Me, new to forex. Is it possible to earn good amounts by buying/selling eur/usd with bots? If yes how much capital one needs to have to invest in this? Since you can't really lose money over those trades, how efficient would it be?
%10 is more than i wanted.
Since banks give %2.30 interest rate for USD, and 1.80% for EUR (yearly) in where i live; %10/month is fine.
I still don't get how do i lose money tho. If i lose dollars, then i gain euro's; or the opposite. Yes can lose money in $$$ wise, but hey then it means i am gaining in €€€wise?
I guess i am missing something important. Probably the "drawdown" thing. Thanks anyway :)
I was thinking to get in with 10k€ and 10k$. and thinking to buy constantly whichever cheaper. (or selling whichever goes up)
My dream Bot needs to do something like this: lets assume €/$ is 1.09 and i got 10k from both.
If the number goes up by 0.01, sell 1000€; if goes down by 0.01, sell 1000$.
And what happens if it goes down or up by 0.1? nothing. Put more money and watch :D
You obviously don't understand how trading works.
Open a demo account and practice trading. Do not think about trading with real money until you fully understand the risk.
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