Why is there not a single thread about Forex trading?I started recently as a referral to get into a gold/silver trading group, and the guy putting trades out has an fxbook claiming he's got 4m in his account.Do none of y'all do it or am I missing something? Are shitcoins really that big of a deal?
Because Forex is pure trading while shit like commodities/oil/gold/silver can moon like crazy just like stocks or crypto or even real state and people want to have easy money so they're willing to flip CSgo skins or pokemon cards for money or operate Ebay stores where they sell chinese shit they got dropshipped at a markup. Or even flipping your shitbox car for a profit because inflation caused used car prices to be retarded.Forex is just pure "I think the dollaridoo is going to fall against the pound" or some shit, it's simply less predictable, greater risk and less reward because who the fuck is gonna say "OOOOOOOOO THE YEN IS MOOOOOONING".
Boomer marketas long as the hidden liabilities and entitlements are not off the books of the issuer, not worth trading
>>62074699forex trading is basically gambling. you could probably do roulette and have higher odds of winning.
>>62074762doesn't forex exhibit greater degrees of stationarity and more symmetric volatility profiles?the US is seemingly hostile to forex trading, probably why it doesn't get traction here
>>62074699Forex is something to try once in a while, but you will 100% get burned if you make it a regular hobby. I made a bit off the lira tanking a few years ago and was contemplating getting back into Forex due to the yen situation lately, but better judgement took ahold of me.
>>62074699I like Forex. I think it's just not regulated well in the US in that it's heavily controlled and leverage is heavily limited.Forex is nice because you get weekly news events to position around, and if your in a country with decent leverage you can go as big or as small as you want.
any legit forex broker that has copy trading features and an API for algorithmic trading?
>>62074699FX has the same game as futures and /biz/ generally shits on both of them. Futures has easier access to leverage in the US, and prop firms let you push the risk off to a 3rd party but they also mostly do so only for futures. Just learn how to do some mean reversion strategies and you'll end up winning more trades than you lose.
>>62074699there is nothing to talk about really, the best way to trade forex is to daytrade and you don't get anything by sharing your profitable trades, no one can help you become a better trader, there is no incentive to shill anything and if you want to sell signals or some dumb course you are more suited to social media/youtube.also when you daytrade/scalp instead of placing positions for days/weeks/months you rely less on fundamental analysis or geopolitical happenings, the price of gold can be rising consistently in the weekly timeframe but dump the moment you enter and hit your stop loss.more or less forex is more suited to daytrading and daytrading is something you have to learn for yourself, no one can help you.
