Review 5 Reasons Why This HYIP is Not Worth Your Money

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Let’s consider the following statement. If it’s true that the market can only go up or down over the long-term, then using the most basic 1:1 risk/reward ratio, there should be at least 50% winners, shouldn’t there? Well, there isn’t. This article debates in favour of the notion that a trader is their own worst enemy, and that human error is at the root of most problems. In short, the main reason why Forex traders lose money is no rocket science. It’s the traders themselves.

Financial trading, including the currency markets, requires long and detailed planning on multiple levels. Trading cannot commence without a trader’s understanding of the market basics, and an ongoing analysis of the ever changing market environment. For those interested in investing and trading, read through the suggestions below and you will learn how to avoid losing money in Forex trading.


Overtrading – either trading too big or too often – is the most common reason why Forex traders fail. Overtrading might be caused by unrealistically high profit goals, market addiction, or insufficient capitalisation. We will skip unrealistic expectations for now, as that concept will be covered later in the article.

Insufficient capitalisation

Most traders know that it takes money to make a return on their investment. One of Forex’s biggest advantages is the availability of highly leveraged accounts. This means that traders with limited starting capital can still achieve substantial profits (or indeed losses) by speculating on the price of financial assets.

Whether a substantial investment base is achieved through the means of high leverage or high initial investment is practically irrelevant, provided that a solid risk management strategy is in place. The key here is to ensure that the investment base is sufficient. Having a sufficient amount of money in a trading account improves a trader’s chances of long-term profitability significantly – and also lowers the psychological pressure that comes with trading.

As a result, traders risk smaller portions of the total investment per trade, while still accumulating reasonable profits. So, how much capital is enough? Here it is important to learn how to stop losing money in Forex trading due to improper account management. The minimum Forex trading volume any broker can offer is 0.01 lot.

This is also known as a micro lot and is equivalent to 1,000 units of the base currency that is being traded. Of course, a small trade size is not the only way to limit your risk. Beginners and experienced traders alike need to think carefully about the placement of stop-losses. As a general rule of thumb, beginner traders should risk no more than 1% of their capital per trade. For novice traders, trading with more capital than this increases the chances of making substantial losses.

Carefully balancing leverage whilst trading lower volumes is a good way to ensure that an account has enough capital for the long-term. For example, to place one micro lot trade for the USD/EUR currency pair, risking no more than 1% of total capital, would only require a $250 investment on an account with 1:400 leverage. However, trading with higher leverage also increases the amount of capital that can be lost within a trade. In this example, overtrading an account with 1:400 leverage by one micro lot quadruples potential losses, compared to the same trade being placed on an account with 1:100 leverage.

Trading Addiction

Trading addiction is another reason why Forex traders tend to lose money. They do something institutional traders never do: chase the price. Forex trading can bring a lot of excitement. With short-term trading intervals, and volatile currency pairs, the market can be fast paced and cause an influx of adrenaline. It can also cause a huge amount of stress if the market moves in an unanticipated direction.

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To avoid this scenario, traders need to enter the markets with a clear exit strategy if things aren’t going their way. Chasing the price – which is effectively opening and closing trades with no plan – is the opposite of this approach, and can be more accurately described as gambling, rather than trading. Unlike what some traders would like to believe, they have no control or influence over the market at all. On certain occasions, there will be limits to how much can be drawn from the market.

When these situations arise, smart traders will recognise that some moves are not worth taking, and that the risks associated with a particular trade are too high. This is the time to exit trading for the day and keep the account balance intact. The market will still be here tomorrow, and new trading opportunities may arise.

The sooner a trader starts seeing patience as a strength rather than a weakness, the closer they are to realising a higher percentage of winning trades. As paradoxical as it may seem, refusing to enter the market can sometimes be the best way to be profitable as a Forex trader.

