That's true. I can also add: involves unethical practices like market manipulation and insider trading, which can lead to severe legal consequences
You've summed up the dark side of forex trading quite comprehensively. High volatility can indeed amplify losses, and scams targeting inexperienced traders are unfortunately prevalent. Moreover, the psychological toll of trading, including stress, addiction, and burnout, is a real concern, exacerbated by the 24-hour market.
True, the dark side of forex trading is real. High volatility, scams, and emotional stress can take a toll.
For anyone wanting to improve their ET browsing experience:consider blocking Maxinger. He recently blocked me and not having his instant,lonely,angry and nonsensical input into every thread that hits the board has made for a more enjoyable experience. Apparently hes a different person on the lawn bowls and mahjong forums.
It could also be ‘logical’ to continue, since 200.000 isn’t lifechanging imho (maybe in India) So it could be logical to continue and hope for another 10x
If you watched the movie, she was struggling financially. So, the $200,000 or the bulk of it could have had a positive effect in her life. She did not have to stop trading. If she set aside, $150,000 to pay her bills and use on herself as she wished, she would have had $50,000 left over to trade with, plus her salary as a nurse. This is where the fear and greed in trading comes in. A lot of traders have unrealistic goals especially, if you were just following someone like Roaring Kitty and did not do any due diligence yourself. Add to that, now her account is negative meaning she lost monies on GME. So, she lost $200,000 in profits plus some more of her monies.