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    with different investment objectives.

    The major groups can be summarized as follows:

    Central Banks – Trading at key levels to push currencies up or down.

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    Perhaps the biggest myth of FOREX Trading is you can make money with day trading systems.

    Day trading systems make money only for the people selling them and the investors who use them, simply lose their money and lose it quickly.

    If you want to know why read on.

    The Logic

    Day trading logic is based around the fact that you can make money by predicting where prices will go in a day, or even a few hours.

    The reality is:

    All short term volatility is random, which is of course common sense to everyone but day traders.

    Think about it:

    You have trillions of dollars traded each day, by millions of participants all with different investment objectives.

    The major groups can be summarized as follows:

    Central Banks – Trading at key levels to push currencies up or down.<

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    e investors who use them, simply lose their money and lose it quickly.

    If you want to know why read on.

    The Logic

    Day trading logic is based around the fact that you can make money by predicting where prices will go in a day, or even a few hours.

    The reality is:

    All short term volatility is random, which is of course common sense to everyone but day traders.

    Think about it:

    You have trillions of dollars traded each day, by millions of participants all with different investment objectives.

    The major groups can be summarized as follows:

    Central Banks – Trading at key levels to push currencies up or down.

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    the fact that you can make money by predicting where prices will go in a day, or even a few hours.

    The reality is:

    All short term volatility is random, which is of course common sense to everyone but day traders.

    Think about it:

    You have trillions of dollars traded each day, by millions of participants all with different investment objectives.

    The major groups can be summarized as follows:

    Central Banks – Trading at key levels to push currencies up or down.

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    hich is of course common sense to everyone but day traders.

    Think about it:

    You have trillions of dollars traded each day, by millions of participants all with different investment objectives.

    The major groups can be summarized as follows:

    Central Banks – Trading at key levels to push currencies up or down.

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    with different investment objectives.

    The major groups can be summarized as follows:

    Central Banks – Trading at key levels to push currencies up or down.

    Large speculators – Looking to make money for themselves or for their clients.

    Hedgers – Interested in offsetting risk.

    Small speculators – Everyone else, who does not fall into the above groups.

    How many of these pay attention to daily levels or ranges?

    A tiny minority of losing day traders.

    As volatility is random in short time frames and prices can and do go anywhere, using daily support, resistance or pivot points is a futile exercise.

    So why do people buy these day trading systems?

    Basically, because they have good sales copy and appeal to the greed of investors.

    The only people who win are the ven

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