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Not Adapting to the Market Conditions

Assuming that one proven trading strategy is going to be enough to produce endless winning trades is another reason why Forex traders lose money. Markets are not static. If they were, trading them would have been impossible. Because the markets are ever-changing, a trader has to develop an ability to track down these changes and adapt to any situation that may occur.

The good news is that these market changes present not only new risks, but also new trading opportunities. A skilful trader values changes, instead of fearing them. Among other things, a trader needs to familiarise themselves with tracking average volatility following financial news releases, and being able to distinguish a trending market from a ranging market.

Market volatility can have a major impact on trading performance. Traders should know that market volatility can spread across hours, days, months, and even years. Many trading strategies can be considered volatility dependent, with many producing less effective results in periods of unpredictability. So a trader must always make sure that the strategy they use is consistent with the volatility that exists in the present market conditions.

Financial news releases are also important to keep track of, even if a selected strategy is not based on fundamentals. Monetary policy decisions, such as a change in interest rates, or even surprising economic data concerning unemployment or consumer confidence can shift market sentiment within the trading community.

As the market reacts to these events, there’s an inevitable impact on supply and demand for respective currencies. Lastly, the inability to distinguish trending markets from ranging markets, often results in traders applying the wrong trading tools at the wrong time.

Poor Risk Management

Improper risk management is a major reason why Forex traders tend to lose money quickly. It’s not by chance that trading platforms are equipped with automatic take-profit and stop-loss mechanisms. Mastering them will significantly improve a trader’s chances for success. Traders not only need to know that these mechanisms exist, but also how to implement them properly in accordance with the market volatility levels predicted for the period, and for the duration of a trade.

Keep in mind that a ‘stop-loss to low’ could liquidate what could have otherwise been a profitable position. At the same time, a ‘take-profit to high’ might not be reached due to a lack of volatility. Paying attention to risk/reward ratios is also an important part of good risk management.

What is the Risk Return Ratio?

The Risk/Reward Ratio (or Risk Return Ratio/ RR) is simply a set measurement to help traders plan how much profit will be made should a trade progress as anticipated, or how much will be lost in case it doesn’t. Consider this example. If your ‘take-profit’ is set at 100 pips and your stop-loss is at 50 pips, the risk/reward ratio is 2:1. This also means that you will break-even at least every one out of three trades, providing that they are profitable. Traders should always check these two variables in tandem to ensure they fit with profit goals.

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Not Having or Not Following a Trading Plan

How else do Forex traders lose money? Well, a poor attitude and a failure to prepare for current market conditions certainly plays a part. It’s highly recommended to treat financial trading as a form of business, simply because it is. Any serious business project needs a business plan. Similarly, a serious trader needs to invest time and effort into developing a thorough trading strategy. As a bare minimum, a trading plan needs to consider optimum entry and exit points for trades, risk/reward ratios, along with money management rules.

Unrealistic Expectations

There are two kinds of traders that come to the Forex market. The first are renegades from the stock market and other financial markets. They move to Forex in search of better trading conditions, or just to diversify their investments. The second are first-time retail traders that have never traded in any financial markets before. Quite understandably, the first group tends to experience far more success in Forex trading because of their past experiences.

They know the answers to the questions posed by novices, such as ‘why do Forex traders fail?’ and ‘why do all traders fail?’. Experienced traders usually have realistic expectations when it comes to profits. This mindset means that they refrain from chasing the price and bending the trading rules of their particular strategy – both of which are rarely advantageous. Having realistic expectations also relieves some of the psychological pressure that comes with trading. Some inexperienced traders can get lost in their emotions during a losing trade, which leads to a spiral of poor decisions.

It’s important for first-time traders to remember that Forex is not a means to get rich quickly. As with any business or professional career, there will be good periods, and there will be bad periods, along with risk and loss. By minimising the market exposure per trade, a trader can have peace of mind that one losing trade should not compromise their overall performance over the long-term.

Make sure to understand that patience and consistency are your best allies. Traders don’t need to make a small fortune with one or two big trades. This simply reinforces bad trading habits, and can lead to substantial losses over time. Achieving positive compound results with smaller trades over many months and years is the best option.

