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Old 18-10-2005, 04:25   #81
tommyfx
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Re: Forex Trading = Gambling

Funny how most of the losing traders think this is a gamble yet the successful ones know it is about education money management and skill.

Do you think if this was a gamble multimillion pound businesses that prop up nations economies would take their chance in the market? I expect the response to that comment is, they have better prices, inside information blah blah. All i can say is this is simply not true. Ok they get slightly better spreads and trade directly through the dealer but those minimal edges mean nothing if they still choose to go short and the market ends up going long
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