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Old 04-26-2008, 10:43 PM
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rhodytrader rhodytrader is offline
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Quote:
Originally Posted by DARIMAKO View Post
There might be some other investments methods where you can get more than this from you 100k or 50k. So why not try them instead of losing money on forex when they say as many as 95% lose. Why don't they invest elswhere?
Trading forex is most certainly NOT investing. That's one issue.

And keep in mind that of the high percentage who lose, some fraction have been pursuing carry based strategies. There are loads of them out there. They often do quite well for periods of time, but then get really hammered during periods of volatility.

I do agree with you, though. There are loads of forex traders who would probably be better off putting their money to work somewhere else. They've been sucked in to the market by the lure of easy money.
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