Whats this forex shit im hearing about? Can anyone explain it in noob terms? Please

This it totally off topic but I’m curious what anarchists think about that forex shit

That's literally it. Starting a business with my friend and we want to know what you guys want before just assuming and making some Forex shit no one wants. Thanks.

Been dabbling with some forex shit from time to time and looking for what you guys use. Any news, tips, tools, charts, and sources would be nice.
I have been playing with usd/jpy but a little to scared right now with the unpredictability due to the election.
Learn me something good my fellow degenerates. And as always, go fuck yourself.
Faglord Gaybutt

I don't need to use the money I earn (College student). Can I just keep buying BTC with all of that?

I'm trading for 11 months with pretty good success.
I never traded metals and forex before, just stocks. Today when gold started to consolidate at the last hour, I decided to scalp short it with a large amount, so I opened 100 lots. I haven't realised, in forex 100 (lots) doesn't mean "100 pcs", because I used to stocks and I went full retard without knowledge.
Seconds later, I realised it means 10 million dollars (1 lot = 100.000, and I had 500x leverage).
It moved up a bit and immediately I was down £4000. I scared as fuck and rather than closing the position quickly I hoped maybe I could close break even.
The market closed, and I waited for the Asian session. The gold popped like never before, and I lost all my life savings (£55000) in less than two hours. (including the 1-hour break between sessions).
If I count that I lost all my earnings as well, I lost around £85000.
Here is the margin call
https://imgur.com/a/XY5m4ZA
https://imgur.com/a/VSgmCSs
https://imgur.com/pRWl5g9
IC Markets closed my position partially in every 1-2 minutes until I shut it myself at £35.
You know the rest of the story. I'm depressed, crying and shouting with myself.
Yes, I know I was stupid, thanks. I just wanted to share this with you.
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Edit: WOW THANK YOU, GUYS! I haven't expected this, but you help me.
Many of you asked the same questions, I answer it here:
- I live in Europe, and we usually trade CFD's, not futures.
- Currency in GBP.
- As you can see, this account made on IC Markets. They not just allowing you a 500x leverage, it's the default.
- You can ask me why I went against the market. Because gold is way oversold? Because I expected institutions would sell their shares before gold is hitting £2000, leaving retails hanging there. Also, as I said, I wanted to scalp, not riding the gold all the way down. If I had a loss of £100, I would close the position immediately. But when I saw the £4000, my heart is stopped, and my brain just freezes.
- I went for a revenge trade with my last £2k, and I don't have to say what happened. I uninstalled the app, and I give up trading for a while.
- Again, in the past months, I was cautious, I lost a significant sum in March, but I managed to recover. Made consistent gains, always with SL. This is just an example of how easy is to fuck up everything you did.
- I didn't come here for some shiny digital medals. I can't tell about my losses to anyone who I know in real life. I would make a fool of myself.
- Anyone who attacking me that it is a scam. Well, think what you want. I feel terrible and the last thing is to answer all the messages saying "You fucking karma whore". I don't give a shit about karma.
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Selamat pagi! Salam mahasiswa!
Terinspirasi dari komen-komen di thread gua sebelumnya, gua ingin compile beberapa must-have tools, stuff, and websites untuk kalian yang baru saja jadi mahasiswa atau sedang menjalani studi.
Gue akan memisahkan ke beberapa kategori, yaitu Wajib Punya, Wajib Punya Untuk Anak [Jurusan], Boleh Punya, Cukup Tau, dan Jangan Pernah Sentuh. Dalam kategori tersebut akan diisi dengan kombinasi apps, website, dan alat-alat fisik. Untuk yang bersifat bajakan, sorry to say gua gak akan link di sini, kecuali Sci Hub atau Gen Lib.
Bagi redditor yang bukan anak psikologi, tolong bantuin gua ya dengan comment berisi suggestion kalian.

