Trading
Forex Lesson 1: So You Want to Trade Forex?
By Doctor Wealth  •  June 9, 2014
I had readers ask about wanting to trade FX and how to start and thus I am writing this for everyone like them out there, wanting to play on the great big FX poker table to the ends of untold riches (as advertised), fame and glamour. I cannot find any too many former bank traders standing out there advertising to help you make a million dollars out of $10k in 6 months because the probability of disappointment is a lot higher than success. forex1 Methods are closely guarded secrets and my opinion is that it is because FX is a zero sum game in a 4.3 trillion US dollar a day market (2013 BIS statistics) of which half comes from spot FX trading i.e. T+2 settlement, out of which 99% are pure speculative trades. If one makes, another must lose. Bonds, commodities and equities are different because they are ......
Read the full article
By Doctor Wealth
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance