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LoginGambling, like forex trading, never pays....
820 posts
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Forex trades were approved: Labroy
Dow Jones
Labroy Marine said yesterday that all its foreign exchange transactions were authorised, as the ship and rig builder reported it swung to a third-quarter deficit after incurring a $166.5-million loss from currency trades.
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"It's all authorised transactions," Labroy's financial controller Phoon Kim Sin said. The shipbuilder reported a net loss of $137.1 million for the quarter ended Sept 30, swinging from a net profit of $18.5 million in the corresponding period in the previous year.
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In one study... there was one winner in the history of the "forex" trading company.
The company closed down and researchers studied it and of all the thousands of customers... there was a winner...
Nobody knows what happened to him because, he stopped "trading" and his account balance was positive when he stopped.
That is the best I can offer you...
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Nobody knows if he continued, he would have ended up a loser like the rest of the thousands of the forex trading company…. or made more… but considering that all those thousands that did not stop lost all the money in their accounts (plus margin calls) tells you that if he did not stop… he would have suffered a similar fate.
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Originally posted by AndrewPKYap:In one study... there was one winner in the history of the "forex" trading company.
The company closed down and researchers studied it and of all the thousands of customers... there was a winner...
Nobody knows what happened to him because, he stopped "trading" and his account balance was positive when he stopped.
That is the best I can offer you...that's only because you concentrated only on the negatives. You think having a smooth sailing life is must and when people make mistake, you condemn them. No wonder at your age you are still in sgf. And the funniest part is, some people here still think you possesses great insights. Well, those are the typical sgf kia who stays at home everyday.
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Originally posted by LOL @ SGF KIA:that's only because you concentrated only on the negatives. You think having a smooth sailing life is must and when people make mistake, you condemn them. No wonder at your age you are still in sgf. And the funniest part is, some people here still think you possesses great insights. Well, those are the typical sgf kia who stays at home everyday.
clone...
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Originally posted by LOL @ SGF KIA:not only you got it wrong, can you at least show some creative and not stereotype. Uncle, you are not young anymore leh and that sentence should be made by young kids who regard sgf as their life.
your "tactic" is so familiar... you cannot win the debate and cannot win the argument, you attack the man...... and in your gross stupidity you want to deny that you are a clone?
Edited by AndrewPKYap 18 Nov `07, 12:30AM
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or are you asking for this link?Labroy Reports Loss on Derivatives
By PATRICIA KOWSMANN and P.R. VENKAT
November 16, 2007
SINGAPORE -- Labroy Marine Ltd. said it swung into the red in the third quarter after incurring a loss of 166.5 million Singapore dollars (US$115 million) from foreign-exchange transactions.
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Originally posted by shinta:
book!
sian larthe research (below)
Originally posted by AndrewPKYap:
In one study... there was one winner in the history of the "forex" trading company.
The company closed down and researchers studied it and of all the thousands of customers... there was a winner...
Nobody knows what happened to him because, he stopped "trading" and his account balance was positive when he stopped.
That is the best I can offer you...is taken from this book...
[/quote]I think the book is this one...The Futures Game: Who Wins, Who Loses, & Why: Who Wins, Who Loses, and Why (Hardcover)
by Richard J. Teweles (Author), Frank, J. Jones (Author) "This is a book about trading futures ..." (more)
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correct me if i'm wrong please.
what i understand from FOREX is that it's all about options and short and long positions. as such, everytime somebody buys a short option, somebody must be offering a short position option.
what this basically means is that if one person wins, another MUST lose.
therefore, if there are loses, it means that there is a winner.
am i right?
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Originally posted by beavan:correct me if i'm wrong please.
what i understand from FOREX is that it's all about options and short and long positions. as such, everytime somebody buys a short option, somebody must be offering a short position option.
what this basically means is that if one person wins, another MUST lose.
therefore, if there are loses, it means that there is a winner.
am i right?For definition on forex, google. You are right in saying that for every loser there is a winner.
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. Nah think he was a commodities broker...am i right andrew?
tiny 