Forex trading

Anyone on here dabble in it?

@Tim-Time 1888 perhaps??

 

Tim time is not so much Forex Trading as he is Durex Tasting.

 

I take it you read the same article as me about a wee boy making 60k odd

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Read that myself yesterday haha time to quit my job Next wolf of wall street me.

 

Not done it, but it's all nonsense.

If it's not forex trading seminars being advertised on YouTube from different half buttoned up shirt wearing sleezy * it's that * Alex becker haunting my ads and offering the same type of seminar deal on * drop shipping and it's infinite money cheat irl system.

If you want to stuff like this I assume in reality it takes years of studying and years of exposure in the industry to pick on when trends peak and fall.

 

Aye, I've seen enough YouTube * from these fraudulent dafties lol.

Was just maybe interested in dabbling a wee bit here and there, mainly to get a feel of it. Not planning on quitting my day job anytime soon and moving full time into my new office AKA the kitchen table

 

I've always thought about dabbling in it, when hit with so much * pop ups and adverts it's bound to stick in the back of my head eventually.

I've always thought I start with sites like that etoro one but never actually go through it as it just seems far to good to be true, matching what top traders do in order to get the best trade results etc...

 

It's definitely very doable yo
make money day trading. You can teach yourself with YouTube videos you don't need to pay for any courses. Just takes discipline and some trial and error.

 

Naw Pad this isn't not something I bother with directly. If I was, and this is not advice, but depending on what people think the final outcome of brexit will be they could make money on sterling rising or falling against numerous/various currencies. So If anyone has an aggressive attitude to risk - ie are prepared to lose potentially whatever they 'invest' and are prepared to risk a decent starting amount, otherwise is it worth it, they could make a decent profit but they need to read up on leveraging as well, especially if they plan on doing that or get sucked into doing it.

So in short, while I'm obviously biased, as a general rule - is it for the man on the street ? Not really, imo, but thats why these websites target them tbh.

For a sure fire investment return stick your money into a pension - for each 100 quid you stick in you'll get an extra £25 added on immediately (if you're a higher rate taxpayer it's even better) plus whatever the fund, you are invested in, grows by
Not as sexy but a lot less hassle for you mate.

 

Obviously you were bored last night huh

 

If you have some money left at the end of every month then the best investment you can make is to pay off your Mortgage early. This will massively reduce your interest amount and maybe see you with an extra 10 years of retirement, you could then sell or rent the property out and downsize giving you a decent pension pot.

Investing in Computer screen digits.....* that!

 

Computer screen digits.. ever think maybe you might be missing something? You clearly have absolutely no idea how it works so how can you write it off so flippantly?

 

Just by gold, all of it, every little flake and nugget. Then hoard it like some mad hobbit and wait for the dragon to come spit fire.

 

Carry on then so.

Ruble or Yuan for me if I was remotely interested.

 

Actually not a bad idea, it is the only currency that has withstood the test of time.

 

My point is that if you know how to use indicators etc to your advantage it is very realistic to make consistent profit. Only if you have discipline and set your stop losses however.

I haven't gone at Forex yet but I've traded an awful lot with cryptocurrencies.

 

The main indicator for me would be a group of powerful nations hording Gold and silver at a tremendous rate.

Indicating that Fiat money is on it's way out.

 

Doubloons for me.

Once the ice caps melt and all the land is submerged, we will all be pirates and I will have a head start on all you fools

 

You might have a bit of a wait there mate.

Must be all those extra taxes were paying

https://andymaypetrophysicist.com/2019/02/24/strong-arctic-sea-ice-growth-this-year/

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