Why Forex is so difficult?

Quote from athlonmank8:

The cost of trading forex is TINY in comparison to other instruments.

You need to find a broker with decent spreads.

Forex is difficult because it's a 24 hour market and doesn't follow zero-thought process TA.

(It does however have a tendency to follow certain other patterns though which relate to a different axis on the chart.)

Lastly and most important Forex is difficult because people are trading at times when they SHOULDN'T..........
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I agree with your last statement. Someone posted a chart showing how a method didn't work out so far today. They were trading the GBPUSD long, during the first Asian session of the week when the spreads are wide and the GBPUSD had gapped up.
 
Quote from PPT:

i think it's a scam.

if i had a monster account, or worked for a big firm, sure i might have a different mindset over currencies.....but at the retail level i've simply heard way too many stories of monies not returned....
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Can you clarify what you mean by money not being returned?

Do you mean that brokers never honored a wire request? And if so, which brokers? I can't imagine this happening at the big firms such as Gain, GFT, FXCM, etc
 
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