who else thinks forex trading is stupid!

I

ineedmoney90

i rather trade stocks! stocks are easy! all you have to is times the amount shares with the price of the stocks you want to buy to figure out how much youre going to make or lose when the stock go up or down. easy right!? well forex want you to jump through hoops and do all this stupid shit like algebra and geometry (satire) and figure out the distance from the sun to earth with a pencil before you can make a purchase on a trade! lot size is retarded!
 
maxinger said:
How much did you lose from trading forex?
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i didnt lose any. i was on evaluation so i was playing on a demo with fake money. i didnt how stupid it is to make purchase. you have to figure out the lot size and that shit aint easy! very complicated! some people say 1.00 = 100k then someone else says it = 10 dollars and then times the amount of pips and you need to divide and algebra and geometry the leverage size and account size like holy hell! wtf! fxxx this BS!
 
ineedmoney90 said:
i didnt lose any. i was on evaluation so i was playing on a demo with fake money. i didnt how stupid it is to make purchase. you have to figure out the lot size and that shit aint easy! very complicated! some people say 1.00 = 100k then someone else says it = 10 dollars and then times the amount of pips and you need to divide and algebra and geometry the leverage size and account size like holy hell! wtf! fxxx this BS!
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I day trade various futures.

I rarely trade currency futures as it moves relatively little.
There are other better things to trade.
 
Fella, there's actually Forex tools that do all
the math for you automatically.

Just log into https://www.mql5.com and look for Forex Trade Manager
There's one for both MT4 and MT5

Knowledge is power, make use of it.
 
mikeriley said:
Fella, there's actually Forex tools that do all
the math for you automatically.

Just log into https://www.mql5.com and look for Forex Trade Manager
There's one for both MT4 and MT5

Knowledge is power, make use of it.
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nah i prefer it to be simple. im not doing all that. its like choosing to drive stick shift over automatic.
 
ineedmoney90 said:
i rather trade stocks! stocks are easy! all you have to is times the amount shares with the price of the stocks you want to buy to figure out how much youre going to make or lose when the stock go up or down. easy right!? well forex want you to jump through hoops and do all this stupid shit like algebra and geometry (satire) and figure out the distance from the sun to earth with a pencil before you can make a purchase on a trade! lot size is retarded!
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WHAT?? Algebra and geometry?? What kind of forex are you trading?? LOL A standard lot size is $100K US. It's easier to trade using the US as the base currency. If you can't even figure out how much to trade in terms of lot sizes which is grade 4 math, then you shouldn't be trading.
 
TheDawn said:
WHAT?? Algebra and geometry?? What kind of forex are you trading?? LOL A standard lot size is $100K US. It's easier to trade using the US as the base currency. If you can't even figure out how much to trade in terms of lot sizes which is grade 4 math, then you shouldn't be trading.
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its not the math fool. its fact that its so complicated
 
ineedmoney90 said:
its not the math fool. its fact that its so complicated
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Look if you don't want to trade forex, that's fine but to say that it's because it's too complicated because it trades in a standard lot of $100K and that you can't calculate how much to trade is just ridiculous.

Anyway, suit yourself.
 
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