Behind every successful man is his woman. Behind the fall of a successful man is usually another woman.
The concept of saving and investing is very weak in our modern society as most of us are ardent consumerists who are trained to spend from earliest childhood. The goal of this website is to promote financial literacy that would lead to greater financial understanding, confidence, motivation to save and invest.

Forex! Why The Statistics Is So Sad? Part 2

All of us went to school, but: someone after school has entered the institute and someone hasn’t wanted to study any more – it is possible to continue indefinitely. And if we take a ratio of the same rich and poor, successful and losers? How do you think, this ratio will strongly differ?

But, it will suffice to be engaged in education of those who isn’t capable to admit to themselves own inconsistency and laziness. Give, return to the answer to a question which has been set right at the beginning: “Why the statistics is so sad?”.

That to understand and establish the present reason, we need to answer other very important question: “What it is necessary to make to become the successful trader?”. The answer is banal: “It is necessary for it to learn a lot!”.

Already we will not come back more to that during this process the beginner can meet a lot of fraud behavior, and, give better try to track how this learning process is formulated:

1st stage. At this stage the future trader gets acquainted with the electronic trading industry.

This can be announcement (advertizing) in the newspaper about employment which results the beginner on so-called “interview” in one of the dealer centers, or he learns from someone from acquaintances, does search in the Internet by a word “forex” and, on this inquiry in the first lists there are all the same broker and dealing firms. These roads result the beginner on 1st – 2 week rates (for 2-3 hours per day) which are conducted by almost any dealer center – someone gains it for money, but it is possible to find it for free. It is necessary to choose only to whom to go. Some firms now run similar courses already and online through the Internet so there even no need to leave the house.

For the future Traders I consider the given stage obligatory. But it is necessary to understand that these rates give only general idea about the industry of the electronic auctions. Though already and at this stage (thanks to teachers which instead of to trade, for some reason for days on end train others) there are those who after these rates already makes the decision to open the real account (than it comes to an end, I think, it is not necessary to explain …). How many years you went to school? How many years studied at institute? And here we have come and have solved that you can study for 2 weeks to earn millions?

People who took the decision to participate in forex trading should start from learning the basics of this market to make sure you do not experience problems with this industry.

There is another option – you can hire experienced traders to managed your trading account – read more about forex investment here. Also make sure to search for the info in a good forex book.

Leave a Reply

Copyright 2010

The owner of this website is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon properties including, but not limited to,,,,, or
Home Privacy Policy Terms Of Use Anti Spam Policy Affiliate Disclosure DMCA Earnings Disclaimer