Saturday, May 29, 2010

Euros/USD

http://freetradepicks.com/05-2010/how-i-made-4000-in-one-day-with-the-eurusd-and-how-you-can-do-it-too-2/
This is just a short, funny article about US dollars v. the Euro. Thought you all might like it!
Posted by at

5 comments:

  1. Ashlee SteudleMay 30, 2010 at 1:54 PM

    People like this make our financial system into a casino. I don't know who has time to sit around all day trading stocks back and fourth. Unfortunately, this article will probably convince some trading novices to start trading in this risky way.

    ReplyDelete
  2. MattRMay 30, 2010 at 8:37 PM

    Oh man, don't even know where to begin.

    1) I agree with the comment - you really can't brag about any trade unless you post all your OTHER trades and how much you had to risk. That's why investment managers give you their ANNUAL RETURN, not a list of their really good trades.

    2) If you had a way to 'beat wall street', would you set up a really crappy website and try to sell it to other people for $100? Or would you just walk over to Goldman Sachs and make millions?

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  3. k06rl01June 1, 2010 at 8:36 AM

    I agree with Matt. If beating the system with the right "tools" as he states, was so easy why is he providing advice to novice traders and not using his own tools to make some big money.

    ReplyDelete
  4. Ben MinkoffJune 1, 2010 at 12:45 PM

    I agree with with Matt and Rob.

    ReplyDelete
  5. BryanJune 1, 2010 at 1:01 PM

    I agree with Ben. You simply need more explanation and data to show that a.) there are tons of these financial tools and resources to use and not all of them can be used to make money and
    b.) you have to know how they work to properly use them and either be good with technical analysis or independent research
    If I could I would put a disclaimer on the bottom of that article that says "don't try this at home until you have had the proper amount of instruction and research to responsibly handle your REAL MONEY"

    ReplyDelete

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