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November 12, 2014
Forex Investors May Face $1 Billion Loss as Trade Site Vanishes
Since when is forex trading considered to be investing? For every dollar made by a trader, some other trader must lose a dollar. It's a zero-sum game. Further, there are transaction fees to consider. Say, this seems a lot like a hotel casino the more I think about it.
“Ninety percent of traders in forex end up losing money,” it said.
Do they at least get complimentary drinks?
“Every day, I saw they were making me profits,” Mandal says. “And then it’s suddenly gone. It gave me psychological pain and stress. I feel very embarrassed.”
Good grief! I need to change my vote in the poll! Oh, thank the heavens! Blogger lets me change it! If you feel the same, then for the love of all that is holy, change it now before someone notices the folly of our ways!
This post inspired by the comments of GDD9000 as seen at Calculated Risk.
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