Those who ask, “is Forex a Ponzi scheme?”, they don’t know what Forex and Ponzi scheme are. They just know that Forex makes money, and Ponzi is bad and illegal. However, they want to make money with Forex, but they are afraid that if Forex is a Ponzi scheme, then they may legally get into trouble if they trade Forex. Please spend a few minutes and read this short article, if you want to become enlightened about all these things: Continue reading Is Forex a Ponzi Scheme?
Forex trading has become so popular in the past ten years because people see the potential of making money with it. Whether people are right and they can really make money with it or not, is a different discussion that I’ve covered in some other articles (e.g. here and here). This article is focused on two other important questions because many of those who are new to Forex think that Forex is a pyramid scheme. If this is your question also, make sure to read this short article carefully because it prevents you from having wrong impressions and taking wrong decisions. Continue reading Is Forex a Pyramid Scheme or Has Nothing to Do With It?
If you are looking for the answer of the question, whether Forex trading is a good way to make money, it means you know what Forex trading is, but maybe you are not a Forex trader, or at least you are not a profitable Forex trader yet. You are curious to know whether it is a good idea to focus on Forex trading as a source of income or not. Luckily, you are in the right place now because you will get the right answer, so that you can take the right decision. Continue reading Is Forex Trading a Good Way to Make Money?
You need a sponsor to join Epic Trading. If joining Epic Trading is all you are looking for, you can sign up for the Epic Scholar program which is the only program that you must sign up for, when you want to join Epic Trading. Continue reading How to Join Epic Trading and Start Making Money Faster
Forex is the science of buying and selling currencies against each other. It is a long time that cryptocurrencies and metals have also been added to it. Therefore, Forex traders usually trade metals and cryptocurrencies too, if they see the potential of making some profit. “Forex Traders” do this to make profit. However, we can’t say that all transactions of Forex market are done by Forex traders who want to make money. In fact, most or I’d better to say over 95% of the transactions are done by centrals banks and big players of this huge market. These are the ones who make the prices move. Retail Forex traders have no impact on this market. But as a retail Forex trader, you can make money if you know how to buy and sell currencies against each other. So, make sure to read this article entirely and carefully. Continue reading What Is Forex and How Do Forex Traders Make Money?
I am the right person to review Epic Trading because I was one of their members and I reached the Founder 1,000 rank and started making $1,000 per month. I have already published several Epic Trading reviews on this site about the different aspects of Epic Trading, from their Forex trading signals to their compensation plan. Continue reading Epic Trading Reviews: Is Epic Trading a Scam?
If you want to make money with the EPIC Trading’s referral compensation plan, you must recruit people to grow your team. You can make money with EPIC Trading Forex signals too. However, if you want to make money with their referral compensation plan, you must refer and recruit. If so, you will upgrade to different EPIC Trading ranks or levels the more members join your team. Each rank makes you a special and fixed amount of weekly/monthly commissions. Continue reading What Are the EPIC Trading Ranks?
EPIC Trading compensation plan is good, but it doesn’t make money for 99.99% of people because they cannot build their teams with the members who pay $134.99 per month. I have been working online since 2002 and have joined so many affiliate systems and referral programs. I know whether a program’s compensation plan is good enough and is worth spending time and money. With EPIC Trading compensation plan, you must work hard to recruit 12 members who pay $134.99 per month, just to make $600 per month. This is insane because you will have a hard time to sustain your active members every month. Any of them that quit, you will lose your rank and you won’t receive your $600 monthly payment. Continue reading EPIC Trading Compensation Plan Explained in Detail
They say over 95% of Forex traders lose. Why? They don’t know how to trade Forex. Forex trading is not that easy. It is not easy to become a consistently profitable trader who makes profit every month, consistently. However, there is a solution for those who want to make money while they are still learning and haven’t become able to make profit on their own yet: they can use other traders’ Forex signals and market analysis reports to take positions. Continue reading EPIC Trading Forex Signals Review: How Do They Work?
Most people think that pyramid schemes are all illegal. That’s why when a program like EPIC Trading comes, many of them ask whether EPIC Trading is a pyramid scheme? Continue reading EPIC Trading Pyramid Scheme: Is EpicTrading.com Legitimate?
The term, systematic trading refers to a unique trading approach. Essentially, it is a mechanical kind of trading sans emotions. Perhaps that is the reason why it is also known as mechanical trading. It is a form of trading that has pre-determined risk controls and also well-defined trading goals. So with the objectives and risks well charted out, trading becomes automated to a certain extent too. Continue reading Systematic Trading Strategies
We have published several articles on RSI recently, and so, many of you ask about it and want us to have it on our charts to explain how it works and confirms the trade setups based on the trading strategies that we follow and teach our followers here. We just did it and created the first video. We will do our best to have our market analysis back too. So please make sure to follow us here on our website and also on Our YouTube Channel. Continue reading RSI 9 and Bollinger Bands Squeeze
If you are looking for a MinePi invitation code to start mining Pi, here it is: vahidc Continue reading MinePi Invitation Code: vahidc
So you think you want to try scalping! Just because it seems like an easy way to score a small profit within a minute, this is not always true. Although it is very fast-paced, it can be rewarding as long as you can make the correct decisions within split seconds, and of course as long as your broker doesn’t try to make you lose through increasing the spread, re-quoting etc. It is much like a fast motion video game and though it may seem like fun, it isn’t always. Still, scalping is a trading skill you may want to learn, or at least know how it works, and can build your confidence when engaging in alternate forms of trading such as day or swing trading. Continue reading Forex Scalping Facts And Fictions
“Overbought” and “Oversold” are the terms we use in our analysis and articles very often. I am usually asked what I mean by “overbought” and “oversold”. I searched and found out that there was only a small and defective article about these important terms on LuckScout, so that I decided to write a more detailed article about this topic to help traders understand what these terms are exactly. Continue reading RSI as a Great Overbought Oversold Indicator
I don’t know how long you have been trading Forex, but you can be among those traders who have been trying to make a living or at least a supplementary income through Forex trading, but have not been successful so far. Continue reading A Forex Trading Plan: Limit Your Greed and Make More Money
Some traders use nothing but Pivot Points to trade. Most probably you are among the ones who’ve never used the Pivot Points because this method is the banks’ traders favorite strategy. The never talk about their trading strategy anywhere. If you do some research about Pivot Points, you will find it really useful to have them on the charts, even if you follow a different trading system. Continue reading How to Use Pivot Points in Trading
As you progress in trading, you will be tempted to use many of the fancy strategies that the marketplace is abounding with. But if you ask me, the bias is always towards something that is simple, easy to follow and effective when implemented. Continue reading What Are the Moving Averages and How to Use Them?
Double Bollinger Bands Strategy is a mechanical trading strategy. It means it doesn’t need analysis and interpenetration to decide whether the formed trade setup is strong enough to enter the market, or it is weak and you’d better to skip it and wait for a better one. It is either black or white. It means either a trade setup is formed which means you should enter the market, or there is no trade setup at all. Continue reading Double Bollinger Bands Strategy To Trade Forex
Double Bollinger Bands or DBB is popular and used by so many traders on a daily basis. The most important feature of this trading system is that it is mechanical. It means it doesn’t need any analysis and interpretation. To have a long trade setup, all you need is that the last closed candlestick closes above BB1 Upper Band while the previous two candlesticks should have already been closed below it. To go short, the last closed candlestick has to close below BB1 Lower Band while the previous two candlesticks should have been closed above. Continue reading How to Increase Double Bollinger Bands Trading System Success Rate