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Mingary replied Apr 17, 2011I lost around 200,000 (usd) over a 20 year period. Never had a profit. The realisation I will never get it back is killing me. Trading the forex is evil and has f$%^&ked my life.
Losers Anonymous
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Mingary replied Apr 12, 2011It is simply because your premise is incorrect. No one makes any money in forex. Zip, nada, zero. Reverse your hypothesis. Try it for yourself, or investigate (be aware that people lie) and you will arrive at the correct conclusion.
Why is this unrealistic? Or is it?
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Mingary replied Mar 27, 2011Life changed for the worse after FX Any one? Ok, let me be the only one. Trading the forex is evil and destroys lives. The people you meet and the things you do. Don't go down that path. I wish I had not.
Life Changed for the Good after FX
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Mingary replied Mar 26, 2011Low or high leverage is not important long term. Low leverage only means that it will take longer to lose all the money and then some...
Thoughts on 50:1 Leverage
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Mingary replied Mar 26, 2011Well then, I will address a valid question to all the winners and gurus out there. Given your experience and success, can you explain this: Why do some dyslexic traders like to debate about the proper use of spots?
How to survive in forex? Help please!
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Mingary replied Mar 25, 2011This strategy is not any worse than the thousands of better-mouse-traps that are being peddled, kibitsed and argued-to-no-end about a this game that cannot be won long term. In the end there are no winners - only death is.
How to survive in forex? Help please!
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Mingary replied Mar 25, 2011If the idea ever takes you to trade forex this is how you survive 1) you trade and you lose ==> quit NOW because you will lose a lot,lot more 2) you trade and you win ==> quit NOW because you will give it back a hundred fold. Simple, no?
How to survive in forex? Help please!