Huge Retail

Huge Retail

How to lodge a complaint against a big company?

I've been having issues with one huge retail company in the U.S for so long and it's not going anywhere. How can I make a complaint via a 3rd party organization so that my voice will be heard?

Try the Better Business Bureau (www.bbb.com). I filed a complaint against Dell using BBB.

Huge $6.99 Huge

Retail Analytics (Hardcover) $52.29 Retailers have collected a huge amount of data but they do not know what to do with it. This book is designed not only to provide a broad understanding of retail but show how to use the data that these companies have.  Each chapter covers a different focus of the retail environment from retail basics and organization structures to common retail database designs. Numerous cases studies and examples are given throughout. In addition, within each chapter the importance of analytics and data is examined.

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Forex Trading in the Retail Marketplace – My Frustration

 

I must admit, I am a Forex trader and have been for several years now!

I love currency trading; watching the markets and performing the technical analysis needed to enter a trade. From a trading perspective there is nothing better than watching a well-planned trade go positive, resetting your backstop to lock-in profit and moving into the world's money! Taken on average I have done fairly well with my trading, I have grown my initial trading account since I left demo and went live in 2004. Like most traders I have had good periods and bad periods in my trading career.

I have not become independently wealthy trading foreign currency, yet. I struggle to be an active trader at times because I have a normal day job and am a devoted family man. My vision as a currency trader is clear though; I will break free from my day job and I will achieve personal financial freedom trading in the forex market.

Successful traders, based on my experience, are disciplined and consistent in their approach to the market and are always inquisitive. They work very hard at what they do and they know how to control their emotions when trading. The bottom line is this, they make money in the forex market by trading. Many of these traders are glad to help others and, in fact, take great pleasure in mentoring. They understand that there is a real strength in a forex trading community, where individuals can benefit from the power of many. They represent the consummate professional. There are those, however, whose intentions are not so good.

What frustrates me the most about the retail forex market today is the contradictory advice and guidance being propagated by the “so-called” Forex professionals many of whom are not even active traders. The retail market is unbelievably fragmented and full of people trying to make money by selling various products and services to retail traders like us. Many of those products and services are nothing more than scams. The shame of this is that there are some great products on the market but it is very difficult and very time consuming to figure out which ones those are.

New traders tend to adopt the tools, systems, and techniques they are initially taught with and that is natural. With a little experience I have learned that some diversification in tools and techniques is good, you need a good system of checks and balances when trading currencies. Some of the big questions that need asking are. . . . How do you know which products are good? How do you know when the intention of the maker/marketer is only to make a quick buck in the huge retail forex market? How do you know if fellow traders have any experience, good or bad with this product? Where do you find the time to answer questions like these?

Further, most products seem to have fantastic, and very often, unproven claims associated with them. How do you know which are honest product claims? Almost anyone can set up a website and promote a product with far-fetched claims and exaggerated testimonials. Getting any type of testimonial is easy, people will do or say most anything for money! Enough! The “so-called” expert can not be trusted.

The retail forex product market needs a baseline established. Products need to be reviewed and judged by people who are actually forex traders! This information needs to be collected, as a community, and be made available to everyone, regardless of trading experience. Here, again, is where we find strength in numbers.

I view all products and the makers of those products (except those I use now) with scepticism and so should you. I want to see this veil of ambiguity that surrounds many forex products removed. I want to see these grand claims proven; If the product is good and delivers value to the trader then it will stand on its own.

Traders need to focus on making profit in the market not figuring out who the scam artists are. It is time we do something about this, and fxskinny.com is where we begin.

 

About the Author

Phil is a Forex Trader since 2004. His favorite currency combo is the GBP/USD.

He is a proud member of the FXSkinny.com community. He can be reached at phil@fxskinny.com.

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