Mission: To determine who can be trusted in this Forex Market.
First of all, let me say that I'm completely disappointed with the lack of professionalism in this market currently. I consider myself to be a business man, and I hold myself to high standards, and I expect the same of others. I've noticed that there's a surplus of unnecessary brokers in this Market, and it's about time that someone goes and cuts through all of the BS to get to the truth.
There will be no biased opinions on my part, so ALL Brokers are at risk.
3 weeks ago, I was a complete newbie to the FOREX world. I fell for the extravagant website design of IBFX, and signed up. This was before I found out about FPA. Not only that, but the whole reason I decided to get into the market was because I was taken in by the EA market out there. "Turn $50 into $5000 in 3 weeks", more like turn $50 into 50 cent in 3 weeks. If you're new, and don't know anything about Micro Accounts, then you should do your research.
So, I no longer depend on EA's to make winning trades, I took the time to research the Forex market myself. After a few dozen headache's, I've developed some pretty good tactics. Being that I'm a math geek, I feel right at home with Forex. Seems like something I'll be doing for a long time, but in order for that to happen, I need to find a reputable broker. That alone seems harder than making winning trades in the market.
Even though I have about 25% faith in EA's, I don't hate them all. As time goes on, I'll report on EA's that I've used in the past, and EA's that I'm currently using, or plan on using.
Until then, Happy Trading,
Over & Out