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Re: Are currency markets random?
Despite the hear say on the release of a report, you can still lose out over an inaccurate swing in price. But, if what you say is true and isn't considered random. Then, why isn't everyone profiting from it?!
People have went to school for years to learn the perception and inaccurates and estimated guessing techniques of investing and STILL lose money. What makes you think you, the average consumer investor, who only knows a small portion can win. Especially based off a simple report?! That report could plundge even if they had a good month prior to it's release. You can't control what you can't see.
Accurate estimate in finding a price says the market isn't random, NOT a fundamental report, or an educated systematic 'guess'.....
Until the other 90% of traders who lose actual do start to win, then i guess you, yourself are also contributing to the 'stop hurting my feelings, it can be done' arguement. And even if you yourself actually do profit, i HIGHLY can invest a theroy that.
STRONG Money Management is how you rep your profits consistantly,
that's smart gambling if you didn't know. I don't need Forex to tell me that,
common sense does. Or else, EVERYONE even the smart investors wouldn't lose.
1+1= 2, not 1+1 may equal 3 if i do this.
You can't skip from A to C, the B is the market moves, the human mind isn't. The C is all they are telling you, but YOU NEED the B. Which is why everyone loses. The system users are in the 10% because they win cheating the B before it ever even happens. Well, atleast not as fast. Even with a system, not even your system can still continue to keep smooth track of a random price change. Good luck is what i've seen most good traders beneif. But, don't take my word for it.
It's a bear market, and bulls just get mad when it never goes their way, but keep coming back. Hence, NOBODY wants to sell, everybody wants the good old buy, so. You all make the same safe, useless and dangerous moves and THE MARKETS actually sees this. If you look hard enough over your chart, the moves are always similiar, but never the same. Too bad so many people never see it to the end. That they/The Forex is USING YOU, all of you.
It's gambling.
Now, if you want to call it "Business Gambling" so that will hon your ego, then by all means. Keep watching WallStreet, a great film by the way. But, please.
Admitt to it.
The real people who profit are the banks, brokers and Forex software holders and system makers. Cause, they ALL bank off of your hopes and dreams and continue to sell you on the idea. That, you'll profit decently in the long run.
Oh, you didn't know?
Your broker also gets commission from bankers and affiliates, not just from you when he sells you an account, or when you make a pip gain, or loss on a spread. Why do you think leverage is so easy to gain these days and at such a cheap price? Compared to say, 1989?!?!
Used and abused, but hey.
Goodluck to you, all of you. May you learn from this serious venture, you are atleast getting something from all of your time and hopes, losss of money and investing.
Your getting what you give out and get back from them,
hope and a headache.
Last edited by kaZza sg : 09-03-2006 at 19:01.
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