Discussion of Forex Trading and Currency Trading

currency $ and £ please help?

January 26th, 2010 stanley

how muchis $10 in pounds

$80 in pounds

and $100 dollers in pounds

Why do some countries’ currencies start at much higher values than other countries?

January 26th, 2010 stanley

For example, in the United States we have $1 dollar. But the equivalent (exchange rate) for other countries are much bigger values in the hundreds (e.g. - Chilean Peso) or the thousands (e.g. - South Korean money)?
What I want to know is - which country came up with ‘money’ in the first place. It had to probably be a European-based country. What I’m wondering is, if subsequent countries who developed their money (currency) later on - if they made it at a higher value compared to other countries’ currencies so as to like give them a ‘head start’ (if only psychologically) - because if they made their currency at a par value compared to other countries currencies, it would seem so cheap because it’s a new currency, and so I’m wondering if they purposefully made their benchmark much higher to ‘compete’ with other more established currencies.

Forex account risk percent per day?

January 26th, 2010 stanley

Pro traders say risk 1-2 % per trade. I am wondering what the allowed daily loss of account percentage commonly is? Eg if you risk 2% per trade and lost your first three trades you would be down 6% for tha day. would you then quit?

I’d like to find out more info about forex megadroid robot.?

January 26th, 2010 stanley

Anyone out there using this, what kind of server are you using, the cost etc.? Do they give you upgrades when needed? Are you having good results with it?

What does 330 pw mean in London currency?

January 25th, 2010 stanley

How much is that? What does it mean? Help!! Some squiggly "L" looking symbol was in front of the 330.

Was Andrew Jackson right about paper currency?

January 25th, 2010 stanley

Mischief springs from the power which the moneyed interest derives from a paper currency which they are able to control, from the multitude of corporations with exclusive privileges… which are employed altogether for their benefit.
Andrew Jackson

Any body make a full time living trading forex ?

January 25th, 2010 stanley

i wanted now if there any one who make a full time living trading in forex, im not necessarily asking if your rich, just if u make day by day, im been seeing decent profits and looking to make a living my self, only one thing concerns me, forex doesn’t have a lots of laws related to it, and i dnt want to do anything to get in trouble, is there any thing i shouldn’t do when trading, im looking to use a forex robot for assistance, is that ok. plz U.S. traders only

What is the best Forex Broker?Why?

January 25th, 2010 stanley

Should businesses in the US be required to accept US currency for payment? Are they required…?

January 25th, 2010 stanley

…to?
It says on our cash, "this note is legal tender for all debts, puiblic and private".
I went to pay my childs day care, at a relatively small academic day care place, and they would not accept my cash. I found this to be absurd and ridiculous. Why would a business not accept cash? Since when is dealing in cash a bad thing?

I told the worker thats the most unAmerican thing I have ever heard, and I thought it was disgusting they wouldnt accept my cash.

She mentioned that maybe it was because it would be too easy for the employees to steal cash, but hell, they can take check information just as well if they wanted to. Also, if they are hiring folks and entrusting the welfare and safety of small children with them, why would they need to worry about petty cash theft?

Anyway, are businesses required to accept cash? Do you think they should be?

What do you think the framers would have thought about, a fiat, debt based currency and trillions of debt?

January 25th, 2010 stanley

Do you think the general welfare clause or whatever else you could manipulate would be what they had in mind?
It is not skewed. They were well aware of the possibilities. Read what they wrote about that sort of thing.

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