WAJIB PUNYA

1. WhatsApp, LINE, dan sometimes Telegram. : Ya menurut lo aja deh, hari gini masih SMS?
2. Flash drive : Get an 8GB stick, walaupun sekarang udah serba digital, kadang dosen masih minta print-out tugas. Plus, tukang fotokopi pasti sibuk dan gak ada waktu buka e-mail (walaupun ada), akan lebih praktis kalau data yang mau lo print atau submit pindahin dulu ke sini. Side note : Untuk anak DKV, Arsitektur, Desain Produk, Musik, dan Film, sepertinya kalian wajib beli external hard-drive minimal 500GB. Kalau bisa SSD ya, biar file terus protected (tapi agak mahal).
3. Google Drive dan isinya (Sheets, Docs, Draw, Slides) : Lo akan mobile for most of your campus life, GDrive gunanya bukan hanya sebagai backup tapi sebagai base of operations dari perkuliahan lo. Separate folders into semesters, lalu di dalamnya bikin folder per matkul, dan di dalamnya pun ada folder buku, tugas, class notes, and etc.
4. Google Calendar : Start planning through this app. Its highly underrated and I suggest you take time and learn how GCal works. Most people only use this after they started working, getting a head start is always better.
5. Mendeley atau reference manager lain : Lu akan menghabiskan waktu 4 tahun baca artikel ilmiah, kadang mereka suka aneh formatting filenya kalo di-download dan mereka udah pasti gak appealing untuk di-save di laptop. Mendeley cuts off all of the problems and puts all of your references in one place. (Available on desktop and mobile)
6. Google Scholar : Berhubungan dengan sebelumnya, Google Scholar akan menjadi wikipedia elu di perguruan tinggi. You will access this site almost every day in uni.
7. Genesis Library : Adalah perpustakaan terlengkap di jagad internet. Gak usah beli textbook kalau lu gak mampu, download aja di sini.
   1. Side points : Perpusnas punya akses e-book gratis pula, mostly koleksi mereka ada di situ. Appnya bisa dicari di Google Play Store (iOS setau gua belom ada).
8. Sci-hub : This is the scalpel of academia, the tool of a true mahasiswa. Sometimes lo akan ketemu artikel yang BAGUS, tapi sayang lo harus bayar ke publishernya. Nah, this bypasses that and you can have the PDF for FREEEEEEEEEEEEEEEEEEEEEEEEEE. Add extensionnya https://github.com/allanino/sci-hub-fy
9. E-book manager like Calibre (for PC and iOS) and Aldiko (for Android) : Pretty self-explanatory karena most of the time mahasiswa tingkat awal itu gak tau cara manage folder di laptop.
10. m-Banking app from your bank : Sekarang apa-apa sudah serba digital, belom lagi kalau lo butuh bayar-bayar atau patungan sama temen. Dengan adanya mbanking app, lo udah gak butuh ke ATM. Bahkan, sekarang mbanking bisa bayar ke OVO, Gopay, or Shoppee Pay lewat QRIS.
11. Go-Jek or Grab (and OVO) : Kemana-mana dan bayar apa-apa lebih gampang.
12. Kartu emoney, Flazz, Brizzi, dan sejenis : Silahkan beli salah satu dari kartu ini untuk kalian yang harus menggunakan moda transportasi seperti KRL atau Transjakarta. Plus, very handy untuk beli air putih di Indo/Alfamart. Kalau bisa yang satu jenis dengan bank kalian, agar top-up dapat dilakukan secara mudah di ATM atau app mbanking (bagi yang memiliki NFC hpnya)
13. Cheap OEM earphones : You will have some solace from annoying pieces of shit when you're reading or doing assignments. Browse through any ecommerce site and search for "headset samsung/iphone grosir" and buy 10.
14. Masker : Well, duh.
15. Zoom/Skype/Hangouts/Microsoft Teams : Please check on your faculty's specification, sekarang lagi pandemi and I don't think you guys are going back to school any soon.
16. Powerbank : Trust me, you will forget to charge your phone. One powerbank on the ready will be a life saver, especially during late nights.
17. OpenOffice or LibreOffice : I do not condone the piracy of a certain word processing software. Get open-source and just relax. Alternatively, you can go all-out with Google's existing apps inside Drive.
18. JASP : I also do not condone the piracy of a certain statistics software.
19. Canva : Untuk anak-anak non-design yang gak bisa design, ditambah gak punya duit untuk hire designer (ya menurut lo), please take time to learn Canva. I would recommend GIMP a few years ago, but Canva has been gold standard of designing for non-designers.
20. Sumatra Reader : Lighter and more superior version of Adobe Reader.
21. 7zip : Lighter and superior version of WinRAR.
22. CamScanner : For scanning documents. Available on iOS and Android
23. Condoms : Just, bring it.
24. Kartu Perpusnas
25. MSDN : Kadang Microsoft kerjasama dengan kampus, check on your faculty.
26. Tar tambah lagiiiii.......

