Foreign exchange market has advantages that no other financial market ever had. Nevertheless, there are invisible queries connected with the challenge to profit on this market. For example, there are challenges due to the fact that it this market is open 24 hours, 5 days a week. Nobody can stay on the computer trading for 24 hours a day, at least not for long, so there is the need to establish a strategy so you can trade on your favorite time frame. It is also important to notice that the Forex market does allow you to put in just a little of your own money and still make a lot of money but with the same speed you can also lose your entire account.

Foreign exchange is a highly competitive and challenging market and the fact is that most people lose money on it. Yes, the market has its difficulties and challenges; it also has many scams related to it. There are the Forex brokers scams, the get rich fast schemes, the miraculous trading systems which claim to be able to turn you into a millionaire and many other useless products and plenty of other scams out there on the Forex market. All them may cost your hard earned money and precious time. Here are rules that can help you not to fall in one those scams:

- Make sure you take your good sense with you when checking on a Forex robot. If something looks questionable, than it most likely is.

- Don't fall for the get rich quick claims. Forex expert advosors that promise huge profits fast are just too good to be true.

- Do not purchase products that don't offer you money back guarantees. The least you should get is a free trial periods, that way you can test a product with no risk.

- Make sure you check the reviews about the products. Try to find comments from people just like you, traders writing about Forex trading systems, courses, ebooks, software and even Forex brokers. It is always good to check what other customers think about the products before you actually decide to put some money on it.

- Make sure you read all the information about a product before you trade it. Find the information about it on its website and make sure you really understand what you are getting. If you are unsure about anything, before you decide to trade it, send them emails with questions.

- The best thing to do before you actually use a real account is to test the Forex ea on a demo account. If you haven't tested a certain a strategy or system on your own, don't put money on it.

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