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"10 Mistakes to Avoid
and Learn From in
Trading Forex" An E-book by Mark So, Founder Forex Club Asia
“10 Mistakes to Avoid and Learn From in Trading Forex” By: Mark So, Founder Forex Club Asia
To Get this E-book, Just Join us at http://www.forexclubasia.com/join-us-for-free/ Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.
Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss
of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek
advice from an independent financial advisor if you have any doubts.
Become
a
Starter Member of Forex Club Asia
for FREE
Go to:
http://www.forexclubasia.com/join-us-for-free/
Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable
for all investors. The high degree of leverage can work against you as well as for you. Before deciding to
invest in foreign exchange you should carefully consider your investment objectives, level of experience
and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial
investment and therefore you should not invest money that you cannot afford to lose. You should be
aware of all the risks associated with forex trading, and seek advice from an independent financial
advisor if you have any doubts.
“10 Mistakes to Avoid and Learn From in Trading Forex” By: Mark So, Founder Forex Club Asia
To Get this E-book, Just Join us at http://www.forexclubasia.com/join-us-for-free/ Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.
Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss
of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek
advice from an independent financial advisor if you have any doubts.
Are You Making These Mistakes When
Trading the Forex Market?
After more than a decade of trading the forex market, we at Forex Club Asia have come to
understand and live by specific realities of this unyielding and often cruel market. Anyone who
trades this market long enough will inevitably sustain battle scars which can sometimes just be a
small survivable nick, but oftentimes, without the right guidance can be downright fatal.
So for the starter members and newbie traders reading this, we hope that you read and digest
what we at Forex Club Asia want to teach you to avoid. This is for your benefit. And for the
traders that have been around a little longer and are still at it despite the pain, we hope that this
mini e-book will remind you if not point out to you what Not to do when you trade the Forex
market moving forward.
.
"10 Mistakes to Avoid and Learn From in Trading Forex"
An E-book by Mark So, Founder Forex Club Asia
Mistake # 1. Trading with fearful money
Let's start at the very beginning. You deposit your funds into your account, but you are not
willing to trade it until you are 100% certain that the trade you make will make money. You are
already making mistake #1. You are trading with fearful money. Now there is nothing wrong
with not wanting to lose money, of course, who would want to willingly toss their wealth away,
but if it is more than just the fear of losing, meaning if you cannot afford to lose the money, then
please take our straightforward advice -- don't start trading yet.
Here's a story of one of our members to give a little more depth and perspective on what we
mean by Mistake # 1. A member of ours back in 2008 became convinced that Forex trading was
the way to financial freedom, so he did what he thought was a natural thing to do, he took out a
loan from his credit cards (plural) and placed a huge deposit into his trading account. Still wet
behind the ears, he started trading like there was no more tomorrow and lost it all in just a few
short weeks. He thought that he could quickly pay off the debt with his future earnings, he soon
painfully realized that he could not afford the losses at all. So he had to find additional work and
a total of 3 years to fully pay off this debt. Now, there was nothing wrong with wanting to make
“10 Mistakes to Avoid and Learn From in Trading Forex” By: Mark So, Founder Forex Club Asia
To Get this E-book, Just Join us at http://www.forexclubasia.com/join-us-for-free/ Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.
Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss
of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek
advice from an independent financial advisor if you have any doubts.
money in forex, but if you go about it by using money you can't afford to lose or what we call
"fearful money" then let this story be a shining example of what consequences may lie ahead for
you.
Okay, here's the game plan then to avoid this mistake. Before you deposit money into your
trading account, ask yourself this simple question "How much can I afford to lose?" Whatever
your answer, that is the only amount you deposit and trade in your account. At Forex Club Asia,
we recommend for the complete beginner to put in only $300 US. If you can afford to lose that,
then good, you are now trading with "Fearless money" and you can now trade more objectively
Mistake # 2. Trading without stops
A "stop-loss" order is one of the most crucial orders there is in trading. It prevents you from
losing more than you should if the trade goes bad.
Let's say you buy something, anything and not necessarily currencies, at the price of 10. If you
can sell that something at the price of 12 then you make a profit of 2. Are you following? Okay,
but what if that something starts to lose value and the price that anyone is willing to buy it now
will only be 5? Then you've lost 50% of your money.
Well, think of stop losses as a means to get out even before the price drops to a level where you
do not want to be. So going back to our example -- You buy something at the price of 10, you set
a stop-loss order to 9, now if that something starts to drop in value to 5, before it even reaches 5,
you will still be able to sell it at 9 with only a small loss of 1 or 10% instead of 5 or 50% Got it?
