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-   -   1st official GFY FOREX discussion (https://gfy.com/showthread.php?t=788540)

Iron Mike 11-30-2007 08:39 AM

1st official GFY FOREX discussion
 
Hello world!

Right in this moment i loose money:Oh crap

buzzy 11-30-2007 08:43 AM

No money in forex.

Iron Mike 11-30-2007 08:43 AM

no, i win i win!

Iron Mike 11-30-2007 08:44 AM

noo down...

Iron Mike 11-30-2007 08:45 AM

do you forex, buzzy boy?

buzzy 11-30-2007 08:46 AM

Yes, though. seriously you are much more likely to win money by putting it on red than going the forex route.

SomeCreep 11-30-2007 08:46 AM

i sale short dollar.

Iron Mike 11-30-2007 08:49 AM

ah..bcde

yumma 11-30-2007 08:59 AM

forex it's not easy

wanted 11-30-2007 09:42 AM

gambling is a safer bet !

DirtyProfits 11-30-2007 09:46 AM

Do you have a degree in finance? If not... ;)

Chio 11-30-2007 10:12 AM

Quote:

Originally Posted by SomeCreep (Post 13450537)
i sale short dollar.

I'm buying today ;)
I have a ton of experience trading stock options so I wanted to give forex a try after talking with a friend about it.

The first thing I learned the hard way is currency trading is nothing like stock options trading. That said I am starting to *get* it.

JFK 11-30-2007 10:13 AM

Quote:

Originally Posted by buzzy (Post 13450531)
Yes, though. seriously you are much more likely to win money by putting it on red than going the forex route.

could of sworn it was BLACK:Oh crap

Zuss 11-30-2007 11:31 AM

Quote:

i sale short dollar.
lololololololol

sniperwolf 11-30-2007 11:48 AM

yay! risky forex, if you have the financial analytics ability go ahead! :winkwink:

webair 11-30-2007 11:57 AM

why do they name an exchange after a condom?

[ Nate ] 11-30-2007 12:29 PM

Quote:

Originally Posted by webair (Post 13451274)
why do they name an exchange after a condom?

Probably has something to do with people getting fucked...lol. Just kidding, I don't know ANYTHING about forex...well, the trading so I can't say shit.

Iron Mike 11-30-2007 12:38 PM

How should analytics work in the exchange market? It's a bet. No?

Due 11-30-2007 02:28 PM

I dont get it completely, Forex seems to be too easy, like stealing candy from a child.
http://img80.imageshack.us/img80/461/forexgo3.jpg
Mayby I am missing something, I just tried a testing account that start out with 50K credits

webair 11-30-2007 03:55 PM

Quote:

Originally Posted by [ Nate ] (Post 13451445)
Probably has something to do with people getting fucked...lol. Just kidding, I don't know ANYTHING about forex...well, the trading so I can't say shit.

:1orglaugh:1orglaugh:1orglaugh

dready 11-30-2007 04:00 PM

Looking at graphs all day = boring.
The hours you need to be online = the suck.

If you were a mathmatics PHD and had really good access to new events, it would help.

marketsmart 11-30-2007 04:23 PM

well i was up 18k... i cashed out 17k earlier in the week... yesterday and today i lost 4k because i got margin called...

i still have a lot to learn about what factors (oil, financial, etc) trigger movement in forex...

i think fores is a great way to make money but you definately have to follow some simple rules, which i broke the last two days and paid pretty heavy for it..

going to spend the weekend studying and look forward to the market opening on sunday...

from what i have read so far, the euro is going to continue to decline at least through late monday or early tuesday...

GO SHORT!

HomerSimpson 12-01-2007 05:33 AM

Quote:

Originally Posted by buzzy (Post 13450531)
Yes, though. seriously you are much more likely to win money by putting it on red than going the forex route.

