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Old 06-24-2010, 04:16 PM   #1
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Anyone invest in currency?

Have you been watching the news about the Yuan? Plan to buy some or will it fail?

Was thinking of dropping about 10k in it.
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Old 06-24-2010, 04:19 PM   #2
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Some people are making a killing in that currency game.
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Old 06-24-2010, 04:26 PM   #3
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Yeah I have made a few extra dollars myself but I have not really had the time lately and wanted to see what some of the people that really work it and follow it think.
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Old 06-24-2010, 05:13 PM   #4
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Bump. anyone?
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Old 06-24-2010, 05:26 PM   #5
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Have you been watching the news about the Yuan? Plan to buy some or will it fail?

Was thinking of dropping about 10k in it.
1. You can't trade the Yuan as far as I know. At least not us little guys.

2. If you have never traded a forex demo account then I suggest going to Vegas and have a good time with your 10k.
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Old 06-24-2010, 05:38 PM   #6
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We have bought some like that before. It would be in small amounts and not with a trader. But I know what you mean. And I can burn my money right here at a local place.
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Old 06-24-2010, 05:38 PM   #7
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Old 06-24-2010, 05:46 PM   #8
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We have bought some like that before. It would be in small amounts and not with a trader. But I know what you mean. And I can burn my money right here at a local place.
I guess I'm confused by your statements. Are you buying it and stuffing it your mattress?
Why would you not trade it on the Forex market like you would USD EUR JPY CAD etc?
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Old 06-24-2010, 05:51 PM   #9
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Well if its not open to the " Little guys " And I cant get a broker to do it then Yeah if I think its worth buying it and putting it in the mattress I will. Now days what ever it takes to make money in that aspect is worth it.

I had a broker we were using but its been more than 1.5 years and have not talked with him. So...
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Old 06-24-2010, 05:58 PM   #10
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Well if its not open to the " Little guys " And I cant get a broker to do it then Yeah if I think its worth buying it and putting it in the mattress I will. Now days what ever it takes to make money in that aspect is worth it.

I had a broker we were using but its been more than 1.5 years and have not talked with him. So...
Every other currency under the sun but have yet to see the Yuan listed.

If you're starting out you are much better off trading something less exotic. Stick with the more mainstream pairs like EURUSD. Theres money to be made but not a get rich quick scheme by any means.
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Old 06-24-2010, 06:02 PM   #11
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Yeah its not listed yet.. and i have moved about 150k with the US/MXN and done well with it. as with all ups and downs. But made some in the long run and it was worth it.

I was really just wondering if people were watching it and what the thought was.

Thanks for the input though.

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Old 06-24-2010, 06:05 PM   #12
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Old 06-24-2010, 06:13 PM   #13
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Have you been watching the news about the Yuan? Plan to buy some or will it fail?

Was thinking of dropping about 10k in it.

dude shut the hell up, don't give the game away. Jesus
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