anybody here do forex trading and have managed to get consistently high returns? wondering why nobody talks about investing there if its easy to make money (is it easy to make money?) i’m a complete noob at this and was super skeptical about investing until i put some money in a relatives EA trading bot that gave me 157% annualised returns over the last 10 months. searching online forums i see a couple of traders have gotten similar returns consistently too. why isn’t forex trading mainstream then?
Bitmex
Gambling is very popular...
Forex is mainstream, but it tends to be highly speculative and therefore the pros domain. Pros make big money here! Congrats on your returns! I traded Forex back in 2008, and again in the Covid crash, it works, not gambling but you gotta know your macro-economics, it's super stressful, I better try your bot!
The market can stay irrational longer than you can stay solvent
What’s the bot
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Bc the loss can exceed your collateral.
You mean there may be unexpected events and the bot may not know to cut losses in time?