Just askin'.
Do you believe in Support and Resistance? 61 replies
How can you believe a forex broker? 5 replies
Do you believe in divergence? 11 replies
Do you believe in nest trading words... 0 replies
Some NFP forecasts talk about 200-360k ?? you believe ? 11 replies
DislikedA real perspective of what Money exchange is (forex) .
I believe that , since money exchange for speculative purpose (retail) has been gaining popularity, easy to do from your own home, Wall street has been doing a systematic campaign to discredit the possibility to invest in a foreign currency. The potential loss in Investment money for them is huge... and they would be completely out of the loop from commission and manipulations.
Actually, "exchange" is way older then any other financial market.. products for products, later...Ignored
DislikedI have the other question, do you guys believe in armageddon on 21/12/12? how do you think, that believe will affect the markets?Ignored
DislikedIn every money making opportunity there are scams and there are also people who 'believe' in easy get rich quick. They feed each other - well one feeds the other, the muppets feed the scammers...
Like anything else that makes people rich there is hard work, persistance and resilience involved which 90% of people aren't prepared to do. If you want a sucessful business and are prepared to do what it takes then go for it. This goes for FX, stocks, real estate, information marketing, MLM, writing a book, selling stuff on ebay- whatever.
If...Ignored
Dislikedlet me be very straight with you, as fx trading is your forefather business, are u making money out of it?Ignored
DislikedIn this business,
90% of participants hand money to top 10% players.
I guess you can call it a scam, 10% scam the rest.
On the other hand, if you can make it to the top,
you make money regularly like any successful business person with very little risk. An earthquake, or any one disaster won't put your assets in danger. Only World War lll breaks out suddenly might cause you some limited loss.Ignored
DislikedWhy is so hard for some to understand that about 65% to 70% of the total money exchanged in the world
IS NOT for speculation.... No winner nor losers.
Why newbies and not so newbies think that the whole Foreign exchange market revolve around them.. That every body
that change money is looking at a chart...
Where is 90% / 10% come from??? Just from some Brokers stats of small speculators?? Sure... Does it mean that 90% money went to a 10% winners??? What a nonsense.
Neither your winnings means somebody lost it, neither your loss...Ignored
DislikedIn this business,
90% of participants hand money to top 10% players.
I guess you can call it a scam, 10% scam the rest.
On the other hand, if you can make it to the top,
you make money regularly like any successful business person with very little risk. An earthquake, or any one disaster won't put your assets in danger. Only World War lll breaks out suddenly might cause you some limited loss.Ignored
DislikedWell, I am a newbie, I never heard of Forex 18 years ago when my family moved to another country, yet, we lost half of our assets in 2 years time due to exchange rate moves. People buy cars and houses don't lose money on Forex market moves?! I am not convinced. But, I am a newbie, you go ahead and being right.
Happy Christmas to everybody!Ignored
DislikedMany I speak to tell me that forex is a scam and unregulated due to being decentralized. This brings me to a question. If it is decentrailzed and some brokers are market makers or ECN's, how is it that all data and charts are similar. I would expect it to vary a lot due to different data feeds order books, order flow between different partcipants. However, it seems (data) charts for the most part are very similar. which is strange for a market that is not central and could technically have a lot of sub markets all over the place (different brokers,...Ignored
DislikedHello Chica.
The wonder of money exchange... But is not that hard.
Here a few principles that may help you to understand:
- No Broker or Bank has "inventory" of Euros, Dollars, Yen, etc. for sale. I mean an American Bank
has dollars and European Banks have euros but they do not "hold" big amount currencies different then their own
books currency. But Banks and Brokers are in the business of "exchanging" money and they "Quote" 2 prices to whoever
want to exchange ... saying we buy euros at this price and we sell it to this other. These...Ignored