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!
If you wanna learn about a opportunity to become a profitable trade in the Forex markets text my phone, and ill get you on a phone call to learn more about the opportunity! My phone number is 856-426-4656 my name is Vincent Capone. Have a nice day!
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
In the past years, Forex trading in SA has become a very profitable business, and it is likely to keep developing in the future. For example, more and more young people in South Africa managed to maximize their earnings in this way, even if they didn’t come from wealthy families. That being said, some even managed to become filthy rich. 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. Forex Is Not a Get-Rich-Quick Scheme. It is not too easy to make a living through currency trading. Someone has to teach you the right techniques, otherwise you can’t get anywhere on your own. It is the same with the stock trading and all other kinds of tradings and investments. Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, ... 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 […]
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