How does one go about making massive returns trading forex like the people at the top of the fxcm trading contest? https://www.fxcm.com/why-fxcm/trading-contest/
>>1757681
be one of the people at the top of the fxcm trading contest
Take massive risks and get massive rewards. That's probably the answer.
I know forex really concentrates on leverage, something like 5:1, 10:1, even 20:1.
>>1757681
Practice.
Luck, how else do you people get rich?
>>1758047
This. Take big risks, have luck, then make speeches about how good you are as an investor and get even more money.
>>1758047
there are 50X leveraged accounts on some websites
>>1759772
Holy christ, that's ballsy. Yep, that's definitely where the returns come from.
Also note that the contest explicitly says that you are out in case of a margin call. So, essentially, in my mind, this trading contest is just a lottery.
>>1759900
50x is the max allowed in the US
I've seen 2000x and > outside the US