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Spend 5 minutes to consider it, robbing a bank is not too hard in case you planify it well, with a few thousands dollars it is possible to rob a small bank during the night, once planify it during a month, and find a Risk Yield Ratio better than the RRR which you would triumph in Forex in precisely the exact same period.
I truly believe winning cash robbing banks is easier than eventually become profitable in Forex in the long term. What do you think?
Actually begging is quite profitable also. Make sure that you go some crowded areas, make yourself look pitiful, and sit whole day doing nothing... can be very profitable for no job done.
To me personally crucial issue is risk V reward.
My maximum risk in Forex is losing my account and time spent. My benefit is financial independence.
My risk when it comes to robbing a bank is reduction of freedom and possibly even life (shoot out, what not). My maximum potential benefit is financial independence.
Same upside down, very dissimilar downsides.
That said, bankruptcy and electronic burglary are adequate, very low risk, approaches to rob a bank.
You think that you can steal water.
Well begging is difficult also. Just imagine, the beggar must behave looking pathetic for the whole day and take a while in the end of the day while professional actors behave just for a couple hours and get countless.
Trading forex is the greater of the two since you still get a chance to recover your losses while robbing a bank has you several years .
This question misses the point completely.
Smart individuals = May rob a bank successfully and/or make profit from the FX market
Dumb *ucks = Gets caught while robbing a bank and/or stinks account while trading FX
Smart Person Robbing a bank: Already somewhat successful in other endeavors in life, edued. Gets a routine of the bank. Studies the design cautiously and decides where to put crew whilst heist is in progress. Studies that the time the cash book renders the bank Studies in what times of the year along with the afternoon the police respond the slowest to prosecution. Determine the entry time for robbery and also the exit time. Studies individuals's plogies while getting robbed. Tries to use it to advantage. Studies each robbery gone wrong in a case by case basis and attempts to determine what went right. Stays ahead in the safety game by looking at the safety market news each day. Looks for newest safety apparatus. Puts the bank under surveillance for more than a year. Tries to find weak links. Tries to find repeating patterns. Finally assembles a crew and keeps repliing the heist 1,00 occasions to perfect it. The whole crew can do it off. Each person knows the name of their security guards by heart, knows the name of their managers dog. Can react to any change in situation. Assembles weapons, robs the bank. Gets away. Doing FX: Studies FX forums. Can soon differentiate between noise and signal. Probably already great in some other area that required probability. Eg: poker, particle physics. Finds a system together and edge. Know the fundamentals and its consequences on the prices. Studies market plogy. Makes friends with other capable trades (online or real life) Keeps demoing his or her system. Researches his indiors very very well. Could write the code to get it blindfolded. Understand chances really well. Probably understands the whole Schrodinger's Cat theory. Demos for quite a while profitably. Finally gets in the match. Buys a yacht and can be bitching about democrats levying high taxes on caviar.
Dumb Fuck Robs Bank: Tells all his buddy he's going to become rich soon. Watches Ocean's 11 and some Fast and Furious movies. Decides to wing it. Spends great time determining what is the best gun to use? Convinced that there's a secret sacred grail code plan that can be used to rob any bank successfully. Assembles a crew of friends. Does not find the need to practice the heist before hand. Does not have the routine. Has no idea about the bank's vault, safe, loion of these surveillance cameras etc.. Tires to do the heist in style. Spends life sucking another inmates dick. Does FX: Tells wife it is a good idea to put their life savings in FX. Watches Wolf of Wall Street or Wall Street or any dumb Hollywood movie. Decides he can exchange. Picks a system predied on coolness of the name. Spends a lot of time asking what's the ideal indior? Participates in a lot of threads such as: Can we really make money trading or is it too hard? (Irony! Or whatever) Does not demo. Loses life savings. Comes to child's birthday in ex-wife's home. (Cause she left him and married another man, but won custody of their child.)
You overlook the filthy, disgusting outfits the beggars need to wear in order to look bad and even the props they have to wear to look disabled in order to look sympathetic and have to brave the harsh weather (such as -30 degree celcius from the cold in Canada) in virtually all day only for a few cents a day
Yes I concur trading fx is a lot simpler. At least you can stay inside safe from the harsh elements.
I share your opinion, the consequences for robbing a bank is triple when compared with the person from trading forex. Tarnished picture! Convicted! Isolated in the term social! But in forex just your funds that you can always compensate for in way or the other. But I get your point , not really simple to create profits in forex.
It depends upon who you're asking?
Don't overrate intellect in every facet of life. Smart folks fail and dumb folks may learn from mistakes
exactly like everyone else.
Worth a glimpse....
Time for a pop quiz. Try before reading on to address this issue. Jack is looking at Anne, but Anne is looking at George. George isn't although jack is married. Is a married person looking at an unmarried person?
Yes No Cannot be determined
http://kurtkleiner.com/stories/ut.wh...id.things.html
and....
11 Very Smart People Who Have Done Very Dumb Things
http://www.buzzfeed.com/alexnaidus/v...ry-dumb-things
So to answer the first query; in whatever you try to perform you may pay a price. Should you
think that you are smart enough to rob a bank and get by with it, are you going to be happy living undercover
and likely not being able to completely enjoy your new riches.
And what price are you truly keen to pay? If it takes 6 or 5 years to learn to trade with exceptional profitability is that greater than the 5 to 20 years you could get (in prison) in case your bank plan collapsed.
idk.... However, I like my freedom such as it is.
Have a great day
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