Is this retarded?

you need a lot of capital to open a forex account, dumb fag

you need like 50$ to open an account

>>2849303
i don't know but i'm 99% sure any idea a /biz/ user could have is worthless

Wait you can use leverage on the stock market?

>>2849303
Ask the Lehman brothers why this doesn't work

>>2849303

>open trade
>market immediately goes against you
>you pull out your stop loss
>margin call
>market then immediately reverses direction and goes where you hoped it would

>>2849303
but i thought forex was only for currency.

you can buy the sp-500 index

>>2849303

How much can the market drop without a margin call?

does this legit work??

>>2849303
forex is strictly for trading currency. even if you found an exchange 100x leverage would fuck your world up as mentioned in posts above

>>2849486
>>you pull out your stop loss
sometimes people need to learn the hard way

>>2849303
Or you could put 10k at 10x and end up with the exact same result, if you're going to tie up your money as guarantee there's really no difference

>>2849303
>account and buy the s&p-500 using 100x leverage? (yes that's possible) I did some calculations and let's say I got 10k. I invest 1k using 100x leverage and keep 9k as security. If the market goes up 10% then I make a 10k profit or 1000% returns on my 1k or 100% return on my 10k. And even if the market drops 9% I would still survive because of the 9k. Is this idea retarded or genius?
this is the most retarded idea i've heard here

>>2849303
Because in order to use leverage, you need to borrow money from someone else. There are fees and interest associated with borrowing. So lenders will set their rates such that they will still win (otherwise, they would just put their money into the s&p500 and get more profits that way)

>>2849850
Most FX brokers will also let you trade CFDs -- which are basically babby's first e-mini S&P 500 swaps.

Also this idea is shit because it assumes no cost of capital.

<forex
>sp500

wtf desu? anyways, this is only possible on bucket sites, which is no different than a casino

You'll blow up within 1 week

>>2852177
ahaha 1 day tops.
OP you would be literally 1 trumptweet away from ruin

>>2849303
Your gonna get ate up in swap fees.