Some trading rituals are spoiling the night’s sleep! “An aggressive advertising campaign” is what we find on every site to attract the people either to “promote their services” or to convince them that “we are the best, let us serve you”. This ultimately proves a trick to waste your money. “Giving an advice to a fool is like hitting the air with a stick”. These asvertisements is something like how they want to look to their clients since communication or promotion via social sites networking is on the boom nowadays due to advancement in technologies.An Interneta cutting edge technology! Everybody is searching on the websites for the information related to forex trading. Even I spend time over internet for searching trading news, for analysis or researches, trading strategies, expert’s suggestions, broker’s advice, rapports, trading forums etc. and from my experience I came to know how people get trapped! “I’m into forex trading, just loving it for fun”,”everybody trying their hand in trading, why should you not?”, “Get rich in few minutes”,“I have quadrupled my income in just few hours”……statements like these presented in advertisements reflects the attitude as if they are the real traders. Actually they are just promoting their services and situation get worse when these services are presented with decent portfolios too. “The person who asks is a fool for five minutes, but the person who does not ask remains a fool forever”. Moreover, such ads are just in preparation of giving a “blind eye” to the visitors. This is the reason which is contributing to the fact that 95% traders are losing in the forex market.
Did you ever click on the link that directs to performance of “Warren Buffet’s” statements or his strategies or something like how can you earn money like I do…..? You may search Google; I can assure you won’t find it! There is a famous saying “A foolish person is 'quick' to condemn what they do not understand. A wise person is 'slow' to condemn what they do understand.”! Usually beginners with handful of good results coincidently, are trying to be the “Trading Guru” on the Forums you may see. These are the people creating a big noise on the forums or must say “showing off” their little bit into dramatic manner. Things go worst when people like these hire people to promote the services of ABC Company. And promote their servies in such a manner which force you to say “wow…even I would like to try it”! Now close your eyes and think for a while that “the recipe for which I got popular among the chefs, would I like to disclose it among other chefs?” Similarly, if any particular strategy is profitable then why would I sell it? Why would I sell the one from which I have made millions? Why would I sell, that too at cheapest cost? Hope you getting my point. But I respect the experience that has been shared by some great traders! However, there are few people who are providing or promoting their services in an honorable manner! I really appreciate the smart people’s business that makes a clear distinction definition from a scammer’s world! Trust on your knowledge, before getting trapped!