You guys are too funny! I HAD always lost my shirt with the stock market. Companies come and go. A company can go bankrupt. I national government rarely goes bankrupt (to ZERO). To buy a mini lot of the EURUSD, you need approximately $33. There is nowhere in the stock market you can RISK just $33 and make hundreds of profit. With mini lots, 1 pip = $1.

I woke up this morning to check a trade, and I called my wife in to see it. I told her "You have to learn how to do this.. It's GOING TO hit the red line (profit target)." 15 minutes later, it hit the red line. It's almost freaky that the chart tells you the future...

FYI - the Dollar is going back up. There may be some bouts where the the BRLUSD goes up during the day, but for the next month or so, the general trend is down.

Originally posted by spongebob You guys are too funny! I HAD always lost my shirt with the stock market. Companies come and go. A company can go bankrupt. I national government rarely goes bankrupt (to ZERO). To buy a mini lot of the EURUSD, you need approximately $33. There is nowhere in the stock market you can RISK just $33 and make hundreds of profit. With mini lots, 1 pip = $1. I woke up this morning to check a trade, and I called my wife in to see it. I told her "You have to learn how to do this.. It's GOING TO hit the red line (profit target)." 15 minutes later, it hit the red line. It's almost freaky that the chart tells you the future...FYI - the Dollar is going back up. There may be some bouts where the the BRLUSD goes up during the day, but for the next month or so, the general trend is down.

But to make the big money you really need to spend alot time scrutinising data. However it can be worth you time.

So cool.. see what I wrote? A few hours later, the EURO tanks.

FYI - the Dollar is going back up. There may be some bouts where the the BRLUSD goes up during the day, but for the next month or so, the general trend is down.

I'm going to wait a week or so to make purchases with my dollar accounts. Remember, prices (quotes) always fall faster than they rise.

Companies come and go, but they do so in a decently controlled manner, and if you do some research, you'll be able to pick the ones that stick around for a long time.

Energy companies are good.
Food companies are good.
Dividend companies are good.

High flying tech companies are bad. (Apple is great, but how many others died off?)
Companies that require trend setting are bad.

That being said, you're buying a $150,000 instrument for $33.  While a currency might not disappear, with that kind of leverage, a small blip could make it disappear.

If you buy a position in the forex and let it sit for 3 years, you're going to be in trouble.
If you buy a stock and let it sit for 3 years, you're going to possibly be in trouble. 

Either way, you need to look over your investments.

You're looking for a get rich quick scheme, and probably invested in the most volatile stock companies you could find to make 600000000000% a year and found out they went belly up or severely tanked on you.