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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed.

 
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Old 04-11-2007, 05:55 AM   #1
ry0t
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does anyone here trade Forex?

I am a newbie with Forex. The other day I opened a practice account at forex dot com. $50,000 in play money. About two days ago I bought EUR/USD at 1.33xx and sold today for 1.34xx. A profit of $8900. I emailed and asked if that had been a real deal would I profit $8900 and they said yes. I will research and read all of the information about this. Its currency trading.

Last edited by ry0t; 04-11-2007 at 05:57 AM..
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Old 04-11-2007, 06:10 AM   #2
Eman - PG
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How much would you have lost if the EUR went to 1.31?
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Old 04-11-2007, 06:11 AM   #3
ry0t
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I do not know. Most likely a lot.
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Old 04-11-2007, 06:14 AM   #4
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Quote:
Originally Posted by ry0t View Post
I do not know. Most likely a lot.
Ok I'm not a genius or anything, but if your answer to a simple math question is "I do not know" then perhaps high risk financial investing is not for you.
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Old 04-11-2007, 06:16 AM   #5
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you might want to "play" with options on futures to limit your risk.
good luck
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Old 04-11-2007, 08:18 AM   #6
stillsexy
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dont waste your time. I trade forex, commodities, bonds and equities. Equities are still my best choice! The best reward/risk instrument!
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