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profit making

 
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Goldking
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Joined: Aug 15, 2005
Posts: 38

PostPosted: Sun Aug 21, 2005 2:49 am    Post subject: profit making Reply with quote

Hi everone,
what do you think about the profits made in forex trading.i.e the profit maximum or minimum compare to other trading?It would be better if you give me correct suggestion?

THANKS. Very Happy
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KandelC
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Joined: Aug 14, 2005
Posts: 30

PostPosted: Sun Aug 21, 2005 9:59 pm    Post subject: Reply with quote

Yeah, I was wondering about the same thing. I was, also, wondering about how much profit could be made through Forex for a whole month of trading. Any ideas?
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doc235
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Joined: Aug 14, 2005
Posts: 30

PostPosted: Mon Aug 22, 2005 7:06 am    Post subject: Reply with quote

KandelC wrote:
Yeah, I was wondering about the same thing. I was, also, wondering about how much profit could be made through Forex for a whole month of trading. Any ideas?


priofit really depends on your ability to trade.
if you really become good at it then the profit is unlimited.
I have made 10,000 dollars in 5 minutes daytrading.
I also lost 10,000 dollars in 1 min8te daytrading.
so it really depends on your skills to recognize when the makerket is going to change and to be oin the right side of the markt when i does, if it drops, you want to be holdng the winning curency. when it goes up you again want to be holding the winning currency Smile
buy low, sell high.
now with stocks you can actually SELL a stock you don't own (IF you broker has some to LEND you) this is called SHORTING, so you sell it at 1.75 a share then wait fir it to go down and when it goes down to 1.50 a share you BUY the number of shares you BORROWED (and sold from your broker)

BUT if your wrong and the stock goes UP then you now have to BUY back the stock you borrowed at a price highr than you sold i a and you lose money.

hope that is cleart Smile
a lot of people willnot short.
and i don't really know if you CAN in the forex.
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Kaabi
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Joined: Aug 28, 2005
Posts: 96

PostPosted: Sun Aug 28, 2005 11:19 am    Post subject: Reply with quote

So, lets say you want to get a lot of, say hypothetically, $5000 GBP, and USD overtakes it, you can trade it in for USD or something? I still don't fully understand, damn.
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Kaabi
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PostPosted: Fri Sep 09, 2005 5:41 am    Post subject: Reply with quote

Of course, you want to up your PD so you can substantially increase the ADI so you will eventually get the return of UTI.
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