Currency trading. (1 Viewer)

[BackCountrySnow]

Does anyone do this?
And how much do you make (or lose)?
I'm interested in taking part.
Thinking of buying $US when it reaches parity because I don't think the Aussie dollar will start to fall relative to it after that.

 

[runoutofsleep]

Thinking of buying $US when it reaches parity because I don't think the Aussie dollar will start to fall relative to it after that.

good luck with that

 

[jb_nc]

you need like 1 000 000 also you will lose all of your money because you sound like an idiot. you can make like 3/4 cent on each dollar you have. hopes this helps

 

[BackCountrySnow]

shit, i meant:

Thinking of buying $US when it reaches parity because I think the Aussie dollar will start to fall after that.

:s

 

[BoilinOatRunner]

I'm buying Zimbabwean dollars.

 

[BackCountrySnow]

I'm buying Zimbabwean dollars.

gg.

 

[bazookajoe]

I has some Euros

 

[BoilinOatRunner]

I got a feeling that they're only gonna get more valuable!!!11!!!1111!11``

inflation as of 11th of june:
2,150,078,888.89%

 

[BackCountrySnow]

where do you go to trade currency?
airports? lol.

 

[BackCountrySnow]

yeah, you can only trade in the largest financial market in the world by going to an airport.

ill buy sum euros on ma way to skoolies then

 

[blakegman]

Im in ur airport staelin your euro's harhar

 

[BackCountrySnow]

didn't you already get like 5k or something because Man utd won the champion's league?

 

[BackCountrySnow]

yesterday i just buying some euro and i bort 500.

 

[uwshm8]

pretty sure you trade on the FOREX!
i dont think you should be trading currency if you dont even have the knowledge of where the market is located. i personally suggest u open a bank account with a turkish bank there paying about 16% interest... definately a better option in such volatile conditions.

 

[withoutaface]

haha, would any organisation in the world let you short sell Zimbabwean money?

Probably, but good luck finding any buyers

 

[BoganBoy]

isnt there a better way to make money from currency such as derivative or sum other instruments? i mean if you were to simply buy a certain currency the gain is so minimal as currencies r generally not as responsive as stocks for example.

even if you bought AUD 4 years ago and held your gain is only like 40%?? Good but hardly something to brag about in a 4 year investment. saving in a 7% bank deposit will earn you nearly as much with no risk.

anyone who knows about it please enlighten me.

 

[velox]

Forex trading. I used to trade every day, but then moved onto futures/cfds. You can get up to 100:1 leverage. Go in with $1000 and take a $1mill position and profit off small movements. This is if you are talking short term.

 

[born2b]

lol id like to see you try.... how much do you have to invest ??

100$ ?

yay you could make 3$ with that maybe if ur lucky