If no one could make it in the markets, why would we all be here trying to make it? Why would there be books interviewing people that have made it, some that started with little funds like ourselves? Forex is just like a casino. The house (market makers), usually always win. But, there is that one out of a million that hits the jackpot. Market makers allow that to happen. They want to see people having some sort of success, otherwise there would be no reason for us retail traders to trade. They say 95% of retail traders fail, yet it is also known that 95% of market makers are successful. The statistics are highly in their favor, so why would they not want to keep us trading. Forex can be very simple, yet it is also one of the hardest things we can learn to do. The people that have put time to it and learned about the market, treat it like a business, control their emotions and manage risk efficiently, they are the small few that can be successful. Most people, like some of the members in here, lose money and just give up. And that's why they are basically liquidity and make the market makers money. It is ignorant to say you cannot make money in this business just cause you are a failure yourself. It is very possible to make money, if you give it the time and practice. Listen to the people that have made it. Don't try to go from $100 to a millionaire in a month. That is when forex does become gambling, and you will most likely lose. If you take it slow and build yourself up, it is very possible to consistently make money from this business.
- | Joined Aug 2013 | Status: So sorry for always replying late! | 506 Posts
So sorry for always replying late! But I got 2 Jobs!!