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How Many People here who are Trading Forex

Discussion in 'BlackHat Lounge' started by K.H.R, Oct 11, 2014.

  1. K.H.R

    K.H.R Jr. VIP Jr. VIP Premium Member

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    Hello BHW,

    How many peoples in BHW who are Trading in Forex ?
    If here, What about you Trading ?

    How many people are interested in Forex Trading?

    Thanks to All.
     
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  2. Repulsor

    Repulsor Power Member

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    I was into Forex.

    Invested few $ks, and for my luck, lost no more than 200$.I am glad I jumped out.

    If you dont know what you are doing, it isnt for you, like it was not for me.
     
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  3. iproweb

    iproweb Jr. VIP Jr. VIP Premium Member

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    I want to learn forex. How to learn more about it?
     
  4. wallstreetque

    wallstreetque Newbie

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    I trade full time for a living. There is nothing like the freedom of trading. I primarily deal in futures and forex.
     
  5. ignotus

    ignotus Registered Member

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    Forex is good. 50x leverage? Yes please. really no difference between throwing money at adwords and forex if you know what you are doing.
     
  6. Nut-Nights

    Nut-Nights Jr. VIP Jr. VIP

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    I am also think of starting forex trading but currently studying about it.
     
  7. sufisarfi

    sufisarfi Registered Member

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    Where are u studying about it? do u have some good material for reading? mind sharing?
     
  8. Bartholomew

    Bartholomew Regular Member

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    Forex is a casino. You have a chance to win, but in the long run casino always wins and players always lose. You just can't have enough info to predict currency movements and to keep your depo alive with such big leverages. Thats even if we assume that the forex brokers are not actively scam their traders, and very often they do.
     
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  9. GreyKnight

    GreyKnight Regular Member

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    While I agree that forex is akin to gambling, it is not akin to we lose to some casino. The one that is going to win is not the forex brokers, but the big time players. I have to add also that forex brokers are not scamming traders, because that is really looked down upon, and even in third world countries forex regulation are tightly controlled. What they are doing is not scamming, but "merely" misinforming their traders so that the traders may lose money, and "hopefully" inject more money to the account.

    Forex brokers fed upon the wealthy, not small time traders. I still remember way back when the forex companies spent up money to hire beautiful marketers, to lure guys that love to throw away $ 500,000 every month for forex trading. Not to mention that these companies do increase luxury expenses (buy new cars, company outing) on times of crisis, not on times of plenty. Strange times.
     
  10. I-marketer

    I-marketer Regular Member

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    I've been there. Have grown up since then. Now more into stock investing... the way Buffett, Howard Marks and others do it.
     
  11. stharthjw6j

    stharthjw6j BANNED BANNED

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    If you have a system, with careful stop losses and predictable success rates, I don't consider that gambling per se. Essentially, you become "the house", because you've placed the odds in your favor, unlike putting 50 on red, which is a million miles away. The reason people blow their accounts is they don't know the techniques and/or have an incompatible psychology for it. It's def not for everyone.
     
  12. ambuat

    ambuat Newbie

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    i have to agree whit the post above me its very difficult if you wane trade buy your self.
    it will cost a lot of your time and money which you will lose in the start to get some kind of grip and idea on trading the markets.
    testing your strategies, can you handle the stress ect.

    i would say google a lot.
    for learning start reading site`s like stockcharts
    for easy trading find signal service providers from real traders. like dtsignals

    normally i have the subscription price back in the same week + a lot of profit.
    I have around 4 subscriptions on different sites from real traders if you need a list for studies/signal services pm me.
    again real traders must give the signals (sites like above).
    if its a fully automated strategies website or a robot trading site skip it you will be scammed im talking from experience.

    anyways i`m trading also on my own and i have nice extra at the end of every month.
    If i don`t have time i use the signal services (save me some time to analyse the whole markets) ;).
    trading is a time consuming job. and not a get rich fast thingy, which is possible if your a pro.
     
  13. XxionxX

    XxionxX Newbie

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    I trade bitcoin and I'm doing alright, could be better. I stare at charts all day long though 0_0 I think it may be terminal.

    I have been contemplating getting into trading on the regular stock market for a while. I wonder if I would be good at it.
     
    Last edited: Oct 17, 2014
  14. mitkoval

    mitkoval Newbie

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    I would like to know from where I can get this trading signal?
    Thanks!
     
  15. divok

    divok Senior Member

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    those clickbank forex tools are useless. for forex trading you need to learn abut economics and politics . One new law in a some country can have a domino effect in other country . You are just a small fish in this game and by the time you realize something; big fishes (read banks etc) would have taken their cut.
     
  16. darryl05

    darryl05 Newbie

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    Let me start by saying you call me darryl...And to answer your question, I have always been intereted in forex and I have been into it for some time, even read, learned and practiced it.
     
  17. K.H.R

    K.H.R Jr. VIP Jr. VIP Premium Member

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    have you use any tool ? As i know few tools works really good.
     
  18. divok

    divok Senior Member

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    my SO is a PG in Economics , working in a **** . That's my tool

    Moreover I should tell you that here there are restrictions on forex trade. So ROI is not that great.
     
  19. yordanov

    yordanov Regular Member

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    I would totally agree forex is not for everyone. However, some comments that forex is like a casino, and you cannot make money out of it in the long-term are far from true.

    If someone has not reached the level of making quality technical analyses of his own, there are websites that provide quality service in this respect. What makes the difference is chosing the one that gives you the analyses that simply work!
     
  20. Milhouse

    Milhouse Newbie

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    Dont use any tools or software, learn signals, try demo, and choose which signals are you able to recognise. The crucial is money management. Never invest more than 2% of your bank.