Anyone ever trade foreign currencies?

redsfann

redsfann

ale connoisseur
Forum Member
Aug 3, 1999
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Somewhere in Corn Country
An old acquaintence recently contacted me about his new business to see if I might be interested in joining him on either a full or part time basis.
He is involved with the FOREX program, that is, he trades foreign currency and shows others how to do it and how to make money at it.
I've done a little investigating, and while it looks on the up and up and it might be something worth exploring further, other than this guy(who obviously doesn't see any of the drawbacks/worts etc) in his new choice of careers, it would be interesting to hear of others that may be involved now, or have been involved in the past, and hear their takes on why or why not this is something to get involved with --and more importantly-- invest some of my hard-earned money in.

Thanks for any imput you can give me......
 
D

djv

Registered User
Forum Member
Nov 4, 2000
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Just where in heck you been hideing. I know little of this. I only did exhanges when I traveled. I do remember it culdchange fast. I know it's used by big companies to secure good rates. But they have time on there side. They call it buying ahead I believe. I know some countries it can change everyday. Maybe you should try but at lowest amount just to see. And because that may have been a fluke if it worked. I would try again and again with low exposure. Kind-a like a three teamer. I wish I was of more help.
 
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