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Is forex trading more risky than index trading or stock trading? Why?

frenchbriefs

Alfrescian (Inf)
Asset
this poker story reminded me of a friend who won 200k from the casino in a year, he thought it was skill in barcarrat. following year, he lost 500k.

bacarrat is a stupid asian gambling game that chinks are obsessed with,poker is played against other human players not the house/casino,when u win money at poker u dont win from the casino,u win from other players.but if u like we can play a game of poker sometimes,come down to australia,poker is big there,lots of people at the crown casino playing poker for a living.

funny how u think poker is a gambling game but trading is not......
 
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krafty

Alfrescian (Inf)
Asset
when i play barcarrat, i play for fun, when i was at crown, my banker friends brought me in as guest to the VIP level. i saw many asians very engrossed in the game. till the extent very scary...

bacarrat is a stupid asian gambling game that chinks are obsessed with,poker is played against other human players not the house/casino,when u win money at poker u dont win from the casino,u win from other players.but if u like we can play a game of poker sometimes,come down to australia,poker is big there,lots of people at the crown casino playing poker for a living.
 

frenchbriefs

Alfrescian (Inf)
Asset
I make much more than $100/day from dividends & I don't even have to sell any of my shares:biggrin:

However it took years of investing & some luck to achieve this level of returns. I just set aside some $ from my salary for investments.

$100/day is $36,000 a year,how big is ur portfolio?500k?
 

frenchbriefs

Alfrescian (Inf)
Asset
when i play barcarrat, i play for fun, when i was at crown, my banker friends brought me in as guest to the VIP level. i saw many asians very engrossed in the game. till the extent very scary...

yeah good money for the aussies,where is the vip level?i only saw the bacarrat room where they bet like $100 to $200 a hand.those tiongs are filthy rich man......but SG MBS even more hardcore......
 

krafty

Alfrescian (Inf)
Asset
last floor, in mel, you need platinum card to get in...

yeah good money for the aussies,where is the vip level?i only saw the bacarrat room where they bet like $100 to $200 a hand.those tiongs are filthy rich man......but SG MBS even more hardcore......
 

shittypore

Alfrescian
Loyal
If its not your own cash, go full steam ahead. Be like Temasick
or Gic, buy high sell low. Saying in the Banking world, never use
your own cash to trade.
 

krafty

Alfrescian (Inf)
Asset
you gotta know a little about economics to anticipate what the central banks will be doing.

The news that you get is considered "history" by the time you read it and charts tell you nothing about the future.

If you knew where the market was heading, you'd be a multi millionaire by now.
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
if not, what...? tell us what you know...:rolleyes:

I have already told you over and over again the best place to invest is in yourself for the simple reason that you are in complete control over your own decisions and actions.

Everything else is guesswork.
 

Jah_rastafar_I

Alfrescian (Inf)
Asset
u mean ur goal is to make $100 a day?beer and ciggy money....man back when i was playing online poker for money i was making maybe $20 a day(can arm chio already) and the money was not even constant,but on average i make $150 to $200 usd a week.and that was playing online poker 7 to 10 hours a day.......imagine having to wake up everyday,day in day out face the computer screen and doing the same shit over and over again for 8 hours.....640 minutes of nonstop clicking,....some days u dont even make money,u lose money after "working" for 8 hours straight.....poker may be fun but when u do the same thing day after day,pretty soon u get sick of that shit.....but u have to keep doing it,u depend on it for ur "beer and ciggy money".

u say u want be trader have u ever stared at the trading screen from the time market open till the time it close 7 hours a day,day after day for 6 months or 1 year or 2 years straight?these kind of jobs takes huge amounts of mental concentration and focus.....not like security guard job just sleep the whole day.


compares online poker to trading. Nice one.
 

johnny333

Alfrescian (Inf)
Asset
$100/day is $36,000 a year,how big is ur portfolio?500k?


Have much more than $500k. At least US$1+ million invested mostly in US equities. My shares are still appreciating while I am getting these dividends. If I didn't have to contribute to the CPF I could have invested & made more:(

The important thing is that right now is I don't have to sell any of my shares. The dividend will even be enough for me to get a cheaper condo & car in LOS without selling my home in Spore. However I may decide to rent because I don't like the hassle of home ownership.
 

Jah_rastafar_I

Alfrescian (Inf)
Asset
Have much more than $500k. At least US$1+ million invested mostly in US equities. My shares are still appreciating while I am getting these dividends. If I didn't have to contribute to the CPF I could have invested & made more:(

The important thing is that right now is I don't have to sell any of my shares. The dividend will even be enough for me to get a cheaper condo & car in LOS without selling my home in Spore. However I may decide to rent because I don't like the hassle of home ownership.



Wow able to afford to buy a car and condo in Thailand just by dividends alone. Imagine if Johnny sold off his shares but still appreciating.
 
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Jah_rastafar_I

Alfrescian (Inf)
Asset
you gotta know a little about economics to anticipate what the central banks will be doing.

You're so full of shit it's leaking out all over the place.

if not, what...? tell us what you know...:rolleyes:

I have already told you over and over again the best place to invest is in yourself for the simple reason that you are in complete control over your own decisions and actions.

Everything else is guesswork.



What krafty means is do you have any insider news or anything that will aid him in making money whether in stocks share or fx etc. :rolleyes:
 

johnny333

Alfrescian (Inf)
Asset
Wow able to afford to buy a car and condo in Thailand just by dividends alone. Imagine if Johnny sold off his shares.

A condo in Pattaya can be cheaper than a car in Spore:biggrin:

There are many, many... property agents manning booths in the malls. Many of them are farang targetting the Russians, brits, PRC Chinese,.....

For those curious about the Pattaya market I'll provide some URLs. Keep in mind that these are the higher end targetting the farangs.

Here are examples of the properties for sale
http://elegancepattaya.com/
http://pattaya-property.biz/
http://siamproperties.net/
 

Jah_rastafar_I

Alfrescian (Inf)
Asset
A condo in Pattaya can be cheaper than a car in Spore:biggrin:

There are many, many... property agents manning booths in the malls. Many of them are farang targetting the Russians, brits, PRC Chinese,.....

For those curious about the Pattaya market I'll provide some URLs. Keep in mind that these are the higher end targetting the farangs.

Here are examples of the properties for sale
http://elegancepattaya.com/
http://pattaya-property.biz/
http://siamproperties.net/



You're planning to stay in sin city? Many thai girls targetting rich foreigners too.

yup cars and property definitely much cheaper in los.
 

johnny333

Alfrescian (Inf)
Asset
You're planning to stay in sin city? Many thai girls targetting rich foreigners too.

yup cars and property definitely much cheaper in los.


With the problems of the haze I am looking for a 2nd home. Will probably be in LOS.

However still have to visit Chiangmai for a look and see. The heat & rain in Pattaya can be a problem.

There's no rush & waiting to see if the AEC(ASEAN Economic Community) is going to be make it easier to stay in LOS?
 
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