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4 Responses to “Hello Is Any One Familiar With The Forex Foreign Exchange Market?”
Sure its legit. It has its place though and you darned sure better know what and why you are doing it. If I had news of a big Japanese earthquake (or the political earthquake of North Korea successfully testing a nuke), then shorting Yen would be a powerfully profitable move. If I were going to buy something big for my business from Germany and had the hint that the Euro weren’t going to be getting any cheaper in relation to my dollars, that would be a place to look in order to nail down value.
Otherwise, it is like taking candy from babies, babe. Good luck.
It is dominated by huge banks who have access to more information and flow intelligence than you have. It’s incredibly difficult to make money. The brokerage firms are just trying to get you to trade in order to generate commissions. Stay away.
December 2nd, 2009 at 6:30 pm
Sure its legit. It has its place though and you darned sure better know what and why you are doing it. If I had news of a big Japanese earthquake (or the political earthquake of North Korea successfully testing a nuke), then shorting Yen would be a powerfully profitable move. If I were going to buy something big for my business from Germany and had the hint that the Euro weren’t going to be getting any cheaper in relation to my dollars, that would be a place to look in order to nail down value.
Otherwise, it is like taking candy from babies, babe. Good luck.
December 2nd, 2009 at 6:48 pm
Try the links in http://www.hot8sites.com/trading/
December 2nd, 2009 at 6:51 pm
It is dominated by huge banks who have access to more information and flow intelligence than you have. It’s incredibly difficult to make money. The brokerage firms are just trying to get you to trade in order to generate commissions. Stay away.
December 2nd, 2009 at 7:47 pm
it is fine, but you should not trade if you dont have experience