Van Tharp talks about the forex market
Van tharps email and online newsletter talks about level playing fields and the forex market. He lists the advantages and disadvantages of trading forex...
http://www.iitm.com/Weekly_update/We...ct_14_2009.htm
and concludes
"The bottom line is that the retail forex market is still a bit like the Wild West when compared to other markets. This uneven playing field means that the edge provided by your trading strategy has to be even bigger than normal.
Until we’ve found forex firms that address the “uneven playing field” issues, we think it is more prudent to trade currencies on the futures exchanges such as the CME"