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whtat are the disadvantages of forex?
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[QUOTE="hyperscalper, post: 77082, member: 21266"] [b]Forex is less Risk than Futures[/b] I completely agree that Forex does not have disadvantages relative to other areas of trading. On the contrary, Risk Management through multi-entry Cost Basis Averaging is up to 100 times better than in FX Futures. CNBC doesn't push Forex. The big firms are in Stocks, Futures, Options, but who takes Forex seriously? Well, it should be taken seriously as a solid trading area alongside all of the others. In fact, Risk Management is one of the strongest areas in which Futures traders (Currency Futures, at least) should move out of Futures, and into the much more manageable Forex spot markets. I used to provide software to Futures guys, and they all blow out because they are simply operating with Risk levels which are too high. Forex would allow FX Futures traders to manage Risk on a much finer grained level, and that is really not understood by the average trader watching CNBC on TV. Good Trading ! HyperScalper [/QUOTE]
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