Pros and cons of forex market?

[Coner1980]

What are the pros and cons of the forex market?

 

[maxinger]

major currency pairs

pros - good for newbies to trade live as capital needed is low.

cons - one of the worst things for day trading due to relatively poor day range

 

[ActiveLead]

What are the pros and cons of the forex market?

Pros - Almost none. It’s the hardest “easy money” that traders make.
Cons - It's not everyone's cup of tea.

 

[sebking1986]

Pros - very accessible
Cons - Very accessible

 

[SunTrader]

Pros: steer clear
Cons: full of them.

 

[maxinger]

pros - good for the market maker to earn $$$$
cons - bad for a newbie trader to earn $$$$$

 

[Onra]

Again; what are you guys doing in a place like this?!

The OP and his buddies are paid to create new "Forex" threads, which ultimately lead to broker references/clicks.
They have zero interest in trading...

 

[maxinger]

Again; what are you guys doing in a place like this?!

The OP and his buddies are paid to create new "Forex" threads, which ultimately lead to broker references/clicks.
They have zero interest in trading...

View attachment 278690

do show the evidence to the administrator so that this thread will be deleted.

 

[Onra]

do show the evidence to the administrator so that this thread will be deleted.

There's not much Baron can or will do...
https://www.elitetrader.com/et/threads/the-lunatics-have-taken-over-the-asylum.357502/page-3

 

[ph1l]

The OP and his buddies are paid to create new "Forex" threads, which ultimately lead to broker references/clicks.

Based on variety of forums he posts to (not all or mostly Forex), I don't think this is true.

Back to the original question about the pros and cons of the forex market...

The pros are the ones who scam you out of your money.
The cons are the ones who get caught.
And the ex-cons are cons who have served their time and are back to being pros again.