What does /pol/ thinks about the forex market?
>>524306117No free lunch. Actively babysitting speculative positions that give you something slightly above treasury yields in the long run, if you do everything perfect.
>>524306117The most degenerate and brutal where if u are asking questions like this you will get obliterated. Lots of places you are actually placing positions against your broker and they have incentive to scam u. Just buy and hold some stonks or buttcoin
>>524306117Forex fucking sucks, S&P averages something like 15% growth per year, other companies pay 10% yields et cetera. You'll be bashing your head against the wall trying to make 15% p/a in forex, and you will NEVER get wins like pic related.Also forex fees are pretty brutal.
>der ewige memeflag faggot
>>524306117You will never outcompete actual forex investors and will always lose.These companies literally built datacenters with bots next to banks on special deals with minimal interest to trade forex every single millisecond of the day.Your best bet is to have a country lose a war, collapse their economy and then exchange into their new useless currency.The problem with forex is that governments decide to inflate or not their currency. But it isn't public most of the time.If i were you, i would do forex with ukraine, venezuela and whatever the fuck is happening in indonesia and india. Buy a shitton of their currency and cross fingers.
>>524308164This is legitimately the only way to make money in Forex and it is 100% gambling. At least with stocks you can pretend to know a bit about an industry or have a bit of foresight.I actually bought some Zimbabwean money about 16 years ago for that reason kek. Needless to say I lost the bet.
