Two emails I revived about why FROREX is a tough market- sent by Wall Street experts.. Yet CFerret says he trades FOREX for a living, and he sounds credible.
Comments?...
1.
Hi Mike, As an individual you are at a tremendous informational disadvantage. I can't say its impossible but highly highly unlikely. XXXX
2.
Hi Mike, It is good to hear from you, I hope things are going well.
I am not a huge fan of FX simply because for every legitimate brokerage firm there are three or four that are creating a synthetic market to trade against their clients. That is one of the primary reasons that you haven't met a successful FX trader. However, things are getting better in regards to regulation.
That said, I think that you gave your friend sound advice.
XXXX
Comments?...
1.
Hi Mike, As an individual you are at a tremendous informational disadvantage. I can't say its impossible but highly highly unlikely. XXXX
2.
Hi Mike, It is good to hear from you, I hope things are going well.
I am not a huge fan of FX simply because for every legitimate brokerage firm there are three or four that are creating a synthetic market to trade against their clients. That is one of the primary reasons that you haven't met a successful FX trader. However, things are getting better in regards to regulation.
That said, I think that you gave your friend sound advice.
XXXX
