I heard there is an elderly lady who has made over 600 winning Forex trades in a row. Anyone know about this?
Question:
Answer:
1. If its true, she must be super human thus cannot be imitated
2. If its false, the one that circulated it maybe in a mental hospital
3. So dont sweat it.
4. Trust yourself, follow your heart.
5. If your eye is single, your body will be full of light.
Just another urban myth circulated by the folks who offer Forex trading.
See http://biz.yahoo.com/fool/061019/1161271...
Extract from this article last Thursday:
According to managers of day-trading firms cited in a Washington Post Magazine article, about 90% of day traders "are washed up within three months." David Shellenberger of the Massachusetts Securities Division has noted that "most traders will lose all of their money." A principal of a day-trading firm even admitted that "95% will fail in the first two years."
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