In Summary

There we have it, the main reasons why Forex traders fail and lose money, along with the steps traders need to take in order to prevent them from occurring. Studying hard, researching and adapting to the markets, preparing thorough trading plans, and, ultimately, managing capital correctly can lead to profitability. Follow these steps and your chances for consistent success in trading will improve dramatically!

Furthemore, to increase those chances even further, you should consider upgrading your MetaTrader trading platform with the ultimate enhancement – MetaTrader Supreme Edition! This free plugin offered by Admiral Markets enables you to boost your trading experience by adding excellent features such as the regular technical analysis updates provided by Trading Central, global opinion widgets, FREE real-time news, and so much more!

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About Admiral Markets
Admiral Markets is a multi-award winning, globally regulated Forex and CFD broker, offering trading on over 8,000 financial instruments via the world’s most popular trading platforms: MetaTrader 4 and MetaTrader 5. Start trading today!

This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Please note that such trading analysis is not a reliable indicator for any current or future performance, as circumstances may change over time. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks.

5 Reasons Cash4Offers is NOT Worth it (Cash4Offers Review)

Is Cash4Offers legit and a site where you can earn good money?

As you can probably figure out from the headline, I am not a big fan of Cash4Offers. But that does not mean the site is not legit, and you might have different preferences than me.

If you want to find out, if this site is for you before joining, I will in this Cash4Offers review share my experiences with you and give you my reasons, why I do not think it is a site worth joining.

But I will also look into, if it has any positive aspects as well, so you will be able to make your own decision.

So by the end of this review, you will know, if it is a site that is worth to join for YOU, or if you should look at other sites to make some extra money.

What is Cash4Offers and what does the site offer?

I have not been able to find much background information about Cash4Offers, other than it was started in 2003, so it has been around for a while.

When you first come to the website, it looks like it has not really been updated since as the look and feel of it is very outdated.

But the look of a site like this is not everything so let’s dig deeper into what it actually offers.

It offers several ways to earn money. Below I will go over these opportunities, so you can get a good overview, and see if it looks interesting to you.

Option 1 – Paid surveys:

There is a decent amount of surveys available, and this is the main way to make money on Cash4Offers. How many that are available depends a lot on where in the world you live.

The site itself says that it promises daily opportunities to people living in the US, but in other countries it will be more random how often you will have opportunities.

The surveys that are offered are through third-party providers, which means that in most cases, you will be sent to a different platform to take the survey.

That is fine and it is often done this way on survey sites. In my experience, Cash4Offers does however not pay quite as high rewards as many other survey sites, as if you do the survey at the sites directly.

Overall Cash4Offers has some decent opportunities for surveys, but just make sure to check, if they might pay better elsewhere.

Option 2 – Cash offers:

Cash4Offers has different paid offers you can take. Paid offers can be a great way to boost your earnings on survey sites and GPT sites (Get-Paid-To), but I am not too impressed with the offers at Cash4Offers and they are quite unusual compared to the paid offers on other survey sites.

All of them are links to the same website that offers you a free download of an ebook or something similar. You can choose between many topics.

Many of them are about how you can quickly make a lot of money at home (always be aware when a site promises you the secret to becoming rich with no effort), but there are also other topics.

Be aware that all the offers (at the moment I am writing this review) offer you $8 to take them. Or that is what it initially looks like.

If you look next to the amount (see picture below), you can see a little star. In the description, it then says that this means UP to $8.

But you cannot see anywhere how much you will get, and on the sign-up site you are taken to, all it says is that you will get the e-book for free, so not even here you will know how much you will get before taking the offer.

An example of a paid offer at Cash4Offers. Notice the little star that indicates that you will not necessarily get this high a reward.

I tried to sign up for one of the e-books to test what would happen. After that, I just got logged in to the site, and there I had to sign up for another free trial for something else before I would get access to the e-book.

