Discussion of Forex Trading and Currency Trading

if not recession; thenwhat do you call an economy where the currency has been devaluing for AT LEAST 18 months

March 30th, 2008 stanley

when no other currency has been doing the same nosedive?

it should be interesting to see what rush limbaugh has been saying on the subject, since im sure ill get alot of that regurgitated from the responses.

Is currency trading legal?

March 30th, 2008 stanley

A guy who used to work with me quit his job & is living comfortably from making his $$$ through currency trading. He does next to nothing & claims to make good $$$. Could this be true? Is it even legal or he is just yanking my chain?

ALL forex brokers will go bankrupt, because they allow to use leverage to their clients?!?

March 30th, 2008 stanley

You do not agree with me?! Lets think! -Leverage is borrowed money. So if I play with 100.000$ and market goes against me, then broker lose 100.000$. If there are 10 like me- "losers", then broker company lose 1 million! Or I am wrong?!

Is Finanzas Forex a Scam?

March 30th, 2008 stanley

Hello
I register to a forex site, but im a little suspicious about invest on them, i search on net and it seems to be real, they have conferences, they have fotos about the anniversary, but i would like seconds opinions, the site is:

http://www.finanzasforex.com/tavinho

take a look and give me your opinion

is any cureency value is equal to or near to Indian currency?

March 30th, 2008 stanley

What is this "secret currency "?

March 30th, 2008 stanley

somthing related to gold

Countries with high trade decifit shouldn't have low forex?

March 30th, 2008 stanley

If EX<IM so, lower forex will facilitate EX a bit but we will have to pay much more for imported goods. Is that right?

Moreover, lower forex means higher external debt. Therefore, countries with huge debt shouldn't have low forex too?

In my country, both trade decifit and external debt are high but gov still keeps a stable nominal forex while inflation is escalating (which means REER decrease), why?

Who sets currency exchange rates? How are they set?

March 30th, 2008 stanley

I want nitty gritty details– not just the simple "supply and demand" answer!

What kind of US Currency coins are there? $1, $5 $0.50 ect.?

March 30th, 2008 stanley

I know that there are coins that are one dollar and the half dollar but is there a 5 dollar coin? or anything unusual like that?

what is tha potential of makng cash trading forex on a 15-30 mins chart?

March 30th, 2008 stanley

forex traders can answer this

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