<![CDATA[<body>Ring a bell?: "only ten pips a trade, 4 times a day and you are financially free"; "commission free trading"; "the banks are making billions in forex, why not you?"; "I'll show you how to make 200% in the time it takes a Ferrari to go from 0 -100"; "rake in the profits with leverage of 200:1"; "make money no matter which way the market goes"; "start with $250 in a mini account and turn it into millions " Lies, every one of the You are amongst professionals: professional marketers, professional businessmen, professional market makers, professional dealers, professional analysts and advisors. In Bird Watching in Lion Country I explain my take on the forex market. A typical institution which specializes in forex trading / forex investment has an army of analysts and economists and traders who do fundamental analysis, technical analysis, quantitative analysis and flow analysis - all contributing to their efforts and their profits. Q: Dirk, you make the point that successful traders start as discretionary traders and eventually when they trust themselves move on to be more mechanical and automate their successful systems. With all the cash they make from the losers who fall victim to their advertising of tight spreads (as opposed to futures), no commissions (most losers in the stock market believes the commissions are killing them) and low margins (flip side of high leverage) and recently free training, free news, free analysis, they can afford to appear on every imaginable website with their banners, Google adwords, pop-ups and other advertisement The people that know, the people who made real money in forex long before you and I joined the queue, simply used the most basic technical analysis in conjunction with fundamental and other types of analysis. If you want to make money in the business of online forex trading you better have a well thought out business strategy and approach. You have to understand your business (turning a profit) in the context of the business of the others in this money chain. Hello DrForex, I just finished reading and re-reading BWILC. <a href="http://www.digitalproductsreview.net/go.php?v=drforex" rel="nofollow">Forex trading | Online forex trading system course book</a></body>]]>