DislikedMost of you might already know it that banks manipulation is the biggest cause of our failure. They are feeding on us "the retail traders". That is why the winning ratio is not exceeding the 5% because the banks are not in high numbers and retail traders are more in numbers.Ignored
All forex trading banks make money pretty much, huge money so they aren't taking from each other, cause they'd have to be loser banks, so yes they are taking from retail, all of there profits come from retail traders.
I wouldn't say its manipulation though, they just have few but huge accounts, where as we have millions of small accounts, there just very good at what they do, where as for most of us Forex is a bit of a hobby, we blow $100-maybe $10,000 per year on our hobby, in the hope of making it big.
Other than we pay more on spread costs ofcourse, it's a pretty fair game, so losses are all your fault, can't blame the banks.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!