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Topic: THE WORST DAY FOR GBP SINCE 1848 - page 3. (Read 2998 times)

legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
October 12, 2016, 12:29:16 PM
#7
Hi guys,

Is anyone that is good at investments?

Today I lost more than 20.000$ with GBP/USD.

The market was kind of down yesterday and I was waiting for a bumping over the day. Now the day is ending and GBP/USD is down to 1.218 in this moment of when we're talking.

I'm not the best at this type of market and I really don't know what should I do. To sell arround 1.225 or to wait to be back to 1.23.

The point is that I'm not having enough to keep it open and mostly I'll be bankrupt by the end of the day.

Well bad month for me Sad .

So what do u think?

GBP will go up a fair bit in the next year or two, now GB doesn't have to give hand outs to broke ass countries from the EU their economy will thrive. I imagine the USD will benefit from this too.

Sit on your investment until markets recover.
sr. member
Activity: 308
Merit: 250
October 12, 2016, 11:59:31 AM
#6
Honestly GBP is very risky right now.
No one know what is going to happen with rules and regulations after Brexit.
The value might jump back up or it might continue to drop.
Hopefully there is someone here who can offer some good Forex advice.

That's why I invested. If you're looking at charts with what happened in the last days I was expecting for a huge getting up enough for was 0.15% from investment point so it wasn't so hard

But after my investment it was down up to 2%. Now is -1.5% . Hopefully it will reach 0.4% to end this continually stress.

What's funny that I just gave up at university because one month ago I wasn't able to pay 50 more euros and now I'm trading 20k...
sr. member
Activity: 434
Merit: 250
October 12, 2016, 11:49:04 AM
#5
Honestly GBP is very risky right now.
No one know what is going to happen with rules and regulations after Brexit.
The value might jump back up or it might continue to drop.
Hopefully there is someone here who can offer some good Forex advice.
sr. member
Activity: 308
Merit: 250
October 12, 2016, 11:42:27 AM
#4
I trade a lot before but not such big amounts. For me 20k are a lot of money.

Usually just like hobby start with 50 euros and in a month easily 200-300. Never lost. But my target was low everytime

I try 75% back at least.
legendary
Activity: 1288
Merit: 1087
October 12, 2016, 11:20:21 AM
#3
don't mess with real forex. that's about the only thing anyone can tell you. that is serious business.
sr. member
Activity: 314
Merit: 251
October 12, 2016, 11:14:35 AM
#2
It sounds like you are trading with your emotions.  Since you are not a sociopath, the only way to play is not to look at the price.  Set a sell target and dollar cost average your way under it, if you are currently underwater.

I hope you didn't go full retard.
sr. member
Activity: 308
Merit: 250
October 12, 2016, 10:39:47 AM
#1
Hi guys,

Is anyone that is good at investments?

Today I lost more than 20.000$ with GBP/USD.

The market was kind of down yesterday and I was waiting for a bumping over the day. Now the day is ending and GBP/USD is down to 1.218 in this moment of when we're talking.

I'm not the best at this type of market and I really don't know what should I do. To sell arround 1.225 or to wait to be back to 1.23.

The point is that I'm not having enough to keep it open and mostly I'll be bankrupt by the end of the day.

Well bad month for me Sad .

So what do u think?
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