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Saturday, August 25, 2012

Reality of Forex Trading

Comment posted in this blog:

t is true that FX trading is best to left to professional traders from banks and hedge funds. it is almost impossible for retail trader to make money in long run. According to CEO of FXCM, one of the few largest US based retail FX broker, he said he will be surprised if there are more than 5%of the retail FX traders can make money in long run. 

For those ISO/SME Awards, it is for show only, so long a company afford to pay, it is not very difficult to get it and it doesn't guarantee the trading strategy is a successful. Did you ever heard Warren Buffet goes to apply ISO??? 

Don't easily believe the story from those school marketer, I don't care how fast the coach turns his personal accout from 1K to 1 million, how I know how many accounts he got margin call before getting a profitable one, and almost certainly , the super high returns is link to over-leveraging, just likes someone said a fundamental news suddenly came up in the middle of the night from US/Europe is good enough to act on.


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