Tuesday, June 20, 2006

Do not buy unknown Forex Trading Strategy!

Lately i was many times asked about, forex trading strategies for sale, they always offer big returns easy trading without stress and the can be applied by everyone.

So i decided to make my own investigation, and i must admit i had big issue with those trading strategies, they all show proofs of earning, have got "happy" customers statments even with their happy faces, but on the other hand i never heard that someone made money trading bought strategy. I actually couldn't find anyone who was or is using one of this strategies, so i asked asuthors.

Results where terryfinig it happens those who sell this strategies don't even know what they are talking about, for example what is "forex trading hours" some of sellers are not even aware of that they can trade forex 24 hours a day!!! Not to mention they do not even know what leverage, long or short position is.

There also happens sellers who know what forex is, proboably traded for some years but there are no proofs they made money, or that they strategies are succesfull.

Finally there are few gems i can recommend, i contacted their authors and belive buying this books will be a good investment.
  1. Bird Watching in Lion Country
  2. Guide to Profitable Forex Day Trading
  3. Forex Trading Strategies
If you have any experiences with any of this strategies please comment my post or write to me, it will be interesting for us all.

24 comments:

CommunityColumns said...

The are a lot of things to consider before getting into forex trading.

fatloss said...

Just browsing around the net for forex trading free commission and came across your blog. I've been trying to add as much info as I can about forex trading on my blog .

fatloss said...

Just browsing around the net for forex trading free commission and came across your blog. I've been trying to add as much info as I can about forex trading on my blog .

your said...

phentermine nice :)

EResourcesForSuccess said...

Options? Bonds? Metal? I'd rather keep it all in forex training.

Sandra White said...

phentermine - health insurance - debt consolidation - home equity loans Nice comment.. I ll come back for sure :]

TradingCourses said...

Great blog. Nice job you've done here.

Sincerely,
Daytrader
forex
http://www.daytradingcourse.com

Sandra White said...

phentermine - health insurance - debt consolidation - home equity loans Nice comment.. I ll come back for sure :]

TradingCourses said...

Interesting blog. I can see that you've done a lot of work on it.

Regards,
Emini Futures Day Trader
currency trading
http://www.daytradingcourse.com

Emini Day Trader said...

A good read. Thaks for all the good info.

Regards,
Mini-DOW Futures Day Trader
emini trading system
http://www.daytradingcourse.com

Tp said...

forex trading

Prognog said...

I agree, never buy an unknown forex trading strategy.

Jovan said...

Hi,

I have reviewed 3 forex trading systems on my website:

Surefire Forex Trading by Mark McRae, the Forex Mentor course by Peter Bain and a Forex Scalping Strategy. Take a look if you are interested.

Nice blog BTW.

Anonymous said...

Hi,

If you are interesting in real trading strategies you can take a look at their results at: http://championship.mql4.com.
258 Expert Advisors were trading in absolutely automated mode for almost three months. Now you can see their results.

Also, the statistics of experts work will be interesting, i think. Just open News section.

Hope this will help.

Lucila said...

It's easy to learn Forex trading, you just need to browse around internet and you will get it. There are many pages that you can find, for example CentroForex it's a site where you can find information about it.

John Kerry said...

Nice post. I've tried forex for about 14 months with mostly losses trades. So I looking for a forex software that works. Thanks God I found forex killer software last month.

Thomas said...

Learn Forex trading can be easy, you just need to find good, simple and comprehensive Forex guide, practice with Demo accounts, and that's it! Good luck!

Blogger said...

I would like to advise that you stick with the #1 Forex broker.

Md Torikul said...

Thanks for your recommend. I like to trade with Forex because i learn many thing from blog as well as Forex forums. We can learn Forex easily. Moreover if we trade with Forex and the broker is renowned then we will get more support from them. My broker Trade12 helped me more in both learning and trading.

Ornob Shakil said...

This is very good article to read as well as very much informative and useful for forex trader. Obviously, we should not buy or purchase any unknown forex strategies. If those strategies will not work, then our money is going all waste. That is why we should be cautious. Knowing nothing about the product or service if though you want to buy then you should get some review about this service. I am trading with TryMarkets and I don’t prefer anything like this to buy.

Mustakin Raja said...

Much gratefulness to you for this nice writhing. I would expect more articles from you. I do love Options trading. I slant toward lxmarkets as one of the best options broker and i trade with them and never at whatever point found any issues with the trading and in like way withdrawal. I trust that its amazing broker. I am light to trade with such a standard broker with fast payout.

Ebrahim Mamsa said...

Strategies are so much important for forex trading. Without any strategy a trader could not help with his or her trade. But buying strategy without knowing about it completely can be silly step to taken. I should suggest you do not need to buy any strategy because now you can find many useful strategies via online. I am trading with ECNCAPITAL and I learned some trading strategies from their learning academy.

Michel Stuart said...

Strategy is one the important armor to fight in forex market. People who are experienced in this business can make effective strategy. Often we saw many people selling trading strategy with huge promotion and some referral commission. Don’t fall in this trap. You should verify every possible note before spending your money. I am also trading in this business for long time. But AAFX, my broker taught me to make my own strategy myself.

Blogger said...

Forex Trendy is an advanced software capable of recognizing the most profitable continuation chart patterns. It scans through all the charts, on all time frames and analyzes every possible breakout.