>How much can I make on Forex? If you are good at it there is the potential to often double or triple your margin in a single day. You can do this!
>How much money do I need to trade on the Forex? The minimun amount varies among brokers, but you can start with as little as 5 bucks.
>B-but you have to wait hours for it to change 0.01% False, there are periods of volatility and periods where it flatlines, just like any other market. You should also keep in mind that the leverage is 500x. It's not uncommon to make a 2x or 3x on your trade overnight. Plus there are other leveraged intruments such as CFDs and precious metals, which have high volatility. Also some of those CFDs are leveraged crypto/USD pairs. So you can margin trade on crypto if you will.
Common female thoughts about Forex Traders: >"I can't I have a boyfriend... But it's not cheating if it's with a Forex trader" >"This must be fate, I will have his babies" >"I bet he has a big dick. Oh my.. What am I even thinking???... Of course he does"
What are you waiting for, anons? This is what you should be doing. There is the place to be. Join the Forex!
>lmao I trade practically 24/7 these clowns have never made profit trading forex in their life a statement like that proves how little they know about the market
Nathaniel Cox
There are some CFD markets that you can trade in the weekends through your forex broker.
Grayson Martinez
And there are the OTC markets too.
Luke Johnson
talking about more how this guys trading EUR/USD when its fking 4 in the morning at Euronext
complete noob disgusting scam video what even is this
Connor Moore
There are many other pairs with greater volatility.
Jaxon Campbell
And some of my best gains where made overnight. I would place the trade before going to bed and would have sometimes a 2x or 3x in the morning.
Justin Williams
Im talking about the guy in the video
Levi Nguyen
Ok, and I'm telling you that you can pull a 2x trading the EUR/USD overnight.
Sebastian Robinson
this guy is ACTIVELY TRADING EUR/USD while there isnt even an European exchange open
the fact you dont understand that shows your a noob too
Nolan Long
If you trade USD/JPY or NZD/USD or AUD/USD you'll never be able to trade with both exchanges open. Yet people do it and make a lot of money with it.
Adam Miller
Hello gentlemen. My dad has considerable amount of cash in South Korea (KRW), and it looks like the South Korean economy is going to tank.
Should I get it all out and change it into USDongs?
How much are we talking about? You should never put all your funds in only one thing.
Nolan Ortiz
But if the JPY is always a good hedge.
Elijah Bailey
you act like making money is all that can happen when losing money is many times more probable
Parker Ortiz
About $15,000 if converted into USD
Mason Collins
I never said that. In fact I learned this lesson the hard way. And it's something I'm very grateful for. And if you plan on going in relying on random probabilites you should actually stay out.
Hudson Howard
forex is a very iffy game, you have to cued up on all the macroeconomic numbers to even understand why its moving in one way or another. for stocks or even cryptos it simply gets simplied by earnings and even more simply is everyone/anyone talking about it.
no one is talking about the CHF or YEN
Nicholas Hill
not really worth it unless you can exchange for free
Andrew Bennett
why would the South korea economy tank?
Nolan Diaz
Do you have any experience with trading??
Daniel Thomas
Where is the cheapest place to exchange currency?
Obviously not at the airport. I heard local banks are relatively cheaper.
I'm not trading currency, I'm just getting rumors that South Korea's gonna experience 1997 Asian Financial Crisis 2: Electric Boogaloo very soon so I'm trying to get my father's money out. In 1997 the KRW's value more than halved so we lost a shitton of money. Never again.
Exports decreased a lot for the last 8 consecutive months and all the Chaebols are reporting massive decreases in profits. Due to a socialist government, it is doing all it can to destroy the Chaebols and the businesses, large and small from new tax increases and a massive minimum wage increase. Unemployment is at an all time high.
The new trade war with Japan will be the nail in the coffin, and we can already see Samsung (More than 30% of South Korea's GDP) crumbling from it. Japan was the nation that started Korea's Financial catastrophe in 1997 from it withdrawing all of its investments. Shinzo Abe is threatening to do it once again and America subtly declared that it will let Japan do it if they need to because the current Moon Jae In government is Anti-America.
You don't have to be cued up on all that. Of course it will limit your options, but you can still make good money with basic knowledge as long as you have a solid strategy and discipline. Also you can follow trading signals from an expert like me and mirror my trades.
Tyler Baker
I don't know a cheap way in SK. But one way to get a free exchange is arbitrage. You can buy something like a rolex in South Korea and then sell it in America for the same price.
Christopher Baker
Hmm a very interesting idea. Thank you sir.
Isaiah Robinson
do ALOT of research first before you do this the big risks to this method are 1. Fakes 2. Getting jacked 3. Buying way over priced 4. Damaging watch (even the tiniest scratch will lose valuee) 5. not being able to find buyer in USA.
Zachary Gomez
>I'm not trading currency, I'm just getting rumors that South Korea's gonna experience 1997 Asian Financial Crisis 2: Electric Boogaloo very soon so I'm trying to get my father's money out. In 1997 the KRW's value more than halved so we lost a shitton of money. Never again. You can diversify between the USD, some european treasury bonds and ETFs. Maybe a small amount on some futues ETF. I read that 10y Iceland treasury bonds have a good yield (3.88%).
Carter Allen
How the fuck do you make money when the exchange fees are so high? I swear my bank is ripping me off 10 cents on every dollar
Samuel Roberts
Well the problem is that basically nothing in Korea is cheaper than it would be in America. South Korea's cost of living is higher. Buying a Rolex there and selling it here would be a big loss for me.
I think I might just pay the fee and get dollars.
Will seriously consider these options.
Andrew Collins
ICMarkets have good fees. But mutts can't trade in it. You gotta find a True ECN broker.
