I too have pondered where the money comes from & goes. Here's my take... two teams show up for a hockey game ... there will be a winner, there will be a loser ... both teams know this. Both teams try to win, but one loses... end of story. Either way, both teams go on to play another day.
Forex is the same. Two players show up, one who thinks the price will go up, the other thinks price will go down. One wins the other loses. Both are willing participants of the game. The referee gets 3 pips for making the game happen.
How's that for a Canadian perspective?
Mark
Forex is the same. Two players show up, one who thinks the price will go up, the other thinks price will go down. One wins the other loses. Both are willing participants of the game. The referee gets 3 pips for making the game happen.
How's that for a Canadian perspective?
Mark