Quote:
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Originally Posted by chakki
Hm, sure that we can not say the FOREX trading is not easy way to earn
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If
'we can not say' that it's
'not easy' does that mean you're saying it
is easy?
If it's easy then why are 99% losing money? Are they all just poor dumb schmucks not 'bright enough'? You could have a point going by most of the people posting here, this thread is a classic example!
I still say 99% lose because they see regular daily market moves of 50, 60, 100 pips, work out that with their $500 and 100:1 leverage they can trade $5 a pip and be rich. These are the same type of morons who flock to the slot machines lured by the bright lights and potential big payouts but too stupid to realize the odds are ridiculously against them.
You're building a system and it works? That's great! Here's a tip though, profitable trading isn't all about developing a 'system' to tell you when to buy or sell.
If you are studying 'forex tradong' and you still wonder why price goes higher or lower on bad and good news then forget your system building and learn about what makes the market tick, literally!