I have yet to know a Forex Spot trader who doesn't lose big...

All Spot FX traders I have personally known have lost big.

Perhaps real pros don't trade Spot at all?

 

Could be they don't smell and lick their own balls like tigers.

http://www.elitetrader.com/vb/showthread.php?threadid=127432

 

CG, are you saying that you know traders who have traded, futures, equities, and options and have been profitable, but when they started trading Spot Currency they lost big?. Or was Spot their first trading experiance?


El Siempre Vibora VIPER

 

So everyone you know must include the whole universe of spot fx traders.

All the baseball players I know suck big time. Of course the 5 players I know are either in wheelchairs or just started playing baseball but that is enough of a sample to make a general statement.

 

i guess you dont know soros. he made a couple of bucks in the gbp a while back.

 

I've been trading spot for just over 5 years now. I've been profitable every year.

 

Do you mind sharing your results ?
What has been your biggest DD ?

 

I'll share limited results. Biggest drawdown came when I was new - was about 40%. Scared the shit out of me. I learned from that and never did something as stupid as that again.

 

Coming from five years of profitable futures and equities trading I have been trading spot for three years and profitable every year as well.

 

What did you do? if you dont mind saying