LET'S FIND OUT WHO HAS LOST THE MOST MONEY ON THE FOREX MARKET AND FOR HOW LONG !!!! - page 14
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what kind of business?
I don't know.
do you know?
I don't know.
do you know?
where is this information from?
Can you please give me a link?
If you are a client of a bank and trade forex through that bank, the bank will give you leverage. For example, with a deposit of USD 1 million or more, Datchet Bank was able to give you 1:4 leverage in 2007. It is clear that leverage pays as much as any loan.
That's what I'm saying, you can only trade through a bank. Not through a brokerage house.
The leverage of 1:4, exactly, is ok, but not as great as 1:100 or 1:50 that most brokerage companies offer.
What do hedge funds do then? What does Soros do? What did Buffett do in the fall of 2008?
What do we care what Soros and Buffett do? Just because Abramovich made billions of dollars, it means that everybody can earn that much.
This is one of the favorite tricks of brokerage companies to brainwash suckers - to remind them more often about millionaires who made their fortune on Forex. They made their fortune and you are no worse?
The same "lucky men" there are in the casinos, and in poker, and in lotteries, and in bookmakers, who have earned millions of dollars on it. So, what, now all the crowd rush to the casinos, repeat their exploits?
Behave yourselves. No one needs to be rude
where is this information from?
Can you give me a link, please?
Here http://www.sba.gov/ ask.
50 per cent of businesses fail in the first year and 95 per cent fail within five years.
Behave yourselves. No one needs to be rude.
What did you see as being rude?
Here http://www.sba.gov/ request.
50 per cent of businesses fail in the first year and 95 per cent fail within five years.
Well, five years is a long time.
and even more so, there are no statistics on how many then go back into business and succeed.
That's not the question: the quality of a trader is measured on a binary scale - you are either a trader or you are not. A trader is a player on financial markets, who increases his deposit in a year by a rate higher than the notional risk-free rate. You are either a trader or you are not.
And if you are a manager of a company - the scale is e.g. 10 points. You can be a good manager, an average manager, etc.
You see, you are either a trader or you are nothing.
Well, five years is a long time.
and even more so because there are no statistics on how many go back into the business afterwards and are successful.
This is not the issue: the quality of a trader is measured by a binary scale - you are either a trader or you are not. A trader is a player on financial markets, who increases his deposit in a year by a rate higher than the notional risk-free rate. You are either a trader or you are not.
And if you are a manager of a company - the scale is e.g. 10 points. You can be a good manager, an average manager, etc.
You see, you're either a trader or you're nothing.