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For the few forex traders who make millions or even billions in the currency market, there are many thousands who lose, and the failures or losses can be measured by the same amount. It is a zero-sum game in which there are more diabolical traders than talented ones. Some people hedge, some speculate, and some arbitrage; brokers siphon off commissions; and there are hidden fees in spreads, rollovers, and financing charges.
With a bit of good fortune, in the short term, virtually any trading style can make you money. In longer-term trading, with spreads, commissions, and other leakages, you will find that the “coin toss” is not fair. Probability implies you will lose money, unless of course you have a fail-safe system that beats the odds. It really is genuinely difficult to consistently make money trading currencies.
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