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Does anyone make money with Forex trading?

Posted: July 28th, 2010 | Author: | Filed under: Uncategorized | Tags: , , , , , , , , , , , , , , , , , , , , , , | No Comments »

Does anyone make money with Forex trading? In reality, no money is “made.” There is no wealth “created” in a Forex trade. What is created is the opportunity for international commerce, and in that commerce enormous amounts of money are made. No Forex trader will be correct 100% of the time.  A tradition, backed by  the history of millions of transactions across many markets is named the 85/15 rule. Even though Forex trading is a lucrative way of accumulating money–15% of the time.
Forex trading software,–”Forex robots”– works by attempting to identify the 15% of trades that will be profitable. The other 85% of trades will tend to not generate profit in themselves, but create profits for the international traders moving physical products from corn to petroleum, coffee or cars, computers or cloth.