Now I may be a novice but I am trying to learn

Generali

geoffky wrote: »

I thought i could play the market last year and lost 20k on euros....not been back in since...its too volatile for the small players..

I refer you to my first post on this thread about the best way to make a small fortune.....

nearlynew

Forex trading is extremely volatile and not the sort of thing to get into unless you are very knowledgable or very rich (or both)

As geoff and gen have said, if you don't know what you are doing it's a shortcut to the poorhouse.

Along with short selling / CFDs it is probably the easiest way for a novice trader to lose all their money.

1984ReturnsForReal_2

JonnyBravo wrote: »

Not widely published? Don't make me laugh.
Tell me where you get your info that the bods in the city can't get.
Or would you have to kill me?.

Ah JonnyB doesnt do enough reading.

As for the City guys I would of hoped that they would of encouraged their clients to put their cards of the table a long time ago.

& by the way £800bn was the figure used by Brown & Darling 5-6 months ago but it related to the position in 2010-11.

Like I said all the info was there.

1984ReturnsForReal_2

JonnyBravo wrote: »

I'm surprised you need brakes. I'd have thought you'd be coasting to a stop long before it was obvious you needed to brake.

Nope.

I forgot to factor in the increase in Audi drivers & an ageing population.

:rolleyes:

chucky

1984ReturnsForReal wrote: »

Nope.

I forgot to factor in the increase in Audi drivers & an ageing population.

:rolleyes:

Mr 1984 - to be fair it was a rubbish thread that you started

but if you're out Thanks hunting like some of the other 'comedians' that come on here starting random threads to get attention it's not a bad effort... :T

nearlynew

chucky wrote: »

Mr 1984 - to be fair it was a rubbish thread that you started

but to be fair if you're out Thanks hunting like some of the other 'comedians' that come on here starting random threads to get attention it's not a bad effort... :T

Well, looking at the thanks count, it's actually a poor effort at "thanks-hunting"

chucky

nearlynew wrote: »

Well, looking at the thanks count, it's actually a poor effort at "thanks-hunting"

good point - it was a rubbish Thanks hunt effort.

it was good enterntainment then.

mewbie_2

Good time to buy the pound? Looks like others don't think so, but you could be a contrarian investor.

Low pound - good for exports.
High pound - good for imports.

So it's all good apparently.

1984ReturnsForReal_2

chucky wrote: »

Mr 1984 - to be fair it was a rubbish thread that you started

but if you're out Thanks hunting like some of the other 'comedians' that come on here starting random threads to get attention it's not a bad effort... :T

Dear Sirs,


Unlike JonnyB I can work out that a £800bn debt as worked out by Downing Street nearly 6 months ago equates to a bigger debt after you factor in a bigger loss than they expected on tax revenue!!


Please press thanks here vvvvvvvvvvvvvvv*





* not that I expect any thanks from people who still think institutions didnt all find their positions in the currency markets a long while ago.. :rotfl:

Cleaver

1984ReturnsForReal wrote: »

No problem.

At the moment it isn't really a reactive, emotional market that is driven by short term profiteering at all is it..

Generali didn't say that. He said that buying and selling effects the price of stuff, which is correct. What drives people to buy and sell is a whole other ball game.

Whether it's a volatile, reactive, emotional market or a sensible, reasoned, rational markets the ups and downs are caused by the same thing: people buying and selling.