The future of forextrading???

What do you think about the future of forextrading?For how long time does it exist??

People get better and better to trade forex and it will be harder to making money in the future??

I wouldn't worry about how much forex trading would last. You can say the same thing about stock markets or indices that go decades back in time.

Why do you think people get better an better? The reality is, for spot forex in particular, the Internet and aggressive advertising brought the ease of trading to millions of people but most of these people are newbs in terms of forex and trading. I think you confuse the exponential growing number of trading systems (every forex forum outhere has them by thousands) with their real capability to bring one money, or with the capability of the trader to trade them. In fact, I think in terms of percentage people are getting worse and worse because of the mass newb-infusion.

So don't worry, just be patient and put the time to learn it.

Incidently I thought about the same thing and the other potential 'hazard' I was wondering about is the onset of new generation computerised trading systems that the big institutional traders are working on? Admittedly I hav not thought this trough properly but could this potentially kill it for small traders like us?

Nah they wouldn't kill it, the small traders need to be here for institutions to grab even more money. So hope will be left. Damn those institutional playaz!

Ok, my believe is that the markets will always be driven by human psychology and not computers, at least the most significant moves.

I can only imagine how grand it will be when the 100s of millions of people in such large countries as China and even India catch on. Then fx won't be a trillion, or even a two trillion dollar a day market...it will be much more.!

And if one believes that this is a zero sum marketplace, then those in the know w/experience will have all the more newbs to take monies from.

; ) Thom

So basically i understand this as; the newbs of today can be the millionaires of tommarow, but there is a STEEP learning curve to overcome. By then a few can have their own talk show on CNN talking about forex.

Lets just hope news trading wont be a fad or that brokers wont limit it.