Monday, May 11, 2009

Forex Scams, Forex Myths, Forex Truths By Bill Poulos

Bill Poulos Alerts You To Forex Scams - Forex Truths. How To Actually Profit In Forex With Today's Forex Market

Don't Believe This : The Forex industry needs you to place as many trades as possible


If you actually placed only those trades that had the highest probability of success, then that means you'd be placing FEWER trades which means... the Forex brokers would LOSE MONEY in the trades you're not making! Click here to learn how you can take control of your Forex market Profits and Keep your Forex Profits Growing

Go on placing as many trades as possible, or letting "robots" churn & burn your portfolio... and it's "cha-ching!" for the brokers.

Become an independent Forex trader photoYou see, the Forex brokers make their money on what's called "the spread". Technically, it's the difference between the "bid" and the "ask" price... but it boils down to this: "the spread" is basically the Forex brokers' profit from every trade you place...And they make that profit whether your trade wins or loses.

So it works like this:
Your trade wins... your broker WINS.
Your trade loses... your broker WINS.

It's frustrating, especially when you understand that your broker really doesn't want you to make smart trades - they just want you trade. Period. again & again... as often as possible.

Well... for you that frustration ends right now... right here.

Your original question was, "Why am I still losing in the Forex markets? Why can't I figure out how to get an edge over other traders and actually make a consistent profit?"

There's one big reason you still don't have the Forex portfolio you truly deserve.

It's all because pretty much everything you've heard up 'til now is dead wrong. You're losing in the Forex markets because the information you've been relying on is bad information.

Some - like the "NO LOSING TRADES, EVER!" systems-peddlers - blatantly lie to you... others - like your friends - just repeat the lie they believe to be true.

Fraud or ignorance. Either way, years of misinformation is largely the reason for the way your portfolio looks right now.

The 5 big truths of permanent Forex freedom & independence

WARNING: These Five Truths Will Contradict Everything You Thought You Knew About Trading Forex. So... Prepare Yourself...

You need to place higher-probability, lower-risk short-term trades to take advantage of the "mini-trends" that happen every day. Most people take a "buy, hold, & pray" approach to trading and literally watch profits disappear before their eyes because they can't capture "mini-trends" that way. The truth is that you can create more profit potential than you ever thought possible when you discover how to place a series of "laser-targeted" trades aimed at taking a profit in hours or days instead of months, years, or decades Click here to learn how you can take control of your Forex market Profits and Keep your Forex Profits Growing

You can make money when the markets go up OR DOWN.
Most people think "going short" is risky. But on the contrary, when you have a good trading method, NOT "going short" can in fact be more risky. Many individuals and uninformed "gurus" (especially cable TV "talking heads") avoid "selling short" because it's easier for them to talk about what to "buy & hold". The truth is that when you learn how to properly "sell short", you have essentially doubled your chances for success in the Forex markets... and you also have the capability of turning otherwise losing trades into net winners.

Stop listening to the so-called "gurus" who give you "hot tips" on the financial cable shows. Instead, follow a specific, step-by-step trading method that tells you exactly what to do, no matter what happens in the markets. This removes all the stress and strain normally associated with trading, and makes it an enjoyable activity. Ultimately, the "gurus" and brokers are salespeople. Their job is to sell advertising or collect the "spread". Their job is NOT to make you successful. The truth is that when you have a set of trading rules that you can rely on again and again... you are finally in control of your portfolio (maybe for the first time in your life). Click here to learn how you can take control of your Forex market Profits and Keep your Forex Profits Growing

Spend as little as 20 minutes a day placing your trades, and then go and enjoy the rest of your day. There's absolutely no need to sit in front of your computer, stare at charts, and watch every tick of the market. You'll get burned out, stressed out, and worn out. And that will cause you to make portfolio-damaging decisions. Only inexperienced traders (a/k/a net losers) feel like they're missing out on opportunities if they don't trade all day. The truth is that when you know WHEN and WHERE the best times and places are to place your trades, there's no need to waste your day (and your life) fumbling around with chart after chart. Click here to learn how you can take control of your Forex market Profits and Keep your Forex Profits Growing

Learn how to manage risk on every trade BEFORE you even place the trade. Most traders think about how they're going to make a profit first, and then consider managing risk an optional afterthought. The truth is that the first thing you should do on every trade is to manage risk so that you are fully protected no matter what happens... only then should you think about the next steps toward taking a profit.

Now that you know the truth of how your Forex trading was sabotaged before you even started to trade...
Now that you know what not to do if you ever want to achieve success in the Forex markets...

It's time for you to know what you must do to achieve FREEDOM trading Forex... and become an INDEPENDENT Forex trader for life. Click here to learn how you can take control of your Forex market Profits and Keep your Forex Profits Growing

What you must do to finally have control of your trading, so you know what to do every time, no matter what happens in the markets.

Yes... we're talking about the quickest, most efficient way to achieve FOREX FREEDOM in less than 20 minutes a day while shielding yourself from risk...

ESPECIALLY if you are inexperienced and have little time.
How can I make a claim that bold & specific?

Simple...I can make that claim because it's the truth.

Those who copy my trading philosophy have the opportunity to enjoy a newfound independence in the Forex markets... many for the first time in their lives.

Forex black box picture
This might shock you, but I'd say at least 90% of individuals attempting to trade Forex are DEPENDENT traders. That is, they depend on someone else to make decisions for them...

They depend on mysterious, "black box" systems that look good on paper but usually annihilate their portfolio...

They depend on media "talking heads" who smugly tell them what to buy, but seldom, if ever, tell them when to take a profit... and almost NEVER apologize for their constant bad advice that's ultimately more about entertainment than making money...

They always depend on someone else for their financial success. Every day. Forever.

And that's why they fail - because they have no "edge" in the markets. They're all following the same bad, DEPENDENT advice.

Imagine trying to get ahead in the Forex markets like that.

Now imagine how much better your portfolio could look when you make trading decisions INDEPENDENTLY...

When every trade you make is based on a logical, methodical process that has given countless other independent traders an edge in the Forex markets...

When you know exactly how much money you're risking and the specific point you're going to exit the trade BEFORE you even enter it...

When you can spend the majority of your day worry-free, knowing that your open trades are shielded from risk because of the decisions that YOU MADE...

When you can enjoy time with your family & friends after you spend as little as 20 minutes making your trading decisions for the day...

As you pull the trigger on your studied, precise Forex trading method, imagine yourself more confident... happier... in control for the first time in a long time.

And... as the thought creeps into your head that Forex freedom in as little as 20 minutes a night can't really be possible, remember...

Countless others just like you are already doing it, even as you're reading these words.

You really do have the potential to create a brand-new, more robust portfolio trading Forex! And it all starts when you discover the "nitty gritty".

Think it's impossible? Think again...

Countless others just like you have done it.

Now it's your turn...Click here to learn how you can take control of your Forex market Profits and Keep your Forex Profits Growing

0 comments: