Duke, ready for Forex? If you don't, you may never
(2008-01-21 23:14:34)
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be able to afford Hai Gui! You need a big action before walking into a tiny apartment in Shaghai worth 30-40 million RMB. Yes, once a lifetime, then retire once for all. How many times have you seen US people elected an idiot to crew them up? Once a lifetime!
Next week, Feds rate would be cut 0.5-0.75%, USD down like free fall. Here is my advice for your eyes only:
Buy USD and sell EUR tomorrow and dump all USD and buy back EUR next week to get a free ride with 1:400 leverage.
You hear me? Sell your house and BMW to stay 100% cash, even your last shirt. This is not joking matter. Do you have appetite big enough to support your hobby? Read on if you do.
What? Can\'t risk too much and be afraid of margin calls? And you only know buy-and-hold one way strategy like Chinese playing rumor in China? No problem!
Buy some double down ETF like SDS ($66.21) and DXD ($60.21), hold to pass to your son and doughter as you wish. Have you heard of pork price and rice price getting inflated lately? Buy-and-hold MOO ($50.02) till the last day of this damn world!
You\'d be so rich that you can\'t even enjoy your life the way you described.
Do anything you want to do, just don\'t tell people you alwready told them sell FXI after the market down. You only know how to timing on one position or what? Even if it is FXI, the game shouldn\'t be played as you said.
Next time, be generous to lend some money to those who need it desperately.