While i agree that USA will take time to get back on their feet, it is not them that prevent me from going into forex.. It is rest of the world that i am worried. Remember, forex exchange is a 2 way bet. eg If US goes down, and sing $ remain strong, you win. But if sing $ goes down with it, then you dont win/lose. But if you go down even further than US, then you lose.
I cannot predict the S$ because there are just too many market interventions by our government and market players. Standard rules like projected GDP, growth rate differ between these players and strongly influence the S$ when these players make their trades.
Quote:
Originally Posted by Richie
The US will take a long time before they can get regain their past glory. Remember, past performance do not guarantee future success. Good luck!
|