i beg to differ with ur statement above..
there're a lot of ppl in Malaysia who are SMART enough to trade forex in a SMART way..
this is my opinion..
1. those who depart with their money of more than USD5k and use unregulated broker to trade
is a F.O.O.L TRADER..
2. those who depart with their money of more than USD5k and use new regulated broker without any good history
is consider a F.O.O.L TRADER..
3. those who depart with their money of more than USD5k and use regulated broker with good history, such as Dukascopy, Migfx, etc, etc to trade
is a SMART TRADER..
4. those who depart with their money of less than USD500 and use unregulated broker to trade is
not consider a F.O.O.L TRADER..