Mo wrote me a message today while he was sitting across from me. I feel compelled to share it with you:
Rob,It would be interesting to straight out tell someone who is still new to trading the following straight out:
Forex is a risky business
You will lose money
There is no perfect system
You cannot, ever, predict the market
Your emotions will get involved as trades move up and down
There is no such thing as bad margin as a universal law
The market isn't moved by rational reasons
More information will not necessarily help you become a profitable trader
Good luck!
Good advice from a thoughtful and generous person.
