Credit Card companies are now starting to BAN all forex trading websites. This will soon change the entire forex education industry as we know it.
Why Pick On Forex Sites?
Credit Card companies aren’t just picking on forex websites, they are starting to change their policies for other categories of websites as well.
The reason that credit card companies are turning against FOREX websites is that the overwhelming MAJORITY of Forex websites provide trading methods that DON’T WORK.
That’s right, 99% of websites claiming to teach you how to trade forex simply DON’T WORK.
It’s an ugly truth that usually isn’t talked about…
Forex Credit Card Crackdown
It started about a month ago when paypal stopped accepting payments for forex related products and services. Yesterday I received an email from my merchant (Plimus) stating that credit card companies have changed their policies and no longer accepting transactions for forex. There appears to be no appeal process, just a flat out refusal to process credit card transactions for forex websites.
While this change won’t affect Forex Brokers, it will affect websites that TEACH forex trading, or provide forex SOFTWARE.
Good News for the Consumer
This move by the credit card companies will effectively put the bogus forex websites out of business. Of course this presents a unique challenge for the handful of forex websites that ACTUALLY teach you how to make money for real with forex (like rapidforex.com).
There’s another hidden benefit for forex traders…
Using credit cards for ANYTHING is the WORST thing you can do if you’re trying to create wealth. If you understand compound interest, the last thing you want to do is to pay it…you want to trade forex so you can COLLECT it!
The Most Moral Decision
There is still time before the credit card companies get to all of the forex websites.
Here’s what I’m doing that I feel is the most MORAL decision in order to help you build wealth, trade forex, and live a better life. I’m making a few changes.
Change #1 No Banner Ads
I’ve removed the banner ads from the Rapid Forex website. There is only one method of trading that I know works, and that is portfolio hedging.
I used to allow advertisements on the website because it was profitable for me to do so. But in an effort to clean up the forex education industry, I’ll only be promoting the trading methods that put PROFITS in my POCKET directly through my own PERSONAL FOREX TRADING.
Change #2 No Credit Cards
Ok, so the credit card companies made this choice for me. From this point forward I won’t be accepting credit cards for Hedge Report membership. I’ll be accepting checks. I’ll be cutting everyone a nice deal since this requires a little extra effort.
What’s IRONIC is that the Hedge Report is more PROFITABLE than EVER.
The Hedge Report will still continue because it’s generating excellent profits for the members and I.
In the next few days I’ll be posting the RESULTS of ACTUAL Hedge Report portfolio performance since the Hedge Report began. I’ll also update the website regularly in the future to show those results as they change and grow.
These are the SAME trades that I and the members of the Hedge Report have also traded.
The Hedge Report is a REAL trading method producing REAL profits for REAL traders.
I’ll also be providing a special deal for you to join the Hedge Report. Since I won’t be accepting credit cards, you won’t have to worry about getting automatically rebilled for something you’re not using. This allows you to only pay for the Hedge Report as long as you’re actually making money from using it.
This is actually a more fair deal for you
I only know of ONE method that makes consistent profits from forex trading, so that’s the ONLY method that I will be sharing with you on the Rapid Forex website. If I discover another method that actually works, I’ll share that with you as well.
So far after 15 years of studying forex, there’s only one that I’ve found that really works…
I’ll be reopening membership to the Hedge Report as soon as I can show you the updated profits we’re generating, the Hedge Report is kicking ass and making great profits. I’ll show you what they are in the next few posts.