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Showing posts from January 29, 2019

The Hidden Secret Behind Your Signal Provider.

Get some sense: Until you learn to trade the Forex market outside the way the brokers  presented to you, you'll keep loosing money till you lost all your life savings, When You hear them tell you that Forex is a risky and that you can lose all your invested capital,it is so because they know man has a greedy nature and even with the so-called best analyst, you will eventually loose your funds into their pockets. Forex trading is not all about Technical analysis and fundamental analysis, its all about your mind my Friend. They are many great analysts and third-party services out there; you just have to make sure you pick the right ones. A whole community of professional technicians, economists, and analysts exists to service the institutional trading industry. providing innovative trading ideas or market advice.  The difference is that they make their money through their calls (reputation) not through your trading (by getting referral money from the broker). I hav...

Your Broker - A Marketing Machine.

Get Some Knowledge: Traders have to realize that behind all of the smoke and mirrors retail FX brokers are, above all, marketing machines. The more accounts they open, the more money they make. Because the average survival rate for traders is so low, in order to survive they need a constant flow of new or returning clients, and although some brokers may claim to have over "50K+ clients" in reality the vast majority of those accounts have been dead for quite some time. The actual figure is probably closer to a 10 % retention rate, and even the people running the trading houses have no problems discussing the dreadful odds their clients face. According to Drew Niv. chief executive of FXCM, "If 15 % of day traders are profitable, I'd be surprised.'" To secure this constant flow of clients, brokers spend vast amounts of money on marketing schemes that I am sure you have been the target of in the past. They will try everything from huge internet advertisin...

Why You'll Never Make It In Forex.

Are You a Forex Trader. Read This: I want to believe you've had a fair share of the Forex market, or you're yet to taste the beautiful space of trading in the currency market, Over the years I've met very few successful Forex traders who have made at least 1/2% everyday successfully with a different methodology in currency trading,and it has really created a huge impact in my financial lives and trading in general. We all want to live a life full of financial troubles, travel around the world, sleep in the best hotels and live a luxurious life,and deep within us we see that trading the financial market will make that dream a reality,only to keep seeing streams of loses and getting that dream shattered.   Don't give up too soon because you've Just taken the right step in flipping into this page and you're about to make that dream a reality. I have traded over the years for institutions, banks,private portfolios and many big companies all in-house till ...