http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
Three Ways to Avoid Forex Scams
Every so often there is another Forex scam in the news. The ones that hit the news are usually pyramid schemes. Someone offers to trade currency on your behalf and tells a story of great profits. He or she proclaims great profits and may even show you fantastic results, on paper. If you actually demand your money they will probably pay up. That is they will pay up early in the game as money from new investors in still coming in. If you arrive late in the game the story may be different and there may be no profits to return to you and even your original investment may be gone. Other scams may be less overt but still damaging. With these thoughts in mind here are our three ways to avoid Forex scams. They all boil down to the old Roman adage, let the buyer beware.
There Is No Free Lunch in Currency Trading
Our first of three ways to avoid Forex scams is to realize that if it looks too good to be true it probably is. Really, a guy has a system that returns twenty percent per month per month or so he says. That would mean that he would double his own money every four months and increase his trading capital eight fold in a year. So why does this guy bother to deal with you? If he starts with $10,000 he has $80,000 in a year, $640,000 in two years and $5,120,000 in three.
First of all these sorts of results are probably not what the guy you are talking to can make. Second of all, if he really makes that kind of money then you are not in his league and he will not be talking to you or trading your money for a few percent of the gain. There is no free lunch in Forex trading. That is the first of our three ways to avoid Forex scams.
Do They Really Know Better Than You?
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Three Ways to Avoid Forex Scams
1. Three Ways to Avoid Forex Scams
By www.forexconspiracyreport.com
2. Every so often there is
another Forex scam in the
news.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
3. The ones that hit the news are
usually pyramid schemes.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
4. Someone offers to trade
currency on your behalf and
tells a story of great profits.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
5. He or she proclaims great
profits and may even show
you fantastic results, on paper.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
6. If you actually demand your
money they will probably pay
up.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
7. That is they will pay up early
in the game as money from
new investors in still coming
in.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
8. If you arrive late in the game
the story may be different and
there may be no profits to
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
9. return to you and even your
original investment may be
gone.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
10. Other scams may be less overt
but still damaging.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
11. With these thoughts in mind
here are our three ways to
avoid Forex scams.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
12. They all boil down to the old
Roman adage, let the buyer
beware.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
13. There Is No Free Lunch in
Currency Trading
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
14. Our first of three ways to
avoid Forex scams is to realize
that if it looks too good to be
true it probably is.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
15. Really, a guy has a system that
returns twenty percent per
month per month or so he
says.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
16. That would mean that he
would double his own money
every four months and
increase his trading capital
eight fold in a year.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
17. So why does this guy bother
to deal with you? If he starts
with $10,000 he has $80,000
in a year, $640,000 in two
years and $5,120,000 in three.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
18. First of all these sorts of
results are probably not what
the guy you are talking to can
make.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
19. Second of all, if he really
makes that kind of money
then you are not in his league
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
20. and he will not be talking to
you or trading your money for
a few percent of the gain.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
21. There is no free lunch in Forex
trading. That is the first of our
three ways to avoid Forex
scams.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
22. Do They Really Know Better
Than You?
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
23. There is an old saying that
says that if one man can do a
thing then another can do it a
well.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
24. If this guy who is offering to
trade for you or sell you a
trading system can do so
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
25. successfully, why don’t you?
You can learn to profit from
the fluctuations in foreign
currency rates.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
26. You can develop a trading
system based on your own
experience.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
27. The insinuation that the guy
who wants to sell you trading
software or trade your money
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
28. for you is smarter than you is
a poisonous insinuation. Learn
the ropes of Forex.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
29. Check out what it takes to
successfully make money on
volatile foreign currency
exchange rates.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
30. This is the second of our three
ways to avoid Forex scams.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
31. What Do They Have to Lose
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
32. The third of our three ways to
avoid Forex scams has to do
with who is taking on the risk
of trading.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
33. The saying is, put your money
where your mouth is.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
34. Does the guy who is going to
trade your money for you
have any of his own money
invested in this scheme?
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
35. What does the developer of
the software stand to lose if
his programming is faulty and
you lose your trading capital
on the first day?
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
36. We certainly do not expect for
a software developer to share
in your trading losses unless
he is also sharing in your
gains.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
37. But, it would be comforting to
know that the guy who is
hyping the software has
actually used it and can
provide you with solid proof
of its success.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/
38. Otherwise, what do they have
to lose? That is the last of our
three ways to avoid Forex
scams.
http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/