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Another Side of Electrical Student

Posted in Investing by herry winandi on November 1, 2008

this is another side of electrical student.. well, no many of us being attracted with financial market.. no wonder why, as our major is electrical.. here is my story of being a trader, focusly in foreign exchange, commodities, and futures.. i’ve been doing this since our first year in itb.. lately we focus our discuss on forex.. please note we are not discuss any legitimate issue (halal-haram), you better search by yourself..

forex stand for foreign exchange a.k.a valuta asing a.k.a jual beli mata uang.. the same as stocks (saham) unless the object we trade is currency.. say we bought US$ today for Rp 9.000, then next week $ strengthen to Rp 12.000, means we gain profit Rp 3.000 for each $ we bought.. that’s it..

mostly lay people consider financial market as limited as stocks and forex.. besides, the financial markets can be divided into different types, as example:

  • capital market (stock *saham* and bond *surat berharga*)
  • commodity market (gold, oil)
  • foreign exchange market (currency)
  • derrivatives market (options, futures *frequently seen on newspaper ads*)
  • etc.

forex is related to scam ? ya that’s true, you invest your money here, you will lose it, either by your stupid decision buying wrong currency while it’s value is going weaker, or you are being fooled by such investment program which offer you high return if you invest there.. in fact, only 5-10 % of trader could gain money, others are loser.. most of them lose their money in this bussiness, thats why forex is related to scam..

ok, i realize the risk and i want to invest there, then how do we got access to realtime prices and trade them ?

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