DislikedMost of the money arent speculative?
I cannot agree with you less.
90% of the money in forex are speculative ones.
Who certainly lost were big players who cannost putt all the money off the market.
But as mentioned above, it is part of the strategy.
I know about institutions who lost billions in speculation with currency (per trade) but overall they ends with 9 buck in profit.
Subprime mortgage is the black hole. Big players know it (part of the game). Everyone knows when it blows away it will smack down (tie up) U.S. economy. Yet, it didnt blow up.
We are digging pips upon bloated markets, yet risk is well known in advance.
Irony is when it blows up, the more rich you are, the less you lost (rich doesnt mean big)
Thanks
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Nice day!Ignored
After I got up today and started getting ready for the market to open, it was bugging me so I did some research and confirmed my error. Now what's bugging me is what was it that I was thinking of and why did I confuse it. Was it a different instrument or some specific pair or facet of Forex? I'm sure I remember reading something to that effect.
I am confident in the rest of statements however so my self esteem is not totally undone in this concession. You sure can't become a great trader without the ability to admit you were wrong.