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Old 11-16-2007, 02:23 AM   #1
marketsmart
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I Made $900 today in FOREX,...

The Dollar/Euro is easy money....

I made:

Tuesday: $765.00
Wednesday: $1,105.00
Thursday: $910.00

How are you doing on the declining dollar?
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Old 11-16-2007, 02:26 AM   #2
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btw... this is part time fucking around... there is a easy strategy to making money like clockwork in FOREX. There has never been a time in history that was more predictable than now. I hope my fellow GFY's are in on this... Ot's like stealing candy from a baby if you know what you are doing...
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Old 11-16-2007, 02:31 AM   #3
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I got some time to read up on this as I've always been interested.

Which broker or site are you using? Where would a beginner read up on this?
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Old 11-16-2007, 02:40 AM   #4
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I got some time to read up on this as I've always been interested.

Which broker or site are you using? Where would a beginner read up on this?
i use forex.com,... for me there is no reading... i am a forex exchange idiot.. but what i do know is that the us dollar sucks.... short the dollat at 200 to 1 rates and ricsk no more than 10% of your bank and you dont have to worry about the margin calls...

this is not for the weak.. if you can affford to lose your whole nut and are smart, you will make a ton right now.

if the dollar finally corrects against the euro, the fun is over,but for now the money is silly...

btw, i am only playing with $20k total acct value....
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Old 11-16-2007, 02:42 AM   #5
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For god's sake SHHHHHH!!!!!!!!!!!!!
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Old 11-16-2007, 02:51 AM   #6
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Good times.
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Old 11-16-2007, 02:55 AM   #7
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Can you explain in layman terms how FOREX works, and how what you are doing works? How is it making you money?
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Old 11-16-2007, 03:04 AM   #8
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yeah let us in
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Old 11-16-2007, 03:07 AM   #9
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after you answer the question above could you also tell us how the TGP deal works?...........we'd really appreciate it! (^_^)
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Old 11-16-2007, 03:10 AM   #10
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ok
$10k forex acct
short the dollar at 200 to 1 acct
use only 10% of your acct
so $10k = $1k playable money
$1K playable = $200k in forex contracts...
1/2% increase = $1k
thats the basic idea, there is a little more to it, but overall it works, trust me...
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Old 11-16-2007, 03:12 AM   #11
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dollar is going in the shitter, in one of jay-z's latest videos he flashes a wad of 500 euro notes, instead of dollars.

sign of the times!
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Old 11-16-2007, 03:13 AM   #12
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ok
$10k forex acct
short the dollar at 200 to 1 acct
use only 10% of your acct
so $10k = $1k playable money
$1K playable = $200k in forex contracts...
1/2% increase = $1k
thats the basic idea, there is a little more to it, but overall it works, trust me...
and now tell 'em what happens when the dollar goes up 1%
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Old 11-16-2007, 03:13 AM   #13
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after you answer the question above could you also tell us how the TGP deal works?...........we'd really appreciate it! (^_^)
i was never very successful at TGP hence my goal to find something that works better...

I am not a financial genius, but I think I have found a way to make money based on the declinign dollar... I know it wont last forever, but for the time being, its an easy way to make some money with very little risk... its up to you, either try it or dont...
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Old 11-16-2007, 03:16 AM   #14
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and now tell 'em what happens when the dollar goes up 1%
you lose... its not science, but look at the charts and my gains, the dollar is going down and down... will it last foreever? i dont know, probably not, but for now its easy money...

i shared this only because i know that a lot of good people are struggling in adult...

dont listen to me, try one of the many forex play accounts... just dont risk more that 10% of your bankroll...

you will soon realize what i am talkin g about....
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Old 11-16-2007, 03:18 AM   #15
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dollar is going in the shitter, in one of jay-z's latest videos he flashes a wad of 500 euro notes, instead of dollars.
They had to fire the bitch who did props. He asked for Spinnaz and she got him those shoes with the lights in them.
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Old 11-16-2007, 03:21 AM   #16
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btw. i started trading euro in august and lost a lot of mponey before i figured out how to do it... now i make money everyday.. not as much as i could, but now i make safe money, everyday.... with very little risk....
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Old 11-16-2007, 03:22 AM   #17
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im still sorta confused. im reading forex.com but dont full understand how i would take advantage of the USD.


