who else thinks forex trading is stupid!

These public sites are funny, every asset class goes in cycles until they all correlate to one and then something interesting happens, usually negative but sometimes positive, if you can't trade all assets you have 20% of the picture, if you can't trade all timeframes / fundamentals you have 20% of 20%, and oddly 4%pa are money market accounts, what a co-incidence.
 
Ava said:
I don't think so. There are so many successful traders.
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LOOKS like C-citigroup did sort of a can slim on its Forex trading team; + South American bond trading.[Source =YAHOO! JUNE 8 news ]:caution::caution:
Actually I dont even use IBD CAN SLIM on single stocks;
i do cash metal + EFTs...................................................................................
Actually if one includes people that do trades in business;
+ that what any sucessful business is. More people succeed than any ever dreamed.
I think its stupid for me to try to make a million bucks off pet rocks, just because some else did.:D:D
 
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alistera said:
These public sites are funny, every asset class goes in cycles until they all correlate to one and then something interesting happens, usually negative but sometimes positive, if you can't trade all assets you have 20% of the picture, if you can't trade all timeframes / fundamentals you have 20% of 20%, and oddly 4%pa are money market accounts, what a co-incidence.
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LOL:D:D
Good points;
but you must have been trading that one super fast=not 110or 100%% accurate.
MM rate maybe fine @ time of your note.
AND i'm not a mindreader LOL but I sure you meant trade ''all time frames'' profitable\as if anyone could live in Europe + want to pay hi taxes\ do a market maker time frame + profit.
I dont know your tax situation anyway, must be ok with you happy pic/laugh LOL:caution::caution:
 
Forex can be a upset game if you dont have a most powerful analyzing trade knowledge and experience . this is an clear message.
 
Ava said:
I don't think so. There are so many successful traders.
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You should know how big the percentage of successful traders is compared to all people who ever tried it. Based on 5 years fulltime daytrading forex, my guess is less than 5%. And really successful, less than 2%.
 
Actually personal observation varies from traders to traders. Those who are unable to carry decent amount of profit, Forex seems stupid to him but to the gainers, the observation is really different.
 
Stupidity is when you come to Forex for easy and fast money and trade here without a normal trading strategy and without the necessary knowledge of market analysis, you don’t know how and don’t want to control risks for more earnings, and then you think: why can’t I do anything?))
 
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