Quote:
Originally Posted by Qaz
dont investment firms make tons of $$ & investment bankers earn millions? Is trading forex any more risky than stocks & gold? I'm not disagreeing with u but sincerely asking... I'm not trying to make millions fm thousands but looking at ways to earn additional income
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The big forex players make money from the retail traders who quickly run out of funds. Sadly, there are more and more such retail traders. It's like the casino - sometimes there will be a few aunties making big wins, but in long run, the house always wins against the majority.
There's a report somewhere saying that retail forex traders mostly get eaten up. It's a Bloomberg one or something. If anyone can find it, please paste the link here for the sake of the blissful ignorant.