Quote from: Kevin77 on November 15, 2018, 06:12:15 AM

Quote from: alexyong342 on November 02, 2018, 05:27:15 AM

Trading and investing in financial markets seem so easy. The market can only do one of two things. It can go up, or it can go down. So why do so many people lose?

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I think forex and crypto are waay too different from each other to make that a possibility. First of all there are regular people doing forex and almost always they lose money there, not initially maybe (some lose right away, some lose later) but in the end if you are not a professional trader there than you will lose your money.

One of my friend's uncle was interested in forex and made a ton of money for a long long time, like couple years at least and than one day lost all he had in his savings account, it can take a long time before you run out of luck but it will happen. The reason why banks and professional forex traders do not lose like that is because they have a lot more capital than you, if you lose 100 thousand dollars in forex you run out of money probably, they can reinvest 500 thousand to get that back. That is why they succeed.

Crypto is not like that, most of the population here is not professional traders, its people. Professionals are not here yet.

Every exchange has its own goods and bad. You can only decide on basis of your assumptions and information you see. Forex has some good reviews as well. It always the game of mindset matching.