As you know, forex scams are a real pain and are the reason why so much people are failing and lose their money.
There are plenty of Forex gurus on the internet, willing for only one thing: make money by selling poor services.
The purpose of this article is give you some tips on avoiding those scams, and finding great forex methods which will be profitable.
Actually you don't have many possibilities but being cautious on this market is the most important thing.
- At first, what you must avoid is buying forex stuff on eBay. Even if eBay is a great place to find good deals, in the Forex domain, that's not the answer... In fact, the main part of Forex Sellers on eBay are selling Expert Advisor which we don't know where they come from. Indeed, almost everyone is able to make a copy of an existing Expert advisor and then sell it... And this is very harmful for you because those products can make your Forex account hit the $0 bottom line in a short while.
- Always, buy always buy courses, methods, indicators, expert advisors, whatever only if on the sale page you can see some proofs of profitability... Everyone is able, to wake up one morning and say "Oh why don't i create my own forex method", and then make money by selling crap.
- When a new forex product has just been launched, please wait a while and see what the other people are saying... You don't have to rush on the product and then have a bad surprise because you wanted to act fast. Honest people do exist and they will soon publish review, or feedbacks of the product that you want to buy.
- Always, but always, check out what other people are saying about the product you want to buy. Once again you don't have to rush. Consult forums, websites, articles where "real" people are giving their thoughts about the service... If you can't find anything, just post a question on a forum or somewhere on the internet and trust me someone will answer
- Take care about the reviews you can find on the internet... Some people are posting one or two reviews on their website because their goal is actually to make money even if what they sell is a poor quality product. Only rely on websites where you can see comments of people about the author of the review, or websites which propose a large number of different reviews.
Hope that it will help you to pick up more safely the forex products you want to buy!
Trade Safely !
Samuel Cimamonti
There are plenty of Forex gurus on the internet, willing for only one thing: make money by selling poor services.
The purpose of this article is give you some tips on avoiding those scams, and finding great forex methods which will be profitable.
Actually you don't have many possibilities but being cautious on this market is the most important thing.
- At first, what you must avoid is buying forex stuff on eBay. Even if eBay is a great place to find good deals, in the Forex domain, that's not the answer... In fact, the main part of Forex Sellers on eBay are selling Expert Advisor which we don't know where they come from. Indeed, almost everyone is able to make a copy of an existing Expert advisor and then sell it... And this is very harmful for you because those products can make your Forex account hit the $0 bottom line in a short while.
- Always, buy always buy courses, methods, indicators, expert advisors, whatever only if on the sale page you can see some proofs of profitability... Everyone is able, to wake up one morning and say "Oh why don't i create my own forex method", and then make money by selling crap.
- When a new forex product has just been launched, please wait a while and see what the other people are saying... You don't have to rush on the product and then have a bad surprise because you wanted to act fast. Honest people do exist and they will soon publish review, or feedbacks of the product that you want to buy.
- Always, but always, check out what other people are saying about the product you want to buy. Once again you don't have to rush. Consult forums, websites, articles where "real" people are giving their thoughts about the service... If you can't find anything, just post a question on a forum or somewhere on the internet and trust me someone will answer
- Take care about the reviews you can find on the internet... Some people are posting one or two reviews on their website because their goal is actually to make money even if what they sell is a poor quality product. Only rely on websites where you can see comments of people about the author of the review, or websites which propose a large number of different reviews.
Hope that it will help you to pick up more safely the forex products you want to buy!
Trade Safely !
Samuel Cimamonti
Samuel Cimamonti is a young trader and he has just launched his new blog, where he is reviewing ALL the forex products available on the internet. You can check out his blog here: http://www.ultimateforexreview.com
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