Originally Posted by saru

forex is a zero sum market, because for every winner, there is a loser...someone, somewhere is biting the bullet on your gain. for comparison, equity investing is a positive market, since there are more winners than losers i.e. companies have cash earning to distribute to investors.

but, by no means, am i saying its a difficult market for speculation. i love trading forex myself and have made some nice gains in past years. in fact, i think its a great market for individual traders like you and me for a couple of reasons: 1. its incredibly liquid and pretty immune to the actions of big players (at least for the major currencies) and 2. you can make consistent wins as an individual speculator, since many of the players are big corporates/banks just following currency hedging strategies.

i'm always looking for good forex websites. there are so few quality sources of information. have you come across anything worth bookmarking?