Congratulations, you’re learning that 99% of the Forex world is bull****.
People sell “ebooks”, Triaining videos, and other **** that doesn’t work (think about it. If they worked, they would be using them themselves, not selling the info to saturate the market). It’s basic supply and demand. If I have a method that makes me $10000 per day, I’m going to use it and make $10000 a day. I’m not going to give it away and have competition that is going to take away some of my $10000 per day. Yet how many threads do you see on all the Forex forums that say “EASY $10000 per day method!!! Click here!!” It’s all bull****. The poster just wants some e-cred, or is speaking hypothetically. Sure, you could make $10000 per day, but you’re not going to.
Not only that, but 99% of the time the “ebook” or whatever is written so poorly that there is no information to be gleaned from it, anyway. It’s a “feel good”, “empowering” book that makes you “feel” like you can go out and own the world, but you weren’t even actually given any concrete examples so you’re still ****ed. I can tell you trade with the trend, use a stop loss, dont risk more than x% of your account etc." and you think that you are getting good advice, but you’re really not. Do you know how to do any of that stuff, or is it just all high-level semi-specific bull? Do you know how to use fibbonaccis? I mean, I just told you to do it, but I didn’t tell you how to do it. Tricky, right? Of course, the next 50 pages in the ebook are talking about all the money, mansions, and chicks you will get when you are making $10000 a day without doing any real work at all, so you end up feeling good about it even though a week, a month, a year from now you still won’t have made any money.
The people who sell methods are not profitable. The people who ARE successful guard their methods with their lives. They sure as **** do not give them away for $500 to the first 10 people and $1500 to everyone after that.
Decide what you want to do. Learn everything about it, and DO IT!
Try different things. You may fail your first few times. I thought about making products to sell like DVDs and Ebooks but why even bother? Id rather spend my time on a nude beach in Greece with my girlfriend or on our 60ft yacht trading from an internet satellite card.
Also keep this in mind:
99% of people lie.
99% of people on Forex forums are lying about what they do, how they do it, and how much they make. I absolutely guarantee that.
The bottom line, same as with anything, is don’t take advice from people who bull**** around. If you ask questions and get vague answers, they’re probably bullting. Have a question? Get a specific answer. If you ask “how do I do [such and such]?” And the answer isn’t specific, then either the person helping you is just messing with you or doesn’t really know the answer or doesn’t want to give you the answer. Do you have time to waste doing that? I know I don’t. Put them on your Ignore List and move on. This goes TRIPLE if you’re paying for information. If I were to pay for info I expect absolutely technical, no room for interpretation, no bull, no hippie crap, absolutely specific information about EXACTLY whatever the subject matter is. “First do [this], then do [that]. Do them specifically this way. Here are diagrams, charts, and examples.” Don’t settle for bull**** like “Imagine how much MONEY you will have once you do [this] and [that]. WOMEN will want to ******** YOU. You can QUIT YOUR JOB!” No, that’s not information that you pay for, that’s bull****, and sadly, that’s what most of the FOREX world is. Idiots sell bull**** to other idiots.
90% of the threads on Forex forums are worthless. They’re e-pissing contests.
Most importantly, learn that FOREX is not easy like all the eBooks and online “gurus” say it is.