Tuesday, February 08, 2011

Trading in Forex

Many people trade in foreign exchange. They buy or sell US dollar, Euro or Japanese yen. Many talks are being conducted, with high fees, to teach people how to trade in these currencies. But these novice traders are not aware about the risks, and the likelihood of losing in the long run, against the big institutions that trade against them and have the potential to manipulate the market. Read an article in SGEP called Forex Folly.
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2 comments:

Vincent Sear said...

If they're so good and so sure at winning in forex trading, they wouldn't be selling courses.

February 08, 2011 6:15 PM
yujuan said...

If they are so good at forex, they should be millionaires, or even billionaires like SOROS, but how many more Soros are there in the world. These bank forex traders are simply gambling with clients money. May as well use our money to gamble on the stock markets, at least you hold on to paper shares, should you make the wrong bet, and if you cut loss, at least there are somes bones to pick.

February 09, 2011 2:15 PM

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