Probably the biggest question is what is forex?
For those who don't know Wikipedia defines it as:
The foreign exchange market (currency, forex, or FX) trades currencies. It lets banks and other institutions easily buy and sell currencies
That is the basis of forex.
So what is a forex website then? Put in simple terms it is a website put together by a company or individual offering their services in order for you the buyer/subscriber to make some cash from forex trading.
Most of us are sick and tired of most of the B.S. "pie-in-the-sky" rubbish that is being peddled in the forex industry. Before you even look into forex trading you want to know that it has proven itself to make money for individuals AND you need something that doesn't take up half your day doing. Am I Right?
A lot of These forex websites offer information on what the best strategies are to trade and make money and some work whilst some don't, the majority of us are so much in the dark when it comes to forex that we are relying on these forex websites to give us the right information so we can make our little forex bonus. If we don't get the right information we simply lose our money.
The gamble is with you not the forex website right?
You don't need to stare at charts all day to figure out what and when to trade. The forex website does that for you. If you get the right website then you will indeed be in pocket very quickly and also to a fine sum of cash.
Some forex websites have systems that they follow rigorously and make money time and time again in small amounts throughout the day but when added up it generates a lot of money One forex website made $10,420 for each standard contract in just 15 minutes. Another contract made $9,290.
These figures are not to be sneered at and can be life changing.
In order to make a rational decision as to whether you want to trade in Forex or not, you need to know a few important things first.
1. It needs to have a consistently profitable system that nails trade after trade with high accuracy (84.73% accuracy...in one case)
2. You need a step by step system,put simply do A, then B, and finally C... type of system
3. It needs to be 100% mechanical. Just set it up and walk away...
4. It needs to be so quick-to-learn, and easy-to-apply, it must take you no more than 17 minutes to master the system...
5. You must be able to start grabbing $200, $500, $1000 trades with the precision of the Swiss watch.
6. You need to be able to trust in a completely faithful and infallible system that'll swell your bank account...
There are forex websites out there offering all of the above and these websites will give you your forex bonus if the information is followed.
You see, for me, it's all about making things as easy as possible. making things as 100% mechanical as possible and trying to eliminate all discretion, interpretation, or judgement. If you can do that you will be part way there.
I just love forex and everything about it - but I still refuse to spend too much time thinking about it.
That is why you need the best forex website out there giving you information, just Google forex and check out the results for yourself for a forex website and you will be amazed how many there are offering advice. Good and Bad...
Remember, you need a system that needs no interpretation... no guessing... no thoughts... no emotions...If you find that system, if you follow the steps It lays out, you can make money. Big time..