Author Archives: Rory McClellan

Forex Mistake #17 – Fast Money, Fast Cars

Fast and Furios Trader

There was a time when I didn’t do the same with my Forex account. I needed my money fast. Dangerously fast. Once I’ve stopped thinking about getting rich quick, I was able to make much better trading decisions. Learn to avoid the rush, and you might just make better decisions!

Check it out
4
100%

Alpari Is Why Im Broke
Broker Review

Moscow in the winter

Accusations of stop hunting have been made against Alpari, but for some years now crying “My broker is hunting stops” is very “cool” among traders… Everybody thinks that a stop loss hit is a stop loss hunted. Sorry, but that’s not always the case. Read, or well, go broke!

Check it out
3
93%

Forex Mistake #2 – I Against I

Classic Pong Game

Nothing was good enough. I felt I needed to improve something and I was constantly thinking there’s a better setting to find. In a way I was right, but the thing I needed to improve wasn’t the strategy, but my mindset. Took me long enough to figure out this silly pong game I was playing with myself

Check it out
5
100%

LMAX Is Why Im Broke
Broker Review

And the Winner is... Lmax!

If LMAX is a Scam, I’ll never write a broker review in my life because I’m probably an idiot. If they are a Scam but I consider them one of the best, then I don’t deserve to give you my opinion anymore. Other than a few minor slippages, I don’t see how you get broke here.

Check it out
18
82%

Markets.com Is Why Im Broke
Broker Review

markets.com monkey

Markets.com wants me to “copy” a trade 3 hours old that was opened at a non-existing price… no thanks! That’s an easy path to account obliteration, but not the only one unfortunately. Read this broker review before your copy trading positions get you broke!

Check it out
7
80%

Oanda Is Why Im Broke
Broker Review

Oanda, cold beer anyone?

Even if you are drinking your favorite beer, you will probably hate it if it’s warm. But it’s not the manufacturer’s fault you didn’t keep it in the freezer long enough. Maybe their product is good but some people are not using it right. Here’s how you keep away of going broke with Oanda

Check it out
14
86%

InstaForex Is Why Im Broke
Broker Review

unclear? welcome to InstaForex

Let’s leave aside all the talk, negative comments and user reviews because those could be faked. InstaForex warns their clients in a public document that profits can be canceled for “unclear” reasons. Say What? Come Again? Boy you should read this one

Check it out
10
91%

Forex Mistake #11- Chasing the Flying Pig

Flying Pigs

Now about Flying Pigs… well, have you ever seen one? I sure haven’t… Chasing the Holy Grail could get you broke sooner than you think. There are only 2 possible explanations: they don’t exist or they know how to hide really well

Check it out
5
82%

List of authors that contributed to Forexiswhyimbroke.com :