Playing The Forex Boom

Discussion in 'Trading' started by ess1096, Sep 1, 2006.

  1. ess1096

    ess1096

    Levi Strauss made a fortune during the California gold rush and he never found a single nugget. Instead, he sold jeans to all the other fools looking for gold.

    As Levi had no intention to dig for gold I have no intentions to learn Forex trading but I can't ignore it's growing popularity. Therefore, what do you think would be the best long term play on the forex boom?

    Assuming the play would be a broker or an exchange, which ones are in a position to make the most profit off the boom?
     
  2. Just my opinion.

    The Big O

    Currenex

    FXCM

    but the fragmented forex market is expecting some change soon, such as the Reuters/CME standardized quotes stage.
     
  3. You want to "clean up"? Get involved in money laundering!
     
  4. A true ECN. Unfortunately, CME will be first to market.
     
  5. Dudes listen to the original poster. Do what Levi did. Don't actually *trade* forex, just sell things to those who do:

    1) Courses
    2) Signals
    3) E-books
    4) Newsletters
     
  6. You forgot amulets :p
     
  7. rosy2

    rosy2

    do the same thing for the interest rates market. give retail investors accessibility to something like tradeweb.com
     
  8. open a bucket shop similar to Oanda, and rape people on the spread.
     
  9. Give people a billion to one margin.
     
  10. Hey that's a good idea. I'll start selling Forex amulets on e-bay! They'll be like little $$$ blings!
     
    #10     Sep 3, 2006