The People You Find on a Forex Forum
Whenever you sign up to a forum there are certain people you are sure to find. They range from the forum troll to the person that responds to everything even when they don’t know what they are talking about. This is the same for a forex forum and it is best that you know who the different people are. When you are able to identify these people you can determine who you should be listening to and who you should ignore.
The Forum Busy Body
Every forum on the internet will have a busy body. On the forex forum you can identify this person by the fact that they generally respond to every post and criticise all the trading strategies or systems on the post. They often come across as rather hostile as they rip into every analysis presented on the forum. The busy body often looks for an ego boost by boasting about how much money they are making on the market. The problem with these forum types is that they generally never give solid advice to people on the forum. They simply cut into what people say and often are not as good at trading as they say they are.
The Forex Forum Systems Poster
The systems poster is easy to identify as they are always posting about new systems they have found. The posts and threads they make are usually detailed and can be very informative. However, they also have a new system they have to tell everyone about each week.
The Forum and Trading Newbie
The new forex trader is the easiest person to pick out on the forex forums. These traders generally have millions of questions for the forum. A lot of these forum users also tell everyone that they are new to trading when they ask for advice. They may have some odd views of trading as they have not had much experience.
If you are a new trader then you should be wary of the information you get from other new traders. The reason for this is that you probably have the same level of experience. This means that they are not likely to know that much more than you.
The Long Poster
The long poster is actually one of the good guys on the forum. The one problem you may find with them is that all their posts are very, very long. You will feel like you are reading a novel and a lot of it may have no value to you. You can often get some good information from these users if you have the time and patience to read their entire post.
The Troll of the Forum
Forum trolls are easy to identify as they like to stir things up. They generally reply to threads in a manner which causes a heated discussion which may not actually leave you with any further knowledge. There are different types of forum trolls that you should be aware of. The one type is the pure troll who does nothing other than cause problems. The other type is the part troll who sometimes trolls the forum but at other times is actually quite helpful.
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