I agree :pimp

HomerSimpson 12-01-2007 05:54 AM

Quote:

Originally Posted by Due (Post 13452005)
I dont get it completely, Forex seems to be too easy, like stealing candy from a child.
http://img80.imageshack.us/img80/461/forexgo3.jpg
Mayby I am missing something, I just tried a testing account that start out with 50K credits

Here's my perosnal experience in the "trading biz"... (longer one)
At the end of past year, I got a bit interested in that forex stuff...
So I've opened some test account with 50k of virtual cash...
I gave it a few shots... and started trading...
But had no bigger gains... maybe 10% in couple of days...
But with huge risks and few major losses...
Very fucked up and unpredictable thing...

Then I found some other company and started trading stocks...
I got 50k virtual account and started trading...
In 4 (four) days I had 220k!!! :2 cents::2 cents::2 cents:
The results were just to good to be true...
Or it was was just a beginers luck...

Or was it....
I've called a few companies for some details...
But I never started trading with real cash...
at least not with US stocks... :)

(But, if someone has 50k to burn...
I can give it a shot :upsidedow)

Few months later I've started trading in my country
at local stock exchange, and my results are really good!
I had more than 100% return in first 3 months... :pimp
The market here is quite different than it is in the US,
I can find company data more easily in my language,
I also know a lot of people so I'm getting a lot of inside informations
from some companies...
So far I never sold anything in "red"...

In the past couple of days I was buying more stocks,
hoping to make some good profits from them soon...

And since my porn sales dropped in past 2 months,
I'm turning a bit more to stock right now... for now...

[ScreaM] 12-01-2007 05:57 AM

It's going down for me.

hateman 12-01-2007 05:59 AM

the bottom line is, if it was that easy to make money on Stocks/Forex, everyone would be doing it

HomerSimpson 12-01-2007 06:02 AM

Quote:

Originally Posted by hateman (Post 13454764)
the bottom line is, if it was that easy to make money on Stocks/Forex, everyone would be doing it

heheheh yeah...
same is for porn too...

buzzy 12-01-2007 07:36 AM

Quote:

Originally Posted by HomerSimpson (Post 13454749)
Here's my perosnal experience in the "trading biz"... (longer one)
At the end of past year, I got a bit interested in that forex stuff...
So I've opened some test account with 50k of virtual cash...
I gave it a few shots... and started trading...
But had no bigger gains... maybe 10% in couple of days...
But with huge risks and few major losses...
Very fucked up and unpredictable thing...

Then I found some other company and started trading stocks...
I got 50k virtual account and started trading...
In 4 (four) days I had 220k!!! :2 cents::2 cents::2 cents:
The results were just to good to be true...
Or it was was just a beginers luck...

Or was it....
I've called a few companies for some details...
But I never started trading with real cash...
at least not with US stocks... :)

(But, if someone has 50k to burn...
I can give it a shot :upsidedow)

Few months later I've started trading in my country
at local stock exchange, and my results are really good!
I had more than 100% return in first 3 months... :pimp
The market here is quite different than it is in the US,
I can find company data more easily in my language,
I also know a lot of people so I'm getting a lot of inside informations
from some companies...
So far I never sold anything in "red"...

In the past couple of days I was buying more stocks,
hoping to make some good profits from them soon...

And since my porn sales dropped in past 2 months,
I'm turning a bit more to stock right now... for now...

So do you trade on stocks or forex? Want to fill me in? I was thinking of getting into stocks but don't know what the returns or like or the basics...bit of info would be good :thumbsup:thumbsup

After Shock Media 12-01-2007 07:40 AM

Quote:

Originally Posted by buzzy (Post 13454911)
So do you trade on stocks or forex? Want to fill me in? I was thinking of getting into stocks but don't know what the returns or like or the basics...bit of info would be good :thumbsup:thumbsup

Well for 1. Do not post on a public forum that you get inside information.

rowan 12-01-2007 07:46 AM

I've toyed around with "play" money before but I've never gone for the real thing since funding and withdrawing $USD is like another layer - regardless of what I buy or sell via forex I'm also effectively trading USD/AUD because sooner or later I have to convert between USD and my local currency...


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