Sunday, May 13, 2007

Forex Trading Secrets Part 1

Not long after I first became involved in Forex trading I began to have a series of insights. I noticed that other people did not appear to be aware of some of the things that somehow seemed obvious to me. The interesting thing about the so called "Forex Secrets" is that once you understand them you will be amazed that they are not obvious to everyone.

Now trading has been around for a long time and I am sure that I have not invented anything new. And yet the essential knowledge that is needed to trade Forex or any other market successfully remains hidden from the majority. Every day more and more people are attracted to this exciting business primarily throught the marketing activity of the Forex brokers. What people often don't realize is that as they look for reputable sources for training and education in Forex trading, almost everything they find is connected with the Broker industry. Be sure to observe also that almost all training companies and mentors in Forex are themselves Introducing Brokers from one or more of the Forex brokers.

Although it is not the subject of this post, it should be understood that many of the U.S. based Forex Brokers have a business model that is designed to capitalize on the majority of traders who lose. So here is another clue about Forex trading secrets. Learning to trade from a broker's training material might not be the best idea.

Another thing to consider is that the style of trading taught by the Forex industry might be designed to benefit the brokers more than it is intended for the benefit of traders. This information is the first step toward a breakthrough that is now enabling many traders to cash in on the Forex market and consistently earn real profit while multiplying their trading accounts rapidly. Continue reading this blog for additional clues as to how some traders are easily harvesting profits while other traders keep banging their heads against their computers in confusiona and frustration.

Living Deliberately,

Scott
Forex Trading Information Center