A trader warns that retail forex puts you against well-funded institutions with better technology and data. He dismisses the "$500-a-day" strategies YouTubers sell, saying the market profits from newcomers' ignorance and greed. You're fundamentally outmatched.
Most wannabe traders don't even realize that when you choose trading as a business, you're in the world of finance. It's a world where you find yourself from the very beginning in a position of extreme disadvantage. You're betting against people with PhD in finance and statistical analysis and macroeconomics and IT. People who are smarter than you, has much more money than you, more experience than you, better technology than you, better information than you, and have been dominating the world of finance for centuries and specifically designed this industry to profit from your ignorance, impatience, and greed. Good afternoon. Corona financial markets are one of the most important and determining economical and geopolitical battlefields in the world. It's a constant war between individuals with inconceivable amounts of money. And you think that a $500 a day forex easy strategy of a young YouTuber will help you? Come on, you have to start being smarter than that. Speaker:Kardec Trader. Shut the fuck up.
