Cresolney
New to trading. Have been told its a "mugs game" particularly for amateur traders and FX trading the worst of all. I"ve been told about" The 90 Percent Rule" that says that 90% of new traders ,lose 90% of their money,within 90 days . Many amateur traders were caught out badly by the Swiss Central Bank abandoning its support for the Swiss franc earlier this year and have lost more than their initial deposit. Spread betting firms apparently need a constant supply of new customers as most of their existing customers loose their funds and give up. Proceeding very cautiously.
New to trading. Have been told its a "mugs game" particularly for amateur traders and FX trading the worst of all. I"ve been told about" The 90 Percent Rule" that says that 90% of new traders ,lose 90% of their money,within 90 days . Many amateur traders were caught out badly by the Swiss Central Bank abandoning its support for the Swiss franc earlier this year and have lost more than their initial deposit. Spread betting firms apparently need a constant supply of new customers as most of their existing customers loose their funds and give up. Proceeding very cautiously.