so i would create an account on forex.com, load it with $10k or $20k... then what? Do I buy another currency, then sell it for USD once it goes down more?
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Old 11-16-2007, 03:25 AM   #18
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im still sorta confused. im reading forex.com but dont full understand how i would take advantage of the USD.


so i would create an account on forex.com, load it with $10k or $20k... then what? Do I buy another currency, then sell it for USD once it goes down more?
i am getting ready to go to bed, but if you are serious about getting into forex, i can hit you up tomorrow....

i reccomend first palying with a free play forecx acct...

use the same method i do and you will see that its easy to make money..

agaun, will it last forever? probably not... but for now its a nice daily income...
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Old 11-16-2007, 03:32 AM   #19
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How do you set up a transaction to short the dollar?
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Old 11-16-2007, 03:37 AM   #20
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im still sorta confused. im reading forex.com but dont full understand how i would take advantage of the USD.


so i would create an account on forex.com, load it with $10k or $20k... then what? Do I buy another currency, then sell it for USD once it goes down more?
Dont even waste your time. thats a losers game. you might as well take that money to the casino
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Old 11-16-2007, 03:38 AM   #21
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Hmm.. seems practice accounts cannot buy dollars/Euros.. only the other way around...
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Old 11-16-2007, 03:43 AM   #22
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How do you set up a transaction to short the dollar?
i use forex.com but there are many different forex providers... jjst make sure you get 200 to 1 trading and dont ever risk more than 10% of your deposit.. if you want to get more info i might be willing to talk on the phone but please understand i get nothing from this other than helping people make some extra money...

when i started this thread i had no idea so many people would want advice.. i am not opposed to advice but i dont want to spend my day helping people learn forex.. i had to go through a learning curve and belive me, its a no brainer to make moneyn now, i had to lose a lot of cash to figure it out...

i am justn trying to throw people a bone.. cause no matter how much i invest i dont make a dent in the total amount invested daily and nor will you effect my profit..
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Old 11-16-2007, 03:50 AM   #23
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http://www.forex.com/referral-rules.html

btw... i caN make money off this, but i have no interest in doing that.. there are no affiliaten codes heres and i wi;; stress you could lose all your money if you get greedy..

if you follow what i did, i am pretty sure you will have success, but i cnat gurantee that... so dont risk whjat ypou cant afford..

all i wanted to do here was share with you how i was making some extra money and now i have people that know me hitting me up askign how i can guarentee them profit..

i cant.. i can share my experiences with you and if you are serious i will share with you my strategy, but i wont guarentee that you wont lose any money. its said that i have to get in this deep with an explanation... all i was trying to do was let people know that i am making money with forex and willing to share my strategy for free... now people are busting my balls....
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Old 11-16-2007, 03:55 AM   #24
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haha, ur awesome
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Old 11-16-2007, 03:56 AM   #25
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Dont even waste your time. thats a losers game. you might as well take that money to the casino
LOL, honestly, yes there is some gambling involved if you trade stupidly.. instead of me being a dick, just go check out the charts over the last 5 months for the euro versus the dollar....
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Old 11-16-2007, 04:05 AM   #26
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Hmm.. seems practice accounts cannot buy dollars/Euros.. only the other way around...
i played with practice account back in may or june.. unless something has changed, you should b able to short the dollar agaonst the euro.

if not, i would say contact forex and ask them why... the only reason i started playing with forex was because of how well i did with the practice acct...

although i will say use the practice acct carefully...

i made silly money with the praqctice acct and as soon as i started trADING with real monbey i got greedy and lost a ton...

took me about 6 weeks to get things in order..

i would like to help people avoid the same mistakes i made..

keep in mind any forex makes money on trades not on loss so they could care less if you make money or not...
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Old 11-16-2007, 04:06 AM   #27
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Hmm.. seems practice accounts cannot buy dollars/Euros.. only the other way around...
i played with practice account back in may or june.. unless something has changed, you should b able to short the dollar agaonst the euro.

if not, i would say contact forex and ask them why... the only reason i started playing with forex was because of how well i did with the practice acct...

although i will say use the practice acct carefully...

i made silly money with the praqctice acct and as soon as i started trADING with real monbey i got greedy and lost a ton...

