This goes out to anyone interested in Forex Trading:
If you have been searching for a forex guide to help you in your forex (foreign exchange) trading efforts, or you just want to make extreme profits from it, please know this…
It’s a B*tch. Why?
Well, if you’ve been struggling to make money with forex as it is, here’s the possible reason (from Wikipedia):
The forex market is a zero-sum game , meaning that whatever one trader gains, another loses, except that brokerage commissions and other transaction costs are subtracted from the results of all traders, technically making forex a “negative-sum” game.
These scams might include churning of customer accounts for the purpose of generating commissions, selling software that is supposed to guide the customer to large profits, improperly managed “managed accounts”, false advertising, Ponzi schemes and outright fraud. It also refers to any retail forex broker who indicates that trading foreign exchange is a low risk, high profit investment.
Forex is not the same thing as the Stock Market. Unlike the Stock Market where really anyone with stock can make money, the forex is zero-sum; which translates to this:
Some win: Others Lose. Plain and simple.
According to the National Futures Association: “As stated at the beginning of this program, off-exchange foreign currency trading carries a high level of risk and may not be suitable for all customers. The only funds that should ever be used to speculate in foreign currency trading, or any type of highly speculative investment, are funds that represent risk capital; in other words, funds you can afford to lose without affecting your financial situation.“
So if you’re still really interested in making money with Forex, then I have reviewed different forex trading guides, that you can check out for yourself.
Hopefully you found this post helpful, and will do something with it.
- Coty Schwabe
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