I think its a no-brainer that this is a online scam. There has to be a select group of people somewhere who manipulate and steal your money. Where does the price feed come from. I can vision a top secret location where their are super intelligent computer programmers writing programs to look at all orders and magicly go right to your stop and/or go to hit your margin. What a perfectly legal way to steal your money.
What central location do thay have their super computers where they can do sopichcated anaylsis of who's buying and selling and move price to the area of profit every day ..Thats why the price fluctuates the way it does for the most part. Maybe 1 percent of the common folk make money, 4 pecent are the secret socity groups taking all the other 95% of pepoples money....
Don't belive me, then keep trading and you WILL lose your money. I promise you that
What central location do thay have their super computers where they can do sopichcated anaylsis of who's buying and selling and move price to the area of profit every day ..Thats why the price fluctuates the way it does for the most part. Maybe 1 percent of the common folk make money, 4 pecent are the secret socity groups taking all the other 95% of pepoples money....
Don't belive me, then keep trading and you WILL lose your money. I promise you that
DislikedKeep phrase is, "unless they are lying about this...." is key here on this simple fact.
90-95% of people lose money in this game. And I am starting to wonder about whether or not it's an online scam as well. (As mentioned by some previous posters.)
BUT...I know some people make money at this, but for you to say that you know 3 or 4 people in your area making more than the average American income every year....please send me your city, because there is something really odd about your neighborhood.
Gurus are a waste. Like the guy before said, it's a zero-sum game. Why give away something that can make you millions for say.....$39.99 in a book?
If you do your research, most of them are failures as traders. Most of them also made their money before it was such a big retail endeavor. (All of us cannon fodder have definately changed the game in the last few years.)
You will find that all systems work, when the market is perfect for that said system. (Good luck with that.)
Forex you have dishonest brokers, banks that are out there hunting your stops, massive companies making transactions based on need, not price. And on and on.....
I have been doing this for about 7 months, and have had ups and downs. It is sickening, because mainly you can win just enough to get sucked back in.
Truthfully, I have turned a few people away from this game.Ignored