One of the most common memes that people (especially Americans) use when they are thinking about investing or trading currencies is the “forex trading memes”. However, these are not the only financial trading memes out there.
The forex trading memes are all the same. In the U.S. they are often called “I’m going to make a bet that X is going to go up. It doesn’t matter if I win or lose. I’m going to buy a currency that’s going to go up.” The only difference between these types of memes and the others is that they are more of a serious message that you’re going to lose your money.
I think they are important for many reasons. One is that we get to see a lot of the same types of people (and in some cases the same types of behavior) in these memes. The other is that they force us to think about the financial world a little bit differently. When you see a meme like “Im going to make a bet that X is going to go up.” we normally think of it as trading a financial instrument.
The most important thing about memes for me is that they open the eyes to some of the more common mistakes that people make. For example, if you go to a bar and the bartender says, “Oh, I see you’re a man of mystery.” you might think, “Oh yeah, I’m a man of mystery.
Like most memes, the reason Im going to make a bet is that I think X is going to go up. I don’t like this way of thinking. If I go to a bar and the bartender says, Oh, I see youre a man of mystery. I might think, Oh yeah, I’m a man of mystery.
It’s a universal truth. Most people make decisions that they think will make them look better to the world, but end up taking a terrible risk and making a terrible decision. This is why you should never, ever, ever trade Forex for an investment. Trading is a terrible way to make money, because you are gambling away the most important asset that you own: your time.
This is why you should never, ever, ever trade Forex for an investment. Trading is a terrible way to make money, because you are gambling away the most important asset that you own your time.
Forex is like stocks. They are time-intensive, and therefore difficult to trade. You have to be willing to wait for a lot of people to get in your position. Then, it’s up to you to make the trade, and then wait for the buy- and sell-side to get back in your favor. In both directions, you are risking all of your investment.
In the end, buying and selling in Forex is like buying and selling in stocks, except instead of hoping someone will buy your stock, you are hoping someone will sell your stock. It doesn’t really take much thought to understand that buying and selling in stocks, and trading in Forex are one and the same.