Re: Jim Rogers Buying the Yuan
Thanks DcifrThs, someday I hope to have just a little bit of the knowledge that you have.
I used to trade FX, hence the FX in my screenname. I traded EURUSD, USDCAD, and USDJPY, but never really got anywhere with it. I worked basically with technical analysis and the charts, but never seemed to "get it." That was around the 2005 time frame.
I was told by an employee of Merrill Lynch (I think) that I shouldn't trade Forex because we are at a severe disadvantage.
The only problem I ever really had with it was that it moved incredibly slow. Maybe if I took a more fundamental approach to it, I could do better.
Thoughts/Advice?
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