Forex Mentor's Verified Trading Performance Is Very Important

FinanceStocks, Bond & Forex

  • Author B. A. Rogers
  • Published November 27, 2011
  • Word count 563

When you browse the internet looking for a forex mentor you will notice that the first thing they mention is their superior track record or trading performance. Claim of success is the main reason why people chose certain service or forex trading course over the other. When people see a guru claiming to make a triple digit profit per month they usually feel very happy because they think they have finally found the right person that can bring them trading success. The sad reality is the vast majority of people coming to gurus lose the money that they earned with hard work. The ability of the guru plays a major factor in the success of your trading. A guru that is capable of trading and teaching will produce successful students. However, a guru that is not capable of trading profitably and cannot teach will never produce successful students. It's pretty simple, right?

So how do you know whether the guru/mentor is really capable of trading or not? The answer is by looking at his trading record. However, you can't just trust a trading record that the mentor put on his website. You must at least check whether the trading record is a verified trading performance (audited by a reputable auditing company) or not. You can trust an audited trading record because it was already checked by a legal entity proficient in auditing. In essence, you can be sure that the document is not manipulated or falsified. Giving a trading record to be audited means a lot because it shows that mentor had a good intention to remove the doubt that people might have toward him and also it means he has nothing to hide.

Verified trading performance separates genuine forex mentor from the rest of the pack. The rule of thumb is a bold claim must be accompanied by strong evidence. On the internet everyone can claim anything they want to and people are doing it everyday on Facebook. I might ask my friend to take a photo of me smiling and leaning on the latest super car and then I can claim to be a rich guy. What is your reaction when you read the claim and look at a picture? Will you believe it? Obviously, you will not just believe that claim, right? You need to see the proof. That is the correct attitude and it must also be used in judging a forex mentor. You can trust the mentor if he can prove himself and you should not trust the mentor if he can’t provide you with the proof.

When it comes to forex course you will see various claims and if you're not careful enough you will lose money (from buying the product and from implementing the trading advice). There are people out there that specifically target new traders and unsuspecting customers. They simply don't care about the customer and the growth of the customer's trading account. All they really care about is how to make big money as soon as possible even though other people might suffer from their product and advice. Just as I emphasized earlier verified trading performance separates great forex mentor from the rest of the pack. Follow this advice when looking for a forex mentor and you'll save a lot of money from the initial buying and from implementing the trading advice.

Sorting out great forex trading mentor from the good ones is a difficult task because it requires time, effort and evaluation technique. Fortunately you don't have to do it yourself. You can simply click here and cut the searching time. Time is a very precious thing in life so use it to learn high quality forex trading material directly from the world-renowned forex trading mentor himself.

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