3 Lies Marketers Tell Forex Traders
When most people decide to get involved in the Forex market, they do the obvious thing. They get on the Internet and search for the right Forex solution. This could mean finding a strategy to trade, enlisting the help of a Forex mentor or using a Forex signals service. And there is nothing wrong with this approach.
However, the Internet is full of information on Forex trading, and not all of it is good. As a matter of fact, there is so much information out there, it is really hard to find the real Forex trading solution that is right for the new, upcoming trader. In this post, I want to go over the 3 most common lies marketers tell Forex traders. (Maybe this will help you from going down the wrong path, and wasting a lot of time and money).
I just want to say, I have nothing against marketing or marketers. As a matter of fact, I believe marketing is a valuable part of our society. After all, how else are people going to find solutions to their problems? Marketing should focus on matching people with a want or need with the product or service that best meets that want or need. Marketing should not be some trick to get people to spend money on unwanted or inferior products.
Anyway, let’s go over some lies to watch out for…
Forex Marketer Lie 1: Forex Trading Is Quick And Easy
Like anything else worth learning and doing, Forex trading is not going to be easy at first. You are not going to learn how to trade in an afternoon and instantly start pulling down riches from the Forex market. To become a profitable trader, it takes time, experience, patience and discipline. (These are not the things most marketers want to talk about).
Even if you use a simple Forex signals service like Forex Investing Live, you still need to give yourself time to learn how to trade the signals properly. Taking a long term view of using the service and giving yourself time to gain experience and confidence in the service is essential for long term success. Using a Forex signals service might be the fastest way to Forex profits… but you still need to give it the time it deserves.
Forex Marketer Lie 2: No Experience Necessary
Learning Forex strategies (or using Forex signals), can be very easy. But applying what you learn in the live markets when real money is at risk can be very challenging. The only way to learn how trade under live market conditions is through experience. You might make some mistakes at first, but your goal should be to learn how to trade a strategy or signals without making mistakes… regardless of what the outcome of the trade is.
To be successful over the long term, it will take experience that only time can provide.
Forex Marketer Lie 3: Previous Failure Is Not Your Fault
A lot of marketers want to get on the good side of their prospects by saying “it is not your fault you failed before”. Ironically, they blame unscrupulous marketing tactics for the downfall. Or, they blame other things like the banks, brokers or the Forex market itself. This, in my opinion, is not very helpful.
Look, if previous failure to become a successful Forex trader is your fault… that is a good thing. That means you can DO something to fix the problem an become successful. Fixing previous mistakes is one of the quickest ways to success. And when you take responsibility for your own failure… you can also take responsibility for your own success.
In my opinion, Forex trading is one of the best wealth building opportunities available. It might not be easy, it might take time and you must take responsibility for your success… but it WILL be worthwhile once you make it.
If you are looking for a shortcut to profits, I recommend Forex Investing Live. It is a simple Forex signals solution that only takes about 5-10 minutes out of your busy day. But I’m not going to lie to you… you must put in the time to gain the experience necessary to trade the signals without making mistakes.
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