wanna speculate in FX?

[calbert at tiac.net]

Forbes, June 11, 2001, In the Money, pg. 190

"Foreign currency trading has made a legend of one man - George 
Soros - and fools of countless others. But the world's biggest 
market, with at least 1.5 trillion traded daily, remains a great 
temptation because the significant risks can bring equally 
impressive  returns. You could double a stake or wipe it out in the 
space of a few days.

Our advice to speculators: If you like pure gambles, check out the 
foreign currency market. You will probably end up with losses, just 
as you would in Atlantic City, but these you can deduct.

Exchanges handling currency contracts warn individuals that EVEN 
THE BEST TRADERS SEE LOSSES ON 70% OF THEIR 
TRADES....."

"Margin call for Mr. Teufel.........."


love,
cfa