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Old 10-30-2004, 11:30 PM   #1
Webmaster_Logic
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Anyone do Currency trading

If so leave some feedback how you did with it
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Old 10-30-2004, 11:31 PM   #2
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I'll trade you some $20's for some $50's
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Old 10-30-2004, 11:32 PM   #3
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Done it as a hobby for years. It's really easy to make a profit because it bounces so much you can just hold on until you are positive again.
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Old 10-30-2004, 11:36 PM   #4
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Quote:
Originally posted by Eve
I'll trade you some $20's for some $50's
Haha wrong kind of trading
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Old 10-30-2004, 11:42 PM   #5
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Originally posted by stocktrader23
Done it as a hobby for years. It's really easy to make a profit because it bounces so much you can just hold on until you are positive again.
Yeah i have been useing a demo and so far so good.
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Old 10-30-2004, 11:45 PM   #6
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Yeah i have been useing a demo and so far so good.
I'm guessing you are on a 200:1 margin. If you feel like playing with real money but on a less volatile platform check out www.oanda.com. You can only set your leverage up to 50:1 for common currency pairs and 25:1 for the less traded ones. Also you can trade between 1 and unlimited units so you can literally play with a couple of bucks. They also pay their interest every day, I love it.
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Old 10-31-2004, 12:29 AM   #7
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i trade currency every month to pay my rent
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Old 10-31-2004, 12:30 AM   #8
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Quote:
Originally posted by stocktrader23
I'm guessing you are on a 200:1 margin. If you feel like playing with real money but on a less volatile platform check out www.oanda.com. You can only set your leverage up to 50:1 for common currency pairs and 25:1 for the less traded ones. Also you can trade between 1 and unlimited units so you can literally play with a couple of bucks. They also pay their interest every day, I love it.
Thanks for the info
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Old 10-31-2004, 01:40 AM   #9
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Originally posted by stocktrader23
Done it as a hobby for years. It's really easy to make a profit because it bounces so much you can just hold on until you are positive again.
Does it not charge you if you hold it for over a day?
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Old 10-31-2004, 01:43 AM   #10
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Heh, Imagine you were from say Canada or Au, saving greenbacks for years.. . The USD is very low atm :/
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Old 10-31-2004, 02:16 AM   #11
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Try shorting the Mexican peso.

Might be muy muy CALIENTE
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Old 10-31-2004, 04:50 AM   #12
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With currency trading is it more easy to lose your ass then with stocks?
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Old 10-31-2004, 05:10 AM   #13
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Anybody doing currency options trading? If so, what broker are you using?
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Old 10-31-2004, 05:23 AM   #14
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I just get a truck, drive to canada with like $20K in cash, convert it to pennies at banks, then bring the pennies back to the US in rolls to convert them into US money :D

nah, actually I dont do any currency trading but I sure as fuck get a lot of this goddamn "get rich on small fluctuations of the euro!" spam
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Old 10-31-2004, 09:24 AM   #15
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Actually, my brother in law makes a few hundred a day trading currency. He is fairly new at it, but seems to be doing ok so far.
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Old 10-31-2004, 10:58 AM   #16
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sounds interesting, i'll have to look in to it.
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Old 10-31-2004, 12:00 PM   #17
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Quote:
Originally posted by NaughtyAlysha
Actually, my brother in law makes a few hundred a day trading currency. He is fairly new at it, but seems to be doing ok so far.
it can't be that easy right, or everyone would be doing it
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Old 10-31-2004, 12:55 PM   #18
FlyingIguana
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Quote:
Originally posted by bigdog
it can't be that easy right, or everyone would be doing it
unless you're good, hot streaks typically end pretty badly.
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Old 10-31-2004, 01:43 PM   #19
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Anybody doing currency options trading? If so, what broker are you using?
Lehman Bros.
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Old 10-31-2004, 03:52 PM   #20
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Tip: The US$ is currently worth shit. Buy up now, because after the election (no matter who wins) things will sort themselves out and the $ will rise in value once.
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