Comments on: How profitable is Forex? http://www.myylt.com/2009/08/28/how-profitable-is-forex/ Discussion of Forex Trading and Currency Trading Wed, 23 May 2012 13:32:29 +0000 http://wordpress.org/?v=2.3.3 By: Net Advisor™ http://www.myylt.com/2009/08/28/how-profitable-is-forex/#comment-17818 Net Advisor™ Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/08/28/how-profitable-is-forex/#comment-17818 That is correct. You see "get rich SCHEMES" and that is what they are. Trading currency is not an easy game to play. Anyone who tells you will get rich trading (Forex, etc) and all you have to do is buy their program is an idiot. If I had a surefire way to get rich by using some "magic system" why on earth would I want to sell that to everyone? The market would figure that out and adjust prices against me. Do you think John Paulson told the whole world he was shorting the sub-prime index before it collapsed? Do see him on late night infomercials hawking some buy sell chart program? http://en.wikipedia.org/wiki/John_Paulson When trading currencies, one are up against reserve banks, governments, and major corporations moving billions to 100's of billions of dollars quickly for (repatriated) hedging and currency stabilization, and one thinks their $2000 is going to move the market? Please. That is correct.

You see "get rich SCHEMES" and that is what they are.

Trading currency is not an easy game to play.

Anyone who tells you will get rich trading (Forex, etc) and all you have to do is buy their program is an idiot.

If I had a surefire way to get rich by using some "magic system" why on earth would I want to sell that to everyone? The market would figure that out and adjust prices against me.

Do you think John Paulson told the whole world he was shorting the sub-prime index before it collapsed? Do see him on late night infomercials hawking some buy sell chart program?

http://en.wikipedia.org/wiki/John_Paulson

When trading currencies, one are up against reserve banks, governments, and major corporations moving billions to 100’s of billions of dollars quickly for (repatriated) hedging and currency stabilization, and one thinks their $2000 is going to move the market? Please.

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