I like forex because still have opportunity to making money from this business, sometime use big capital not guarantee getting better result, but not always start small capital then can't making profit, I think many trader still trade forex because they will have expectation to making money
Rhody Trader
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Leverage use allows traders to scale up returns from small moves in exchange rates.
dbphoenix
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This is one feature that very useful especially for retail trader which only having small capital, some broker now offer high leverage till 1:1000 and high leverage actually also like as double edge of swords, we should use margin wisely
options-george
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Hey Yamaguchi, I believe this question is similar to your question about daytrading.
I think your understanding/presumptions here might be a little off. :|
The profit per trade is not low - but you do need to have a good understanding or risk and money management.
Secondly, the leveraging for fx is much higher than compared to investing in stocks (unless you are using CFD's or spreadbets for stocks) or futures for example. Thus, you don't need to "invest a lot of money to earn more".
EnlightenedJoe
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Then why don't you trade forex instead of running a business ? It'd save the spamming.
NVP
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because like any form of trading if you specialise in your area and know what you are doing........ you will make money eventually with practice and experience
N
ffsear
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Because its one big game of strategy ! And anyone can play! And i'm **** at chess
NVP
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Ff is right......remember trading the main currencies like the g8 is a zero sum game.....(unlike any other market)......so plenty of opportunities if you pick the correct movers ....
Because high leverage, low margin requirements, good liquidity. Market like any other. Trends, ranges.
If your profit per trade is low, increase lot size
Hency Corniey
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People love forex because there is a low chances of getting loss. If you know about Forex well and have determination with knowledge. You can easily earn from forex.
Hency Corniey
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Because high leverage, low margin requirements, good liquidity. Market like any other. Trends, ranges.
If your profit per trade is low, increase lot size
Thank you for your info about forex. Very useful info I think.
piphoe
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low ante up i suspect..
b/w news...forex is about as exciting as watching paint dry..
i will say if you can make money trading currency, you have an aquired skill set that should be good for many other markets and instruments.:smart:
b/w news...forex is about as exciting as watching paint dry..
i will say if you can make money trading currency, you have an aquired skill set that should be good for many other markets and instruments.:smart:
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piphoe
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which is interesting unto itself...
biggest most liquid market in the world..allegedly
but moves at a snails pace???
biggest problem i have trading it, it puts me to sleep
but it is useful for learning to trade...teaches patience, discipline ,,,uhh patience,,and uh more patience
biggest most liquid market in the world..allegedly
but moves at a snails pace???
biggest problem i have trading it, it puts me to sleep
but it is useful for learning to trade...teaches patience, discipline ,,,uhh patience,,and uh more patience
NVP
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low ante up i suspect..
b/w news...forex is about as exciting as watching paint dry..
i will say if you can make money trading currency, you have an aquired skill set that should be good for many other markets and instruments.:smart:
you said it .........good and efficient professional trading is as boring as hell dude .....just like any other job if you are doing it right
the more boring the better........ as long as I am making money :smart:
like this morning early London ............yen was grinding south and stayed there .......I like it boring as I can make money easily ......don't like surprises !!!
N
vanillaman
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As an Options trader I love surprises. Volatility always matters to my Vega and since my risk is limited to my premium, it is still pretty dull. That's the beauty of Vanilla Options. Yesterday Yen was moving higher had a 2 day expiry out of the money Put Option on the Sterling Yen trade doubled my premium before market close. Not many people can boast 100% gain on any trade, so I love my FX Options. Aussie didn't treat me right to day but I don't expire till the 10am NY cut tomorrow, so I am still in the running, I just need to see 0.7130 again and I will be happy. Stop losses don't matter to me. I trade Optionsyou said it .........good and efficient professional trading is as boring as hell dude .....just like any other job if you are doing it right
the more boring the better........ as long as I am making money :smart:
like this morning early London ............yen was grinding south and stayed there .......I like it boring as I can make money easily ......don't like surprises !!!
N
In case some of you are lost, there is a great Vanilla Options blog here.