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Jan 08, 2005 16:37

Good week... 14 live positive trades in a row without a loss on my personal. Very positive on my Corporate account some interesting things going on at work as well with a change in my responsibilities. Trying to get Tizzlet a job. She may apply to a Dog Grooming place on monday that had an add in the paper, if not that I've suggested a temp ( Read more... )

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sickeleye January 10 2005, 04:08:18 UTC
...what is it that you do, anyways? I.. can't really follow =/

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vensik January 10 2005, 14:56:39 UTC
I trade Foreign Currency. You know when you go from one country to another and exchange your money. When you come back and exchange it, there may be a different exchange rate and you make or lose money on the exchange. Well, I predict these changes with $10,000 to $100,000 changed over at a time. So if it goes up 1 10,000th of a penny, I make 1 dollar at $10,000 in the market. I make $10 dollars per 1 10,000th at $100,000. The broker leverages my money to give me that kind of volume. Usually 200 to one. So I'm putting in $50 per trade to leverage $10,000 in the market.

You know how much money is to be made in the Stock market? Well, that's only about 15 billion a day. The Foriegn Exchange moves about 4.5 trillion a day. Much more. It's good stuff, and not difficult. I've traded 50 trades in a row without a loss. Stock market averages 8-10 trades in a row without a loss.

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