Why Trading The Forex Is Not For Every One.

Why Trading The Forex Is Not For Every One.

Forex Trading is not a game, it's not gambling there is much to learn. In fact you never stop learning when it comes to Forex Trading.

It will take months to learn all the fundamentals of Trading the Forex, there are no short cut's No magic systems, robot's or indicator’s that are going to make you thousands of Dollars.

If you want to lose all your trading account, then listen to the so called Guru's and Dishonest Broker's who are more than happy to take your money.

Trading does take time education, good money management skills, having a plan when and why you trade.

Knowing when to stop trading, even when you lose, and yes you will lose money in the Forex Market's any who says you wont, turn around a run away from them, if you want to not only keep all your trading account.

Trading is no a part time pick up today and trade and maybe come back in a couple of days, or even next week to trade.

No you need to have a currency pair in mind say Like the most popular pair EUR/USD and stick with it, find a trading system that works for you, and the pair you are trading.

It take time to why any currency pair moves the way it does on the Global Forex Market, no robot, guru or indicator can do this for you, Only your own experience within the Forex Market, and self education will do this for you.

Anyone who tells you otherwise is being dishonest or wants to Sell you something.

Yes there are some very good Forex Indicators out there, but that’s what they are an indicator not 100% guarantee of what the any Currency pair will do.

Many factors move the Forex Market's.

What happens in the US, has a big impact on the Euro, Japan’s Monterey polices have huge effects on the currency markets and so on.

There is so much to learn, the good news is you will have the time, the Forex market is always there, it's end will come at the final collapse of the Major Global Currency and world economy.

Some say we are heading that way, but this is a smoke screen, are whole Monterey system is based on, and here is the reason why.

Money is an arbitrary invention to profit from debt. Banks and governments encourage individuals and countries to be in debt because the greater the debts, the more money they pocket. Not from the interest but from something called the Fractional Reserve Banking system. This is a scam that creates money out of thin air and brings in a profit of hundreds or even thousands of percent on all debts. This 'undeclared' money makes a few people rich beyond imagination. Once you (or a country) is in debt, you or it is a slave to be exploited and raped. This is why millions are spent tricking individuals and countries into debt - they don't care if it is never repaid.

Hence you see the connection with this and the Forex Market's.

So yes there is profit to be made, but it will take time to build up a trading system that you are happy with you may change your system many times according to the market, and your trading style.

Remember Forex Trading is not Gambling, unless you know why you are about to enter a trade, and when you are going to close it, and what has bought you to that decision based all the market conditions-then NEVER trade because if you do, you can kiss good bye to your hard earned money, and say hello to Gambling.

There is much to learn in trading the Forex Markets, just to mentation a few things you need to know, like,

How to Read a Forex Quote

What does it mean to go Long/Short

What is the Bid/Ask

What are Pips and Pipettes

And finally what are Lots, Leverage, and Profit and Loss

Theses are just a few basics things you will need to know to even start to thing about opening a live Trading Account.

The more you education yourself with the Forex market (I said Educate NOT Trade) the longer you will keep hold of your hard earned cash, then when you are ready to Live Trade, you will be in a far better position to trade, and keep your lose to a minim.