What Do You Think is Forex Trading a Scam?
After a small financial crisis for more than a decade, there were many questions, if this type of investment or trade was very profitable. Beyond that, if you try to explain to people who are "money trading", which are even more skeptical, because often they do not know what the public can do, not to mention the money is negotiated with each other.
The principal cause
The main reason, of course, is that every time there is a lot of money at stake, there are many scammers. All you have to do is type "Forex" into a search engine, so there will always be many websites that offer all sorts of extravagant claims.
For example, you might see things like "this operator produces 200% returns in just one month," usually linked to various types of trading methods. However, what they do not tell you is that traders eventually explode.
If you do not believe, look at the leaderboards of the following types of trading venues, and see how people come and go from the top. They will experience a shocking twist for a moment, and then suddenly disappear. This is due to explode. Also, you can get an awesome deposit bonus in forex trading this year.
In addition, the reality is that Forex trading is no different from other markets. Yes, the potential rewards are much higher, but the reality is that some of the best traders in the world produce 20% per year. Really it is not attractive when talking to an account of $ 5,000.
For what it's worth, I recently had a conversation with a friend of mine with one of the largest brokers in the United States, it is estimated that the average account could be around $ 2000. Even in the best performance, it again looks $ 400 this year.
That's not something interesting. With small amounts, greed takes over and try to double your money immediately, and then do it again.
Think of it like this: people trading your retirement account usually make around 8% or more a year. You seem to be very happy with it, but it's very sad if not multiply and multiply your money every few months when Forex trading.
There are reasons why many ads for currency trading screen something along the lines of a private plane.
To read more please go to http://rafatsunny.inube.com/blog/8397021/what-do-you-think-is-forex-trading-a-scam/
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