This is a great little book that I recently bought and got hooked on. Boone describes the market and how it works in his book, and that is exactly what I think about when I think about trading. I have learned so much from reading his book that I can’t even begin to express how much I am learning.
My goal in trading is to get the best trade for my investors. When I invest in a project, I want to get the best return, so when I invest in boone trading, I want to get the best return possible. And thats exactly what I am doing. It doesn’t matter if I am getting the highest return; I’m only investing in one project.
I have been trading for 3 years now. I have been trading on a couple of the largest forex brokers to get an idea of what its like. I have learned that if I am trading for long enough I can learn so much more about the subject than if I were trading just for fun.
What does this mean to you? I can personally attest to this. It means I am able and willing to trade at a higher level because I am trading for a higher return.
It’s a common misconception that forex is a game. That is not the case at all. Forex is a market where people buy and sell currencies, like the US dollar, euro, etc. in the hopes of earning higher returns and making a profit. The market is not for making a profit, it’s for making a profit.
This is the thing that scares some people the most about trading: the unknown. We don’t know what value we are buying or selling a currency, we don’t know what currency it is that we are trading with. If we end up being wrong with our price, or if we lose our money, we are left to wonder what happened.
I don’t like to think of myself as being pessimistic, but trading is always a game of dice. Just because I have no idea what I am buying or selling a currency, doesnt mean I am being a fool. There are times where it’s best to err on the side of caution, and this is one of those times. In the new trailer for Deathloop, you can see a price on a specific currency.
If you look closely, you can see that the price is the same for all the transactions. But if you look more closely, you can see the price has shifted by a few cents. In other words, there is some kind of trade going on.
This is the first time that I have seen a currency (the dollar) trade for something of value. And while there is no explanation for this, I think it’s safe to assume that this is a way for the traders to make a quick profit. The currency is in the form of a dice, which is a small (but pretty important) number.
The dollar is a unit of trade, but it isn’t a unit of value. It is not like a bitcoin-style currency where there is a fixed maximum amount of what can be withdrawn at a specific time. It is just a currency. And like any currency, it is subject to inflation. If there is demand for more of a currency, then the price for it will go up. If there is enough demand for a currency, then it will go down.