What Is Forex Trading and What Is All The Hype About Forex Scamsters?
Forex. We see this word way too much on the internet these days. Marketers have a field day selling off Forex systems which will not turn “ordinary people” into “mastermind traders” in spite of what the fake promises claim. FACT! Most of the Crypto broker legit programs you can buy about Forex trading online are Forex scams. Why are there scams? Because marketers have turned retail Forex trading (that’s where a non-institutional investor trades the Forex market) into a vehicle for “the dream” to be achieved. However, since the market doesn’t work in that way, Forex has arguably become a dream-stealer in the 21st century for many would-be traders.
This is the stark reality. And those of you who have tried some or many of the dozens of “breakthrough Forex strategies” out there will know this is the case. Because being a trader isn’t about buying a $97 eBook or $197 Forex robot online and creating a fortune the easy way. Trading takes smarts, discipline and a persistence that most real traders learn through cold, hard, painful failure and losses.
The truth of the matter is that Forex trading as a career is a rare career. Forex trade floors aren’t the biggest teams in investment institutions. Sure, there’s room for flow specialists, but at the end of the day, the big volumes merely reflect that it is nigh on impossible to make money in Forex without sizable transactions taking place for the speculators. Why trade Forex? You could go into private equities, stock market trading, complex derivatives like interest rate swaps or even a career largely outside of fi