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Who takes from whom in foreign exchange?

Posted: Mon Dec 28, 2009 11:49 pm
by patriotstef
Hello guys.... well if this isn't a question that defines a NOOB....

I hear that forex takes money out of some trader's hands and puts it into other trader's hands. But then there's "DRAIN THE BANKS"... so are we taking from the banks making bad trades? If you bought about $5000 lot sizes, is the market going to go up or down? If sold that much, then up or down?... and why?

Thanks for your attention

Posted: Tue Dec 29, 2009 12:17 am
by newschool