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Who should and should not be trusted in social networks and forums
The Internet provides a variety of options for beginners. With its "light hand" reduced overall costs and commissions when you trade, improves access to information. The Internet provides a "Playground" and equal opportunities for those who wish to trade on a regular basis.
"The downside is that the Internet is also a comfortable environment for various scams and "experts". People who do not know how to trade successfully and intelligently, make money by offering ridiculous, unproven or, worse, stolen trading systems and associated software solutions.
Social networks and thematic forums - a great opportunity for such scams as they can access immediately to thousands of potential customers, and even more if the products they offer, known like other people.
This is especially important because if You are not familiar with the trading process, You will not be able to keep track of such options and to understand their potential benefit or harm.
Generally speaking, it is better not to follow someone else's advice, at least "blindly". It is worth spending your time on learning to become independent and fully Autonomous trader, who knows the situation and is not dependent on the "good uncle". When You are online, avoid all kinds of dealers, and keep only those traders, tips and recommendations which are trustworthy and are confirmed by life, and for a long time:
Traders that trade on their own money
Professional traders should exercise the utmost respect, because traders who trade on their own money, really deserve it. They have the courage to publish to the world your trading decisions and results, so they should listen and respect them for it.
For "real" trader's of no use to notify all about the results, but he really has something to lose. He does it to teach others and enrich ideas all trading community, and even if the trader loses you can always learn something from his experience, albeit negative.
"Teachers" of the market is not a guru
As follows from the above, there is nothing criminal in the fact that "teachers" do not sell yourself, but very bad if they claim that they can provide You with something that in fact they have not, and never was.
From nature and due to the acquired experience people have very different capabilities and abilities, so that even the most successful trader will not necessarily be a good teacher, even when he wants to. Conversely, someone can be a terrible trader but becoming a great teacher. Good trader has many qualities and a good teacher may lack one or two qualities from this list, not his "teaching abilities may outweigh this lack.
Some so-called guru of the market, however, argue that consistently get profit, never losing a dime. They point to inflated trading results, which are often only "paper" income. Most likely, they will not even be able to show You screenshots of their "good deals, even better with Photoshop. Whenever such a "guru" bragging about how many thousands of dollars they "did", using his special way of trade, it should be treated with skepticism and suspicion.
If such allegations were true, they would be easy to support these, easily verified statements on movement of funds from the trading account. Often, of course, "guru" You did not show, because they don't exist in nature." However, there are always suckers who like this virtual "rustle" of banknotes, and they fall into the net of fraudsters and Scam artists.
Study, accumulate their own experience using demo and real account, treat all "zavlekalochka" cautiously and carefully, paying attention only on what is backed up by figures and the "photofacts", and thus can be easily checked. Do not make unnecessary stupid things, we do them too often!
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| Category: Forex | Added by: (30.10.2017)
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| Views: 277
| Rating: 0.0/0 |
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