Why does forex have a bad rep? | Currency Futures


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Why does forex have a bad rep?

  #57 (permalink)

Legendary Market Chamois
Chicago, IL
 
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TraderWalrus View Post
Those who seek to gamble can do so in stocks, bonds, futures, options, forex and what not.

Important thing to understand about gamblers though, is that thrill and excitement are the crucial factors for them. Steady and consistent returns that will make any rational trader happy are boring for gamblers. No fun in that. Those extreme emotions are more easily generated with high-leveraged products that offer the possibility of multiplying gambler's capital as quickly as possible. The associated risks are usually ignored and discarded.

Well said.....

Ron

It is an axiomatic fact that while you meditate you are speaking with your own spirit. In that state of mind you put certain questions to your spirit and the spirit answers: the light breaks forth and the reality is revealed.
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