It’s so fucking weird, everyone thinks they’re Warren Buffet.
This girl I used to work with quit her job to be an influencer, doing fitness stuff. That’s fine, maybe still a bit cringe I guess, but whatever. I obviously still follow her because most of her stories are her in a bikini.
She’s recently started doing this weird Forex stuff. I’m convinced it’s MLM. Posting about these ridiculous gains that she’s making, literally blatant lies like she’s making 80k a month and some of her followers are making even more. Back when we were mates there’s no way she would have know what Forex even was. No crypto yet but it can’t be long.
Says the rich white privileged bloke who made his dough working in the gambling sector?! Get off your shetland pony.
You do make me laugh quite regularly on how far from reality you seem to be. Granted some time you make fairly impressive steps towards being a ‘woke bloke’ but jeez ma man.
Am happy to be put in my place but I can assure you I work very hard on trying to be a good person despite maybe being outspoken or occasionally out of touch.
Hugo, genuine question. Why is having a little bit of fun at the bookies OK, but having a bit of fun on forex bad? Going to be honest, I don’t do either (apart from a few 50p bets at the dogs about 5 years ago).
Although I did come up trumps a while ago on Bitcoin. A mate told me to put a few quid in and forget about it for 6 months, I’d just had a Christmas bonus so put £200 in and I made a nice lump. Took it out and I’m still using that lump for the odd holiday
I have no idea of the pros & cons of cryptocurrency except that I made a few quid. I think I’d have really struggled to come up trumps if I’d walked into Ladbrokes with £200 in my pocket.
Because you can’t lose more than your initial deposit.
When you put a trade in you can be liable for more than you have in an account. You’d get a margin call but yeah, I know of people who’ve leveraged more than they can chew.
You have to answer a couple of questions and pass a credit check to open a forex trading account because of this.
Easiest way to think of it is that you can put £100 in a trade but your balance won’t stop at £0, you can wake up and your position puts you at -£1000.
