Tuesday, August 30, 2011

THE TRUTH ABOUT FX MARKET


I CAN FEEL IT.
The forex market is simply defined as a platform for the transfer of wealth. A scenario where one has to go get money and the then through an electronic means aide the transfer process at his advantage if he now the ball that flows in the market and to his disadvantage if he remains in the herd.

The brokerage firm now capitalize on this situation by modifying there multilevel marketing in such a way that the public are enticed to bring more money into the market for the sustenance of this wealth sharing case. And thereby get paid via the scheme ---- spread and commission.

The forex market is a syndicate affair and is design simply in a way that you sell into a bull move and buy into a bear move. Cheese…...
The whole case on board is a case of sincerity and acclimatization towards the actualization of reality.

As a trader, learning to be reliably independent is very key……. You will loss money from consistent remaining as herd. The slogan trade your plan as much as you took pain to plan it has never be debated to be complex in my life experience. Yet many traders have used this facts as the cushion upon which they sit instead on their hands.

I write this peace only to make my brothers and sisters happy and bring few into the lime light of truth about trading

1)      Features that locked you into been a herd for life is NEWS release. None plan a trade with full dependent on any anticipatory personality which may possibly be subjective to trading. I have full bearish news traded as a bull market only for the media to report a discounted move before realize of news, lol….. Who cares money is gained and money is lost. OMG herd formula. Many people have lost so much money, houses, gratuity, wives and even their heads following this mediocre called media reporter. Please kindly be advised news kills.

2)      To many, forex trading is easy. yet no result to show , I have come to let you know that not all will be successful trading forex as not all are ready to make do with the learning curve. Analysis shows that it takes 5 years to learn the trading of financial market and another 5 years to master the rudiment (a total of 10 years). You will be unsuccessful buying a black box and the so called hot in the market trading system. The truth is that trading is a way of life. You will need the realization of discovering yourself to achieve a purpose. A purpose driven life is a successful life. Now tell me what your purpose as a trader is. No man on earth will do that for you as you are simply the best God ever made. And it takes the high to see the low. As a growing boy (still till now), eyes have not seen and ears have not heard the cases nowadays where people so much think that been depended can make them any way in this era. Simple advice, take the pain to discover yourself, and them set your life purpose in line with mission and vision. The pain to become a profession trader is much more than the pain to become a medical doctor. I will call for no debate on this. As any doctor with certificate will practice to pay up any debt incur during training. But as a trader you still will operate under some uncertainty no matter what you spend depending on your psychology influencing features. Nothing is more painful like discovering that the start of a journey is the destination after walking a 1000 miles.

3)      I sat with close to 700 traders both local and foreign, interview with all shows that success comes not from any means other than within. A market where 4.7 trillion dollar is shared among less than 3 % of players daily; I don’t see any reason while you need to belief that the 97 % players are not wise or simply philanthropists. As a submission, I will like to add this; never open that demo account until you have mastered real account trading method. Demo account are simulated account to make you fill you are done only to discover that you are lost after a good money has been transfer to aide this system of wealth sharing.

The better truth is that that platform you see is a slaughtering ground and pro traders (including myself) are merciless at doing that. The choice of what you will be is your’s either to be a bull, bear, doe, or butcher.

Few weeks back I called for a free webinar 10 am to 7 pm on a Saturday. To my dismay I got only less than 7 responses. In the book ‘acre of diamond’, it is well stated that opportunity is not far off, infact, you stood on it now.

I will recommend you to take a look @ some courses they will help tremendously if followed in the learning process.

a)      www.marketmakersforex.com
d)      www.tradingnaked.com 
f)        www.YourTradingCoach.com


I will also recommend a deep study of the following traders’ life style

1)      Chris Capre
2)      Robert miner
3)      Ross joss
4)      Tom Williams
5)      Jesse Livermore
6)      Scott Carney
7)      Kane Jim
8)      Pretcher Robert
9)      Al brook
10)  Bryce Gilmore
11)   Kennedy Jeffery
12)  Sam Seiden

THE ABOVE TRADERS’ LIFE STYLE WAS ENOUGH INSPIRATION TO ME AND IT WILL HELP ANY IN THIS FINACIAL JUNGLE.
I simply refuse to add Nigerians to the list so that none come with a claim of promotion on this write up. I do this in a good fate, with just one benefit in view…. YOUR TRADING SUCCESS……

The choice is your’s to decide; as for me and my family, we shall always thanks God.


CONCLUSION:
The forex market is like a man that uses his dick as bait to fishing from the mouth of a crocodile, he needs skills and expertise to achieve this goal, otherwise, the jaw of a crocodile has no respect for small meats.

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