Dislikedlets expand this to the catch 22 of successful fx trading. Are you educated? why don't you have a proper job? If you had a proper job, why would you bother to speculate in this bullshit 'industry"? Anyone who has worked as a prop trader knows most retail traders are considered "presumed" under educated. If you're speculating in the FX game chances are you have a below average IQ. Because educated people have tangible jobs with guaranteed income. But most retail traders work at least part time and trade as a hobby. fact. don't feel bad bro.Ignored
The barrier to entry is kept very low for that purpose. Retail forex traders are the "canon fodder" of the industry. The fact that it preys on the poor wanting to better themselves is criminal. Your friendly forex bucket shops big and small are fully aware that the "small accounts" are going to be swept into the company's account within 3 months max.