In an article posted on another thread, it says that a finance professor has quantified the risk of trading forex and arrived at the conclusion you're 125 times more likely to lose. How could he have come up with such a figure??? http://www.sfbg.com/38/16/cover_poor.html
He gets his numbers the same place everyone else does -- he pulled it out of his butt. Last I heard, if you have stops in place, you can't lose more than that, right? And since Forex trends so well, you're more likely to make money if you have the discipline to follow a trend. Just don't use the maximum leverage if you don't know what you're doing. Well, I'm done. Any more than that and I'll have to charge more than my usual 2 cents.
done about the idea that FX trends better than other derivatives " if so ... is this intraday , hourly , daily ... etc euro / usd sure trended today on a 5 minute bar chart after 11 am est
Just 2 cents: I wonder anyone who has found that kind of certainty would become very very rich fairly easily.
Cable: way to go. Why do people who've never ever ACTUALLY traded the market for at least a month presume to know anyting? What f-ing buffoon. Should have his tenure revoked.