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A blog by TradingMetro founder, Samuel Araki

Free Trading Resources! Free Ways to Quintiple Your Account!

OK so the headline is me being a little cheeky, and let me say right off the bat that it’s meant in good humour – there’s no actual proposition here to you.

I’ve grown increasingly frustrated at one website after another being created with FREE ________ – whether it’s FREE education, FREE trading information, FREE trading tools, FREE community (like a badly overplayed poker hand, this is so yesterday) – I think you get the idea. There is FREE stuff everywhere and what does it all really mean? Is there some sort of inference that through the mounds of FREE stuff that you can actually make money? Perhaps even double, triple, quadruple, or (gasp) quintiple your account?!?

Let’s not fool ourselves. Most of the FREE stuff is a waste of time. But in the world of online marketing, traffic is king, and people will always be seduced by anything FREE (or anything heavily discounted – regardless of what something’s “true” value is), and the better trafficked a website, the better its advertising revenue can be.

So next time you are drawn in by the next FREE wonder if there is more substance there than style. Not all FREE propositions are equal. There are quality resources online. Whether it’s the economic calendar at Forex Factory, or the Forex education at BabyPips, or even the small little quote box on the homepage of DailyFX.com, they exist.

Just don’t be sucked into all the FREE things you come across. Especially those time eating FREE things, because then you’re trading your time for FREE. That includes he new MetroSource section we’re building at Trading Metro where we will house free resources that we find.

Out of curiosity when is the last time that you received anything for free which has provided exceptional value to you? After that list another four things.

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2 Comments

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  1. I know exactly what you mean! It is everywhere! And sure a lot of it (of not most of it) is bulls…. But I am always looking. One thing I specially enjoy is free webinars. Getting new perspectives is always interesting, and it is a rather quick process to sort the good from the bad ones. However, everyone seems to be promoting their own free ebook. I have read a bunch of these, and I have yet to find something that has not been offered before. Copy/Paste seems to used heavily, and creativity is a none existing term! Talking about free stuff, I look forward to your next Non-Farm Payroll webinar :)

  2. I understand the frestrtion. But I take it in positive sense. It is evident no one is giving money freely. But It is just giving *free tip*. Probably all free offers are useful for beginners who really interested to establish. Also it is true, in following the process of free offers one is certainly burning his hands too. Probably lack of understanding the system. ;-)

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