ZBIN is the pioneer business group in Zim in terms of OnlineForex Trading. We started on a good note before one of the founding admin decided to trade on behalf of members. The scheme never succeeded because the objective of the group was for members to get information about online forex trading and trade on their own. You get elementary information and then try on your own. A lot of practice required on a dummy account where you are supposed to master the basics.
We have had a lot of dubious trainers who train people and after training they then ask members if they are interested in having funds invested on their behalf-this never works as Online Forex Trading is a high risk area. There are no success stories of people who benefited from such arrangements. In forex trading, the rule is that you have to carry your own cross-trade on your own!
So what are we proposing this time around?
We will be relaunching Online Forex Trading on 1 May 2017 which is 2 months away. We will develop a strong and closely knit family of online forex traders, who can share information and resources. Everythin being conducted in a transparent manner. We would like to have a closely knit family that regularly meets and discuss on strategies, what is working and what is not.
So who can join?
We have learnt in the past, if you are not good with Mathematics then you are going to struggle, so allow me to exclude this group for now. We are inviting folks who are very good with their Maths, fast learners and willing to research and learn from others. We currently have 2 groups- the first one for Online Forex Traders in Zimbabwe and the other one for SA citizens.
Quick Riches?
People will learn slowly on their own-we hope to take advantage of the presence of seasoned traders on the forum in terms of resource sharing. This is not a get rich quick scheme-you have to put in a lot of hours trading small amount such as $5, making profits of say 50 cents till you are comfortable. If you are looking forward to making instant riches, then this programme is not for you.
What to do between now and May 2017?
Make this website your favourite site www.babypips.com. All the resources you need are found there. We also urge you to open a dummy Meta Trader Account and familiarise yourself with the tool. You can access a lot of videos on Online Forex Trading from Youtube.
Wishing you the best