Now, please read and repeat this line: "An amateur trader thinks about profits, a
professional trader thinks about risks."
Would you like to be a professional in this field? Then never trade without stops because the
Forex market, more than any other market, is a place where volatility, irrationality and downright
ugly can last far longer than you and anybody of that matter can remain solvent. Trading without
a stop loss order is like jumping out of an airplane without a parachute and just hoping that you
land on a soft patch of hay in the middle of a snow storm (and what are the chances of that
happening?)
Here's another story from another member of the club to illustrate how devastating trading
without stops can be. In 2007, a member of ours deposited $9,800 into his trading account.
Within 3 short months, he was able to grow this to a whopping $18,000. So he informs us of his
good fortune and we congratulate him and tell him that a 100% gain in 3 months is superb, time
“10 Mistakes to Avoid and Learn From in Trading Forex” By: Mark So, Founder Forex Club Asia
To Get this E-book, Just Join us at http://www.forexclubasia.com/join-us-for-free/ Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.
Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss
of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek
advice from an independent financial advisor if you have any doubts.
to withdraw the profits and take the risk off the table. He just looks at us incredulously and asks
why he should do that, he'd rather "compound" the money and double it again. A few days later,
he informs us that he was doing very well. So well in fact that he decided to just trade with his
gut and without stops! He reasoned that because he was trading with a much bigger volume that
placing stops would be counter productive to his objective of doubling his money.We knew at
this point that his ego and greed were making him reckless which we warned him about. But you
see, there is only so much advice we can give especially if it will not be heard. A few more days
goes by and he informs us that his account had dropped to $1,500. Not a pretty story, in fact, it's
downright brutal, unfortunately it is a very common one.
So, remember now when we say, always trade with stops and never trade without them.
Mistake # 3. Moving your stops to a worse position
You are in the trade, you placed your stops, the market moves against you and you are about to
get stopped out. What do you do? Unless you aren't human, you will do what most people do,
move your stops away from the price, so that your trade lasts a little longer and hope that the
trade will eventually go your way. This is what we call the "folly of human hope" and we at
Forex Club Asia are not immune to this temptation, nor will a majority of you reading this right
now. As human beings we were designed to hope for the best when the going gets tough, the
problem is, in the Forex Market, hope is usually punished without mercy if you let it get out of
hand.
Remember that the reason why we have stops in the first place is for it to be "hit" when the
market decides to go against us, 9 out of 10 times, moving your stops to a worse position will
simply aggravate the situation and result in a much higher loss than when you first entered the
trade. Let's go back to the example a while ago when you bought something at the price of 10,
you place your stop at 9 and the price starts to drop to 9.8, then 9.5, then 9.1 you tell yourself, I
bought it at 10, I want to make a profit by selling it at 12 but in about 10 cents, I will sell this at 9
with a loss. Gee, let's remove my stop price from 9 and set it to 5, yeah, that should give me
more time to wait for the price to head back up. So that is what you do and the price goes to 9,
then to 8.8, then accelerates to 6, then goes to 5 and you sell at 5, your "revised" stop level now
results in a 50% loss, 40% more than if you had not moved your stop order at all.
Let us share another story of another member of ours to show the "folly of human hope" by
moving your stops to a worse position. It was year 2003 and our member back then was trading
with a small $300 trading account (he was just a novice back then).
“10 Mistakes to Avoid and Learn From in Trading Forex” By: Mark So, Founder Forex Club Asia
To Get this E-book, Just Join us at http://www.forexclubasia.com/join-us-for-free/ Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.
Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss
of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek
advice from an independent financial advisor if you have any doubts.
In one profitable night of trading, he was able to add $95 dollars for a total of $395 in his trading
account. Not bad at all. He should have just enjoyed the gains and stopped trading right then and
there but decided to trade again to level off his account balance to $400 or $5 more from $395.
So he places another trade with his stop order in place. Within 5 minutes, the trade was already
producing $10 of profit, he had met his $5 objective and more so, but instead of cashing out, he
decides to stay with it and see how much farther it will go. But in the seconds that follow and
without warning, the market turns around and is now moving down, our member could
remember seeing the profit go down from $10, to $5, to -$5 and still plunging. So without
hesitation, he made mistake #3, he moved his stop order to a worse position. He was only
supposed to lose $20 on that trade, but because of his rookie mistake, the one single trade ended
up losing him -$345. That's right, he ended the night with $50 when it should have been $395. It
was a very tough experience for him which he remembers to this day.