At that point, I gave up, and think it is a very misleading way to get people to sign up for other websites.

Option 3 – Refer friends:

You can earn extra by inviting your friends to join Cash4Offers. You actually get a pretty decent reward for this compared to some other sites.

You will get $3 per friend that joins and completes at least one survey or offer.

It can be a nice way to earn some extra money, but the problem for me is that I really cannot recommend Cash4Offers, for several reasons already mentioned and more I will mention below. Then it does not really matter, if there is a good reward for it.

Option 4 – Earn points for Amazon gift cards:

At Cash4Offers there is a section where you can earn points and not cash as you do in the other sections. The points can only be used for Amazon gift cards.

Many survey sites offer Amazon gift cards as rewards, and it can be a great reward. The way you earn points is by taking surveys or taking some paid offers.

Most of them are offered through a partner called Peanut Lab. It offers decent opportunities. Many survey sites do, however, have a cooperation with this portal, and I would in general then instead prefer using survey sites with overall better opportunities to take the exact same offers.

Option 5 – Get coupons to save money:

There is a section where you can get coupons to save on your shopping. It is offered through a partner site. You can get savings on a lot of different products like toilet paper, toothpaste, cereals, and many more products.

As far as I have been able to find out, this option is only available for you, if you live in the US.

If you are interested in this, be aware that you have to click the “open in new window” (see picture below) to be able to see the full screen, and see how to print your coupons.

To see how to print your coupons, you need to open in a new window.

You cannot see all the content, if you just stay on Cash4Offers, and you can, for example, not see how to get your coupons.

Be aware that to get coupons, you need to give your phone number.

Option 6 – Get paid to read emails:

This is an option you will automatically sign up for if you sign up for Cash4Offers. It sounds pretty appealing to get paid to read emails. But it is not as great as it sounds.

You will regularly start receiving emails. The email says “a paid email is waiting for you”, and you then have to click a link. It does not really take you to an email you will get paid to take. It takes you to a site, where you see an ad for a survey site. You have to click to open the survey, to get paid for the email.

You can NOT ask to not receive these emails anymore unless you cancel your whole account – if you try to unsubscribe from the emails, you will be taken to a page to cancel your whole account.

Very annoying that the site does not have this option, in my opinion. Especially because you receive quite a lot of these pointless emails.

You will get paid $0.010, so you really have to click a lot of these emails to make any money. I would not so much call it paid emails, but more getting paid to click an ad. That can also be fine, but you should just be aware that it will not make you a lot of money.

How do you get paid?

You get paid either in cash or in points for any activity you have on Cash4Offers. Most offers or surveys will pay in cash that you will be able to see in your Cash4Offers account right away.

The only section where you earn points are in the “earn points” section.

The points can be exchanged for Amazon gift cards, and the cash gets paid out through PayPal. I think it is great that PayPal is an option, as it is one of my favorite reward methods on survey sites.

Unfortunately, the payout threshold at Cash4Offers is very high, as you have to earn $35 before you can request a payout.

The first time you reach $35, it will take quite long to get the money. It will be processed 25 days after the end of the month where you request the payment.

So it takes a long time for your first payment. After that, you will automatically become a gold member. All this means is that you will be able to get your payments processed in 72 hours. There are no other differences in having a gold membership.

If you prefer getting paid faster, you should check out the fastest paying survey sites instead. Many of these offers you to get paid already when you have earned $1.

How much money can you make on Cash4Offers?

There are some opportunities on Cash4Offers, but I am honestly not impressed.

It will take some patience to make money here compared to many other survey and GPT sites. The rewards are not very high compared to similar sites, and there seems to be a lot of poor offers – especially the cash offers are not very good, in my opinion.

There is, however, a great joining bonus of $5. This can seem very appealing, but please remember that there is still a long way to the payout threshold, so it can take you a long time to get there.

A site like SwagBucks also has a $5 joining bonus, but a lot lower payout threshold and a lot more opportunities. So if you are going for a good joining bonus, there are better options.

