I've just rebounded a Forex business

In the City. In their words, 90% of all trades end up as losses. The only people that make money are the City professionals.

They use exactly the same systems and techniques as the betting sites.

I'd give it a swerve :-)

Posted By: pieman63 on August 5th 2015 at 15:14:36

Message Thread

Anyone here trade Forex? (n/m) (General Chat) - essexcanaryOTBC, Aug 5, 14:24:46
- I've just rebounded a Forex business (General Chat) - pieman63, Aug 5, 15:14:36
  - Spot on, much weaker markets out there.... (n/m) (General Chat) - usacanary, Aug 5, 17:27:05
  - Yep because like casinos they can keep playing whilst others are wiped out (General Chat) - essexcanaryOTBC, Aug 5, 17:01:36
  - Rebranded (n/m) (General Chat) - pieman63, Aug 5, 15:14:53
- I am teaching myself with help of a friend (General Chat) - Tony Martin, Aug 5, 14:43:44
  - Oh cool well done, thanks (General Chat) - essexcanaryOTBC, Aug 5, 14:47:29
- Always seemed risky. I have no knowledge that the rest of the market doesn't have (General Chat) - Old Man, Aug 5, 14:31:25
  - A lot of trading is about pyschology and risk/money management (General Chat) - essexcanaryOTBC, Aug 5, 14:46:16
    - All about capital retention (General Chat) - Tony Martin, Aug 5, 14:48:23
      - Agree with stop losses but think it depends on the trade risk reward ratio (General Chat) - essexcanaryOTBC, Aug 5, 14:50:16
        
        Yup. you can be wrong more than you are right and still be profitable (n/m) (General Chat) - Tony Martin, Aug 5, 14:52:47
        
        And as you gain experience it becomes easier to spot the higher probability set ups (General Chat) - essexcanaryOTBC, Aug 5, 15:01:55

Reply to Message

In order to add a post to the WotB Message Board you must be a registered WotB user.

If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.