Why do I trade FOrex
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thread: Why do I trade FOrex

  1. #1
    Junior Member paitu_96's Avatar
    28

    Why do I trade FOrex

    Because it is fun is it ?

    Is it because it seems simple, just a simple click and that I will make thousands of Euros =P?

    Can it be because I really am specialised in Forex trading and I love analysis?

    Can it be because I believe that it's the only possible investment for me (fearful of stocks, derivatives, options...) ?

    etc.. .

    I was wondering why people exchange forex, personnaly I think it's the simplest way to create a lot of cash, quickly, and easy =-RRB-.

    What about thecliqforexguys =-RRB-

    joyful trading

  2. #2

  3. #3
    It's the easiest to get into with small margin. Also, I am dumb enough to think in something as magical as specialized analysis. Stock traders I know thinks I'm dumb for after moving averages or crosses of the and that indiors.

    I was fasicinated together with the fact I can make my hourly wages in just a few minutes. That is why I stuck to trading Foreign Exchange.

  4. #4
    Junior Member edulcor's Avatar
    24
    With all honesty, how effective have you guys been trading Forex because the start?

    Me: Missing a lot of cash, and am slowly trying to gain it back.

  5. #5
    Junior Member elboticario's Avatar
    22
    I trade because everytime I look at the charts, it's a new challenge. I love it. I am a very in tune with patterns, so that I love picking them from the charts. I also love to understand, and that I know I will learn some thing new everyday about FX.

    The understanding comes now. The cash will come later.

  6. #6
    Is it because it appears simple, just a simple click and I can make thousands of Euros =P?
    Ohh boy... I wish that was true for me

  7. #7
    Do I trade Forex? Since I'm ABSOLUTELY CONVINCED that this is the best business in the world.

    There are:
    1. No lease of offices (that is, NO dealing with Realtors, Lawyers, and government branches. . .man, what a pain in the buttocks). Also no office fit-out costs

    2. No employees, (person, unless you have had large numbers of staff depending on YOU for their paypacket each week, you cannot know what a massive pain in the ass it is. They ALL want you to address their problems)

    3. Inventory or no inventory to buy. No shrinkage (theft of inventory) and no slow moving items. No massive amount of funds tied up in inventory

    4. You can borrow as much as you need (by raising your leverage), WHENEVER you want. (Try running a big business and visiting the bank for a short-term loan for $10 mill. . .it is going to take a month minimum). I'm trading $10-12 mill all the time and that I get it instantly through the brokers by the use of leverage.

    5. In case the business becomes a hassle for some reason, you can shut it down (in other words, close all places) instantly. . .and re-open (initiate new rankings) whenever YOU need to re-open your business.

    6. You can scale your business to whatever size YOU want simply by increasing/decreasing your rankings.

    7. Absolutely minimum paperwork. Only ship your 12 month outline Profit and Loss Statement for a Financial Accountant for tax payment functions.

    8. You can trade from anywhere on the planet. My wife and I travel most of the year. (take your notebook or PDA or anything else they'll develop with and commerce whilst sipping a wonderful beverage as close by as your neighborhood cafe or as far as a few open air cafe in certain remote little town in beautiful Italy while you see a bocce match in the playground.)

    I could keep telling you greater of the advantages of this business, but suffice to say. . .this is your best business in the world. I run a multi-multimillion dollar business in my laptop.lt;! -- / message -lt;! -- sig -

  8. #8
    Junior Member hanksipk's Avatar
    17
    I exchange Currency Market for this only reason:

    1. Forex tradings is like opening an ordinary company but living it 400 times quicker. Perhaps Bill Gates took 25 years to be a billionare; one can become in five years. This is like a fluctuation on time-space binary... is like living at light-speed... everybody becomes old... while you have just lived 5 minutes. Quite simply: IT IS PURE THEORETICAL PHYSICS!!!

  9. #9
    Why can I trade Forex? Since I'm ABSOLUTELY CONVINCED that this is the best business in the world.

    You will find:
    1. No rent of offices (that is, NO dealing with Realtors, Lawyers, and government departments. . .man, what a pain in the ass). Also no office fit-out prices

    2. No employees, (person, if you don't have had large numbers of personnel based on YOU for their paypacket per week, you cannot understand what a huge pain in the ass it is. All of them want you to solve their issues)

    3. Inventory or no stock to buy. No shrinkage (theft of stock) without a slow moving objects. No huge amount of funds tied up in stock

    4. You may borrow as much as you want (by raising your leverage), WHENEVER you want. (Try running a huge business and going to the bank for a short term loan for $10 mill. . .it is going to take a month minimum). I'm trading $10-12 mill all the time and I get it immediately through the brokers by the use of leverage.

    5. If the business becomes a hassle for whatever reason, you are able to close it down (that is, close all places) instantly. . .and re-open (initiate new rankings) whenever YOU want to re-open your business.

    6. It is possible to scale your business to whatever size YOU want by simply increasing/decreasing your rankings.

    7. Absolutely paperwork. Only send your 12 month summary Profit and Loss Statement for your Financial Accountant for tax payment functions.

    8. You can trade from anywhere in the world. My wife and I travel the majority of the year. (take your laptop or PDA or whatever else they will develop with and trade whilst sipping a nice drink as near by as your local cafe or as far as a few open air cafe in some remote little town in beautiful Italy while you watch a bocce match at the playground.)

    I could keep telling you greater of the advantages of this business, but suffice to say. . .this is your best business in the world. I run a multi-multimillion dollar company! -- / message -lt;! -- sig -

    And did I mention it was fun and exciting????

  10. #10
    Junior Member paitu_96's Avatar
    28
    Together with honesty, how successful have you guys been trading Forex since the start?

    Me: Missing a lot of money, and am gradually trying to gain it back.
    I made a lot of money really, in 1 year. When I started I lost, but I discovered little by little, time is an ally not an ennemy. Leverage is my like my lover/ennemy, if I use him too far, he usually get me . So I typically use him just a little, small, small, and when I see a good chance, I put the max ( or almost).

    As Jacko (I like his posts they are always very clear) said, Forex is like owning your own business.

    I have custommers, and I visit the office whenever I want, if I have other things to do dont go, and when the weather is too crapy, I operate out of home =-RRB-

    Happy trading!!!

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