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Forex Dreaming: The hard truth of why retail traders don't stand a chance. and how YOU can rise above and start WINNING
What you might NOT know, is that this is an inevitable outcome of the way the retail trading industry operates.
You see, 99% of what you’ve learned about trading has come from someone with no real incentive for you to succeed. In fact, much of the trading “education” industry prefers that you DON'T succeed… because that way, they can make a LOT more money from you.
I know… that’s a discouraging thought. But it is, unfortunately, true.
The retail trading industry is, after all, a business. And the goal of any business is to maximise profits.
Now guess where that profit comes from?
That’s right, it comes from us, the retail traders. For every one of us that fails to make money, someone in the industry gets richer.
Did you know?
•There’s an entire sub-industry of people selling trading books and courses that have never traded a day in their lives
•Most trading “strategies” you’ve been taught can never work in the long run
•Your broker does not need to hunt for your stop-loss, because there’s a much easier way for them to make money at your expense… that’s 100% legal
•There are conflicts of interest in almost every aspect of this industry
•Most retail traders are trading in ways that exposes their weaknesses while avoiding their strengths
•In the trading “food chain”, retail traders sit at the very bottom
This scratches the surface of the “game” played by the retail trading industry.
New retail traders often come into the market thinking they stand a respectable chance of making money… but they are tragically ignorant about the vast network of organisations that are heavily incentivised to prevent that from happening.
In this new book, I’ll explain:
•The hidden conflicts of interest between retail traders (like us), and the various stakeholders of the retail trading industry
•How you have been conditioned to act against your own interests, right from the start
•The surprising truth about technical indicators and price patterns
•How to avoid the tragic fate of most retail traders, by doing the opposite of what they do
•How to adopt a new trading approach that will change your trading experience from being like an uphill battle, to a downhill stroll
This book is for people who want to cut to the chase and get right to the bottom of things.
•The same cliche trading "tips" and catch-phrases that you read about everywhere else
•Political correctness. I will be calling a spade, a spade
•Unnecessary story-telling just to inflate page numbers but do little to put the point across
•Vague concepts that have little practical use (like "cut profits and let losses run")
You can expect:
•Short and concise chapters. This will be a relatively short read.
•Direct, straight-to-the-point examples and illustrations
•A paradigm shift to your perspective of retail trading, and what it really takes to succeed as a retail trader
The last thing you should know is that I am a trader, not a writer. If you read this book from the perspective of an editor, you might flip out a few times. But if you read this book as though we are having a conversation at a coffee shop, you might pick up something new… and perhaps, even enjoy the learning process.
If you’re a retail trader (or looking to start soon), get ready to have your eyes opened to the REAL world of retail trading.