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/biz/ - Business & Finance

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54127240 No.54127240 [Reply] [Original]

How do I speculate with Forex as a normie?
Will I have to have a broker? Do brokers speculate with Forex?
These currency markets are quite stupid and I'm sure I can best them.

>> No.54127253

just use curve

>> No.54127254

>>54127240
The currency market is probably unironically the most kiked and bank manipulated market in the entire world and therefore the most difficult. My assessment shouldn't stop you from trying though. Give it a try.

>> No.54127302

>>54127253
oh no, I don't want to use my credit card for this
>>54127254
thanks, I will

>> No.54127681
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54127681

Keep in mind that market makers in forex make money on the bid/ask spread, so you will always be negative on every position on entry. Some currencies can move a lot of points at a time, which doesn't mean much notionally, and some currencies can hardly move at all and be worth hundreds of dollars.
Pick 2 or 3 pairs to trade. Study them. Stick to them. Liquid pairs like EUR/USD are best, but sometimes it's fun to trade Philippine Pesos.

>> No.54129074

Lets also mention how some brokers paint candles and paint candles beautifully to get your dopamine receptors firing.

>> No.54130437

Use gains trade