/biz thoughts on forex trading

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/biz thoughts on forex trading Anonymous Tue Feb 2 23:29:55 2021 No.27566935 [Reply] [Original]

I have experimented with forex trading for a while and wonder what what your thoughts are.

>>	Anonymous Tue Feb 2 23:39:02 2021 No.27567644 >>27566935 Glorified gambling.

>>	Anonymous Tue Feb 2 23:41:29 2021 No.27567827 >>27566935 Um have you seen the guys with the Ferraris on YouTube ads? Ferraris don't buy themselves buddy.

>>	Anonymous Tue Feb 2 23:41:48 2021 No.27567846 >>27566935 I don't understand it, so I hate it. Gtfo

>>	Anonymous Tue Feb 2 23:42:22 2021 No.27567882 File: 34 KB, 680x591, 307.jpg [View same] [iqdb] [saucenao] [google] >>27567827 You're right, they rent them instead

Anonymous Tue Feb 2 23:48:20 2021 No.27568309

>>27566935
Trading forex is basically betting on which central bank will print the most money during a certain period of time.
Short term it's gambling but you can make some money with it if you're prepared to hold your positions for weeks to months. Just don't use more than 2x leverage.

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/biz/ - Business & Finance