Anyone do Currency trading
 

If so leave some feedback how you did with it :glugglug

I'll trade you some $20's for some $50's :Graucho

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.

Haha wrong kind of trading :1orglaugh

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.

i trade currency every month to pay my rent

Thanks for the info :thumbsup

Does it not charge you if you hold it for over a day?

Heh, Imagine you were from say Canada or Au, saving greenbacks for years.. . The USD is very low atm :/

Try shorting the Mexican peso.

Might be muy muy CALIENTE

With currency trading is it more easy to lose your ass then with stocks?

Anybody doing currency options trading? If so, what broker are you using?

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 :feels-hot :feels-hot

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.

sounds interesting, i'll have to look in to it.

it can't be that easy right, or everyone would be doing it

unless you're good, hot streaks typically end pretty badly.

Lehman Bros.

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.