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Reload this Page investing $$$ in a friend who is supposed to be good in FOREX
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Old 08-31-2011, 12:57 AM   #31
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Re: investing $$$ in a friend who is supposed to be good in FOREX
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100% bad idea.

Turned 15K into 100 in 1 year and needs your 15k?
Think about what this man just said very very carefully.
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Old 08-31-2011, 01:48 AM   #32
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Re: investing $$$ in a friend who is supposed to be good in FOREX
"investing $$$ in a friend who is supposed to be good in FOREX"

nuf said
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Old 08-31-2011, 01:54 AM   #33
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Re: investing $$$ in a friend who is supposed to be good in FOREX
cliffs: op hates money.
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Old 08-31-2011, 09:25 PM   #34
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Re: investing $$$ in a friend who is supposed to be good in FOREX
hai, if i give him $15k can he double it 4 me?
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Old 08-31-2011, 10:12 PM   #35
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Re: investing $$$ in a friend who is supposed to be good in FOREX
Does your friend post on 2p2 as ArturiusX?

Don't give him the money.
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Old 08-31-2011, 10:39 PM   #36
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Re: investing $$$ in a friend who is supposed to be good in FOREX
I'm not sure why people knee-jerk say no to stuff like this. It obviously depends if he is good or not. If he can beat Forex then you should obv do it imo. If he can't then you shouldn't.

If OP has no way to determine that they he shouldn't invest anything he's not prepared to lose but saying he will for sure lose his money is dumb. You don't know this guy is a fish.
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Old 08-31-2011, 10:48 PM   #37
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Re: investing $$$ in a friend who is supposed to be good in FOREX
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I'm not sure why people knee-jerk say no to stuff like this. It obviously depends if he is good or not. If he can beat Forex then you should obv do it imo. If he can't then you shouldn't.
If the guy that sent you an email really is a deposed Nigerian Prince you should send him money imo
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Old 08-31-2011, 10:49 PM   #38
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Re: investing $$$ in a friend who is supposed to be good in FOREX
Most banks have shut down their proprietary trading desks. They make a market but they don't take positions. I have been involved in FX risk management for 15 years and I don't think it is possible to beat this market. Too big, too efficient. Occasionally technicians get lucky but I think my Greenspan comment above is accurate.
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Old 08-31-2011, 11:21 PM   #39
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Re: investing $$$ in a friend who is supposed to be good in FOREX
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If the guy that sent you an email really is a deposed Nigerian Prince you should send him money imo
It's exactly like poker. If you ask a bunch of randoms if you should give your friend money to play poker they will all say no. But with if your friend crushes 5/10 NL and for whatever reason needs a backer right now...
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Old 08-31-2011, 11:28 PM   #40
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Re: investing $$$ in a friend who is supposed to be good in FOREX
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It's exactly like poker. If you ask a bunch of randoms if you should give your friend money to play poker they will all say no. But with if your friend crushes 5/10 NL and for whatever reason needs a backer right now...
As somebody who has staked friends in poker and done quite well from it, I would certainly advise a random person who doesn't know anything about poker to NOT stake a friend asking for a stake.
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Old 08-31-2011, 11:30 PM   #41
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Re: investing $$$ in a friend who is supposed to be good in FOREX
No money in forex...everyones solid.

Sorry I had too.
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Old 09-01-2011, 10:13 AM   #42
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Re: investing $$$ in a friend who is supposed to be good in FOREX
imho if you consider aleph-null as normal financial market shark infested waters FOREX is like the aleph-one version of shark infested waters
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Old 09-04-2011, 09:16 PM   #43
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Re: investing $$$ in a friend who is supposed to be good in FOREX
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Don't do this. You'll lose both the money and the friendship.
Nice Shakespeare quote
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Old 09-04-2011, 09:48 PM   #44
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Re: investing $$$ in a friend who is supposed to be good in FOREX
In a vacuum dont do it

If he produces a lifetime trading graph that looks like livb's then we're good to go

Basically it depends how good he is, but like with poker, most people arent good enough that investing in them is a good idea
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Old 09-05-2011, 02:14 AM   #45
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Re: investing $$$ in a friend who is supposed to be good in FOREX
BTW, there is a Forex conference coming up in Vegas from the 22nd to the 24th. Free to attend, an easy way to get a start on Forex education.
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