So, if you place a stop (which you must know how to calculate properly by the way), treat it as
set in stone and if you will move it, it should only move in one direction, a better position.
Mistake #4 below expounds on this.
Mistake # 4. Not moving your stops to a better position
Have you ever had a trade that was making money one minute and suddenly turns around and
ends up losing? It's one of the worst feelings in the world, in fact many times, it feels even worse
than just losing money on the trade from the very beginning. Many traders do not do this for
most of them do not know that they can do this. A Stop-loss order can and should be moved to a
better position as often and as soon as you are in profit.
So let's modify our example of stops a bit more. Let's say you buy something at the price of 10,
then you want to sell it at the price of 20, you set your stop to the price of 9. Are you still with
us?
Okay, the market price starts to move your way and that something that you just bought is now
priced at 15. You are 5 price figures away from your goal of 20 what do you do?
Well, you can cash out already if you want, there is no shame in that, but what if you feel that it
will continue to move up to 20, well, one of the things that you should do is to move your stop
order to 10 or even better if you move it to 12. By doing that, if the market price starts to head
down from 15 to 14 to 13 and even lower to say 5, you are assured that you will still get out at 12
with a profit of 2.
“10 Mistakes to Avoid and Learn From in Trading Forex” By: Mark So, Founder Forex Club Asia
To Get this E-book, Just Join us at http://www.forexclubasia.com/join-us-for-free/ Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.
Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss
of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek
advice from an independent financial advisor if you have any doubts.
As a way to explain this even further, we have a video tutorial available for Trader and Lifetime
Members that explains how we do this at Forex Club Asia. Go to
http://www.forexclubasia.com/always-trail-your-stops/.
Mistake # 5. Adding to a losing trade
Ever heard of "Cost-Average-Investing"? Well it doesn't really work in the Forex Market. Cost-
Average-Investing is when let's say you buy something at the price of 10, then the price drops to
5 and you buy again, so your average price for buying that something is 7.5 (average of 10 and
5).
Which means you were able to buy the price of that something at a lower price which should be
good right? Well, in other markets, probably, in the forex market, it is synonymous to suicide.
Unless you are an advanced trader who understands how to "scale in" trades or “build your
position”, we at Forex Club Asia would warn starter traders to avoid Cost-average-investing in
the forex market like the plague. Reason being the forex market is a pure two-way street where
the price of currencies do not always go one way (up) but can go the other way (down) for
months even years without heading back up.
To illustrate how dangerous a mistake this is, here's another story of another member of ours that
kept adding to a losing trade. The year was 2007. For 2 weeks, there was a huge crisis brewing in
China and the GBP (Great British Pound) was crashing relative to the USD (US Dollar) because
of it. Our member had $30,000 in his account at that time and he had pulled that money from his
401K in the US (Yes we do have US based members as well) to invest in Forex. It was just his
luck that he had bought the Pound at the exact hour the pound started to crash. At first, his
account went down by 10%. He kept his cool and proceeded to "cost-average" his trade by
buying again at a lower price. The price started to plunge further and his account was now down
a whopping 30%. He asked us what he should do to which we replied, cut your losses now and
stop adding to your trade. We later found out that he didn’t listen and instead kept adding to his
losing trade and by the time he realized he shouldn't have, it was already too late. His $30,000
account had dropped to $6,000.
So remember when we say, Never, ever add to a losing trade, cost averaging in forex will do you
more harm than good.
“10 Mistakes to Avoid and Learn From in Trading Forex” By: Mark So, Founder Forex Club Asia
To Get this E-book, Just Join us at http://www.forexclubasia.com/join-us-for-free/ Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.
Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss
of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek
advice from an independent financial advisor if you have any doubts.
Mistake # 6. Engaging in "Vengeance Trading"
We are all human beings with feelings, and when it comes to trading, the most destructive of
which is anger. When we lose money in the forex market, we can't help but feel wronged. We
will usually blame everyone and everything else before we own up to the consequences of our
actions, especially when a trade goes bad. One natural reflex we have when we lose money is to
try and win it all back in the same breath, and when you do not make the money back and lose
even more, this will cause more frustration and anger, which will inevitably may force a trader to
engage in what we here at Forex Club Asia call "vengeance trading".
