Thursday, August 21, 2008

Truth In Chief Strategist of MAJOR WEBSITES

Ok, this is personal opinions. Just for a sharing discussion.
Guys, How many times when we listen to advices from website and made LOSES ???

How many times ? Forex champions. Forex experts. Forex seniors. Associates. Directors. Fund managers. Forex analysts. Forex consultants.

Seriously, for me ? EVERY TIME !!!

These are the people whom we TRUST ? we BELIEVE ? we THINK they can and are capable of.

COME ON !...Whats going on ?

I came to my own conclusion. People facing us, customers are pretty much just a customer service officer.

They tell us something, anything, or nothing and we just place our trade with them.
INDIVIDUAL COMPOSURE. How they talk to you with smooth silky language.
How they show you dense and thick pages of reports compiled with numerous technical analysis, convincing you that DEFINITELY AUD/USD is going to fall !

COME ON, my broker friend said. AUD/USD is a commodity currency !
The oil price is rising so is AUD...Commodity currency refers to a country resources.
Australia IS full of natural resources. So, when oil price goes up, US dollar comes down. That means any commodity stocks or currency will go up.

Heading next to the currency quotes. True to his saying. As i traded in SELL AUD/USD following advice from website, i saw oil prices going up, AUD/USD going up and my EQUITY coming down down down !...i lost USD5000.

Thanks to the experts, i learnt my lesson . I paid my school fees . I cut my loss.
I bought next what my broker friend advises, BUY AUD/USD...its going to be up up up...or SELL USD/CAD....DOLLAR is WEAK WEAK WEAK....

thats what i did. and suddenly i saw my equity from USD21000 growing to USD30000 and still going STRONG STRONG STRONG !!!

thats an expert advice.

He recommends FOREXyard for trading.
see also: http://basemetal-trading.blogspot.com/ for metal trading
and also: http://casino-asia.blogspot.com/

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