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currency futures

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SimonPB
Valued Contributor
everybody seems to have missed the comment that the JSE will be allowed to do currency futures!
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7 REPLIES 7
Not applicable
does that mean well be able to trade them on local sites like this one?
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SimonPB
Valued Contributor
yes, via SSF's (as I understand).
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Not applicable
Index futures?
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trigger
Frequent Contributor
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Henni
Contributor
I can already see ppl losing hands and arms, nevermind the fingers, on these currency futures. Good luck to those who will try this
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Not applicable
what i dont get is when i hear financial "experts" talking on the news about which way currencies & markets will go. They make it seem like theyre talking about the short term but are almost always wrong. They appear to base their decisions on a purely fundamental basis & throw everything technical out the window. Is this not just a set formula for wrongness. I mean why dont people learn from their mistakes instead of just basing their future decisions & predictions on exactly the same formula as they did their previous wrong decision.
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akb
Frequent Contributor
instead of ssf,which will cuase a lot of damage to many pockets due to the fact that the currencies values can change overnight and u wont be able to take profit nor stop your losses unless your stop loss is in, it would nice to see this site rather introducing forex trading which runs 24hrs,maybe they want to check out www.fxactive.co.za and have trading done for major accounts and mini accounts.omo.if u do currencies -one will have place very tight stop losses overnight ,giving u the upperhand becuase should the currency run in the opposite direction and u in profit ...boy are u smiling to the bank.
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