Forex is like the other forms of investment that exist in the business world. However, in my opinion forex trading now is a land that has a long term and cannot be seized by any competitor.
Hopefully the following analogy can help readers to understand the above statement. Mr. Ali is a broiler entrepreneur. Every three months he get benefits from his efforts 30% or more. Seeing his highly prospective efforts, Mr. Ahmat came with a pack to try in the same field. He even poured a large amount of capital more than Mr. Ali had.
Mr. Ali and Mr. Ahmat above both compete to seize the same market and certainly to benefit from their efforts. With a better strategy, Mr. Ahmat can now capture his market share and benefit from Ali. Consumer of Mr. Ali turns to Mr. Ahmat. Mr. Ali increasingly diminished the consumer so that the profit earned less than 30% as before the Mr. Ahmat.
There are principles when we invest in a product that has good prospects, and it proves good that there will be a new competitor in the same product and can reduce the number of consumers (because they are switching to another), and the profit we usually get before the new competitor comes.
This is different from foreign exchange trading, which is cool forex. The products of Forex is money. The prospect is also very good in the future. Anyone can enter it, and in my opinion, in the forex our competition is not to seize the same market, but what happens in forex is how to create the right system and strategy to achieve maximum profit from the market.
Mr. Ali and Mr. Ahmat will not elbow each other in grabbing the same market to achieve maximum profit and sacrifice the other (the rich get rich, the poor add poor), but both can complement each other to win the same market, make profit with the capital they have.
For me there is no end to forex in the future because the internet is getting more and more sophisticated. Forex for me is a land that cannot be seized by any competitor.