Let Me Get A #9 With Extra BullSxit
We live in an age where garbage information is at an all time high. The amounts of misinformation spread across the internet is absurd. It took medical researchers almost two centuries to finally realize that vaccines cause autism and numerous other mental and health disorders. Now people are just beginning to "wake up" and realize this themselves.
Take the news as another example, it is extreamly easy to produce attention getting headlines that draws on the crowds emotions and create a buzz on that specific story for the next several months, which then proves to be false information just to produce an audience and revenue for the media outlets, compared to simply telling the truth from the beginning and avoiding mass hysteria and misconception.
Forex Trading Is Becoming More Imbalanced As Time Goes On
Online marketers do this all the time. They produce BS articles on trading information and nothing on the actual application of trading. You see, there is a significant difference between knowing and understanding.
You can know as much of a subject as possible but still not understand what you are reading/learning. That's pretty much how modern day education systems teach students.
If you go online and do a simple GOOGLE search for " How to trade" or "FOREX education", you will find millions of articles pretty much repeating the same information, it becomes pretty redundant after searching through the first 100,000 pages on a search engine.
So why does this happen?
Forex marketers and false trading coaches/gurus find it easier to produce articles on complicated information and theoretical concepts to raise their audience because they know that these search engine algorithms will make them more of an authority on the subject if they can produce as much BS information on the topic as possible and gain as many "likes" and "subscriber counts". You see it on social media (Instagram, Facebook, YouTube, Twitter) and the inconvenient truth is that it has been going on since the birth of this industry when trading gurus didn't have an online platform to market their theoretical concepts so they wrote "books" and mass distributed them to the general public on Amazon, Ebay, and the most notorious of them all, book stores such as Barnes & Noble. Don't believe me, click on the hyperlinks on one of the names in this article and you'll go down the rabbit hole into a world of nonsense and redundancy. Online Marketers have plagued Instagram by posting rented luxury cars and buying likes using third party software. The next time you are on Instagram and come across a post with someone covering license plates wearing a club outfit and posting luxury quotes at the bottom of the image, just take a second and think to yourself "what are they trying to sell me?". I used to have hundreds of photos on my personal Instagram showing my real life and the realities of being a day-trader, but took them down due to the ever growing environment of internet marketers and entrepreneurs. Now you will only see one post that I haven't updated in years. I may start posting again as the economy crashes and people become more desperate for attention with less and less props. As I once said in one of my past blogs and also on the home page of this website, "The marketers of today will not be around in the next 5-10 years, so don't rush to the finish line as trading is a marathon not a sprint".
Well, What Can A Prospective Trader Do To Learn How To Trade The Right Way?
Just like the media outlets and celebrities, trading gurus/educators have found a method to attract the masses and spread misinformation without any validity to the topic they are talking about. They do not have any track record from a verifiable source nor any financial proof that they have earned a living solely from trading. It's ironic that many traders you see on social media only show the right side of their screens or blatantly show only screenshots of winning trades with none or very little amount of losses.
My advice is to either keep trading on your own, learning from your mistakes, stop trading all together, or find a reliable resourceful trader that has years of real live trading under their belt. I suggest you check out my FOREX Academy to get help from me if you have found my blogs and other free content on this site helpful. And when you do become a consistently successful trader, please do something great for the community and pay it forward.
I have been trading the financial markets for the past decade and have failed to the point where there were no other ways to fail. I trade for myself with my own financial resources and enjoy the freedom of being my own boss managing my independent business built from the ground up. Feel free to message me anytime with questions.