Monday, February 23, 2009

Why Forex Is Not Easy?

Theoretically, forex trading is very easy, perhaps the easiest 'gambling' platform in the world, with 50/50 chances of winning. However, forex trading is not a gambling platform, but a business. Specifically for me, I'm not sure whether market is moving against me or it's me who trade against the market. The problem is when I buy, the market is bearish. I do trading the trend, but it's not easy to fight psychological attack. This is the biggest challenge in forex trading. The winner in this business is the one who can exploit the greed and fear of the market.

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