Tuesday, January 03, 2006

Enough With The Scams Please!!!

When I first got into speculation I fell for every scam out there. Buying books by authors who don't even trade. They would rather take old ideas of how to speculate and simply re write information that is completely wrong. Does this sound familiar?

For only $100 I will show you how you can turn 50k into 1 million in as little as 3 hours.

First of all, this is ridiculous which any normal person would disregard as rubbish at a glance. But no, people actually see that title and get sucked into the product. I did!

Let me tell you why this is a clever advertising technique which is very very rare, if not an illusion of the currency trading market.

Like the previous example, many claims in currency trading can be validated by two things which in real life have no practical or logical use.

1. The claims show proof using demo accounts

2. These demo accounts take full advantage of the extreme account burning leverage. A common claim in a demo account to prove techniques to be valid is when the scam artist uses a particular program or method using 200:1 leverage. Sure you can take a 50k account to a million very quickly with such enormous leverage but if that first trade using that technique fails, guess what you've lost your entire account in a matter of minutes.

Making money in any market and even in the volatile forex market takes patience, emotional fortitude, and most of all management of your position size.

Why obtain my information? What makes it better than 90% of the speculation books out there?

I've read every book out there that is regarded as a "must read" and have also read a few obscure books that are nothing but garbage as well. I've traded, failed and prospered and sharing this information into one single package is well worth the time and money.

What I cover....

Must read books
The difference between speculation and investing
Money Management
Technical analysis
And the method that all great traders specifically Jesse Livermore to capture trends both up and down and avoid the traps dull markets create with sideways price movements.

Every trade is not a winner; each trade entered is a probe, if the probe holds a larger position is added. You can do this by taking a few hours out of your day and setting alerts that will let you know when orders have been triggered.

For $20.00 you get 20 pages that will change your speculation life forever.

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