Posted on March 19, 2010.
Forex learning school called f1 academy in Singapore. Ever heard? an old friend invited me to explore ways to invest in Forex trading. Tuition is very expensive. Ironically, the owners of the school are not a business of Forex Trading. their business is the franchise school. His website is fx: 1academy.com do you think this is legitimate?
Those who can, those who can not sell their secrets.
If someone claims to be making money in a market, they stay and do not share their secrets to anyone. This could reduce its effectiveness and they will soon lose their advantage.
When a person makes money from trading on the markets, a lot of money will find them and ask them to trade for them.
Consider this: A person who makes profit by 25% per year is a king of Wall Street. Many fund managers in top flight would give their first born child to be able to do so. A trader who can double his money in one year is a star - as rare as a pop musician or athlete.
If you can make 30% every year, people will beg you to manage their money. If you manage 10 million dollars, and not an extravagant amount in today's market, your management fees alone can run to 6% of that or $ 600,000 per year. If you make a profit of 30%, you keep 15% of it as a tax incentive, another 450k. You will earn more than a million dollars a year trade without taking big risks.
Given these numbers, why all eager to share their secrets, their trade advantage with someone else?
Hope this helps.
- Jim http://jsforex.blogspot.com
get a free Ebook Forex from this site. make an initial deposit of $ 100 and you can talk live via phone, email or chat to a forex expert called your Personal Account Service Manager (ASM) to answer all your technical questions. ASM is also your responsibility to be your mentor, adviser, friend and trading partner. The site is one of the leaders in foreign exchange so that you can be assured of its legitimacy and reliability.
No, I havent but my wife and I are very successful with forex trading using this software.
http://forex.lem4.com
Good luck!
Currency trading-http: / / tradingsforex.info /