Hi sio! nice to hear you
Yes this is forex trading in England, so I can buy gold and silver, in the USA not! with the same company, law.... My Margin is 50TUSD, and I can trade most of the currencies 1 to 200.
So I bought sometimes over one Million AUD, and one time 3 Mill. Pound. But this is dangerous. In 5 minutes your margin could be gone. RSI and the contrary news has to be perfect.
But you can operate carefully with strong calculation to stand out every extreme high and low. Never used a stop loss, never. Never lost money, but patience was asked. Sometimes around 3 to 4 years
But in the past, years ago, I did this business with banks in other states in Europe. I took a yen credit and bought Dollars. Paid 0,5 % for the yen and got 5% for the Dollar.
Since some years it is forbidden there for banks.
But I bought my property with these gains.
I was not lucky, I was waiting for extreme lows or highs.
There are ways to do this business without risk. Only the Euro I wont touch. This is a special thing when you know about this fantasy currency.
I sold my last Euro too late at 1.18 this was my big mistake.
Until today I lost a lot of gains but not my money, I am happy at all to be not too greedy.
With my rest of BAA shares I am not very happy, but I will risk to lose 30T gain before I will sell at that sh.... price.
I was told by the company they don’t see any reason not to invest in their company.
So what should I say? In BAA I trust? I will not risk my life when Am holding on, I don’t need new cars , and many other things what people likes so much.
When they steal my gain I wont wine, I made a new experience. But who knows perhaps patience will be paid?
So for you and other longs the best wishes.
Your BAA up, honest, with sometimes anger about the management, but they are working in Africa, I can understand them, it is a real hard job there.
And my reason to like this company is they do a very good social job.
Long BAA without pumping and dumping
good luck
p.s. sorry for answering so late but I wasn’t on the computer by day.