Robert asks…
MONEY trading!!???
how does that work i heard u can make a lot of money on money trading should i do it i need to make money is this a good way to start ??? please help??
admin answers:
Yes you can make alot of money trading money. But it is something that you need to know at least something about. I use www.fxcm.com The site will guild you to everything that you need to know about trading the money. They will set you up with a practice acount and when you are ready you can trade for real. They also have classes on their site to help you out and there is always someone that can help. Give it a try, there is money out of your pocket and FXCM.com want you to make money so they help you out as much as possible.
Mark
Susan asks…
Money trading?
If I have $100 in one’s, can I go to the bank and trade them for 5 $20 bills? And do I have to go to the bank I belong to to trade money?
admin answers:
Any bank should be able to trade your 100 $1′s into 20 $5′s. The bank may require you to be a customer in case any of the $1′s are found to be counterfeit. It would be better to go to your own bank.
Richard asks…
I want to make some money trading options, where could I start in this economic crisis?
I want to start making money by trading options starting off with a small £100. I want to do all my trades using 50% trading margin to try and maximise all potential profits. Where would you sujest I start at in our times of financial crisis?
admin answers:
As capitalism has just collapsed, this may not be the ideal time to start such a venture.
50% margin eh? …. I like your style!
Donald asks…
How does Goldman Sachs make money from trading?
I just read that their trading department made money by trading every single day in the first quarter and all except for 3 days in the second quarter. How do they make money trading ? By jumping on trends early, by using program trading to take advantage of late-breaking news, or possibly by out-dueling the competing firms? How does the small investor stand a chance in the stock market? By recognizing when the big boys are moving in and out and by ignoring the whipsaws in the market?
admin answers:
Goldman Sachs does not “jump on trends”, they create them. Their traders are ruthless, and really good at what they do. They have the power to do as they wish. It is impossible to know when they jump in and out, because they are very good at hiding what they do. Your only chance is to invest in companies that the big boys won’t touch, to recognize trends that are determined more by market forces and less by manipulation.
Thomas asks…
Can one really manke big money trading in Nifty Options?
If yes, are there any reliable sources for trading tips? There are too many around, and all of them claim to double / triple your money in a month. Is there any genuine service provider for accurate and timely information?
admin answers:
Offcourse ,one can make BIG MONEY while trading in NIFTY Options
…………..BUT…………
This is not complete story
One can easily Loose a GOOD AMOUNT OF MONEY in trading in Nifty Options.
Only one confirmed POSITIVE aspect in Options is that ….If you are trading as Options Buyer …then ….You cannot loose more than what you have…..Bcoz, the downward Risk is limited to the amount of Premium.
Basically , These instrument are invented to give some amount of security to your Portfolio by hedging Risks. BUT , these are used NAKEDLY by inexperienced people.
So, here we are…..
Look Problem did’t lie in the Market per se…..
I usually Experienced that Main Problem lies with the Mindset with which a Potential investor enters the Stock Market.
In Addition there is a community called Broker which always helps in worsning the situation …without Knowing.
The Mindset
Please don’t look at the Stock Market as a Place where Gambling is taking place in a legalised form. Boss, This is serious Money involving Market and most of the time did’nt favour those who invest casually.Moreover, there is no TRICK/TIPS that make you rich overnight.
Some Exception may be there …BUT ..Normally it did’nt happen.
The Broker
Most of the Broking firms employs LOW COST inexperienced personnel as Managers. Then apply FULL ON pressure of Revenue Generation from clients. Then these so called ” Relationship Managers ” ….ADVICES….abruptly to their client ,making inappropriate and impossible ambitious claim JUST TO GENERATE REVENUE.
Like you mention Doubling/Tripling your Money
Ask them, why are you working 9 – 5 for a meagre salary in some C class company?
Thus , my advice before entering in these kind of trades FIND a GOOD ,Experienced Broker personaly then and Only then Try out these derivative instrument.
TIP : A good Broker never claim tall Promises
Let me quote the famous line by an American Economist about these Derivative instrument…like Futures and Options ..e.t.c
” These are weapons on Financial Mass Destruction ”
Thus, these intrument are to be …HANDLE WITH CARE
Hope it will answer your query
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