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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:
Commodity FX (CAD AUD NZD NOK)
Discuss Commodity FX (CAD AUD NZD NOK)
When the growth of electronic trading forced mass redundancies for floor traders many turned to trading their own accounts from home base. The vast majority however phenomenally successful they had become started losing money.
Why?
Because they were previously working under a strict boss who imposed strict rules. They were not cut out for being self employed and failed to employ the required disciplines that any serious self employed business owner would understand.