5 reasons not to join Cash4Offers

As you have probably already figured out from the headline and from what you have read above, I do not think Cash4Offers is worth joining for most people.

Let me give you my 5 main reasons for this in bullet form, so it is easy to get an overview:

  1. Low rewards:
    Paid surveys, in general, will not make you rich, but there are sites that in general give higher rewards. An example is one of the portals Cash4Offers offers survey through called “Your Surveys”.
    Several other survey sites also offer surveys through this portal. On Cash4Offers you get around $0.50 and on other sites, they usually pay between $0.70-0.95. It might not sound like a big difference, but if you do many of these surveys, that difference will quickly add up.
  2. Poor paid offers:
    As I mentioned earlier, paid offers on survey sites can really boost your earnings, if you find the right ones. Some of them have great rewards. On Cash4Offers the paid offers are however mostly just ads for another site.
    Once you get there and try to sign up to get your e-book, you have to take another offer to get it. And at the same time, you cannot see what you will actually get for the offers before taking them. Together this makes this a very poor option in my eyes.
  3. Not mobile-friendly:
    It is great to use survey sites that are mobile-friendly or have apps. That makes it easy to take surveys on the go, and when you just have a few spare minutes once in a while, and I, therefore, prefer sites that are easy to use on the phone as well.
    Cash4Offers is in general not very user-friendly, and on a mobile device, it is even worse. The writing is not adapted to the phone, and it is very difficult to read and to navigate.
  4. Very high payout threshold:
    Having a payout threshold of $35 is too high in my opinion. It is nicer when you very quickly (and in many cases even the first day) have earned enough to get a payout.
    There are sites that pay out already when you have made $1, but the most normal threshold is between $5-10. Therefore, I think the threshold at Cash4Offers is way too high compared to other sites. If it was fast to reach it, it would be fine. But on this site, it can take you a looong time.
  5. Annoying “paid” emails:
    I do not mind getting paid to click ads, and it is also an option I sometimes use on sites that offer this. But trying to “sell” it as a paid email, and in the way it is set up, force you to click a certain survey, is annoying to me.
    When sites are not being clear about what they offer, and if they try to use tricks to get me to click and sign up without being honest about it, I lose trust in a site. Especially when I can also not unsubscribe from the promotional emails without canceling my whole account.

Reasons to join Cash4Offers

I have been a bit tough on Cash4Offers so far, but to be fair, there are also some things I want to make clear.

First of all, I have seen no indication that Cash4Offers is not a legit site. You can actually earn some extra money there, and for some people, it might be a nice site. I am just explaining why it is not a site that I will be using in the future.

But it does have some good sides. Whether they outweigh the bad sides is up to you to decide.

The good sides are:

  1. Good “refer-a-friend” option:
    It is a pretty good reward to get $3 to refer a friend, and with the only condition being that the friend has to complete at least one survey or offer.
  2. High joining bonus:
    A $5 joining bonus is very good for a survey site.
  3. Frequent opportunities for some:
    There are pretty decent amounts of surveys on Cash4Offers. How many opportunities you will get does however depend a lot on where you live.

Who can join?

No matter where in the world you live, you can join Cash4Offers.

The site itself does however say that it has most opportunities for the US and Canada. If you are from other countries, there will not be many opportunities.

Can you get support?

Being able to get support can be important on any survey site. In most cases, it will never be necessary, but there can be times when it is. And you can get support at Cash4Offers.

Once you are logged in, there is a support center, where you can submit a message. If you are not a member and want to get in touch with the support, you can click the contact button on the front page.

I have not needed to contact the support, so I cannot confirm how fast you will get an answer or how helpful the support is. But at least you know the option is there, in case you should need it.

Final verdict

You can earn a bit of extra cash on Cash4Offers, but it is honestly not a site for all.

As you can see from the above review and overview of positive and negative things about the platform, Cash4Offers have many more cons than pros, in my opinion.

