ronkar Posted November 29, 2007 Report Posted November 29, 2007 Hey Anyone has any experience they can share as it relates to foreign exchange trading, or what has been termed fxtrade? In Jamaica, we currently have a number of alternative investment schemes, offering high returns of 10% per month (120% per annum) on your principal. Some claim to be involved in fxtrade and have been doing quite well. Your thoughts, views, or experiences are welcomed.
willij Posted December 4, 2007 Report Posted December 4, 2007 Well Ron, those are CRAZY returns and it leads one to wonder exactly how those returns are being generated with such regularity. F/X trading as I understand it is a zero-sum game, you win some and you lose some. The earnings can be huge and the same holds true for the potential losses. So of course lots of money can be made, but it is hardly likely that they can be sustained over time with such predictability as to almost guarantee those significant returns.
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