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Re: Stocks / Share & Daytrader
 

Vwr32 what would you reccomend to learn forex on an intermediate level

Re: Stocks / Share & Daytrader
 

Lol Forex, I wonder how many traders went bust after the Swiss National Bank announcement two days ago.

Re: Stocks / Share & Daytrader
 

I'm using forexfactory.com, investing.com and etoro. Soon planning to switch to a better broker. My strategy is analyze graphs, look for patterns, use economic calendars, take time zones into account, know what happens in the world, never trust anyone's opinion but always take it into account, take the money out quickly if things not going according to your plan, use stop loss(not always), put only 5-20% of your money into each currency, always learn from your mistakes, keep your emotions away, always look for better strategies, keep believing in yourself even if sometimes things go bad. I would recommend using virtual money for the first 100-1000 transactions you make, when you feel ready, start with small amount of money and go bigger step by step.

Re: Stocks / Share & Daytrader
 

I was inside EUR/CHF the moment they announced it and i lost a nice amount of money but instead of wasting my time crying about it i was focused on gaining it back and i got it the next day thanks to the huge volatility on USD/CHF, EUR/CHF and CHF/JPY. Now i'm excited to see whats going to happen next week.

Re: Stocks / Share & Daytrader
 

Well not just retail traders...

FXCM Faces Losses on Franc Trades as Swiss Shock Spreads - Bloomberg

Re: Stocks / Share & Daytrader
 

That was a dirty move, they could have scheduled the meeting to lower the impact but they chose to do it spontaneously which makes me think that some very unethical people behind this, i bet Soros made millions that day.

Re: Stocks / Share & Daytrader
 

Got in last October, got out late November as it started coming down. I hate seeing my portfolio loose money.

Re: Stocks / Share & Daytrader
 

Forex takes a lot of mastery - I have 2 friends who have lost a bit while attempting to master the curve

Re: Stocks / Share & Daytrader
 

I've been trading for a while.

Go to amazon and check out a book by Jesse Stine. You'll like it

Re: Stocks / Share & Daytrader
 

Can't believe the amount of attention Shake Shack's getting. I had never even heard of it until now. Anybody going to jump in? :juggle:

Re: Stocks / Share & Daytrader
 

Besides the super long lines, i love me some shake shack :D

think ill pass on the IPO though

Re: Stocks / Share & Daytrader
 

Good call, shares fell again today :noidea:

Re: Stocks / Share & Daytrader
 

I love btc too . Cheers!

Re: Stocks / Share & Daytrader
 

I have made a fortune on btcfinex as a lender but man im scared they could like any exchange close their doors at any moment. Literally the first thing i check every morning. But huge returns and if the site stats open lol zero risk

Re: Stocks / Share & Daytrader
 

Bought put options today for next Jan on Deutsche Bank and Baryclays. I think both these banks are going under.

Re: Stocks / Share & Daytrader
 

US Unemployment increase 218%.... I believe we are headed for a recession. The LONG Bull run is due to end....

Re: Stocks / Share & Daytrader
 

The air is coming out of this thing especially in the United States. The retail sales from the xmas months have all came out very poor. Like you said the employment numbers are completely rigged. I just found out the other day if someone has two part times job then somehow they count both jobs as full time in their unemployment figures.

I am definitely with you. Physical Metals, Mining stocks, some USD cash, Swiss Francs and Singapore Dollars are my favorite place to be right now. Once Iran sanctions are lifted and they flood the market with their oil that is just sitting there then I may start looking at some of the major Oil players again, the deep sea drillers are already down like 90% they might go lower though. Definitely a buy and hold small position.

Shorting retailers or buying put options in some of the names we know that are fragile out there could be an interesting play as well.

Re: Stocks / Share & Daytrader
 

Gold looks to slowly be breaking out, Silver looks to be lagging. Bitcoin has performed well especially since last July when I got on board. Everything in my opinion is pointing to a global market crash or severe recession. Most crashes and corrections make their big moves headed into the second half of their as the confidence waivers report after report.

Re: Stocks / Share & Daytrader
 

I've made big money overnight but also lost big overnight...I find day trading to be 1000x easier than anything overnight, investing is cool if you like waiting months-years. Im the hyper type so day trading is my thing. Ive been trading since 2011 and learned ALOT. The best thing you could do is practice with a paper-trading account for at least a year, then transition to real money when your ready aka making money by the end of the week every week for at least a month. Its tough and Ecommerce is deff easier but you can make those same profits in minutes through stocks...but you can also lose in seconds. ATM Im only doing Ecommerce just to build up my brokerage account etc...Good luck!

Re: Stocks / Share & Daytrader
 

In a nutshell I agree. Would rather have my money work for me than work for my money. Loading up on Junior Mining and Exploration stocks. In my personal opinion this sector is going to see unreal returns in the coming 1-2 years. Everything has risk I agree, investing is not for the faint hearted.

Re: Stocks / Share & Daytrader
 

Going into Uranium Miners about 5% of my portfolio. With the US being the biggest consumer of Nuclear energy as of 2014 I am going with the mining stocks in U.S. and Canada. Fisson, NextGen and I also like UEC. With U.S. still being the largest consumer of Nuclear Power as much as Bernie Sanders may not want to admit. Solar is less than 1% wind is like 5% tops. 60% or more still comes from Coal and Natural Gas. Nuclear is the only other Zero Carbon option. In China they are gobbling this **** up because their pollution is so bad. Quite simply Wind and Solar can't cut it.

The U.S imports about 80% of it Uranium from Kazakhstan and Russia which obviously causes Geo-political risk. I see the future of Uranium for US energy looking for more stable regions here in the states or friendly nations such as Canada. As much of a Liberal granola muncher you may be and I am not a huge Nuclear fan due to the risks. It is the only other Zero Carbon option with real potential for Bernie Sanders Voters!!!! That is why I am tripling down on the commodity!!!



In 2014, the United States generated about 4,093 billion kilowatthours of electricity.1 About 67% of the electricity generated was from fossil fuels (coal, natural gas, and petroleum).

Major energy sources and percent share of total U.S. electricity generation in 2014:

Coal = 39%
Natural gas = 27%
Nuclear = 19%
Hydropower = 6%
Other renewables = 7%
Biomass = 1.7%
Geothermal = 0.4%
Solar = 0.4%
Wind = 4.4%
Petroleum = 1%
Other gases < 1%

Re: Stocks / Share & Daytrader
 

trading energy? sweet jesus is that a rollercoaster ride. i'm in and out of a few lately on a weekly basis