Vengeance trading as the name suggests is trading the forex market for vengeance and not for
profit. As a trader, when you become extremely frustrated with loss after loss, you sometimes
lose it and go in to the market with whatever you have left, and sometimes, with everything
you've got. People will do this out of spite, just to prove that you are right and the market is
wrong. And as we very well know and have gone through a few bouts of this destructive
behavior ourselves, only one conclusion will hold true -- If you go after the market with
everything you've got, the market will take everything you've got.
As we have gone through the emotional ups and downs of being a forex trader, having been there
and having done that. So might we add a bit of advice to those willing to listen. A loss of money
no matter how big will only be compounded if it is accompanied by a loss of emotional
control. Controlling yourself emotionally is close to impossible if you are relying on sheer will
power to do the job for you. Emotional control must be done physically by shutting down your
computer for a few days and giving yourself time to re-charge. We assure you, doing so, no
matter how childish and simpleton as it may seem will save you from doing something even
more childish and irresponsible.
Mistake # 7. Not knowing when to rest from trading
Emotional control or emotional capital is more important than monetary capital. In other words,
the more you trade, the less you will be in control of your trades emotionally. Try trading the
market for 24 hours a day 5 days a week and you will see what we mean. A lot of traders believe
that trading more frequently will lead to trading more profitably. Although it may seem to make
sense at the onset, it depends greatly on the trader's capability to still be in control, especially
when the trades are losing and also when the trades are winning. At Forex Club Asia we do not
attempt nor pretend that we can control our emotions during these situations. Instead, we use a
mechanical rule to help us keep our emotional capital in check, we call this “The Rule of 3”.
“10 Mistakes to Avoid and Learn From in Trading Forex” By: Mark So, Founder Forex Club Asia
To Get this E-book, Just Join us at http://www.forexclubasia.com/join-us-for-free/ Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.
Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss
of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek
advice from an independent financial advisor if you have any doubts.
“The Rule of 3” works this way:
-Lose 3 times in a row, you stop trading by shutting down your gear, get out of the Forex Market
and re-charge. How long will you take a break depends on if you are no longer angry, or
depressed or wanting to exact revenge on the markets.
-Win 3 times in a row, you also stop trading and get out of the Forex Market as well. Let your
adrenaline die down. If you do not do this and keep trading with 3 wins under your belt, your
emotions and greed may get the best of you resulting in reckless, higher risk trades that if it goes
wrong can ruin your day when it should have been a pleasant one to begin with.
If there is one mistake that many, many traders make is that they forget to re-charge and re-
energize themselves and so, take our advice to heart. It is for your benefit and sanity.
Mistake # 8. Not setting a quota for your losses
Let us repeat this line once more: "An amateur trader thinks about profits, a professional
trader thinks about risks." As traders, we often imagine and fantasize how much profits we
can make from the Forex Market, we even have plans on our profit targets and when to cash out,
but little if not at all do we think about setting quota's for how much you can lose. At Forex Club
Asia, we make it a rule to never let our losses reach or exceed 30% on any given month. We
would therefore recommend that you follow us here or modify it to a more suitable percentage or
amount when you trade. Doing so will give you control of your trading. However, we do not
recommend going over 30% for losses as doing so will make it so much harder to recover. If
you were to modify this figure, do so to a smaller number.
Of course setting a quota and actually implementing it are 2 entirely different matters for which
we offer the same solution. Once you hit your loss quota for the month then, physically shut
down your computer, walk away and start again fresh and more emotionally re-charged the next
month.
“10 Mistakes to Avoid and Learn From in Trading Forex” By: Mark So, Founder Forex Club Asia
To Get this E-book, Just Join us at http://www.forexclubasia.com/join-us-for-free/ Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.
Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss
of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek
advice from an independent financial advisor if you have any doubts.
Mistake # 9. Not Setting a target and Not withdrawing profits often
If and when you start to make gains in the forex market, the normal thought process would be to
keep on trading with the money that you made. If for example you double your money from say
$1,000 to $2,000, you would most likely trade again with the whole $2,000 thinking that you can
increase or even double the money again right? The word you are looking for is "compounding",
and if you are not careful, this mistake can decrease your money a lot faster than making it.
Here is yet another story from 2 of our members to expound on this further. The year was 2008
and two members started with $1,000 each in their accounts. Member A was able to grow his
money to $1,800 in a month. He was so happy with his results that he contacted us and told us
the good news. We said that an 80% return in 30 days is not bad at all and that he should think
about withdrawing the profits. He didn't listen and instead decided to "compound" his earnings.
