Quote:
Originally posted by fatty
Can't trade today 
|
Why can't you? No one stopping you.
Quote:
Originally posted by Edi_Shak
brazil reals right?
|
Yes!
Saturday: Edi_Shak: 10,000.00 USD = 17,215.00 BRL
Sunday (Today): 10,000.00 USD = 17,215.00 BRL
NO CHANGE so if you trade today, no profits and no loss either. =/
Example of good and bad trades. Your goal in task 2 is to make profits by exchanging the currency you have. Everybody has different currency that they manage. Yours is BRAZILIAN REALS.
GOOD TRADE (if the number goes below the starting)
Saturday: 10,000 = 71,838.00 ZAR
Sunday 10,000 = 71,825.00 ZAR
This is GOOD to trade because LESS South African Rands are needed to receive the SAME amount of US Dollars. Got it!?
BAD TRADE (if the number goes above the original) ... just to make life simple
The only mistake you made was trading the Yen when the US Dollars against Yen is going stronger (Yen is weaker, it takes more yen to make up the same $10,000). So you made a BAD deal.
Saturday: 10,000.00 USD = 837,200.01 JPY
Sunday morning: 10,000.00 USD = 841,699.98 JPY