Return to Forex scams

Hundreds of “Forex gurus” capitalize on Forex newbies today. Don’t fall into their traps.

Forex market is booming: the popularity of Forex trading grows day after day. Where there is a demand – there are always crowds of scammers looking to make easy profits.

How easy is it today to fall into their traps? You’ll be amazed but only in few mouse clicks you may land onto a page that would look like this:

They all are almost identical: often these are one-paged websites with no serious graphics or design, lots of text with highlighted expressions, testimonials (of course), and tons of promises and arguments that exactly this time and at this moment you have discovered a secret weapon to become a Forex millionaire… Hahaaa, what a joke… but many believe it… :(

People behind such websites usually provide you loads of arguments explaining why they have decided to sell their amazing product, that has been bringing them piles of money for so long; they would challenge your mind with different questions and facts over and over again (usually those one-paged websites have a lot of text with convincing messages, that you would scroll down and down till you are tired of reading it :) and you mind stop working properly), then finally, you get an offer to buy a product. They’ve got you!

What is this in reality?
Well, things are simple.
Often a guy has taken one trading approach or idea found free on the internet, added another idea also found somewhere and made a more or less working trading approach. Some guys with programming skills would wrap it up in a nice shell and here you go – a new Forex product ready to be sold to trustful and eager to profit in Forex newbies (should read “losers” in this case…)

Think why do they sell it? Yes, really, why selling a method that works so well that you can’t keep up with counting your millions..? Why would you even bother to get involved into sales?
If tomorrow you see such “one time offer” that promises to change your life, I hope, you’ll know how to react… Laugh at it and pass by.

While you think you’ve got the message by now and already know how to tell good guys from bad guys, consider this:
Forex “gurus” have become smarter nowadays. A few light touches and you can have a unique web design. Also same old “gurus” may not promise you millions anymore, instead they will employ a counter tactics this time warning traders that Forex trading is risky, and you should be really cautious about trusting other guys. Also they will now add the message that system they sell is not immune to losses, but if applied properly, will make you win most of the time. That’s better, right? But still, be aware that you are going to buy a product that is “so good” that it was put on sale…

Nothing more to add, besides that you may actually still buy a system (even if it was copied from free resources), who cares. If you don’t have time to do your own research and want to start trading immediately, that’s is your money, you can spend it the way you want.

Why those Forex gurus, despite all facts pointing against them, still survive and even make good sales?

The answer is simple - people want to make money quick and easy, and Forex seems like a good place to do just that. People turn to online resources, look for testimonials and read about successful traders, and finally land on a page with promises they can’t ignore…

P.S. Don’t mistake those who sell Forex Courses for those selling systems. Selling a system is easy, for example, I know hundreds of them and can start selling tomorrow if I want to. Selling a trading course that would teach traders How to trade, What to look for, Why market is behaving this way etc, requires true knowledge and ability to be a mentor. I respect professional traders who sell good educational courses. Not all of them, again, bother to create a good book or a course, but those who do often truly enjoy sharing knowledge about successful Forex trading.

Truly yours,
Inspired by yet another spammy offer delivered to my mail box today,

** Forex Dark Lord **

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