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Trading Commodities, Commodity Options and Currencies (Collection) by Carley Garner, Paul Brittain

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4. Is FOREX the Currency Casino?

Whether you are trading stocks, bonds, futures, or FX, one thing remains constant: the market will be what you want it to be. For instance, if you are trading for the adrenaline rush, there are certainly plenty of opportunities to abuse leverage and place speculative bets with large potential rewards but equivalently dismal odds. On the other hand, if you are the type of trader who is simply looking for a speculative vehicle to take calculated risks accompanied with positive odds of success, the markets can be that too.

In the spring of 2011, the FX markets had already experienced a decade of exponential growth followed by a few years of U.S. regulatory bodies pulling in the reins on the industry. In April of ...

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