Sunday, November 29, 2009

Who really makes money on the Forex ?

You may have asked yourself, who the hell makes money on the Forex?

There are millions of people trying to give advices, and thousands of companies offering you the lowest commission fees if you trade with them. You will find thousands of books explaining different strategies on how to manage risk or how much you should invest in each trade.

The answer is quite simple. You can't make money on the Forex. You may find strategies working for a while, then another, then the probability that you end losing money is around 99,99%. Not because you will make a mistake but because YOU CANNOT PREDICT THE FUTURE! Meaning YOU CANNOT CALCULATE THE RISK YOU ARE TAKING WHEN INVESTING.

You can however calculate the PROBABILITY of risk you are taking. But if you want this risk probability to be truly efficient, YOU NEED INFINITE MONEY DURING AN INFINITE TIME PERIOD !!!

Then going back to the question, who makes money ont the forex?
The answer is: YOUR BROKER! And all the people writing book, blogging about it, selling financial letter containing advices.
The belief that your money can work for you is wrong. It will first work for those to whom you gave it and then, if they got a winning lottery ticket, it will work for you. Remember, It doesn't matter how much math you put in your trade/order, it's always gambling.

You may say that everything in life is strongly luck driven, so why not play Forex?
Well, in this case I leave you the answer.

Switzerland ban minaret

Today Switzerland voted a ban on minaret construction, making it illegal to build. This is probably the most obvious proof that rich country doesn't mean wise country.
Especially when we know how much of Muslim wealth is being managed from it's financial institutions. This is a good example on how people can differ in their opinion and believes within one nation. Many American where ashamed of their former president Bush, well now many Swiss are ashamed of their own neighbor. Because more than in any other country in the world, this vote is people's choice. This time the Swiss did not follow their government advice. Well, if at least we got rid of churches bells at the same time it would have made things a bit more fair.

Simple Question

What if ?

What if information becomes freely available everywhere at anytime?

What if we dont need humans anymore to always keep that information free and available?

What if we actually don't need each other anymore because we are less efficient than machines and computers at helping us in every task of our lives?

What if we are not born for a purpose, except for our parent's natural need?

What if we all struggle to find our place in a society that don't need us, because they need a client not a worker?

What if true innovation didn't exist?

What if innovation was simply the fact of separating things that were together and free at first?

What if our salary was based on people disinformation?

What if each time we were cheating death we were firstly cheating our own self?

What if the world we live in today is simply the result of the second world war? Do you believe someone born in 1900 would stand staying behind a desk in front of a computer all day like most of us today? Who knows...

What if people were writing what they believe you're ready to accept, what if everybody's objective was to influence you in order to use you?

What if the people were not even aware of their own behavior as leader or follower?

What if those questions were in every mouth and every hear?