PipStop

I have problems with some things that are perpetuated about trading Forex. One is the 95% failure rate that I hear way too much - especially since I don't hear of where that number comes from.

And I saw it again today on a blog that is trying to do something. Sheesh. The rule of thumb in zealous promoters of the Forex market seems to be - "that sounds good, but how can I make it sound better?"

There's also the thing about $1.5 trillion of daily trading volume in the Forex market - or was that $2 trilion, or $2.5 trillion? Trading Post uses $1.9 trillion which is the last substantiated number put out by the Bank for International Settlements a few years ago.