|
|
Post by sunnyd on Dec 27, 2018 1:16:16 GMT
At a Christmas party, a family member said he is taking a class to become a day trader in the foreign exchange currency market. He paid A LOT for the class & I wondered if anyone has experience with this. It seems like there was a pea who day-traded but maybe I'm thinking of something else. Can you tell me about it? Is it a get rich quick scheme or a legit business? Are people able to provide for their family with this line of work? Seems sketchy and risky to me but I know nothing about it.
|
|
|
|
Post by katlady on Dec 27, 2018 1:22:26 GMT
It is legit, but very risky. You have to sit at the computer all day and be ready to buy and sell quickly. A friend used to do it, but on stocks, not currency. He made a little money before quitting.
|
|
|
|
Post by mikklynn on Dec 27, 2018 2:04:04 GMT
Our friend that did day trading is driving an Uber now...
|
|
Deleted
Posts: 0
Sept 30, 2024 17:30:54 GMT
|
Post by Deleted on Dec 27, 2018 2:57:44 GMT
My husband’s brother does something like it, but he only uses money that he can afford to lose.
He really works at it. He is up at 4-5 am to get on when his site opens. He does not leave his computer until 10 am. He is constantly watching financial news. He does go out but when he gets home he watches more news to get ready for the next day.
It is not a get rich quick scheme
|
|
trollie
Pearl Clutcher
Posts: 3,580 
|
Post by trollie on Dec 27, 2018 3:27:47 GMT
I think Yubon Peatlejuice is a day trader. There is a good chance that I am wrong though.... |
|
