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Originally Posted by Chris Hood
There is no profitable trading "for ordinary people." The question is loaded. The ordinary people, plus some extradordinary people who make mistakes, comprise that 90% which is the losing group by percentage of all people who try fx trading.
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Are you saying that only big banks are profitable when it comes to trading? By ordinary people I've meant those who do not possess super huge amounts of money like big banks with no reference to skill. So to make my question clearer can a person make a living from trading forex on a 20-50k account (assuming the person done the homework)? Or it is financially impossible? Thanks.