FAP Turbo

Make Over 90% Winning Trades Now!

Sunday, November 8, 2009

Three thing about Currency Forex Market Trading your Broker is not telling you

By Rex Forte

You know when your talking to someone and you just have this instinctive feeling that they are lying to you? I have felt this way before and unfortunately for me it has happened a lot with my previous Currency Forex Market Trading Brokers. I have gotten this feeling with all sorts of communications, whether it be by phone, email, or fax. I have come to the conclusion that the reason i feel this way is because my Broker was holding something back and not telling me everything.

1. Unfortunately for us traders, the fact is certain people will definitely benefit from your trading on the currency exchange, mainly the Forex brokers. They need you to begin trading as much and as soon as they possibly can.

90% of all Newbie Forex Traders will end up i failure because they refuse to follow and educate themselves on a proven Currency Exchange system. Because of this it is in the Brokers best financial interest to get you to start trading with real capital as soon as possible.

The Forex brokers have spent millions to get you interested in this market showed that you will start trading and basically give them your money. They will make their money here you can be sure of that.

2. They all tell you that Currency Forex Market Trading is so easy, even a caveman can learn it. All you have to do is a few simple actions, but they are not telling you everything. They basically tell you all you need to do to become successful is to follow a few fundamentals call technical analysis.

There is a major problem in the fundamentals of technical analysis, and this is because every broker pushes that if you can learn a bit of technical analysis and capital management you can become successful in the Forex market.

You will never be told this but to become successful in the Forex market you need to completely understand that the Currency Prices are influenced by certain movers and drivers.

Movers and Drivers can be things such as a Country's political views, political unrest, politcal public relations and the overall appreance the country has from the rest of the worlds point of view.

3. If a Forex broker tells you that you do not need any Forex automated software than they are actually trying to get you to fail faster. The good thoroughly tested Forex Software program is as good as having an experienced Forex coach standing besides you.

You, as a newbie investor can learn a lot about this fluctuating monster of a market by using market demo software. By reading the Candlestick charts and horizontal charts that many software reports to the user on, an investor can come out on top as far as profits go.

I'm not saying all Forex brokers have ill intentions towards us as investors, but it seems that the cards all fall in their favor. By paying attention to these tips and getting a competent strategy system, a newbie investor can become extremely successful in the Currency market - 23208

About the Author:

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home