WAJIB PUNYA UNTUK ANAK.....

Teknik

1. Kalkulator scientific : Bisa cari di toko buku atau e-commerce. Get Texas Instrument or Casio.
2. KOPI SACHET
3. Meteran
4. nanti kali ya

Arsitektur

1. Kopi sachet yang banyak
2. Kotak P3K
3. Penggaris segitiga atau meteran

MIPA

1. Graphic Calculator

Psikologi

1. APA Publication Manual : Sebagai S.Psi gua akan menekankan PENTINGNYA MEMILIKI PDF INI DI SEMUA DEVICE ELU. Pelajarin dan cross-check semua style tulis dengan editorial style APA. Dosen PASTI BAKAL PERIKSA GAYA TULISAN ELU DENGAN APA.
2. KBBI : Dosen Psikologi paling terkenal dengan penulisan dan artikulasi kata, tolong pelajari bentuk baku kata-kata bahasa kita.
3. 3D Brain : Untuk bantu Psiko Abnormal dan Faal.

Hukum

1. Buku KUHP dan KUHPER, e-book or printed.
2. Black Law
3. UU yang berkaitan dengan kelas, e-book or printed.
4. Printer dengan tinta isi ulang alias nyuntik

CompSci, Teknik Informatika, or Sistem Informatika

1. Git Student Pack

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BOLEH PUNYA

1. Spotify Premium : Check if your school is eligible for student discount! I do not condone using modified APK for Spotify Premium.
2. Audacity : Boleh lah punya kalau mau coba-coba bikin podcast.
3. Da Vinci Resolve : Kalian akan sewaktu-waktu dapet tugas buat edit video, either untuk kelas atau organisasi. Ini software open source yang lumayan powerful untuk editing.
4. SSDs for laptops : This is me speaking from experience, you'll need this if your risk of being in an accident is high. Upgrading to an SSD is 0-1, not only you get great booting and transfer speeds, but your data is almost always protected if amit-amit ketabrak atau laptop kenapa-napa.
5. Powerstrip : Ini bisa wajib, bisa enggak. Kadang berguna kalau kalian nugas di cafe, tapi kalian gak mati juga kalau gak punya.
6. Write Monkey : Ini dapat meng-enhance pengalaman kalian menulis, gue menggunakan program ini saat skripsi. Fungsinya cuma satu : Biar nulis lebih enak. Cocok bagi yang jurusannya rajin ngetik. Again, lo gak akan mati kalo gak punya ini.
7. Eventbrite : Cocok buat yang pengen cari group activities atau seminar gratisan.
8. TIX.ID : For the time being, jangan ke bioskop dulu. Tapi TIX suka banyak promo buy1get1. Lumayan buat irit duit.
9. Trello or Asana : Nah, sebenarnya ini wajib untuk orang kantoran (depends industrinya), tapi menurut gua kalau kalian coba aja pelajarin agile project management, mungkin performance group akan lebih naik. Ditambah ini lagi pandemi, nugas akan lebih gampang menurut gua dengan ini. Kakak-kakak yang udah kerja di kantor agile pasti bisa jelasin.
10. Jobstreet, Kalibrr, JobsDB, Glints : For work opportunities.
11. Halodoc : Truth be told, this app have saved my life multiple times. I would suggest a healthy diet, but having this on your phone will not hurt one bit.
12. Pisau lipat Victorinox : Handy untuk yang berencana jadi anak alam atau bocah camping. But basically handy untuk segala situasi, sih.
13. Aplikasi sekuritas : Bisa mulai belajar, setau gua macem MNC Sekuritas bisa mulai trading dengan Rp100.000.
14. Discord : Lumayan handy untuk jadi basis chat angkatan. Tapi, mereka lebih cater ke gaming crowd, walaupun fiturnya sebagus Slack Enterprise, tapi entah kenapa susah banget penetrate mainstream user.
15. To be added later...........

