I used to work at one of the largest retail FX (forex) dealing desks, basically a bucket shop operation, AMA
So, I've seen a lot of people recommending failed investors/traders to start trading forex instead of stocks/futures/bonds. Having worked at one of the largest dealers, I can tell you that this is a huge mistake. 25% of the time I was trading the firm's money, while 75% of the time I was tasked with figuring out which clients we could bet against and which clients we should target to attempt to reverse engineer their strategies. AMA
Forex (FX) is the market where currencies are traded and the term is the shortened form of foreign exchange. Forex is the largest financial marketplace in the world. With no central location, it ... The dollar index against a basket of major currencies fell 0.34% to 93.23, the lowest since September 21. It has held within a range from 91.74 to 94.75 since late July. The euro rose 0.45% to $1.1811 ... Dear Trader, welcome to the dynamic world of forex, where the markets never sleep (except on the weekends of course). Boasting of an average daily turnover of $3 trillion (U.S. dollar) if not more, the world of currencies is one of the largest, even bigger than the equity markets. The foreign exchange (also known as FX or forex) market is a global marketplace for exchanging national currencies against one another. Because of the worldwide reach of trade, commerce, and ... FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act.
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