what would you do?

[majed]

Currencia:
My salary is the collateral; the bank deducts from my monthly salary the total loan amount- including inters for 48 months; I have already paid 4 months, I have deposit a part of the money in another bank with 2.5% interest, the rest is in my current account of the lending bank.
I am studding different alternatives:
• Returning the money to the bank is one option; its easy and safe, but I will lose the interest amount which is high in my case, about 22% for 4 years.
• Other option is to invest it in other field; for example buying shares from the financial market of Dubai, I don’t have experience on this also, but all statistics shows an increase of 45% yearly, so perhaps buy and hold.
• The option which I am exploring now is forex, I have some (limited) experience, the problem is the high risk factor.
Let's reframe: could any body of experience traders, suggest a strategy with low risk factor that can generate little almost fixed profits?

[majed]

"For the long run you may try swing for few days or even longer term to hold the position with SMALL LEVERAGE"
mishak;
I always admired your posts,
How do you define "SMALL LEVERAGE"?
Is it 100:1, or 50:1, or 20:1, or 10:1, or may be less?
Do you know any broker who offers less than 10:1 leverage and at the same time allows you to open sub accounts, and allows also transfer of fund between accounts?
And pays interest in good bases, incase you practice swing trading;
And of course a broker with a good reputation.
This might be a good option.
I would highly appreciate your respond

[fadsam]

Majed

you'r aware of losing 25% for 4 years and thinking it's better to avoid that by trading financial market where you may loss 100% in 6 months?!!

I don't understand that !

scared money will get no money!

I live U.A.E and I may disscuss this with you personaly

ana 3ndi kebra bel forex wa mo3adal eldakel b7dood 10-30 belmya shahri etha kont mohtam momken traslni shaksi

p.s : the last 2 lines are not in english !

[mishak]

Originally Posted by majed

mishak;
I always admired your posts,
How do you define "SMALL LEVERAGE"?
Is it 100:1, or 50:1, or 20:1, or 10:1, or may be less?
Do you know any broker who offers less than 10:1 leverage and at the same time allows you to open sub accounts, and allows also transfer of fund between accounts?
And pays interest in good bases, incase you practice swing trading;
And of course a broker with a good reputation.
This might be a good option.
I would highly appreciate your respond

I consider leverage up to 1:5 as small, 10-20 medium, up to 50 aggressive, 1:100 and more - gambling

If broker offers max leverage 1:50 you are not under obligation to use it for the full strength - just trade 1:5 etc.

Subaccounts + transfer will be probably restricted with most brokers due to money laundering questions

Every registered broker pays (collects) interest on decent accounts I guess you are qualified

Sorry, I do not recommend brokers

[cicero]

Today, you can open an account with a credit card for n interest 1.9%.

If you are an experienced trader you can make money on banks money.

But…You must have a confidence, very, very strong confidence.