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-   -   Do you do money with Forex and Stocks? (https://gfy.com/showthread.php?t=647765)

Mayflower 08-23-2006 08:01 PM

Do you do money with Forex and Stocks?
 
Just wonder why almost no webmasters are in this market?

Only a few in this board trade there, why? They don't want to risk their money?

Or they have no idea on what to do, when to sell/buy and what to sell/buy?

godisdead 08-23-2006 10:56 PM

I play around with a fake money account in the FOREX market.
Still lose money on average, though. Until that changes I won't switch to real money.

madawgz 08-23-2006 11:00 PM

forex.....is that the spam i always get? wtf

notabook 08-23-2006 11:17 PM

I do all my trading through Scottrade. Just made 50k thanks to TWLL :thumbsup Wish I could luck out on a few more stock like that.

godisdead 08-23-2006 11:31 PM

Quote:

Originally Posted by madawgz
forex.....is that the spam i always get? wtf

I don't know what Spam you get, but FOREX is short for FOreign EXchange. What you do is you trade currencies. Or better: You bet that the exchange rate of a certain currency to another will go up or down.

Mayflower 08-24-2006 12:08 AM

Quote:

Originally Posted by notabook
I do all my trading through Scottrade. Just made 50k thanks to TWLL :thumbsup Wish I could luck out on a few more stock like that.

Interesting.

How long have you been trading, before you started doing money there?

Also, have you had help from experts or friends, or it was just luck?

notabook 08-24-2006 12:27 AM

Quote:

Originally Posted by Mayflower
Interesting.

How long have you been trading, before you started doing money there?

Also, have you had help from experts or friends, or it was just luck?

Scottrade was basically my first place to have a go at the stock market, started around three years ago. Before that I paper-gamed a lot, followed the stocks I was serious about and shit, but never helped me much by doing that. I just decided to jump right in with the goal to beat the bank?s interest and luckily so far I have (though that?s not hard by any means evidently!) Thus far it?s been *complete* luck, I don?t really know shit about the market... been trying to learn more about it and take it more seriously but I've never been serious about anything in my life except the extermination of felinity, the burning of books, and that cheesecake is not a cake but is a pie and should be renamed cheesepie accordingly.

woj 08-24-2006 12:33 AM

forex = gambling, unless you are a pro, and 99% chance you aren't...

Ca$h 08-24-2006 12:34 AM

Quote:

Originally Posted by Mayflower
Just wonder why almost no webmasters are in this market?

Only a few in this board trade there, why? They don't want to risk their money?

Or they have no idea on what to do, when to sell/buy and what to sell/buy?

Because 85% of clowns here does not make any money, so what to trade?
And like you say only a few on this board trade, that's those few that actually makes any money in this business.

Just look into those never ending contest threads, you'll be amazed what well known names here on GFY do for $100 bucks.


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