Based on this definition via investopedia, there is no way forex trading would qualify for a zero sum game. In my opinion, only gambling ticks the boxes of a zero sum game.

Is Forex a ZERO Sum game?

In forex trading, we learn from each other, but our aim should not be just to learn from each other. It is good to keep your own philosophy, but also getting ideas from fellow traders can go a long way to providing you with new insights that you ...

Best forex market strategy or theory I should use?

I think some circumstances make the situation right for paid beginner courses. Considering a person who is totally green in the market, it might prove challenging to understand what's happening by just reading and watching videos online. ...

Is There Any Thread Summarizing How To Trade Forex?

Everyone loses money in Forex. However, there are those who make more than they lose, and that's the difference. Therefore, IMO Forex is a learning process for the wise ones, and even the most successful do still learn something new from time to ...

I've figured out why so many people lose money in Forex

This is quite simple. Most new traders come in the market with the perception of getting rich quickly. In fact most of them believe that they can predict the market correctly 9/10 of the time. Therefore, they do not expect to lose, and end up ...

Three Reasons Why Successful Traders Fail In The Beginning

My advice is that if you want to be involved in a fair game of trading, then lesson number 1 is identifying a good broker. based on your question, you would probably want to go with an ECN, forget about the retail brokers, the name itself betrays ...

Difference between ECN and retail broker?

Who doesn't use stop loss? It is the backbone of trading. Without it then it is a little more like betting and hoping that things go your way, otherwise you are completely fried. I think some traders think that a stop loss has to be placed at the ...

Do you use stoploss?

In most cases, Forex Trading is not about predicting the price, but rather the direction the price is likely to move in the next hour, minutes or days. Predicting price is much a thing common in the stock market because investors look for value. ...

How do forex traders predict price?

Actually, it should be the other way round. Real FX Traders use stop losses. Personally I use stop loss and yes, I am a real FX trader. The reason behind stop losses is to stop the level of loss from growing before it gets too big, or better still ...

Real Fx traders do not use stoploss

I like using multiple time frames especially when analyzing trading opportunities. For me multiple time frames are better used to confirm a trend, or better still test potential reversals. However, when it comes to trading itself, I only use one ...

Multi-Lot Multi-Timeframe Position trading

I think making a profit from a trade does not necessarily mean that the trader at the other end of the trade made a loss. Obviously when you close the position, the other person open a position, which means they could still profit from their ...

Is Forex a ZERO Sum game?

Catalysts to profiting with Millipede Strategy. High Volatility High Volume Trading Liquidity This makes GBP/USD, FTSE 100, USD/JPY and Crude Oil the bets instruments for Millipede Trading strategy.

Long term fundamental trading

Yes, 1:1 leverage would be marvelous, but then again it would take out what makes Forex an interesting market. With 1:1 leverage, it would be more or less the same as investing in the stock market. But all the same, this would be a great way of ...

Best forex market strategy or theory I should use?

Never thought to look at it that way. I will start experimenting on your observation and see how things turn out. 80% chance sounds like a real opportunity for profits, but again the 20% chance that this won't happen leaves doors open for all sorts ...

How to predict the next candle?

Exactly my point, which means you can, but you probably wont. I agree that it is important to find the balance in your trading strategy in order to make money in the Forex market. A too ambitious strategy could make you poor within months, while a ...

Can you get rich quickly from forex trading?

Well you can call it a strategy, a philosophy or tactic. Whichever way, it all comes down to three elements. 1. Risk what you are prepared to lose: By extension this can be applied on individual trades. You risk appetite per trade is as important as ...

Best forex market strategy or theory I should use?

It is VERY possible to predict the color of the next candle stick. Personally, i use different time frames to do this. For instance, I can use the hourly chart to predict color of the next candlestick in a daily chart. By looking at the last few ...

How to predict the next candle?

YES, you CAN get rich quickly in Forex Trading, margin trading is one of the best ways to get rich quickly. However, I can almost guarantee you that this wont happen if your sole purpose is to get rich quickly. This is because when you go to the ...

Can you get rich quickly from forex trading?

Well generally, in order for one to make money in Forex, another has to lose. After all that is how the trading positions are closed, otherwise they could remain open eternally. Nonetheless, we seem to forget the aspect of inflation and the point at ...

Is Forex a ZERO Sum game?

Anyone looking to get started on Forex Trading, this is the thread. Such valuable information, and one that I look forward to adding my insights in the coming days, weeks and months. For today, here is what I would like to say: Before getting ...

Information For Beginners