Rebates is a sure thing in one's trading!

It is a known fact that trading is not an easy profession to succeed upon, veterans traders knows it, beginner traders may yet to realize it, but one area in trading that most traders may not realize is that by taking advantage of rebates program that some brokers offers to their traders. Rebates in case you did not know is about getting back a share of the spread that the broker is getting from every trade you make in their company, it is actually a marketing strategy that most brokers used to attract traders to signed up with them. But be aware though that some of the rebates program offer by some brokers has conditioned to be meet before you can avail of such rebates and the rates varies from broker to broker, make sure to know all of these underlying conditions before signing up with them.

But their is also a better way to avail rebates from different FOREX brokers, the company is one of the leading rebates provider in the industry, their reputation from different forums and review sites speak for itself.All you have to do is go to the website and register an account(registration is FREE); after that choose a particular FOREX broker that you would like to signup with, there are around 35 brokers to choose from and the rates of rebates and their reviews are also listed there, so pick the broker that you think most reputable and has the best offer. They also have a handful of popular payment methods for withdrawal purposes such as PAYPAL, Neteller, Skrill and more, minimum withdrawal threshold is as low as $1.

Rebates program is one important aspect in trading that I think most traders ignored, its an income generating  aspect in trading that we can take advantage of  regardless if we are losing or winning, if you are already a profitable trader it is an additional income for you, while for still struggling traders its a way to at least regain something back from our loses, rebates program is definitely a win-win situation for all traders.

List of available brokers! 

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Note: These are my tested good brokers: Tickmill, Vipromarkets and Global Prime

Finding A Realistic Profitable Trading Strategy!

Trading is a tough profession to crack, but the beauty about it is that market it is so dynamic and it has a lot of ways to extract profit from it, and any type of strategy can work as long that the trader using it will consistently follow its trading rule. Newbie trader fails because of the lack of knowledge, while veteran trader fails because of inconsistencies and indiscipline, there are cases that a trader may already have a good strategy at hand but because he has different mindset or agenda he may abandon such strategy and look for another one that fits to his own unrealistic criteria.

All traders participate in online trading because they want to make quick money and become financially independent in a short period of time, so in order to achieve it they will look for trading strategies that has high winning rate you can attest to it by visiting MQL5 website where most of the popular strategies there has high winning rate percentage(85% to 90%), but if you notice none of this traders has an account that last of more than 2 or 3 years, meaning a trader that using a strategy that has high winning rate or a very smooth equity curve cannot survive over a long period of time in there trading because all of them are using either a big SL(or no SL)-small TP strategy that somewhere along the way they get punished by the market and have their account wiped out, it is more into gambling rather than trading.

Real trading is about consistently making profits through years of trading no matter at what market condition, consistency in trading does not mean to have 100% or higher winning percentage in trading, of course most traders aspire to such figure but it is unrealistic and they will just end up in the losing side should they aspire to such goal. All high winning percentage strategies involves high risk approaches that it can also easily wiped out your account easily, it is important that traders realize proper implementation of good risk reward ratio in their trading, that it is not necessary to make higher winning rate to be profitable. If traders want to succeed in this very tough profession I would suggest that when a trader develop or look for strategy to use in their trading it must be always in the context of good risk reward ratio(at least 1:1) and proper money management in addition to proper handling of one's psychology.

In conclusion, individual traders has always the final say of what path they would take in their journey as a trader what is important here is we are consistently making money over years of trading, but it is also important to note that whatever path we would like to take in trading it must be in harmony with our personality and belief system to avoid confusions when making those trading decisions.