Mon 02/Nov/2009

   Mon 02/Nov/2009

   Forex Training

   If the statistic is true, that 95% of people lose their money within 90 days of live trading - and it’s bandied about everywhere, so I suppose it is - why is it? Even if it’s not true, we all know there are loads of people who DO lose their money, whatever the actual percentage is. Even successful traders usually lose a packet before ‘making it’. I know I did, and I know others who went through at least one and probably two live accounts before they made it. Of the thousands of people who come into forex, it’s fair to say that almost ALL of them do some due diligence. Almost everyone tries to learn how – before diving in with real money. Books, CD’s, DVDs, seminars, live real-time courses, online forex training, free forex training and more. Almost all people indulge in one or more of the above in an effort to learn how to trade. My question is, if the training was really on the ball – how come so many lose their capital? It’s a fair question. If we take a typical 1000 people who pay to learn about forex trader training, and 950 of them lost their capital in 90 days – something’s wrong. You have to question what type of training works – and obviously far too much of it doesn’t. K.I.S.S. Sid Wyemann http://www.forextrainingworks.com/
http://www.forextrainingworks.com/