I think I have found my second career - Forex trader? - GoFuckYourself.com

pornjudge · 12-04-2003, 06:49 AM

I got allot of material to read on about Forex trading, looks interesting so far. Anyone trading with forex? and how are you doing with it?

cafeaulait · 12-04-2003, 07:08 AM

Yep, been doing it for a few months now. Everything is so volatile at moment its cool. I haven't got the capital to risk at moment to open a decent brokerage account ($25k +) so I've using a fixed odds betting company to hedge on up/down swings on the dollar vs others. Up about $7k this week (was $8.5k but lost on Eur/$ last night).

Check out my sig for a link to the site, its a quick way to get started and you can learn the trends before moving on to direct access. You can do indicies also, not just forex.

VideoJ · 12-04-2003, 07:20 AM

Been looking at it for a while now, but not trading yet. Most people use technical analysis to guess which way the market is going.

pornoshare · 12-04-2003, 07:21 AM

My boss was in charge of Forex for standard chartered Asia. From what I know it is probably the most complex financial markets to trade. Obviously doing it from a banks point of view with billion dollar positions and doing it from a personal account are completely different though. He is currently running an investment club which has seen returns of +35% in the last 4 months and he has now left SCB to set up a fund trading US stocks.

I developed their old website http://www.doctorstocks.com/defaultold.asp (which we have recently closed down to concentrate on the fund) and we had returns of 63% from Jan 1 2003 on 10% max risk. This was obviously using a very concervative approach that people could understand and did not include options cfd's.

If you want any more info on forex give me a yell and i will ask my boss some specifics.

12-04-2003, 06:49 AM	#1
pornjudge So Fucking Banned Join Date: Jun 2002 Location: Upmywomansass Posts: 2,214	I think I have found my second career - Forex trader? I got allot of material to read on about Forex trading, looks interesting so far. Anyone trading with forex? and how are you doing with it?

12-04-2003, 07:20 AM	#3
VideoJ Confirmed User Join Date: Aug 2002 Location: S. Florida Posts: 750	Been looking at it for a while now, but not trading yet. Most people use technical analysis to guess which way the market is going. __________________ Somebody stole my damn signture...

12-04-2003, 07:08 AM	#2
cafeaulait Confirmed User Industry Role: Join Date: Jun 2002 Posts: 587	Yep, been doing it for a few months now. Everything is so volatile at moment its cool. I haven't got the capital to risk at moment to open a decent brokerage account ($25k +) so I've using a fixed odds betting company to hedge on up/down swings on the dollar vs others. Up about $7k this week (was $8.5k but lost on Eur/$ last night). Check out my sig for a link to the site, its a quick way to get started and you can learn the trends before moving on to direct access. You can do indicies also, not just forex.

12-04-2003, 07:21 AM	#4
pornoshare Confirmed User Join Date: Dec 2003 Location: Australia Posts: 237	My boss was in charge of Forex for standard chartered Asia. From what I know it is probably the most complex financial markets to trade. Obviously doing it from a banks point of view with billion dollar positions and doing it from a personal account are completely different though. He is currently running an investment club which has seen returns of +35% in the last 4 months and he has now left SCB to set up a fund trading US stocks. I developed their old website http://www.doctorstocks.com/defaultold.asp (which we have recently closed down to concentrate on the fund) and we had returns of 63% from Jan 1 2003 on 10% max risk. This was obviously using a very concervative approach that people could understand and did not include options cfd's. If you want any more info on forex give me a yell and i will ask my boss some specifics.