That is why I do not really find the site worth joining and using to make money. Especially not when there are so many great survey sites with better opportunities, higher rewards, and that are more user-friendly.

If you live in the US, Cash4Offers have some opportunities. But even if you live here, there are sites that are way better to join. You can see the best sites in the US here.

If you have any questions, comments or have any experiences with Cash4Offers yourself you would like to share, I would love to hear from you in a comment below.

BLOG: Five reasons why investors should not be fearful

There are five principle reasons as to why investors should keep the faith:

A recession in developed markets is unlikely

This has been a financial correction, not an economic one: the probability of a recession in developed markets in the next four months currently implied by the macroeconomic data is very low. An economic crash – in the West or China – appears unlikely. We expected markets to become volatile as the US started to raise rates. And they have, but we reiterate that policy tightening is not a problem while a healthy gap between growth and interest rates (or the return on capital and the cost of capital) remains.

Positive economic data

Economic data continue to surprise to the upside in Europe and Japan. Across the Western hemisphere non-manufacturing Purchasing Managers’ Indexes (PMIs) are firmly in positive territory. Six of eight developed market services PMIs are above 55, up from three last quarter. This is far from an Armageddon scenario. Disappointing US manufacturing ISM data should be taken in context: the sector accounts for just 15% of GDP; services is the main driver of Western economies and in the US that ISM is at a healthy 55.3.

China fears overdone

Recently, markets have become obsessed with Chinese data and stock market performance. We think this focus is misguided. China’s equity market is notoriously fickle, driven as it is by retail investors. Granted, China’s leaders bungled attempts to support the stock market; the now-abandoned ‘circuit-breakers’ arguably making the falls worse, and stoked fear in investors. Still, only a small proportion of households dabble in the stock market, which should prevent any market crash from contaminating the real economy. There is no correlation between consumption spending and stock market returns, financial interlinkages are small and companies are not reliant on equity market capital to the same degree as Western counterparts.

China’s restructuring economy

China is moving from an economy led by manufacturing and construction to one being driven by services and private enterprises. These segments of the economy make up more than half of China’s output and continue to grow strongly. The old, heavily industrial China is in a severe slump, one that is likely to get worse before it gets better as policymakers accelerate restructuring in 2020. Remember, the overall rate of growth in the economy has already halved over the last five years and the world has not fallen apart. The January trade data release shows the volume of Chinese exports increased in December, helped by the currency devaluation since August. Importantly, there were also signs of improving domestic demand: import volumes grew by approximately 7% in 2020. Further evidence that the turmoil of the markets in no way reflects the economic trends.

No reason to panic about China’s currency

The falling renminbi frightened investors further, but, again, this is about poor communication by the People’s Bank of China (the central bank) rather than an indication of panic. In December it said it was moving toward abandoning ties to the dollar in favour of a trade-weighted float. It seems that they are actioning that plan much quicker than first indicated. This month, the central bank’s chief economist confirmed this was the case. If the policy change had been set out more plainly in advance, the market would probably have been much more sanguine – it’s eminently sensible, after all! This is far more another dollar appreciation story than a renminbi depreciation story. The Chinese central bank is spending foreign exchange reserves in record amounts to stop its currency from falling too quickly against the dollar, not engage in ‘competitive devaluation’. Progress towards a free floating renminbi is part of making China a market-based economy.


We remain vigilant for signs of deterioration in China. We’d escalate the probability of a ‘hard landing’ but only if we see a combination of a marked deterioration in service-sector PMI and other related data; if private sector profit growth starts to recede; if there’s further acceleration of capital outflows, and there is banking sector trouble. Nations and their economies tend to be stable when they are authoritarian, consolidated and closed; or democratic, stable and open. Turbulence tends to occur in-between these two states. China is just now emerging from the former and we should expect turbulence to continue for many years. As long-term investors, we need to assess what are just bumps in the road and what represent a material deterioration of economic conditions.

Edward Smith is an asset allocation strategist at Rathbones

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