Like would Currency Market be shut off to us retail traders? No one would benefit from that I do not believe? For instance the usa government trying to close it off or the authorities is that likely to happen in any way?
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Like would Currency Market be shut off to us retail traders? No one would benefit from that I do not believe? For instance the usa government trying to close it off or the authorities is that likely to happen in any way?
That's true, 500:1 is more like 400:1... and 50:1 is more like 40:1Originally Posted by ;
When they eliminate poker machines then you may be concerned about retail Foreign Exchange moving burst. If they take Foreign Exchange away and you're a serious competition then you will make-do trading additional instruments rather, or you will move somewhere that allows you trade. Realistically, this is all masturbation. The sky is not falling as far as I can see.
Yup I'd move out of state instantly or simply open an offshore business so that I can trade having an offshore broker.Originally Posted by ;
It's only about $1000 to open an offshore corp to trade with offshore broker.
Casinos are more profitable than financial brokers but ONLY because there's probably 100x more gamblers than genuine traders. I exchanged over 250 million in USD equivalent currency annually... (2500 standard lots) which signifies my broker pocketed over $25000 in commissions, so most new blood traders do not even generate anywhere near $1000 a year in commissions to get their broker... and people will lose $1000 without breaking a sweat in a casino...
Casinos buy ALL of your losses as profits while financial brokers are simply middle men who buy 0.01percent of your quantity as profit
If our global financial system goes to fixed rates instead of free-floating... we can always trade commodities, grains, softs, metals, electricity, and stock futures... etc
I already do trade those but Forex is the most liquid by far so clearly I'd be pissed when it went away.
Oh, wait, I'd forget that bitcoin will replace everything. It's even going to replace TV, and it's also the cure for cancer.
Bitcoin. Fucking lol-fest. The world really wants something even less tangible and understandable than our current monetary system.
This.Originally Posted by ;
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And this.Originally Posted by ;
There is your answer.
My sole concern is down the road when the IMF implements the global SDR, what will the FX market look like then I wonder. Any ideas?
Just this:Originally Posted by ;
https://forexintuitive.com/forex-tra...s-journal.html
Okay Mr MaplefuckingLeaf I Wish to shut that hole in your face Once and for All. Ill take you up in your freaking challenge and take whats left out of the gifts you gave to bucket-shops, EA sellers and fucked up mentors, and Ill do it using one of my little live account with FXPRO ($30,000) Ill open a trade explorer using the name KICKMAPLELEAFASS and everyone is able to view as I advance. April 2014 kickoff date is 1st. So just how much exactly are you offering and how do I get my money? Im not BULLSHITING Bro, IM DEAD SERIOUS!!
1) the tone of the statement
2) 10% profit each month
3) needed a trade explorer but afterwards removed it
4) No indiion he is making any money in the forex
For me, all of the clues are there which he's followed the usual FX trader route...
Maybe some initial success in the beginning but collapse in the long run.
Strange. He would be so cocky and wouldn't succeed despite the excellent movements in the currency market in the past 1.5 decades.Originally Posted by ;
Kinda sad really.
So was studying something on Larry Willi and his indiors and nicely stumbled upon this: https://en.wikipedia.org/wiki/Larry_R._Willi
Willi won the 1987 World Cup Championship of Futures Trading in the Robbins Trading Company, where he turned $10,000 to over $1,100,000 (10,900%) at a 12-month competition with actual money. Ten years after his daughter, actress Michelle Wili, won the same competition.
http://www.worldcupchampionships.com/live-stats-3
Full cultural globalisation has been a very long way off and by then, the retail trading sector will have morphed into something a lot deeper and innovative.Originally Posted by ;