I wish I had the time and money to be trading every time some news about Europe or the USA economies are released. Markets react to sensitively to these news it has never been easier to make fortunes in daily currency trading with virtually no risk at all. I still wonder if brokers still offer the 100:1 or 50:1 leverage they used to do.
According to the CFTC: In the off-exchange market, also called the over-the-counter market, a retail customer trades directly with a counterparty and there is no exchange or central clearing house to support the transaction. Forex trading is highly speculative in nature, which can mean prices may become extremely volatile. Forex trading is highly leveraged. Since low margin deposits normally are required, an extremely high degree of leverage is obtainable in over-the-counter trading. A relatively small market movement will have a proportionately larger impact on the funds you have deposited. You may sustain a total loss of your funds. Since the possibility of losing your entire cash balance does exist, speculation in the over-the-counter market should only be conducted with risk capital you can afford to lose and which will not dramatically impact your lifestyle.
Risk Disclaimer Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. Using leverage and margin trading can work for you as well against you. Never trade with capital you need for living. Past performance statistics can be used to predict the odds for future price movements with high probabilites, but it is no guarantee for future results. Toghether with proper money managment, a person - aka Trader - can create a successfull trade plan, what will stand the test of time. Future results are not necessarily indicative for past perfomance. Future results can be converted into past performance. Therefore: Past performance and future performance are the same identically subject. 1 + 1 = 2 If you agree with this contract rules, please sign and start to trade. ---------------- Blue Ocean Trading Co. Chief Executive Officer: HateTheRisk Hunt your stop loss down street 666 98752 Risk Hater City 5th Canyon Mars
A good trader, does not have any Real Risk on his trading business. Because he/she always sees the big picture of the next 20 trades. The risk of every trade have been eliminated through the perfect strategies statistics with hundreds of thousands of data, controlled by a 100% down cooled mastermind who controls all kind of trading rules, to maintain the always total risk of the company near zero. A bad trader, have risk all the time and loses all the time. Its up to you, which side you choose.
This from the guy who said "give yourself a bailout and stop paying your credit cards". How'd that work out for you?