/biz/ - Business & Finance

>>1924354

Basically gambling

>>1924354
Don't do it. You don't get much in returns

>>1924361
>>1924363

Why? I don't know dick but I like following international politics, thought it would be a decent way to bet on political developments.

>>1924377
>89% of Forex individual traders are losers with an average of 10 900 € loss per head (4 consecutive years study)
t. French Autorité des Marchés Financiers (SEC)

You trade currency pairs using tons of leverage.

>>1924354
you have to be not stupid to make any money

You will win some and you will lose some. The more you have the bigger you play. After you earn like 10k, it is hard to go back to earn 500. So your fund will always can survive few losing trades.The game only stop when one of the player cannot play anymore (bankrupt) and I never see the forex market stop playing. This apply for other similar "gamble" as well.
My friend earned 5k 6k a month for a few month but eventually still lost all, including his initial fund.

>>1924467
Your definition of not stupid is flawed.

>>1924477
Was he leveraging to the hilt?

>>1924869
yes, he is usually very cautious but all he need is a bad day and decided to "fuck it" go full with hit gut.

>>1924354

xxxx

>>1924849
did you lose all your money on forex too?

>>1924354
May as well gamble on crypto. You could get lucky and ride a pump and dump for insane gains or lose big. At least it will happen quickly instead of bleeding yourself with forex.