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The Disadvantages and Advantages of Forex Rebate Programs
If you want to be a successful trader, you should not sign up for a forex rebate program. Why should this be? After all, aren’t these programs designed to benefit traders by giving back a certain amount of money for every trade they make? Yes, but there are also many downsides for a trader when he gets rebates on his trades. A forex rebate can make you complacent. After all, why bother exerting yourself to make successful trades when you are earning some money anyway on all your trades? Joining a rebate program can make you reckless. Since you’re getting rebates on your trades, win or lose, why not be more rash? ... (full story)