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April FXCM King of the Micro Winner sees 632% Profit*
- Thread starter FXCM-PR
- Start date
Quote from Elcubana:
Remember the scene in Willie wonka when that wealthy chicks dad hired those factory workers to open millions of wonka bars to find the golden ticket?
This is what these fx trading contests are like in Asian countries. 10000 of players shooting for the equivelant earnings of 100 years of work in one contest.
Your odds are better at powerball than against these nothing to lose asian hordes.
Just by chance one of the thousands upon thousands playing will hit it. Just like the lottery. Ridiculous!
Singapore is a third world country? 100 years of work? last i checked, they had a higher GDP per capita than the US
Quote from MohdSalleh:
Singapore is a third world country? 100 years of work? last i checked, they had a higher GDP per capita than the US
Not talking GDP. Talking averages among the masses who play these contests from third tier economies OR ghetto like areas within the richer nations
think Willie wonka candy bar opening factory. You can't win against that!
Quote from Elcubana:
Not talking GDP. Talking averages among the masses who play these contests from third tier economies OR ghetto like areas within the richer nations
think Willie wonka candy bar opening factory. You can't win against that!
Newsflash -- 99% of all traders in all asset classes will lose money
Not just currency traders..............
A trading contest is not the goal of the majority of successful traders - it is merely existent not an objective
Quote from Gcapman:
Newsflash -- 99% of all traders in all asset classes will lose money
Not just currency traders..............
A trading contest is not the goal of the majority of successful traders - it is merely existent not an objective
no argument here. The contest players are not traders. They are the same people in Willie wonka candy bar opening factory and pulling the slot arms in Macau
China has more daytraders than the West. Virtually 5% of their population daytrade one time or another. They have hundreds of active online trade forums. Trafficwise, elitetrader.com is puny compared to theirs. Recently, I heard some college kid in Shanghai daytraded Dow Jone Index. He turned $1,500 from his saving bank account to $1,000,000 in four years.