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Forex Day Trading

The biggest myth in forex trading is that you will make money at it, you won't. If you are considering day trading then you need to look at one key fact that will guarantee that you will lose.

This is the fact:

All short term volatility is random.

If you think about it it's obvious

dgers, large funds and successful speculators and they pay no attention to daily levels.

Where's the evidence?

You will see more day trading systems sold online than any other type of forex trading system and they all make grand claims:

80% profits per day, scalp 20 pips each day earn $15,000 a month guaranteed etc

And do they have any evidence to back up their claims? NEVER

All they produce are meaningless track records which are always hypothetical ( check their disclaimers ) and there done in hindsight!
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3.22 Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."