J Allen @JTio: How bad are the forex markets being manipulated by big banks?
ANSWER:
Here are the things NOBODY should trade.
– Houses. House flipping is OVER unless you are going to totally rebuild a foreclosed house by yourself and even then I’m not so sure.
– Stocks. For reasons I list here and here.
– Spouses. Too expensive. Too much stress. Try to avoid.
– AND MOST ESPECIALLY: Forex/Currencies.
Every currency, the value of every penny in your pocket, is massively manipulated by governments, by enormously wealthy families hedging international risk, by forces we have no idea even exist, by mega-banks that have so much cash in them hidden by corrupt governments that we can’t even imagine how poor Bill Gates is in comparison.
And then there’s you. With a whistle. Whatcha gonna do?