This Is Forex People – Pea Shooters Down

This is Forex –  people.

The volatility here will chew through your account like a beaver gone mad. For those who fancy
themselves “a cowboy” please say it 5 times fast- “account liquidation, account liquidation, account
liquidation…”

Seriously though, the study and practice of currency trading provides some serious insight into
market movements as a whole, and can offer valuable, tradable signals – well in advance of turns in
equities. It’s the most liquid market on the planet dwarfing daily volume on the NYSE by more than
200:1 and trades 24 hours a day, so if you like the feeling of sand in your eyes – you can watch the
“candles dance” well into the night.

I do well here – as to not wake up to morning news headlines of some CEO caught with his pants
down in an alley, or another brokerage gone bust. Sure you’ve got a couple of Central Bankers sitting
at the table with some serious chip stacks, and their printing presses in the hall – but we can
deal with that, as they’ve already more or less gone “all in”.

Its big, it’s scary, and it’s funner’n hell – so put your pea shooters down and buckle up!

Let’s go make us some pesos.

Kong…gone.