DGCFX methods and knowledge would be very helpful Sympatico is however learning automation...he will be dangerous.. Then there is aeorkian...or something like that... Some of these Currency guys really know their fxmath
If I quit my day job and could set with all my friends in a room and soak up their knowledge....my dream.... But I digress.... Trading is not gambling What Say You?
As we post, spot forex is experiencing a weakening of the USD. We shall see how far it goes...It all good, no matter what it does! Thank you Oanda for allowing me to trade correctly, with a reasonable amount of capital and leverage. (could you imagine if this were traded with lots instead of units?...sheesh the amount of capital needed would be huge and uninsured) Michael B.
Isn't whole life is gambling? Who cares... Do what makes you happy. I think those people who can't make it trading call it gambling to make themselves feel better.
To me it depends on whether or not you have an edge. If you 'do' have an edge, it's not gambling. If you don't, it is. Just like the casino's in Vegas. They have a proven mathematical edge, so they're not gambling in my view. The players don't have an edge in most games ( the player can have an edge in some games like blackjack and poker), and are gambling. So, to me, it just depends on whether or not you have an edge in your trading method.
I don't have an edge? I have no idea what the market is going to do or its outcome. I have no probability...expectacy....winrate...avg win to loss ratio...