The False Expectations of the Forex Market

Trade with logic #1 Key Points

A Professional Trader – A full time trader that works at either an Investment Bank or Hedge Fund.

The objective of a Retail Trader – To make money trading, utilizing their own money as capital, therefore the function of a Retail Trader is more closely aligned with that of a Hedge Fund Manager than a Professional Trader at an Investment Bank

The function of Professional Traders is widely misunderstood by the Retail Traders. This is due to misinformation distribution in the media and “Trading Educators” that have never been exposed to Professional Traders and have a structural conflict of interest with their Retail Trader students (through IB agreements).

Retail Traders need to be aware of this conflict of interest before they begin to trade. – Firstly, you need to be aware of the COI to determine firstly if trading is for you, and then secondly once you understand the parameters, you can learn how to operate effectively within them. When you do this, you stand a much better chance of making money over time.

Professional traders need liquidity on the other end – This means 99% of the public population needs to be led as sheep to provide this liquidity to close their orders. Hence the reason why misinformation exists.

Income in trading does not exist – All professional traders have a salary. No one in the professional world gets income from trading… literally no one. So why do retail traders think they can trade for a living? It’s due the misinformation pushed in the media to give people what they want to hear. A way to get rich by sitting in front of a computer/ on their phone and following a few patterns, clicking buy and wealth is around the corner. Playing on people’s desires is what has formed this toxic environment for Retail-Traders. Unfortunately, every professional trader knows that income from trading isn’t true and that’s why they have basic salaries. If trading for income doesn’t exist in the professional world, why should it exist in the retail world? Very important principle to take on board, as it will completely change the way you view the market and align it with the professional (successful) approach – The market (more specifically the market volatility) dictates the opportunities you have as a trader over any given time horizon. You don’t tell the market how much money you can make in a day, week, month or year. The market tells you. This is what the professionals know, and the retail-traders don’t.

A trader’s job is to be a slave to volatility – If the markets don’t move, you don’t make money.

Platforms are for execution only. – People view their trading platform as some sort of resource that is going to make them money. It’s not going to make you a better trader. What makes you a better trader is being able to use fundamental resources used by professionals, not talked about in the mainstream.

We must aim to predict the future, not react to the present. – Professional traders aim to predict the future, whilst the public (sheep) react to the present. Every single day is the same situation.

Retail trader must start in trading as a hobby and make money first with no support except their own work/ processes. The aim is to be self-sufficient, and then look for technology to make processes a lot more efficient and effective – we will discuss this more later.

In summary:

  1. If you’re going to use your own money to trade be under no impression, it’s an income. All professional traders have basic salaries, you should have one too. You should maintain this basic salary.

  2. You should initial trade to begin with as a hobby.

  3. When you get good, at some point in the future, it may become a viable profession. But as it stands, as you’re not a professional trader… keep you basic salary & protect your downside wealth.

  4. Do not take income from your trading account.

  5. Do not take more risk when you’re losing.

  6. View your trading account as an asset in itself, with the aim to increase its value in your life time up until retirement, or even the day you die.

  7. That asset is linked to your balance sheet. Its value is completely dependent on your performance as a trader. So, if you’re good you increase its value and have an option to put more money into your trading account. If you’re bad, you don’t reinvest in that strategy. You try to get better, and when you get better you have the option to invest more money.

Upgrade your membership to access multiple currencies in the LogicStrategy™ proprietary trading system .

42 views0 comments

Recent Posts

See All

Do you want better trades?

Hey, we're Logikfx. We're determined to make consistent trading a reality for all. Get email notifications of all our up-coming trade ideas and much more. The question is, are you ready?



Logikfx is a leading source of financial trading education, technology and indicators, ranging from macro currency strength to forex and stock related videos, articles, webinars, and courses.


Featured as a 'Top Trading Platform Company in the UK (2021)' - by Daily Finance


Nominated as ‘Best Forex Education & Training UK 2021’ - by Global Banking and Finance Review


Nominated as ‘Best New Forex Education & Training UK 2020’ - by Global Banking and Finance Review

Macro Currency Strength Meter ranked as 'best automation tool for retail traders' - by E-Forex Magazine

©2017 - 2021 Logik Fx Ltd




The Colmore Building, 

20 Colmore Circus Queensway, 


B4 6AT 

United Kingdom

Business Hours

Mon - Fri: 8am to 11pm

Sat: 6am to 11am

Sun: Closed


Trading in securities can lead to significant losses, that may exceed your initial investment. You should seek advice from a licensed professional to determine if trading is for you. Logik Fx Limited is not an investment advisor. Further, owners, employees, agents or representatives of Logik Fx Limited are not acting as investment advisors. All persons and entities (including their representatives, agents, and affiliates) contributing to the content on this website are not providing investment or legal advice. Nor are they making recommendations with respect to the advisability of investing in, purchasing or selling securities, nor are they rendering any advice on the basis of the specific investment situation of any particular person or entity.


All information on this website is strictly informational and is not to be construed as advocating, promoting or advertising registered or unregistered investments of any kind whatsoever. All of the information on this website is for educational purposes only and is not to be construed as investment or trading advice. ​For the full disclaimer click here.