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forex trading education - Forex Trading Education - Trading The News

In this short article, I will discuss the implications of news trading for retail traders like you and me...

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Forex Expert Advisors - They Are All Experts in Losing Money - Here's Why

Forex Expert Advisors (EA) are big business but all they do is destroy equity and do it quickly. The reason why they do is obvious and enclosed in this article...

The reason is the heavily sold Forex Expert Advisors have never made any long term gains. Of course you see a track record of gains which is normally a simulation in hindsight knowing the closing prices or you get so called real gains but there never independently verified so you can't trust them.

Forget the army of affiliates who tell you that they have made money they haven't, otherwise they wouldn't advertise the systems for a kick back of a few bucks.

If you think about it the gains that these systems claim cannot be true because if they were, the whole world would be trading and buying financial freedom for a hundred dollars or so. All the buyers of these systems could simply relax on a beach, as the robots piled up huge gains. This of course is a fantasy and not the reality. The reality for buyers is a swift wipeout of equity.

To win at Forex you need to learn skills and get confidence in what your doing and this has always been the case and always will be.

Keep in mind 95% of traders lose and in the case of the na?ve or greedy trader who uses an EA, its 100%.

Forex markets offer huge gains and you wouldn't expect it to be easy to make money, with such huge rewards, thats why have to learn skills and pay your dues. Leave these systems, with there exaggerated claims to the losers and get yourself a good Forex education and enjoy currency trading success.

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