There's been a lot of uneducated argument on this - let me give you a simple example for you to argue about.
Lets assume that the Eur/USd rate is 2.00, That means the Usd/Eur rate is 0.50
We trade equal amounts (in money terms) of each currency pair.
We buy 1000 Eur/Usd @2.0 (value...
I haven't read all of this thread but you are forgetting automatic arbitrage trading.
This is profitable provided you have the feeds and systems allowing you the milliseconds advantage over the competition.
Be careful spanish, I've never heard of anyone having to pay upfront for a job before - make sure you've signed and read that contract before you hand over the money.
Hmm yes more spanish bullsh1t
16 cars per hour @ £4 = £64 per hour revenue
Over 7 hours that's £448
But you are paying the girls £1 per car. Let's assume you only allow 1 girl to wash each car - so that's a cost of £16ph (16 cars an hour) - Over the day that's £112 costs.
So...
While a pile of crap.
6K for 6 months = 36K
Allowing for 2K a month living expenses you should have 24K in your account.
YOU DONT
you have less than 4K.
Best honest and stop giving us this bullshit. You say that on your CV and you won't get past the interview stage as it'll be...
Then why don't you sell oil and go to sleep till Weds next week?
You know the answer why.
Anybody can be rich in hindsight.
You have to make the best decisions based on the knowledge you have at the time - which is why trading is such a challenge.
Dont ponder over what could have...
spanish have you considered that maybe the oil price action is now returning to "normal"?
The last 2 months have seen the most remarkable price moves that to be honest any numpty could have made money out of.
Now we're back to the usual indecisiveness and "technical" markets where it's...
The only way I could see the derivatives market collapsing if there is a huge shift in the underlying which results in numerous accounts getting margin called and clients being unable to meet those calls.
This would require an opening gap of some magnitude otherwise brokers would call the...