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Tags: Is FX just another bogus "get-rich-quick" scam ??
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Is FX just another bogus "get-rich-quick" scam ??

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  • First Post: Feb 1, 2007 7:30pm Feb 1, 2007 7:30pm
  •  Perfectionist
  • | Joined Jan 2007 | Status: Member | 2 Posts
My first newbie post

From what little I have read, Forex is Zero Sum which means for people to make money a lot of other people have to lose money .....

Is it really possible for a lone trader to actually make a living .... when competing against huge banks and financial institutions with massive capital and armies of phd graduates and cray computers ??

Seems there are countless "systems" out there which promise easy money ..... are they just bogus get-rich-quick scams ??

This all just seems to be glamorised gambling ..... Please pardon my ignorance !!
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  • Last Post: Feb 1, 2007 7:36pm Feb 1, 2007 7:36pm
  •  smjones
  • Joined Mar 2006 | Status: THANK YOU MERLIN,TWEE and FF Team | 4,603 Posts
This thread topic has been done to death.

http://www.forexfactory.com/showthread.php?t=15740

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