Three Ways to Avoid Forex Scams

By www.forexconspiracyreport.com

Every so often there is another Forex scam in the

news.

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

The ones that hit the news are usually pyramid schemes.

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

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/

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/

If you actually demand your money they will probably pay

up.

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

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/

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/

return to you and even your original investment may be

gone.

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

Other scams may be less overt but still damaging.

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

With these thoughts in mind here are our three ways to

avoid Forex scams.

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

They all boil down to the old Roman adage, let the buyer

beware.

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

There Is No Free Lunch in Currency Trading

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

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/

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/

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/

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/

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/

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/

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/

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/

Do They Really Know Better Than You?

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

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/

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/

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/

You can develop a trading system based on your own

experience.

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

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/

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/

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/

This is the second of our three ways to avoid Forex scams.

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

What Do They Have to Lose

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

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/

The saying is, put your money where your mouth is.

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

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/

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/

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/

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/

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/

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/

http://www.forexconspiracyreport.com/three-ways-to-avoid-forex-scams/