Saturday, March 11, 2006

Good Advice From The CFTC and NFA

I have come across some articles that may be useful to others. Some may seem like common sense, but many times common sense can be blinded by greed. These can come in handy if you need a realty check to chase away that greed. :)

This one addresses investment opportunities that involve Forex.

COMMISSION ADVISORY: BEWARE OF FOREIGN CURRENCY TRADING FRAUDS

This next link has some various articles regarding trading or investing fraud as well as a few other links of interest.

Customer Protection: Before you trade or invest

Here is one from the link above that is of particular interest if you want to invest in managed Forex.

COMMISSION ADVISORY:
Beware of Websites Selling Commodity Trading Systems that Guarantee High Profits with Minimal Risks

This is from the NFA regarding Forex.

NATIONAL FUTURES ASSOCIATION INVESTOR ALERT - AUGUST 2003

UNDERSTANDING THE RISKS OF TRADING IN THE RETAIL OFF-EXCHANGE FOREIGN CURRENCY MARKET



These articles may be boring to read for some, but if it makes you more aware so you don’t lose your precious capital then I think it is worth it. I highly encourage anyone thinking of investing in such investment vehicles to read this information first before proceeding.

Remember, nobody cares about your money as much as you do. ;)

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