DislikedPeople lose at trading FX because they do not understand statistics and probabilities. Instead they trade off visuals at various times, during various sessions, so there is no baseline for statistics.Ignored
Extracting hundreds of millions of profits year after year the forex industry has really reached a level of perfection to suck in new victims and milk the gambling addicts that is astonishing to me. I respect my enemy in this fight. One year home office around the world with 24h access to the internet had a massive negative impact and helped to build epic distrotions of reality in crypto, forex, commodities and the stock market. If people would understand better how sophistically they get fleezed things might change to the better.
At least my thread enables readers to think about their actions an finally start to understand why they lose. Some might realize they made a mistake and dedicate their future efforts toward real productive purposes. If I only prevent a few hundred young people from wasting hundreds or even thousands of hours of their precious time chasing the lie of profitable retail forex trading, the net positive effect to society might be tremendous over a few decades.
Some ask why I do it, since I won't earn a single cent from that effort, but why the f.. should I... it's the right thing to do. Period.