Help understanding this please!

Let me know what you all get from this.. Please this is for fun and maybe we will get something out of this. This for all traders to look at and to write what they feel it means. I will post some for the article K!!

On Monday at 8:01am buy �8718 Japanese Yen. At 8:14am sell �8728, give�4 to your friendly broker, leaving �6 profit. Your broker allows you toleverage the transaction 58 times by lending you $5,700.Your net profit is therefore �348 Yen or 3.5%.

3. In the next fifteen minutes,with equity of A$103.48, sell at �8730 and buy at�8712, grossing 18 pips (14 after deduction of brokerage spread). Yourequity is now A$111.88

4. Repeat this process every 15minutes, selling high and buying low until close of business on Friday After. Your average profit per transaction is 3.3%

Forex trading is very like gambling. Take horse racing for example. If I spend a few days away from home at the racetrack I expect some return on my time. It may be the champagne parties or it may be financial gain.

Spend some time looking around the paddock. Study the horses. Is she sweating up a bit? Does she look a bit jittery? Or does she look sleek and sexy and out for a good time? Now have another look at the horses.

I will never forget the time I won nearly £20.00 on the winner of the 3 o'clock at Haydock. The party went on for nearly 24 hours and I made loads of new friends. Had a bit of trouble getting home due to a cantankerous ticket inspector and I told him "You'll never win as much as me. "Why?" You may ask... Because you spend all your time giving people like me a hard time. I'm only trying to get home to my wonderful wife and family and you're just making it difficult."