CUKUP TAU

1. Netflix : Bisa patungan sama temen-temen. I don't suggest buy shady accounts.
2. Premier League app : Seru loh bikin liga fantasy sama temen-temen.
3. GrabKios : Lumayan bisa jual pulsa di kampus.
4. Saran minum oleh theblackmandarin
5. To be added later...........

JANGAN PERNAH SENTUH

1. Kredivo dan any P2P lending app : Tolong banget jangan kejebur sama trap ini. Kalian masih mahasiswa, belom punya penghasilan tetap.
2. PayTren or any other MLM apps : Idem
3. Judi bola : Idem.
4. Rokok : Idem
5. Forex/Crypto : Idem
6. Dota 2 : Udah gak usah sentuh.
7. Mobile Legend : Buang-buang waktu push rank, IP lo gak naek juga.
8. Amfetamin : Gak baek ngedrug muda-muda.
9. Red Bull : Gak baek, bisa gak tidur.
10. Kopi ABC/78C/botolan : Ini sama kayak Red Bull, udah pasti gak tidur.
11. ​
12. To be added later...........

Segitu dulu guys, tolong ya kakak-kakak yang sudah lulus mohon ditambah. Terima kasih!
EDIT 1 : Nambahin banyak BUANGET. Thanks mie-sedaap elonelon theblackmandarin debukosmik JanganLupaSkripsian didunianyata ysupr selemenesmilesuponme ichhassesommer ANJINGHARAM AnjingTerang lukuntul imamsupriadiBPK pm-me-your-nenen

