I used to get defensive when people suggested fx was just gambling. Partly because they don't understand we control the risk, don't bet the farm and likely wont lose everything, but also because I've never been a gambler and don't get a kick out of ups and downs - it's simply work.

However the last few months I have started to wonder. It seems to me you can rely on news,indicators, intuition and common sense and STILL be wrong 4 times out of 5. I went through a bad period in the gamme from about August to November when absolutely nothing I did ever worked. It was lose lose lose.

It may be because I was experimenting with different ideas, and now I've found better ways to control my losses (and suck em up); but I still feel that every time we enter a position, we are throwing ourselves at the mercy of cruel gods.