Casinos can be great businesses—until the gamblers run out of money.
The same may be true for FXCM, a foreign-exchange broker that mainly serves retail customers.
In each of the last four quarters, more than 70% of FXCM's U.S. accounts were unprofitable for those trading them.
I found this on Wall Street Journal
Generally it was considered less than 5%. of traders made money consistently from Market. Now my chances of survival has gone up six fold to 30%. It is party time . Cheers.
The same may be true for FXCM, a foreign-exchange broker that mainly serves retail customers.
In each of the last four quarters, more than 70% of FXCM's U.S. accounts were unprofitable for those trading them.
I found this on Wall Street Journal
Generally it was considered less than 5%. of traders made money consistently from Market. Now my chances of survival has gone up six fold to 30%. It is party time . Cheers.
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