rsh01
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Nobody said anything about it being the MAIN reason
really? that's why you rinse & repeat the same 'zero sum game' BS statement in other threads.....
in a zero sum game someone has to win and someone has to loose. Let's take the mirky world of spot FX, about 10% of the volume is retail (from my limited research). The remainder is volume from larger players in various forms. Let's say 95% of the retail money is lost, this goes to the larger players.
http://www.trade2win.com/boards/for...hy-retail-fx-traders-loose-5.html#post1945034
thanks anyway for taking a few pages & numerous posts on your own thread to actually admit that its not a zero sum game (which was the only bit I contested).
anyway, kudos for hitting the nail on the head here:
most retail traders do not understand the role of all the different participants in their chosen market
...& we dont have to look far for for a shining example.
here's a gem to finish with though....
and daily target hit for the day always good to finish at lunch time lol
jeez I feel sorry for the guy who you 'recruited' recently if this is the type of attitude he has to put up with.