Exactly 3 days later his account ended up with $150. What he did not realize was that mistakes
in trading can happen, and if he has more volume on the line, the losses would be a lot bigger as
well.
Now, let's talk about Member B. He also started with $1,000 in his account, but unlike Member
A, was more "conservative". He was also able to increase his account to $1,500 in about 3
months. Happy as well with his results, he contacts us and tells us the good news. We said that a
50% return in 90 days is not bad at all and that he should think about withdrawing the profits.
Fortunately, Member B listened to our advice and decided to withdraw $500 from his account. A
year later, his account was still $1,000 but the important and more amazing part was that he had
withdrawn close to $3,000 already. What Member B soon realized after withdrawing his gains
was that doing so kept him "humble" and if he did commit trading mistakes, which inevitably do
happen, that it would not be as big as if he had "compounded" his trades by trading with bigger
money.
Many times, we see our new members still falling into the "compounding trap” and we always
tell them this: "Do not fall in love with trading, instead fall in love with withdrawing
money!"
Now let’s go a step further, as a starter member or a beginner trader we invite you to learn more
about our simple money management plan. Go to: http://www.forexclubasia.com/withdrawal-
planner/ to understand and download our Withdrawal planner now.
“10 Mistakes to Avoid and Learn From in Trading Forex” By: Mark So, Founder Forex Club Asia
To Get this E-book, Just Join us at http://www.forexclubasia.com/join-us-for-free/ Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.
Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss
of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek
advice from an independent financial advisor if you have any doubts.
Mistake # 10. Not seeing it through to the very end.
Anything worth doing in life, is rarely easy, even more so with trading the Forex Market.
Have you ever found and picked up a $20 bill lying on the floor? What will you do with it (after
trying to find and giving it back to the owner of course)? You will most probably spend it on
some useless junk, or for a few, might save it for a rainy day but rarely will you truly appreciate
its value completely. No really, think about it.
Why is this so you ask? Because it was easy money to begin with and as the saying goes "easy
come, easy go".
Now, let's say you work double shifts, work overtime, and sacrifice your precious time with your
loved ones and you get $20 for it. What will you do with that $20 now? You will most probably
save it, and you will appreciate every single cent of it and rarely would you just spend it on some
useless item. Why? Because it was hard-earned, and Well-deserved money.
The point is, forex is all about Hard-Earned AND Well-deserved money, for it will require
sacrifices, it will require work, and it will require risks.
The question is, are you in it for the quick buck? that may be here now and gone tomorrow? Or
are you in it for the long haul where if you truly understand this market, you will be able to
eventually get consistent and well deserved money?
So, the last and probably biggest mistake of them all is that traders often quit too soon and end
up leaving the Forex Market with nothing but bad experiences and memories. We have all
experienced this at one point in our forex careers and we know that it can come to a point where
nothing seems to work, and an overwhelming feeling of wanting to quit overtakes you, but we
keep going because we all believe in this one simple truth. Success is always just an inch away,
and we will never fail, for we will never quit.
Thank you for downloading and reading our E-book:
10 Mistakes to Avoid and Learn From in Trading Forex
Become a Starter Member of Forex Club Asia for FREE
Go to:
http://www.forexclubasia.com/join-us-for-free/
“10 Mistakes to Avoid and Learn From in Trading Forex” By: Mark So, Founder Forex Club Asia
To Get this E-book, Just Join us at http://www.forexclubasia.com/join-us-for-free/ Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.
Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss
of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek
advice from an independent financial advisor if you have any doubts.
About Mark So:
Mark is a Forex Trader, Forex Fund Manager, Forex Educator,
Businessman and Investor who started investing in physical
currencies in 1998 and then traded forex online in 2003 when the
internet became more stable and accessible.
Through the years, Mark (with the help of his loving wife Jhoanna) has successfully built the following
businesses which run until this day.
Mark is: The Founder and Chief Forex Trainer of www.forexclubasia.com (Online Forex Education / Live Trading) Established 2011 The Co Founder and Chairman of Businessmaker Academy. (Business, Finance, Corporate Training) Established 2003
The Founder and Chief Forex Trainer of www.monsterpips.com
(Online Forex Education) Established 2007
The Founder and Chief Forex Trainer of www.forexclubmanila.com
(Online Forex Forum) Established 2008
The Founder and Chairman of Buona Vita corp. (Events management corp) Established 2000
The Chief Operating Officer of Kitchen on Wheels. (Food Cart company) Established 1978
The Chief Financial Officer of Teach It Forward, Inc. (Charity organization) Established 2004
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