DislikedSorry, but have to disagree about "the market is manipulated" part..for the simple reason the currency market is quite big and there's no "one party" that can swing the prices at will.
And let's just say [for fun] that the market is manipulated by the big guys, and that only brings up more questions than answers.
For example, why is your friend still trading in the currency market..and so on,
Anyway, it is just not possible to manipulate the market and that's just my 2 cents..for whatever it goes in for these days.Ignored
The market is big doesn't really mean it can't be manipulate. Eg, Governments with their policies are how it manipulate the prices.
QuoteDislikedFor example, why is your friend still trading in the currency market..
Hmm, this is pretty harsh. I think you have to read and be attentive, he is not my friend. Why do you think he shouldn't trade? He is making a good profit daily consistently.
I think even if we dont agree with that person, that doesn't mean he is a bad trader or a noob who doesnt make money. The amount of money he started are small, and the money he had in 1 of his account is already huge, and he took consistent pips in this account, though i never know how he traded.
The only winner is the one who survive the longest...