Go Back   Keystone RV Forums > Keystone Community Forums > Odds 'n Ends
Click Here to Login

Reply
 
Thread Tools Display Modes
 
Old 09-14-2010, 02:44 PM   #1
geo
Senior Member
 
geo's Avatar
 
Join Date: Aug 2010
Location: North Texas
Posts: 993
Exclamation Beware of Forex Scams!

As a service to our Forum members, and approved by a moderator:

The Foreign Exchange Market also goes by Forex, FX, or Currency Market. As reported by Michael Dunn of the U.S. Commodity Futures Trading Commission, currency trading (aka, forex market) "has become the fraud de jour" as of early 2008. What the Foreign Exchange Market does is trade currencies of the World. The Forex Market is a "zero-sum game" – meaning that whatever one trader gains, another looses, and brokerage commissions and transaction costs are subtracted from the results of all traders. So technically, the Forex Market is a "negative-sum" game.

There are several good "layman-oriented" sites that discuss Forex Scams and the legitimate Forex Market. Below are some Websites:

http://en.wikipedia.org/wiki/Forex_scam

http://en.wikipedia.org/wiki/Forex

http://www.cftc.gov/ConsumerProtecti...ding/index.htm

http://www.cftc.gov/opa/enf98/opaforexa15.htm (This is the "Commission Advisory – Beware of Foreign Currency Trading Frauds")

(NOTE: This post was written in response to a number of spam posts by "forex". As they appear on the Forum, they have been deleted. Festus2, Moderator)
__________________
2011 Alpine 3640RL (Beauty)
(Gone! Now replaced by Beauty3)
2016 Ford F-450 (The Beast)
Diesel 4x4, DRW, LB, CC
Comfort Ride Hitch
geo is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Powered by vBadvanced CMPS v3.2.3

All times are GMT -8. The time now is 11:00 AM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2018, vBulletin Solutions, Inc.
This forum is owned and operated by Social Knowledge, LLC. It is not authorized or endorsed by the Keystone RV Company and is not affiliated with the Keystone RV Company or its related companies in any way. Keystone RV® is a registered trademark of the Keystone RV Company.