” Forex Scam, True or False ”
Recently I had exposured a lot of people getting interested to the Forex market through some third party such as Forex brokers and friends of theirs who used trading program to make money. I feel it’s necassary to let the viewer of our page to alert of such things
1.) Introductory Broker –
Recently there has been a lot of introductory forex brokers marketing their package to get customer to open account with them, with the promise they will pr
2.) Trading Program by Friends
I also saw a lot of people posting their profitable trades showing they make a lot of money from their trading on Facebook recently, and ask others to contact them.
To be truth, I am not against using trading program to do Forex trading but one must be experience enough to do manual trading before using trading program. Trading program is always a “Holygrail system” in the Forex world, and countless people lost their way in search for the perfect trading system. When the trading program fails, the trader will get lost and no trading experience will be learn.
I would like to emphasize that Forex trading is not a “Get Rich Quick Scheme” and no beginner will become very successful unless they are properly train in the field of trading. Successful traders take years of experiences and discipline training to even become profitable consistently.
Although there are some trading program really do deliver profitable traders to the user, but ask yourself what are you missing out by letting program do the trading for you? One year of 100% profit in money but one year of loss potential knowledge and experiences?
I am not single out any party or person that get involve with these kind of scam, but just want to alert people who are beginning to take interest in Forex trading knows what are the proper path to become a consistent profitable trader. Just be alert and good luck on your journey.