Pound in biggest monthly fall against the dollar since 2016...

[JP_]

Maybe you might like to explain ? But dont point us to google, just a simple explanation will do. If you can ?

I already asked, but he avoided the question.

He did say in the first post that you just need to open an FX account.
But, if you do this, they ask for funding up front, before you can sell pounds. But apparently, this doesn't mean you are spending your pounds to fund your trading ...

 

[wellyfish]

I think most people understand leverage (to some extent, not every nuance and detail), but very few understand how to sell pounds without spending them.

Maybe you might like to explain ? But dont point us to google, just a simple explanation will do. If you can ?

I'll indulge you this once. Here's the explanation:

Leverage.

 

[carmanmemoranda]

I'll indulge you this once. Here's the explanation:

Leverage.

Thanks for that, I think it proves the point

 

[wellyfish]

Thanks for that, I think it proves the point

Well done, not that difficult, is it?

 

[wellyfish]

"The Bank of England says it won't hesitate to raise interest rates by as much as needed to return inflation to the 2% target"

Well that essentially f*cks over the majority of the UK population...

An out of control economy with an out of control corrupt government...

Stagflation!

And remember folks, it took root on June 23rd 2016!

Yeah, lots of people will be made unemployed.

Govt will point at BoE and say 'it was them'.

 

[carmanmemoranda]

Well done, not that difficult, is it?

Now go just a little further and explain how you can trade without any money?

 

[ellal]

Now go just a little further and explain how you can trade without any money?

Magic beans apparently...

It's the brexiteer currency of choice!

 

[wellyfish]

Now go just a little further and explain how you can trade without any money?

Oh dear.

 

[carmanmemoranda]

Oh dear.

So, can you or cant you trade without any money ?

Its a direct simple question. Please do your best to answer it directly.

 

[wellyfish]

So, can you or cant you trade without any money ?

Its a direct simple question. Please do your best to answer it directly.

1. Check post #253 along with all the subsequent q&a's in the thread.
2. If you still have questions, refer to 1 above.
Good luck.

 

[carmanmemoranda]

1. Check post #253 along with all the subsequent q&a's in the thread.
2. If you still have questions, refer to 1 above.
Good luck.

Was that yes, or no ?

It really is that simple a question

 

[JP_]

Leverage

Lol

 

[carmanmemoranda]

I already asked, but he avoided the question.

Same

 

[transam]

People used to trade with no money

Bartering a sort of you scratch my back I will scratch yours caper

There was a case a good while back were some bloke ended up with a house he started off swapping a paper clip

Tis what I heard any way

 

[carmanmemoranda]

People used to trade with no money

Bartering a sort of you scratch my back I will scratch yours caper

There was a case a good while back were some bloke ended up with a house he started off swapping a paper clip

Tis what I heard any way

I've heard of that too.

Slightly different thing though