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Originally Posted by Lewis
Just another quick thought eribrav: it actually makes no difference to me or anyone in the forex trading business how well or badly anyone else is doing. No-one can influence my earnings (or losses) other than me. I have learnt the hard way that what you put out there is what you get back. If you believe it's going to be difficult, it will be, and vica versa. This business takes a certain amount of 're-programming' of established and useless beliefs about life that are drummed into us from an early age. I know for myself, that my life changes in all areas according what I am feeling, thinking and believing inside - just as it does for anyone else.
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Ok, since I don't trade FOREX, you'll have to fill me in on one thing.
When you trade equities, it is indeed possible for "everyone" to win, in the case of all the owners of a rising stick. In the very short run, trades tend to have a winner and a loser; somebody is making money and someone else is losing. In the options market, where I also trade, it is truly a zero sum game. If I make a dollar, someone else lost it and vice versa. So can everyone win at FOREX at the same time? Isn't there always going to be a losing counterparty on the other end of your winning trade?