I think that's just how large groups of humans work, in lots of areas of life, and the financial system is designed to control the majority and empower the minority. Humans are designed to follow the herd, believe in leaders, listen to authority, and take short-term gratification over long-term reward. And the stock market is a psychological trick played on the unwitting by the more powerful, which uses our biases against us. If you're of a certain anti-authority questioning mindset and understand some of the practices employed by the powerful then I think you can prosper in that environment
Yes, that was my lazy use of language. I often assume people know what I really mean, when they probably don’t. Of course I don’t think humans are designed. ‘evolved to be’ would have been better language. And yes, markets likewise - a complex system which has evolved in a certain way. Which powerful actors can exploit to their ends. Yes the profit on private investor trading is huge. I’m out atm but do a search for Citadel and you’ll see their *profit* on PI trading flow is in the billions of dollars.
Anyone care to have an educated guess as to if the euro will get stronger anytime soon or if i should cut my loses?
I use II but they're not the cheapest if trading infrequently. Here's a comparison table.
Does the picture work for anyone else? (works for me on chrome)