Does anyone really make money off of the Forex? - Page 28
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  1. #271
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    Jun 2012
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    Quote Originally Posted by Jezzode View Post
    I highly doubt it....
    I doubt it too, scamsters will allways find a way around rules and regulations,while there is uneducated illinformed people around there will allways be people who will take advantage,get educated and protect yourselves.

  2. #272
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    Oct 2010
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    Jacksonville, FL USA
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    and there lies the problem the more the government "tries to protect" the people the dumber the people get which makes it easier for scammers to scam them. Then we repeat process untill the world is full of people just like assman1109

  3. #273
    Join Date
    Apr 2011
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    349
    I have read a few of your posts and you are about the biggest victim I have ever come across. Blame everyone but yourself for the mistakes you have made, jeesh. It goes right along with today's entitlement society, take from the have's, who have worked very hard for what they have, and give to the have nots, who would rather sit around and blame everyone but themselves for their place in society, and to top it off, go on to tell everyone how the government is going to fix everything so you can finally get what you deserve. Guess what, in the end, everyone does get what they deserve.

    Why don't you put on your big boy pants, quit depending on the government for your safe keeping, educate yourself, and learn how to trade instead of blaming the corrupt system for your failures.


    Quote Originally Posted by sman1109 View Post
    The system is at fault, that is why the government is taking on new regulations to protect the majority of new traders in this market.

    No one is making money but for a very few traders and brokers, who profit from 8 out of 10 losing newer traders that come into this market and then leave.

    The US government will influence the world to change their rules soon as it does here so there will be no more cheating with Hedging, High Leverage, and First In First Out will be mandatory, you will see these market scams will end everywhere to provide for a fairer market.

  4. #274
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    Sep 2010
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    Quote Originally Posted by bobmaninc View Post
    assman1109
    I can not tell you how much i'm loling at that new, yet very appropriate name change

  5. #275
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    Oct 2010
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    Jacksonville, FL USA
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    Quote Originally Posted by Jezzode View Post
    I can not tell you how much i'm loling at that new, yet very appropriate name change
    Wish I could take the credit for that but I didnt come up with it

  6. #276
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    Oct 2011
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    Bergen, Norway
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    I wonder how the assman1109 understands forex. Forex is a zero sum game. For someone to make money someone must lose. If Leverage is brought down to 1:1, someone must lose money for someone else to make money, only that the speed with which the losers lose money will slow down....but inevitably they ll be wiped out all the same

  7. #277
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    Apr 2011
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    Quote Originally Posted by liftoff View Post
    I wonder how the assman1109 understands forex. Forex is a zero sum game. For someone to make money someone must lose. If Leverage is brought down to 1:1, someone must lose money for someone else to make money, only that the speed with which the losers lose money will slow down....but inevitably they ll be wiped out all the same
    I believe Forex is a negative sum game. If it were a zero sum game there would be no winners or losers. I think!

  8. #278
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    Quote Originally Posted by liftoff View Post
    I wonder how the assman1109 understands forex. Forex is a zero sum game. For someone to make money someone must lose. If Leverage is brought down to 1:1, someone must lose money for someone else to make money, only that the speed with which the losers lose money will slow down....but inevitably they ll be wiped out all the same
    They wont necessarily last any longer. If you risk 50% of your account you will still go but on 2 trade reguardless of how much leverage is used.

    Pingback IMO is correct forex is a negative sum game as we both pay our broker and start off as a loss. Therefore it is possible for both to loose but not possible for both to win.

  9. #279
    Trading in forex or any market as a matter of fact is simply the transfer of funds from dumb money/novice traders to the smart money/professional traders. As long as you're in the first group you're on a path to failure

  10. #280
    Join Date
    Jul 2011
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    192
    Quote Originally Posted by buster48 View Post
    I doubt it too, scamsters will allways find a way around rules and regulations,while there is uneducated illinformed people around there will allways be people who will take advantage,get educated and protect yourselves.
    agreed its up for the governments to employ new regulations to protect ill informed people so they aren't taken advantage of by the brokers and experienced traders.

    Right now every new trader is being exploited by many of the proponents of high leverages and less regulations on the Forex market.

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