experienced one loony session with Forex Club... Wait till you hear this!
I was screwing around at Forex Club and the operation derailed. I was told that the aircraft equipment market are probably going to to go down and affect the Lira rates. This tip promised me that a great sell at that time is fool proof! To begin with i was suspicious of some form of trickery, but as soon as i recognised the unavoidable gravity of the chance that i have been afforded, i went: true, the spread may be thin, but darn right i'm in! Being as i had 100 mini lots, i judged it to be the right timing to buy approximately four ponies. I was waiting for a long wait, untill i started to notice some very half-pie variation. This bastard of a base currency was going up like hot air in January! The account unloaded at 38 percent of loss! I was starting to get kinda worried. What an incredible story this was, that the domestic products prices are probably going to to get stronger and cause the Lira rates to move upwards. I just upped 100 lots no matter which way i looked at it. But not a pixel later, a little after limiting order the account unloaded at 242 pips per unit of loss. Heck, now that was what i call surprise! Jees! I had gone down all the way from three hundred dollars to 211 mini lots. At least i was still wearing my shirt!
i am from time to time asked on what the meaning of lesser-developed country - lDC is.
The meaning of lesser-developed country - lDC is a country that is considered lacking in terms of its economy, infrastructure and industrial base. The population of a lesser-developed country often has a relatively low standard of living, due to low incomes and abundant poverty.
Also referred to as "emerging markets".
A lesser-developed country is usually poor, as measured by per capita gross domestic product, and unmodernized. LDCs rely primarily on agriculture as a source of income and industrial practices usually contribute to less than 10% of the nation's GDP.
Many African and Arab nations are considered to be lesser-developed countries.
the changes in the oil prices will be a disadvantage for on the U.S Dollar prices. It is not easy to estimate what weightiness of such an event could have!
howardrodolfo,
5 follow ups