took me about 6 weeks to get things in order..

i would like to help people avoid the same mistakes i made..

keep in mind any forex makes money on trades not on loss so they could care less if you make money or not...
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Old 11-16-2007, 04:15 AM   #28
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98% of forex traders loose their money. It's only the big traders that make any money. If you do decide to try it, trade with play money first!
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Old 11-16-2007, 04:33 AM   #29
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98% of forex traders loose their money. It's only the big traders that make any money. If you do decide to try it, trade with play money first!
wow... you are so wrong... normally you are right, but with the euro making crazy gains yuo are so wrong.. but i will say for trading today atm i am negative $198 on $5000 cash... I will bet you I will be in the money bu the end of he day,,,

because i bought at the low for the trend... again you need to know what you are doing, this isnt making money for doing nothing,,, you need to know what signs to look for and how to trade,,, and you have to ahve the cash to go long not just mnake the quick ups and downs...

i will keep ypu updated on my gains today...
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Old 11-16-2007, 04:42 AM   #30
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just to be fair i am not cost averaging down.. i made one trade of $5k whioch = $100k of shorts... I was $198 in the red, atm i am $86 in the red... by end of day i should be $300 plus in the black.. if i cost averaged down i would be $600-$1000 profit but i wanted to show how easy it is... if you are a naysayer then dont play.. this is only for people that have the money to [pley... sorry....

i wi;ll keep you updated....
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Old 11-16-2007, 04:43 AM   #31
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Hmm.. seems practice accounts cannot buy dollars/Euros.. only the other way around...
you sell euro to short.. again, even with a play acct dont play with more than 10% of total bank....
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Old 11-16-2007, 04:57 AM   #32
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I got some time to read up on this as I've always been interested.

Which broker or site are you using? Where would a beginner read up on this?
I used http://www.instantforexincome.com and http://www.forexreviews.com quite a bit when I started trading.
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Old 11-16-2007, 05:07 AM   #33
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i use forex.com,... for me there is no reading... i am a forex exchange idiot.. but what i do know is that the us dollar sucks.... short the dollat at 200 to 1 rates and ricsk no more than 10% of your bank and you dont have to worry about the margin calls...

this is not for the weak.. if you can affford to lose your whole nut and are smart, you will make a ton right now.

if the dollar finally corrects against the euro, the fun is over,but for now the money is silly...

btw, i am only playing with $20k total acct value....
What happens when the dollar gains 2% overnight?
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Old 11-16-2007, 05:15 AM   #34
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But but.... the weaker the dollar, the more you earn, but the less valuable your earnings are, no?
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Old 11-16-2007, 05:20 AM   #35
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What happens when the dollar gains 2% overnight?

then I ask you for your crack dealers pager #... but seriously.. by then i will have made enough to offset the losses by 100's of thousands... i am not a dreamer, i hopem and predict that the dollar will correct itse;lf, but for now that isn a ways off..

dont curse the cow for giviing more milk, praise the windfall...
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Old 11-16-2007, 05:24 AM   #36
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But but.... the weaker the dollar, the more you earn, but the less valuable your earnings are, no?
depends on how you have an accou\nt and how you take your gains... perdonally i currectly take gains in dollars and fund accts in dollars... i know i can do this is euros but i just haven t set it up that way yet. at the end of the day $xxx profit US is still $xxx profit US... since i live in US my dollar still buys relatively what i bought 6-12 months ago... if that changes i will change how i take my profit...
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Old 11-16-2007, 05:29 AM   #37
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i am taking a beating on forex today since my first trade a fe hours ago because i decided i wouldnt cost average down just so i can prove a point at how easy forex can be...

currect updat is i was $30 in the whole about an hour ago, but i amd now $155 in the red (i was $201) in the red 10 minutes ago... if i cost averaged down, i would be in the red right now, but i wont do it...

i will bet with much certainty that at some point during the day today i will be $200-300 in the black today and thats with only $5k in play which converts to $100k at 200/1 leverage...
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Old 11-16-2007, 05:31 AM   #38
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Currency traders speculating on our lives and ruining them in the process should be shot on spot.

You stealing, jackass.

