Yes correctly learning it | Forex Factory

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Yes correctly learning it

  • #1
  • First Post: Edited 8:27pm Jan 26, 2010 6:38am | Edited 8:27pm
Correctly learning forex trading is very difficult but it can be done.
  • #2
  • Jan 26, 2010 7:40am Jan 26, 2010 7:40am
do you feel the same way about the stock market, or is it just forex that you have such nice things to say about?

if you don't get your butt kicked by forex at least once then you probably aren't doing it right.
Congratulations ScalaFX for coming out of the closet!
  • #3
  • Jan 26, 2010 7:52am Jan 26, 2010 7:52am
Quoting efiler
What is not told to the rookies is that truely it is not possible to earn money from Forex market. Not earning but persons must find a way to steal money from the market using trading strategies. Having this point of view makes a rookie trader smarter dealing with the market. Otherwise a rookie gets disappointed easily.
It can feel like theft if we are successful and it can feel as though we are being robbed when we fail. I do not subscribe to that view.

We are here to make money and emotional responses are not helpful, in my opinion. It is possible to earn money by hard work in Forex or any other market. You want to buy a currency? I have one for sale. You would like to sell a bag of rice? I have a price which I am prepared to pay.
Gone to a better place
  • #4
  • Jan 26, 2010 1:54pm Jan 26, 2010 1:54pm
Workers everywhere beware....cos you're not making money from your job but stealing from your boss. Bosses will drag you to the nearest courthouse and sue you if only they realize.
  • #5
  • Jan 26, 2010 2:52pm Jan 26, 2010 2:52pm
  •  Now
  • | Joined Aug 2006 | Status: 'I should have taken the money' | 654 Posts
Some call it stealing, working, trading, robbing,..

Whatever it is being called on, just simply put, for how it has always been and will be, law of nature:

....survival of the fittest....
Being right is one, taking it from the table is two.
  • #6
  • Jan 26, 2010 3:11pm Jan 26, 2010 3:11pm
Forex is essentially a zero sum game with a cost (the spread) making it a negative sum game. It's not stealing though, more like speculating/gambling amongst consenting parties. No point pretending it's something it's not.
  • #7
  • Jan 26, 2010 3:18pm Jan 26, 2010 3:18pm
Quoting efiler
What is not told to the rookies is that truely it is not possible to earn money from Forex market. Not earning but persons must find a way to steal money from the market using trading strategies. Having this point of view makes a rookie trader smarter dealing with the market. Otherwise a rookie gets disappointed easily.

Errr....rookies seldom earn from anything in life. Once they graduate from the School of Hard Knocks is when they'll begin earning. They'll then prey on the never ending cycle of rookies too.

Rookies are like plankton...some of us feed on 20,000 pounds of them a day just to survive, whiles others cruise the waters and filter them, waiting on our chance to chomp on a crustacean.
  • #8
  • Last Post: Feb 25, 2010 8:12am Feb 25, 2010 8:12am
Quoting GulfCoastPip
Errr....rookies seldom earn from anything in life. Once they graduate from the School of Hard Knocks is when they'll begin earning. They'll then prey on the never ending cycle of rookies too.

Rookies are like plankton...some of us feed on 20,000 pounds of them a day just to survive, whiles others cruise the waters and filter them, waiting on our chance to chomp on a crustacean.

just found this post... I'll have to look out for more from you...

It looks like efiler changed his/her mind so this thread doesn't now make much sense.
Gone to a better place
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