So, since I'm here I suppose I should give some backstory. This will probably get lengthy so ill put a tl;dr at the bottom.
I (M/23) started dating my (ex)girlfriend (We'll call her C; F/23) since sophomore year in high school. We were the textbook "high school sweethearts". Fast forward thru 6 years of good, bad and everything in between; having 2 two kids and dealing with a miscarriage, etc... we essentially were a married couple without the title, and we pretty much operated as such. (ironically enough i was planning on proposing to her the week after d-day..)
Now the last year or so me and C had been hanging out with one of my close friends (we'll call him J) and his girlfriend (S); who also have two kids together. Me and J had known each other for years, but hadn't talked much recently so it was cool to catch up; and S and my girlfriend C became friends quickly, as well as our children. At this point we are like family to each other, we went on vacations together, playdates, babysat for each other etc.
Now, the past few months before d-day, C started to show telltale signs of cheating (now that I look back).. but due to the fact that she has severe bipolar disorder which she is prescribed medication for (but she did not take it regularly), it was hard for me to fully gauge what was going on; because manic depressive episodes can exhibit wild symptoms that eerily align with cheating behavior (i know, i pick em great right). So I was concerned; but moreso for her mental well being, than for what I was about to discover in the near future.
Here's where things get hairy.
(D-Day) So I get ready leave the house to do uber eats. I do this part time to pay the bills, I've been learning to trade forex for the last few months so I needed something that could free up time. Anyway, before I leave C asks me for a kiss, I kiss her and the kids and then I head out... No less than 20 minutes after I left, I check my phone and see a string of messages from C, and then I get a call from her. When I answer the phone she's already crying. She tells me that about two months ago her and J fucked. She tells me that J told her I would run off and fuck other girls and meet up with them on some dating app on my phone. None of which is true, for the record. He essentially fed her a bunch of bullshit, and she blindly accepted it as truth. She claims she fucked him to get "revenge" at me for everything I ever "did" (even though as far as infidelity goes, I did nothing). C destroyed our relationship, family, and her friendship with S, all off of hearsay. J helped mastermind it all, and also destroyed our friendship, along with his relationship with S. Worst part is, I was hitting J up the 2 weeks before D-Day to chill, and he wouldn't even respond. Making me look like an even bigger clown. I reacted in pure rage, said some things I probably shouldn't have in the heat of the moment, and then told her to get her shit out of my house.
She of course at this point is hysterical and is screaming through tears for me to not leave her, that she wants to save our family, that it only happened once and there was no feelings involved beyond her trying to get back at me. At this point though I just don't know if I can believe it. both C and J disrespected me to the ABSOLUTE highest level, not only me but also S. They orchestrated a whole plan to make it happen and then hid it for 2 months. She did also come to me and admit it on her own. Not that that excuses it AT ALL, but my thinking is, in reality I could've found out in worse ways than her direct admission.
I'm so torn here reddit. I love this girl to death, and want nothing more than to save our family. I grew up in a split home and i saw and heard things I shouldn't have, and i remember the depression i went through during that time.. i dont want that for my kids..
BUT I also know that I've NEVER been betrayed like this before in my life, not only by an SO but a friend as well. I'm completely heartbroken, and I've had hurt in the past but I've never felt true heartbreak like I do right now. Im doing my best to avoid contacting her, but we have two kids so it makes it really hard at times.. ive been learning to focus on me, but I have to literally keep my mind preoccupied 110% of the time, or I start to go into the same thought loops about this whole situation :(.
Do I give the love of my life a second chance after something like this? For the sake of my family? I know I have zero trust for her, and i understand that if we EVER were to rekindle something in the future, it will be a long time, if ever before the pain goes away. it will not be the same as before, we will be starting from scratch. I just would like advice on if there's anything worth saving or not.
If so, what signs should I be looking for thats shes actually invested in making things right?
If not, how do i start this healing process and begin to move on from an 8 year investment and a now dysfunctional family? Because I'm so fucking lost right now guys.
Thanks for reading all the way to the end, I dropped tears writing this and any advice is appreciated.
**UPDATE 9/20
C is out out the house now. Ironically she's already moved into a new apartment. I'm not dumb and I know 9 times out of 10 you don't just find an new apartment in a single day.. maybe my paranoia but probably not honestly. Ive been avoiding contact with her beyond child related things.
I tried to contact S, but Ironically her phone was broken in the fight her and J had... she tried to message me on Facebook the night I found out to help her move her daughter dressed into a storage unit, but I was physically weak and couldn't even think of what to say in response at that time. Not that she did anything wrong at all. At this point S has removed herself from Facebook so I'm trying to figure out another way to get ahold of her to try to get extra insight. Will post another update if/when I get more details.
C tried to "shit test" me today, and since we're now apart i could see it blind as day. She FaceTimed me, I normally would've ignored but i can see my daughter on the preview so i answer. C claims the kids wanted to talk to me, but they seemed relatively uninterested when I tried. Which no big deal, but its what came next that was so weird. What im talking about is her making a comment on a new vape i just got. How it was "so cool" and she wanted to see me take a drag off it again. This is significant only because I KNOW from being with her for 8 years that it turns her on to see me do smoke tricks. That's just always been her. On top of that, she kept taking the camera off the kids, and trying to talk to me about things that happened in her day indirectly. I kept it brief and told her i was busy before she could drag it on.. WHY IS SHE DOING THIS? This is fucking with my head even more now..
ALSO today I was working on music and I went into my downloads folder and noticed something called "J's App". Its date modified is 8/11. This lines up with the timeline C gave me which made me sick to my stomach. I open it, fully prepared to find some type of cynical cheating app they were using to sneak around on me with...
Turns out its an application for some ged boot camp for high-school drop outs. This girl had the NERVE to let this fucking bum use my laptop to apply for this shit?! I now certainly question the length of their relationship and the details behind it. For now, im going to continue with space and avoiding contact but I will be sitting down with C next week to lay everything on the table. Full truths, full openness, adult discussion no kid games. At that point ill either have closure to know the truth (or as much as I can get of it), or know if there's any chance of redemption, which at this point has went from 25% to 5%.
Thank you all sooo much for your advice and support during this; Alot of hard pills to swallow right now but its what I need. You guys are foreal a family to me and I will be here to support anyone here, new or old thats ever had to feel the way i feel right now.
Tl;dr my girlfriend of 8 years and mother of my 2 kids had an ONS with my friend, who is(was) dating her best friend. Now she wants to work things out

What’s wrong with you niggas? 😭 new Jehovah Witnesses

My friend is dating a guy who is a financial drain on her. He is an “entrepreneur” who can’t choose a practical career for shit.
He has been in 2 MLMs and has been a failed youtuber in the 3 years I’ve known him. Right now he’s in Forex doing terribly. He is in perspective definition, a NEET.
To his credit, he has always had a part time job. But, because he tanks all his money in these “side hustles,” he rarely makes enough to pay rent. In the past year, I think my best friend had to pay his half of the rent at least 3 times, and they live in a fairly pricey city.
The reason I brought this up is because my best friend called me crying and telling me that she thinks that she has to downgrade her apartment because she can’t continue paying his portion of the rent.
I told her she never should have moved in with him, and she needs a boyfriend who is at her financial level. I don’t think a woman who would have a secure and middle class life should be worrying about a man baby, especially since she wants children soon.
She got really offended, but I think she needed to hear it. She told me “never to bring it up again”, but I truly think she’s blind to his faults. AITA?

