Applying Fibonacci to Stock Market Patterns
How Does the Value of the U.S. Dollar Fit Into the...
Applying Fibonacci to Stock Market Patterns
How Does the Value of the U.S. Dollar Fit Into the...
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GPS Forex Robot : [321% profit] Verified 1 year li...
Simple Tools for Competent Trades
Facts From Forex
Hi guys! So how are you feeling todays? My last topic was a topic about investment program. Actually, I don’t entered many investment programs, currently just 3 investment programs that I’ve in. The first one is Swisscash that claimed their from Swiss Mutual Fund 1948. The second one is a generally HYIP type of investment that is Online-Capital and the last one is the company that I talked in my previous article that is BHG Corp.
Apart from that, usually starting from monday morning, I trade in forex market. I started my forex lesson on March 2006. Begin with knowlegde of currency trading, I bought several e-books from Malaysian mentor, went to many seminars and yet I’m still in amateur class level.
It depends on certain people to succeed. As a prove, I taught my classmate about this currency trading, believe me or not, in about a week. He gained better profits more than what I’ve got without buying any books or go for paying classes. It’s true but you have to remember that 90% of new forex trader lost his or her money in just a blink.
Today after reviewing my portfolio, I got more losses than winning trades, I started to surf around my mentor website. I found this great article and wish to share with you guys.
Here as below:
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Every day more and more people from all walks of life are discovering how rewarding a career online currency trading can provide.
Successful FOREX traders have a lifestyle most people can only dream about.
Most importantly FOREX can give you…
FREEDOM
Freedom to do what you want, go where you want and be who you want.
BUT…
Online currency trading is not easy.
In fact most people lose money trading FOREX. Why?
Most people do not treat online currency trading as a business but rather as a game of chance.
They “roll the dice” and hope for the best.
Here is your first FOREX lesson.
There are only TWO types of traders.
1. Traders that are uneducated as to how the markets work
2. Traders that are educated as to how the markets work.
Every trading day the EDUCATED traders continuously TAKE funds from the UNEDUCATED traders.
So what is the first lesson on how to become a successful online currency trader?
why do 10% succeed?
- becoz knowledge give them an edge
- knowledge = profit
- lack of knowledge = lack of profit
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Today’s Quote:
You may be disappointed if you fail, but you are doomed if you don’t try!
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5 Users Response In " Facts From Forex "
Assalamualaikum ID:MYFI00352830 !!!!
Pakcik nak dapatkan No HP untuk dihubungi boleh tak!
Adik ni orang yg ikhlas nampaknye.
pakcik leh email je ke aviro25@cybermoneyinfo.com
dah lama kwn nanti br leh dpt no hp
nedd more info pleeezzz
“In fact most people lose money trading FOREX. Why?”
I read at that “90% of the forex traders lose all their money in the first three months.” – it is just statistic.
did you know why 90% of trader lost in forex?
because they lack of dicipline. they enter market as they gambling on casinos. without knowing the trend, without technical skill they simply put a buy or sell order. that’s why you loose the money. A Good trader still lost money but the profit are bigger than the loss..
please trade forex by learning. not by judging and enter as casino blackjack gambling
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