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Forex scams

I just wish to know is http://www.forexscambuster.com/ as good as everyone says!? And I heard that it is a unique site where you will find hundreds of reviews on Forex related products and services.

 


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2 helpful answers

Yes, I found it to be a very helpful site.  Especially when it came to reviewing the current system I'm using to swing trade the Forex Market, the UST system, Ultimate Swing Trader .

 

Posted 2009-07-02T22:35:36Z
SuzEQ was invited by Yedda to answer this question.

 
1 helpful answer

At this point in my life, i have been actively engaged in various aspects of the financial m arket , stocks, options, commodities, forex for some 40 years.  I have considerable exposure to many of the current programs which intimate they will provide reliable signals to trade the forex market.  My best advice in dealing with these various firms is "a fool and their money are soon parted"  develop your own technical indicators and monitor the 1 or 2 currency pairs that you feel most comfortable with, paper trade until you can judge which time frames and indicators you are able to use with some degree of success and then become the master of your own destiny.  1 or 2 currency pairs provide me a consistent daily income of 2 to 10 thousand dollars.  Never be so foolish as to think you will be able to follow multiple currencies as there are just too many dynamics to master.  Get warm and cozy with something like the euro and dollar and the pound and dollar.  This should provide all the action you need????????   Greed gets most new traders and they go crazy chasing all the pundits who claim to have a winning system.  Develop your own system and then you can blame no one but yourself for any success or failure.  If you aren not motivated to study and learn how to get a leg up on this forex system, i suggest you just put your money under the bed or bury it in the back yard.  Who knows, perhaps a money tree will sprout up. For those who put in the time and dedication to win, welcoe to the club...Remember if these gurus are so smart, why are they charging you money to share their knowledge...Dean

Posted 2009-07-05T03:36:04Z
DEAN was invited by Yedda to answer this question.

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Well, I dont find it good nor i'll recommend. I prefer manual trading and i dont trust in scams, robots or EAs.

Manual trading promises control risk and good control on your trades.

 

 

I think that forex related products are worse than reviews

 

Yes, you just find hundreds. That's simply reality

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