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  • Closed Thread
    Page 9 of 9 ... 4 7 8 9
    Results 81 to 85 of 85

    Thread: jpmorgan 2 billion dollar loss .unbelievable news for market

    1. #81
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      I am sure that those 2 billion dollars have gone to some other banks. banks trade among themselves so when one loses the other one gains. the big whale trade caused a loss of $5 billions. it is usual for banks to see loses of this kind. most banks have a huge exposure and take risky positions with little hedging. it the nature of the job that sees them through. investment assets like forex are huge sources of profits for banks. forex trading unlike conventional loans given to the public offers more returns and that is why banks are willing to take positions in the forex market.


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      JP Morgan new term I learned from this forum so I do not know many of the major forex trading terms so I do not quite know the direction of the trade with the lack of knowledge that I have. so I need another way to get to learn from this forum regarding the terms that my knowledge of trading more profitable.


    3. #83
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      I have not quite know how the performance of the JP Morgan say that you have about how it could impact the loss of it. anyway did for my trading is not so much to understand the various characters who always have something to do with the forex market, and I actually wanted to know what it was JP Morgan.


    4. #84
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      Oh that's terrible 2 billion loss is a big money but I think if trader will not follow the forex rules well in his trading and will not maintain good money management in the market then anybody can loose the money in this business


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      This proves that market is not controlled by any specific bank, it is controlled by many facts together. Even banks also face loss for having wrong prediction. Bangladesh Bank got profit of 2 crore taka last year, but it lost 4 crore this year. So, banks also kinda trader like us!


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