay & paypal are affiliates. So it might be different.
- baboon replied Nov 19, 2005
Futures traders can get their money out of refco. Those are Forex traders who have their accounts frozen by Refco so they can't withdraw their money.
- baboon replied Nov 18, 2005
Forex market is better than futures in all aspects except that it's not regulated.
- baboon replied Oct 27, 2005
I believe that you have to pay taxes on your $9000 profit no matter if you withdrew it to your bank or not. Otherwise let's say you were trading for 5 years & then you decided to withdraw all your profits & pay the taxes. So you defered paying taxes ...
- baboon replied Oct 23, 2005
Forgot to use stops ( and was overleveraged ).
- baboon replied Oct 19, 2005
Hmm. For the profit of 50% with the leverage of 2:1 shouldn't be your position increasing by 25% within 30 days? Hard to believe.