Finding the Best Forex Trading System

By: Jon Provencher

When you're looking on google for the "Ultimate Forex Trading Secret System" you will find an assortment of people delighted to sell you their ultimate forex strategy. If it's on the internet it can't really be a secret though, can it? Think about it, there's actually quite a lot of work involved in writing an e-book and marketing it, why would a so called forex expert making millions, since they have the ultimate forex trading secret system, want to give away their secret? Yet, for for the bargain price of $99, sometimes less, sometimes more, you are promised an easy way to make big money. In reality, more than 90% of traders lose their investment within their first year of trading. That's a whole lot of ultimate forex trading secret system's that didn't deliver.

When you find a brilliant long sales page on a forex strategy, alarm bells should go off. These sale pages have been made to appeal to you, to play on your emotions. There is a very good article at the link below with a list of what to look for for before deciding to put any money into a forex strategy. Take the emotion out of that forex strategy sales page and analyze the strategy critically. Ask the vendor questions and get proof before you decide to buy. As the 'secret' strategy is available for sale on the internet, it's likely other traders have bought it and reviewed it somewhere.

Instead of buying an ultimate forex trading secret system you could entrust your money to another person, who insists they have the winning method. If that appeals to you, take a look at websites like Collective2, FX-Auto or ZuluTrade. However before you jump in take a look at all the strategies that were looking good, and then took a nose dive. Take some time to read the horror stories of traders that invested their savings in a 'super' strategy only to see their investment painfully reduced to $0.

In fact, for 90% of traders beginning in forex the ultimate forex trading secret system would be to not trade at all and put the money in the bank.

So how can you get in front and not be in that 90%? By taking the time to learn, paper trading or trading in a demo account, reading the massive amount of useful free knowledge available from fellow traders, by being prepared once you get started and adhering to it. The secret is in knowing what strategies you shouldn't trade, what e-books aren't value for your money and that there is no holy grail strategy that is going to take your investment and insert some 0's on the end, without a little effort and patience on your part.

Stop looking for the ultimate forex trading secret system and you might actually learn something and maybe even make some money trading forex.

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