P2P Bitcoin Derivative Trading Through the Blockchain: Equities, Bonds, Forex & Commodities
Research & ideas to use [Veritaseum's UltraCoin](http://ultra-coin.com/) **user programmable Bitcoin swaps** to trade exposures to cryptos, forex, equities, bonds & commodities through 45,000+ global tickers & up to 10,000x price leverage - peer-to-peer. Veritaseum's UltraCoin is a software concern that holds no client funds and is not a financial entity, hence presents you with no counterparty or default risk. [Download the client & tutorials](http://ultra-coin.com/index.php/download-beta)
Unathi Kwaza RT from mike schussler: Today I am happy to be informed by @BuddyWells1 that we are rich. SA has $58 trillion in forex reserves. That's R174 million for each man, woman & child. We can just all buy government debt at 8.5% and spend R1,4 million each year. @MagnusHeystek I see lots of...
Entrepreneur opportunity to get rich. Forex Mentoring to become profitable trader and soon to be mentor!
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If I have a few requests from my well-to-do friends and relatives to help them trade forex as another source of income, how do I set up such a system where it's legally transparent and agreeable for both parties? These people have known me for many years and acknowledge my passion, technical skill, and background in trading equities and forex over the past 8 years. They have repeatedly asked me to trade for them over the years but I'd been holding off because I want to convince myself that my results are now consistently positive enough. Assume that: - I can prove my consistent profits on paper (i.e. displaying my broker's live account records). - I personally know these people and they believe they can trust me with some of their disposable money. But I also want to make sure they realise that there will be drawdowns at times or no profit at all. - I don't want to trade for strangers on the Internet. - They have no interest/time to learn how to trade forex so it's attractive to have another trusted person to do so. I'm thinking of not charging them anything until they see consistent profits after XX months/weeks. Do I mix their funds in my own broker account or using a totally separate one? I use only Daily TF and obviously hold for weeks/months sometimes. I average much lower than 10% per annum but have reached close to 13% in some months. I'm nowhere close to actually going with such plans. I'm not sure whether it's a good or bad idea but I think it's worth thinking about. Google results usually link to forex prop firms. So I do appreciate some perspective. Thanks all. Merry Christmas. EDIT: I've thought about applying to a forex prop firm but I'm still leery of those. Plus, their requirement that you can't hold your positions over the weekend just turns me off. EDIT2: Thanks for all the replies! Lots to think about...
do you think it sucks that you can only get very rich or very poor through forex?
There's no inbetween ground. Because either you have a successful strategy that eventually compounds into thousands of dollars a week. Or you have a unsuccessful strategy that drains your account completely over the long term.
So I just found out about Forex and I have been researching and am really good at making my analysis. I have a signal group I am in on telegram to help and basically they have a 90% win rate.. so if I put all my money into the trades like 1.00 on the number part of meta trader 4 where the stop loss and take profit is, will I get to a million dollars in a day? I don’t see how I can’t because my strategy is this: basically you keep making money as You make money and then you keep buying 1.00 every time you have enough for it when it stops saying “not enough money to make transaction” so basically you double your money over and over until you are at a million. This is what my friend did in one of my classes and he said he makes 7 figures a day from this strategy. So I was wondering if this is really gonna work before I try it out, because I heard about people losing a lot of money too and don’t want to lose money
The spot forex market traded over $6.6 trillion a day as of April 2019, including currency options and futures contracts. With this enormous amount of money floating around in an ... Forex trading can make you Rich. Forex buying and promotion make you rich? Even if our instinctive answer to the query can be a clear “no”, […] What you think? From Where Brokers Earn a Handsome Profit? In less than ten years in 1999, there were absolutely no retail or personal foreign exchange purchases and promotions. Trading […] Some Forex “gurus” will tell you the Forex market is an opportunity to get rich quick… It isn’t. We at Forex Wealth Club aim to provide Forex traders and Investors with the correct education & Forex Strategy. Many understand the technical and fundamental details but haven’t learned to be reliably profitable. With most forex systems promoted online claiming to be the key in getting rich quick, easyMarkets decided to roundup the real folks who’ve actually made it big in the forex market. Here’s a list of the ten wealthiest forex traders in the world, how they’ve scored their profits, and how they’re enjoying their winnings. In the U.S., forex brokers provide leverage up to 50:1 on major currency pairs. For this example, assume the trader is using 30:1 leverage, as usually that is more than enough leverage for forex day traders. Since the trader has $5,000, and leverage is 30:1, the trader is able to take positions worth up to $150,000.
Making $40,000 In A Day Life Of A Forex Trader - YouTube
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