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Old 11-16-2007, 05:38 AM   #39
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Currency traders speculating on our lives and ruining them in the process should be shot on spot.

You stealing, jackass.

You are a FUCKING idiot... the euro/dollar situation as well as the currnet doller/any currency situation is based on the stupidity of the US govt.. I am ashamed to be an American citizen atm but i hold out faith in the future, but for now, if i can make money just like Halliburton, Blackwater, Boeing, and etc.. then so be it....

You post a picture of a soldier, but I am willing to bet you have never served a second as a member of the US armed forces... am I right?
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Old 11-16-2007, 05:40 AM   #40
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Bush is still in office because he has millions of supporters like you, actively participating in the looting of the US and the betrayal of their country.

You are parasites.

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Old 11-16-2007, 05:42 AM   #41
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Take your currency speculation courses and stick it up your ass, thieves.
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Old 11-16-2007, 05:47 AM   #42
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Take your currency speculation courses and stick it up your ass, thieves.
I hate Bush, but at the same time with the economy and future of the US at the hands of uncertainty, you are damn right I will make my money where i can.

So far I have heard nothing but insults from you and no intelligence... i would say you are more of the problem (all talk with no solutions) than people like me that know how to take advantage of a market situation...

if you dont have aything intelligent to say, then why dont you keep ypour insecurities to yourself....
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Old 11-16-2007, 05:47 AM   #43
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Originally Posted by marketsmart View Post
i use forex.com,... for me there is no reading... i am a forex exchange idiot.. but what i do know is that the us dollar sucks.... short the dollat at 200 to 1 rates and ricsk no more than 10% of your bank and you dont have to worry about the margin calls...

this is not for the weak.. if you can affford to lose your whole nut and are smart, you will make a ton right now.

if the dollar finally corrects against the euro, the fun is over,but for now the money is silly...

btw, i am only playing with $20k total acct value....
Fun isn't over, then you start going long on it. :P
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Old 11-16-2007, 05:51 AM   #44
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IMHO the wild swings are slowing down anyhow. Get your money into US equities, in USD. Both rising in the next 5, double up on your gains.
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Old 11-16-2007, 05:55 AM   #45
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Quote:
Originally Posted by marketsmart View Post
then I ask you for your crack dealers pager #... but seriously.. by then i will have made enough to offset the losses by 100's of thousands... i am not a dreamer, i hopem and predict that the dollar will correct itse;lf, but for now that isn a ways off..

dont curse the cow for giviing more milk, praise the windfall...
Most speculative forex systems end up looking like this:


You'll go up parabolically until the trend turns around so fast and so hard that you won't have time to blink (and blows out your account). Using so much leverage you're just setting up yourself for long-tail events (things that 'wont'' happen but they actually do).
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Old 11-16-2007, 05:56 AM   #46
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congrats man, that are some serious skills doesnt matter that you are saying you are a "forex idiot" ;) keep up the great work!
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Old 11-16-2007, 05:57 AM   #47
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fyi, i am going to bed. atm i am $346.01 in the red. but i know i will be in the black today or on monday at the latest. i could have averaged down and would be in the black right now, but i wanted to prove a point in that forex trading is a no brainer right now. check back and see how i ended up.... $1.459220 is what i am in for all you naysayers.... again i could have avereged down but i wanted to let it ride today..

normally i dont sleep when i am trading but i am so confident that i will be in the black by mondayb that i will let it ride even though i bought highe than i would have noremally bought today...
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Old 11-16-2007, 06:01 AM   #48
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Quote:
Originally Posted by Eman - PG View Post
Most speculative forex systems end up looking like this:


You'll go up parabolically until the trend turns around so fast and so hard that you won't have time to blink (and blows out your account). Using so much leverage you're just setting up yourself for long-tail events (things that 'wont'' happen but they actually do).
agreed, the luck or skill (whatever you define it) is getting out before the market turns against you... with that said (pending a catostrophic event) i thing the euro/dollar market has another 6-18 months before as significant correction....
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Old 11-16-2007, 06:02 AM   #49
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goodnight... see you in 10 hours....
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Old 11-16-2007, 06:03 AM   #50
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Alternatively, if you are hooked on 'shorting', get into some mid-small forestry positions and short the hell out of them.

Seems like the current moneymaking trend.

RvR.
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