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Topic ClosedForex trading

 
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Hair ViVi

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Chantal34 View Drop Down
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Direct Link To This Post Posted: Jul 11 2009 at 12:27pm
My husband did this last year. He really didn't know what he was doing and ended up losing $500 in 1 hour. You have to really pay attention, you could lose a lot if you're not careful.
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glamrock View Drop Down
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Direct Link To This Post Posted: Jul 12 2009 at 12:14pm
thank you for sharing the info!
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afrokock View Drop Down
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Direct Link To This Post Posted: Jul 26 2009 at 5:31am
Originally posted by sashaa sashaa wrote:

so afrokock: would you mind sharing what your income stream is like from doing this? for example over the past 3 months...how much have you gained? how much have you lost?


across my three dummy accs (each worth 50k) i invested 25k,

on acc a. my trades were the gbp/usd, this has been the most fruitful trade i sold my usd (9k) and bought pounds and the pound has gained as much as .09c over the dollar since my trade. giving me a profit of 810.

my other trades were the gbp/euro and i lost about 2k on that one, and the usd/yen and i just about broke even.

so in total i lost more than i actually gained, but, i can sum this up to my lack of knowledge on the us/japan trade and my still uneducated belief that uk still has a strong hold over europe when we are actually losing our grip and have been doing so for quite sometime. i may need to focus on one currency instead of spreading myself so thinly.

hope that helps
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Aniece28 View Drop Down
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Direct Link To This Post Posted: Jul 29 2009 at 3:07pm
I've always wondered about this.  Thanks for the info.
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