Hello everybody I am interested why people here commerce FX, besides the clear:to make money. That is, there are dozens and dozens of methods to make money in this planet what particulars attracted you to FX.
I don't mind sharing .
I remember reading about George Soros when I was a youth. Being from Easter Europe that he was very familiar. He set forth sort of creating a 5 year plan of types for himself in regards to trading. I admired he actually had a great deal of forethought to his path.
His savvy using unknown eastern European markets, at least to his fellow traders, gave him a border he brough unknown players to new markets and vice versa. Lots to say for bridge building there.
But what really attracted me FX was Soros being able to cause Black Wednesday aka White Wednesday. He detected a pattern, a pattern that didn't reflect the essence of this market. While he made more than 1 billion that day, something more significant happened imho, he and other speculators made certain that governments must exist in the reality of this market.
That's, whenver a nations politics run out based on the character of the world currency markets they are corrected. In some ways the FX market is an uber check and balance for nations to abide by, the democracy of this market if you will.
Well that was many years ago I developed those thoughts, I moved into real estate, and establish a few unique and very profitable models of my own. For example, I determined (and I am sure others have before me), that in any given market there are only perhaps a few percent of the general market available at any particular time, so, by controlling a very small percent of active listings in a specific market so can one control the prices on the whole market. Very effective model if required advantage of properly.
Well, eventually George, here I am prepared to understand, observe, absorb, and discover many general theories and principles that can be applied and profited from in the FX game.