"Some would need to forget what they were told about Forex before"
Whether you are a person who just heard about Forex opportunities and is trying to learn what stands behind this lucrative business, or a trader who has tried Forex trading already and got the first bumps and bruises and now is looking for answers "Why", this True Forex crash course is for you.
Ever saw on TV, in the ads, on the websites, on the street: "It is time to make real money! Start trading Forex!"
"Learn how you can make income by trading currencies, it is easy and we'll show you how!"
"Are you up to a new career? Forex trading could be just what you need?" Etc, etc.
Well, yeah, get up, and start making money trading Forex, quit your day job soon, become wealthy the way you always dreamed about... Why the heck then everyone is not a millionaire by now? Hmm, interesting, right?
If it sounds too good to be true, it probably is.
Not that Forex trading is a scam, it is not. Forex is a legal global market with serious participants like banks, large corporations, hedge funds and other large and small financial institutions. It is a serious business with trillions of dollars turnover a day.
By the way, if you need some general introduction to Forex, review this: What is Forex?
What everyone is hiding from you is that making money in Forex for individual participants like you and me is so difficult that you are guaranteed to fail during you first 2-5 years of trading.
Good perspective, huh? But no one wants to believe that. Despite being told that 95% of beginner traders fail in Forex, everyone is confident that they won't be among those losers; instead they will join the remaining 5% of successful traders... How silly is that?
"Oh, I'm smart, I can trade Forex" - I hope you change you mind after reading about Forex traders' false hopes.
Sunday, March 22, 2009
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