THE WORST DAY FOR GBP SINCE 1848 - page 3.

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legendary

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Quote from: mriulian on October 12, 2016, 10:39:47 AM

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.

mriulian

sr. member

Activity: 308

Merit: 250

Quote from: Shiroslullaby on October 12, 2016, 11:49:04 AM

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...

Shiroslullaby

sr. member

Activity: 434

Merit: 250

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.

mriulian

sr. member

Activity: 308

Merit: 250

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.

European Central Bank

legendary

Activity: 1288

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don't mess with real forex. that's about the only thing anyone can tell you. that is serious business.

Yogafan00000

sr. member

Activity: 314

Merit: 251

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.

mriulian

sr. member

Activity: 308

Merit: 250

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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