User Power
Value/Post Ratio
38%
- Mar 26, 2011
- 538
- 204
- 40
I'm thinking about starting a hedge fund. Just a one time shot. Focused on long term bet on EUR. I know how I should marketing this. There's no doubt in my mind that there will be a crash in the US soon.
I actually regged bigbetonusa.com on August 3. I was going to try to get investors to invest in the USD against the SEK. But I've figured out now that the EUR/USD is the next opportunity and I may act on that.
1 USD on August 3: 6.8625 SEK.
1 USD now: 7.4433 SEK.
It's not too hard to trade long term. But I admit I am quite a sucky day trader. Lost all but $5000 on my demo account. I think I made 4-5 trades in a day. Every one of them was a loss. From like $27,000 down to $5,000. Then I stopped trading.
Nah, I am only trading long term from now on. At least a few months. I am too emotional for daytrading.
But anyhow I did like 50:1 trades and 100:1 trades. If I get investor money now.
I would go no higher than 5:1.
I actually regged bigbetonusa.com on August 3. I was going to try to get investors to invest in the USD against the SEK. But I've figured out now that the EUR/USD is the next opportunity and I may act on that.
1 USD on August 3: 6.8625 SEK.
1 USD now: 7.4433 SEK.
It's not too hard to trade long term. But I admit I am quite a sucky day trader. Lost all but $5000 on my demo account. I think I made 4-5 trades in a day. Every one of them was a loss. From like $27,000 down to $5,000. Then I stopped trading.
Nah, I am only trading long term from now on. At least a few months. I am too emotional for daytrading.
But anyhow I did like 50:1 trades and 100:1 trades. If I get investor money now.
I would go no higher than 5:1.
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