LONDON, March 26, 2015 /PRNewswire/ -- Jarratt
Davis, the UK's most reputable forex trader and educator, has
warned that inexperienced retail traders are more likely to become
victims of online money making schemes that claim to teach the
'Holy Grail' forex trading system.
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Jarratt Davis, ranked as the
second best performing forex trader in the world by Barclay
Currency Trading Index, is known as the creator of an innovative
online forex education course. He currently teaches thousands of
retail traders how to improve their performance in the forex
markets. The UK-based trader claims that many so-called
'educational courses' promise to deliver failsafe trading systems,
that actually don't exist.
"These courses make a profit by exploiting inexperienced
traders, who are both curious and eager to learn the facets of
forex trading. Over the past five years, I've seen these kinds of
courses become more popular. They focus on gimmicks and dangerous
'quick-win' strategies, but lack the capacity to teach the
skill-base necessary to establish a career in forex," explains
Jarratt Davis.
"When people decide to learn a new skill, they tend to be
extremely eager to make fast progress. This is no different for
people starting in the forex trade, they are simply enthusiastic to
learn. This can lead to inexperienced retail traders signing-up to
a number of different educational courses.
"Unfortunately, because the forex education market is dominated
by money-making scams which contain unreliable information, novice
traders are at risk. The truth is there is no 'Holy Grail' trading
system that these courses claim to offer. It really bothers me as
an educator that the creators of these courses are making so much
money from monthly subscriptions.
"When I started my forex career, I had to experiment with a
variety trading methodologies that promised to deliver perfect
results. I soon realised that there is no 'Holy Grail' trading
system, and that it takes persistence and hard work to become
successful in forex."
Jarratt Davis has helped retail
traders become profitable by releasing a free four-hour online
video series. In this video series, he highlights the common
mistakes novice traders are likely to make when they begin their
forex trading careers.
The UK-based trader also discusses the three major concepts he
judges to be vital to the future success of any forex trader within
the video series. These are: understanding fundamental analysis,
risk management and trading psychology.
The free online educational video series outlines strategies
that Jarratt Davis has developed
during his years of trading. With these techniques, he has earned
key positions at respected financial institutions. This includes
his current post as head of forex at a global investment firm.
Jarratt Davis has beaten the stock
market annually since 2008 with these strategies.
"Traders don't just become successful overnight. To truly
fulfill their potential, traders must start to ingrain good habits
as early as possible in their career. I've witnessed many novice
retail traders develop bad habits during my time of teaching. I
want traders to learn how to identify their bad habits and replace
them with good ones. Hopefully, my free video series helps traders
achieve this," explains Jarratt
Davis.
"It's incredibly important that traders manage their emotions
and feeling when working in a live trading environment. I hope that
my video series will help traders acknowledge this. Many traders
will also experience phases of anxiety and doubt about their own
performance. The content within my video series will help traders
remove emotion from their decision making process."
To date, thousands have registered to receive Jarratt Davis' educational resources in the hope
that they can push their trading to an institutional level.
"I'm incredibly fortunate to be in a position where I can share
my expertise with so many aspiring traders, it really is a
privilege. I know how a successful forex career can change lives
for the better, from both my own experience and the stories of my
students. I think this is why forex is becoming a popular method
for people looking to address their work to life balance," adds
Jarratt Davis.
"Through my free four part educational video series, I hope to
give novice traders the confidence to stick with forex trading for
a substantial amount of time. By doing this, traders should be able
to recognise that forex is a genuine career path. I know how hard
trading can be in the early days, but by sticking with a reputable
education course, traders can rest assured that their hard work
will pay off in the long-term."
Those who wish to subscribe to view the free educational video
series should visit JarrattDavis.com before submitting their name
and email address.
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SOURCE JarrattDavis.com