FXCM, a bit more serious - Page 4 - Ajarn Forum

process · 10th August 2007, 16:23

I beg to differ. There is such thing as a free lunch. The middle man gets a free lunch. If this ForEx demo is running on the actual ForEx servers with real time traders & a profit of 70k in a few days is viable (as proven) why not trade?

anon · 10th August 2007, 16:26

as i posted earlier, i'm not even close to an expert on this...but i see it as far too risky right now.

good luck to you though.

Farangrakthai · 10th August 2007, 16:26

Originally Posted by Farangrakthai
"free lunch"

to my understanding, that's exactly what these 'carry trades' are.

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good point, everyone's just waiting till the day it ends and see who lose their shirts. it's true, they borrow yen at low interest rates and invest it in america or europe. that's my understanding, though haven't followed fx very closely for many years, so not sure.
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Quote:

Originally Posted by process

If this ForEx demo is running on the actual ForEx servers with real time traders & a profit of 70k in a few days is viable (as proven) why not trade?

as mentioned before, one can trade much, much better when it's not one's own money. you do much better on a demo, because it's not real.

8ball · 10th August 2007, 17:09

Quote:

Originally Posted by raycarey

there's money to me made (this is true of any market at any time)....

Yes indeed ray

once ur in and get a serious understanding
get a "feel" 4 it

u can make money on both the ups and downs

it's jus the ol' "in out in out" innit!

Cheers
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Quote:

Originally Posted by Farangrakthai

you do much better on a demo, because it's not real.

True that

abso freaking lutely

esoteric1 · 10th August 2007, 20:28

Looks like much weeping and gnashing of teeth going on in many markets:

U.S. Stocks Head for Sharply Lower Open

http://apnews.myway.com/article/20070810/D8QU50V80.html

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time to buy?

anon · 10th August 2007, 20:39

Quote:

Originally Posted by esoteric1

time to buy?

of course it depends on what you're buying, but if you're referring to securities, IMO not yet....not even close.

look out below!!

tafy68 · 10th August 2007, 22:21

hmm we should set up some kinda ajarn forex group, what u think?

likewise · 11th August 2007, 11:04

I'm gonna go for it, with 10K. If I lose so be it.

But I think if I'm a bit careful it should work out. It's not like I'm losing all I have.
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Quote:

Originally Posted by tafy68

hmm we should set up some kinda ajarn forex group, what u think?

Yep, good idea.

8ball · 11th August 2007, 11:20

Can I b da banker?

likewise · 11th August 2007, 11:23

Cool, you can start by lending me 50K, so my return will be higher.

8ball · 11th August 2007, 11:32

I was 'finking more like me holding all da profits kinda 'fing

wot-ja-rekon?

likewise · 11th August 2007, 11:34

Hmm, gotta give that one some thought. Might start with trying to make a profit

The mia noi is beconing a bit expensive

. Phom jai dee

8ball · 11th August 2007, 12:01

My last piece of advice 4 u then bro

wotever u trade in,,,,,take a medium-2-long-term view 2 making the filthy lucre

quick profits R possible and happen sumtimes,,,,but,,,,,,dun count on it

look past the next 3 months,,,b aware of the longer trends

invest in quality,,,,,it'll pay off in the end

looking 4 quick profits can lead 2 quick losses

Happy trading

likewise · 11th August 2007, 12:08

Thanks for the advice

anon · 11th August 2007, 12:10

keep us up to date, and good luck.