Forex - A negative sum game for losers

Will it ever change or get worse?

Since Cambridge Analytica help Trump to cheat his way into the oval office the first time in 2016, a lot of things went dramatically worse and if you understand the process, you understand why almost 50% of the US population live in an alternative reality.

Where are we today? Well, this is a good summary:

In 1951, the writer Eric Hoffer argued that extreme ideologies and causes will often need somebody to hate. And while hate might bring people together and create an identity, it also sows the seeds of its own destruction.

In his book The True Believer, Hoffer argues that people don't just join movements because they believe in the cause. They often join them because they are lacking something in their own lives. And so, the movement offers them a sense of purpose, a sense of identity, and most importantly, somebody else to blame.

And if you look at any movement, whether it's political, religious, or ideological, you'll notice that while they might not have a god, they need a devil. They need an enemy, an outgroup, a them. Because hate is a bonding agent. You might disagree with your neighbour about what the ideal future might look like, but if you share an enemy, you are united in your hate.

And this is when things become dangerous. Because if a movement is built only on hate, then it will need a constant supply of enemies. If the original enemy is defeated, there is no celebration. The movement finds a new enemy, and then, worse, it turns inward. Yesterday's ‘loyal members’ become today's ‘traitors.’ The circle of purity gets smaller and smaller until the movement is devouring its own. And eventually nobody is building anything. Everyone is just purifying.

And so here is a litmus test for any movement: If the movement is spending more time on hate and in identifying enemies than in love or building, then it is not a movement. It is a machine needing constant fuel, and the fuel is always people.

MAGA Fascism, Radical Islam, Russia against the West, Nazi Germany... all built on low life, miserable, stupid, frustrated people
What a sinister death show!

Another one bites the MAGAfucker dust and kisses the ring.....


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Good summary. I learned something from it. Thanks.

What you’ve laid out hits right at the heart of Hoffer’s warning: movements that thrive on hate are not really movements at all- they’re engines of destruction. And we’ve seen it play out again and again. When the glue holding people together is resentment, frustration, or the need for an enemy, then the moment that enemy is gone, the machine doesn’t stop- it just turns inward. That’s why so many of these ideologies end up cannibalizing themselves.

Some update on onboarding costs of retail forex brokers to lure in new victims:

https://www.leaprate.com/spotware-la...ds-to-brokers/

The values are actually too low. It is more than 800 USD. People are and will continue to be stupid and be lured into retail forex trading, but if they read through my thread (start on page 1) I hope they don't buy the lies too cheap.

An average retail forex trader has an account size of about 2500 USD and blows it in less than 3 months. Some quit the game afterwards, but a lot are developing a gambling addiction and lose more and more over time blowing one account after the other like a drug addict in search for the next dopamin kick chasing the literally impossible dream of becoming a profitable retail forex trader. They will have a probability of about 98.1% to lose money over 5 years and the 1.9% slightly profitable can still be explained fully by just pure luck playing a negative sum game. Most won't make it even make it 6 months.

The real onboarding costs are higher these days. Why? Look what broker pay the shovel sellers to lure in new victims to their plattforms:

https://uptrader.io/en/articles/314/...rograms-ranked

You see they pay in some cases even 1200 USD or more. The more they are willing to pay, the worse the broker acutally is and some of them will not just prey on you by rigging the game in their favor and exploiting you based on your stupidity to use too much leverage that they gladly provide. Be ready that they also sell your positioning to 3rd parties, B-book your trades, slipp you to oblivion, do some nice spread widening... don't fill your limit and stop trades without massive slipping against you, delay your feed, interrupt your feed..... so many tricks in the book to screw you and boys and girls they will.

Don't trade retail forex. Do something productive with your time and money.

This worth of this advice is bigger than your initial account balance in 99% of all cases.

Retail forex is a negative sum game for losers.

What do you think about trading stocks in CFD form?

It's ironic that in America, the Left have been financing the hate groups activities to ensure that donations would keep rolling in. The Southern Poverty Law Centre has in excess of $800 million in assetts, most of it offshore. The Left need a bogeyman to hate and they'll pay to create one.

Today was my last trade. i finished
Good luck everyone.

Bro described me bhaha

A: + $100
B: - $100
brokers spread, fees.
so it is negative when you consider the broker. and many brokers even dont pay. some brokers trade against the traders. so it is absulute negative sum game for traders.