Leading Forex Educator Jarratt Davis Warns Too Many Retail Traders Exposed to Money-Making Scams
LONDON, March 5, 2015 /PRNewswire/ -- Jarratt Davis, one of the UK's most reputable forex traders and educators, is warning all forex retail traders about money-making scams disguised as online educational courses.
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Jarratt Davis, ranked by Barclay Currency Trading Index as the second best performing forex trader in the world, has created one of the most popular forex education courses. Unfortunately, he believes that the forex education market is full of programmes and courses created by companies that exist simply just to con people out of money.
In his opinion, these educational resources only exist to make a profit and it's inexperienced traders that are more likely to be caught by these money-making scams. They take advantage of the eagerness to learn and lack of knowledge these traders have. The most common type of programmes will attract customers with the promise of 'quick-win' trading strategies and hide behind gimmicks. They don't teach the values and fundamental concepts of forex trading that are vital for sustainable success and profitability.
"Embarking on a new professional career is an exciting time for most people, but the problem is that this excitement can get the best of some traders. Since I began trading in 2008, I have seen many inexperienced traders start their journey with great levels of enthusiasm and a willingness to absorb any information that's offered to them. This often ends up with them signing-up to a variety of online courses," explains Jarratt Davis.
"There is so much information available in the forex education market, and for those who are new to the game it can be hard to know what is reliable and what isn't. Unless traders know what they are looking for, it can be very easy for them to sign-up to wrong type of course and hand all their money over. As an educator it really bothers me, because the number of money-making scams within the forex education market is constantly increasing and they're really starting to have an effect on the forex community.
"When I started my forex career I invested a large amount of time experimenting with different trading methodologies that would promise to deliver perfect results. Over time however, I found that there is no 'Holy Grail' system and if you want long-term success you need to be able to develop your own strategies."
Jarratt Davis is considered to be one of the world's leading forex educators and his success has attracted thousands of people wanting to sign up to his educational courses. He has recently released a free four hour online video series for retail traders which contain the key components of his methodology to trading, and he also identifies the common mistakes that many inexperienced traders may make.
The free four hour course covers the three major concepts that he believes are vital to successful and profitable trading over a long-term period; understanding fundamental analysis, risk management and trading psychology.
With a proven track record and fund manager to a global investment firm, the institutional trader believes that forex traders facing entry-level problems can resolve their problems with simple shifts in thinking and methodology.
"The success of a forex trader is dependent on their daily habits. In my forex career I have seen many novice traders work with bad habits which have caused them to lose money, so the aim of my free educational video course is to get those people to start good habits and lose the bad habits," adds Jarratt Davis
"Feelings and emotions also play a large part in a trader's success. Most people will harbour the same anxieties and ambitions when it comes to trading. The problem however, is that if traders can't separate these feelings it can cause them to make bad decisions. By taking emotion out of the situation and being able to rise above those feelings, traders will see a marked difference in their profitability."
Jarratt Davis has beaten the forex market every year since he began trading in 2008, and in the free educational video he shares the strategies that have allowed him to do this. Thousands of people have seen his success and have registered for his educational resources.
"Teaching people forex is an amazing experience and there's nothing like it. Forex trading offers a life-changing career that not only allows them to significantly increase their income but it also gives most people a personal freedom that many careers just don't offer," explains Jarratt Davis.
"Becoming a forex trader my life changed completely. As well as consistently profiting from my trades, I've improved my health, regained control of my own time and travelled the world. Trading has given me the opportunities that no other career can.
"By educating other forex traders, I just hope I am allowing them to have the same opportunities that I've been lucky enough to receive. I don't offer a 'winning' solution that works for all traders - instead I am teaching traders how to develop their own strategies that work for them."
Those who wish to subscribe to view the free educational video series should visit JarrattDavis.com and submit their name and email address.
SOURCE: JarrattDavis.com
SOURCE JarrattDavis.com
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