Hey, I’m a 17 yr old bagger going to college in a month. Besides the point i have been working at Kroger for around 5 months, during those 5 months I’ve been known as the one “who doesn’t care about his job”, “The Lazy Worker”, “Always on his Phone”. “Zoned out”, “Earphones always in” And it’s really annoying. I’m one of the more efficient baggers, one of the fastest at putting carts in, I actually clean the carts, etc. I’m one the best at my job.
But because when I’m doing a task and look at my phone, or sit down, or take out a earphone, the front desk always are there when I’m doing those things, and it’s only for a minute when I do those things. They never see how much work I put in this st, They even fired me one time then begged me to come back after they noticed how chaotic it was w/o me. All of my Co-Workers except for like 3 are all lazy as st, they skip task, hide in the break room, making me do the work.
I get dirty looks from the front desk workers, I’m treated like a kid 24/7 by almost everyone expect for the Elder Cashiers.(All of them are really nice to me)
Like just yesterday, we usually at max in the inside of Kroger with carts there is 3.5 rows. When I arrived at work it was 1.5, five hours later it was still 1.5 and front desk expected me to clear the lot in a hour.
I’m quitting so soon. I can’t take it.
TL;DR: I get treated like shit here
Edit: Jesus Christ I’m even getting downvoted for saying I’m doing Forex. I love Reddit

My current state of life I am in right, I am unhappy with. Most of my friends are doing way better than me and I should be taking responsibility for myself. I am trying my god damn hardest. My life has been very hard for me dealing with a family that I can’t even say how fucked up they are. I even took on Forex and even I’m having doubts about that. I’ve been thinking ever since I was a boy. I need to start a clean slate. Get another chance at living a life I hope for. I’m 22 and I should take charge. I plan everyday on where I should go if the time comes. Somewhere else where my mistakes aren’t there when I wake up, where I don’t feel subconscious in my own home, privacy, and somewhere I can feel safe in. I should be telling my best friend this. But I feel she wouldn’t understand, she would probably tell me not too or maybe even something else. I’ve got a few places in mind. But I feel it’s only a matter of time before it eventually comes. I will pack my things, buy a ticket, and leave. Go like the wind and give myself that second chance.

There are so many new investors it’s almost staggering! I know this is known, but the scale of it finally caught up to me.
My 22 year old nephew is Forex trading, and he didn’t even finish high school. The SoFi sponsored Cowboys game ran an ad claiming to give away free stock if your team wins....like fucking pizza!! The fully mainstreamed free trades and fractional shares. What in the world is this shit? CashApp has investing. Everybody I know is talking about this thing...as if it’s a brand new toy they just discovered! It reminds me of all those companies trying to buy up our gold before the 08 crash. As if they’re trying to get all the cash before we go to a new and fully digital currency (like the corporate fascist shit that’s been happening in India the past few years).
On a more pertinent note, how has this changed your outlook on trading, investing and price targets? I mean if we are all now playing to the least common denominator of the hyped up FOMO and short sighted illogic of the masses, doesn’t this substantially change the game?
And the ripple effects will be huge! For example: an already defunct, decontextualized, profit based media system will be pumping out market related garbage for clicks, and this could drastically increase prices (or at least volatility)...as if it already hasn’t.
Schwab has a new warning ⚠️ note posted to their site about volatility being the “new normal”. Sure it may just be the recession-like/Covid situation we’re in...OR this could really be the new normal when the markets are completely mainstream.
...and we haven’t even mentioned the Fed...and I’m not going to.
I really just feel like the game may be permanently changed. And if you pit Joe Blow against JP Morgan, that spells disaster for even more people.
Thoughts?

Don’t fall for it, don’t waste your time or money because you will get scammed.... now have a nice day💯