I'm not rich but due to forex, I have pretty simple life.Last 5-6 years I really do win 5-10% monthly . I do have a sizable capital to exchange though, that is the reason why I do nicely. The trick isn't to be covetous in forex, if I'm pleased with my daily gain,I shut the store, which is my MOTO.That is it.
Where's the fun in that? I have a few terrific months every year or so and the remainder of the moment, I'm just waiting for all those terrific months. It's fun! I really don't like the consistent 5-10% per month. When I wanted a boring job, I'd have become a accountant. : )
Who has come to be extremely rich and rich with FOREX?
1) Brokers aka Market Makers.
Two) Enormous Hedge Funds that can manipulate the market with their trillion dollar funds (Cases: PIMCO, BlackRock, GoldmanSachs, you name it) (Additionally Market Makers)
Who has made a lot of cash with this particular plan?
3) Enormous affiliates boosting the Brokers in Revshare commission (Example: cliqforex)
4) Individuals selling best sellers Books about FOREX.
5) Individuals selling paid memberships in revshare or other paid lessons, etc.. . (Example: James16 and Dialist)
6) The Owners of WEBSITES such as collective2, Zulutrade, MyFxBook, etc.. .
REMEMBER, 99.6% of traders lose money with FOREX. And that money is earned by the Big Ones.
Remember, for somebody having a trillion dollar hedge fund just like any of these US New York VULTURES, it's amazing easy to manipulate the market. They can do it daily they want, and they can cash in millions and tens of thousands of dollars each HOUR.
And you as a person, you believe you have a chance?
Don't lose your time and your hard earned cash in this scheme.
If you've got the ideal mindset which comprises the following :
- Don't be greedy
- Take losses when you will need to without getting emotionally involved
- Be individual
you will make money.
The best traders loose cash. As the saying goes Forex trading is the transfer of cash from the impatient to the individual.
Have a look at this system also with high leverage trading on a very low investment (example uses capital of USD10). With the power of leverage and by earning 15pips daily, the closing equity following 30days will probably be USD580.
Impossible ? No. Just have to have patience and be focusses. Don't get greedy and await the exact right time to execute your transaction.
Who's become extremely rich and wealthy with FOREX? 1) Brokers aka Market Makers. 2) Huge Hedge Funds who can control the market using their trillion dollar capital (Examples: PIMCO, BlackRock, GoldmanSachs, you name it) (Also Market Makers) Who's left a lot of money with this Scheme? 3) Big affiliates promoting the Brokers in Revshare commission (Example: cliqforex) 4) People selling best sellers Publiions about FOREX. 5) People selling paid memberships in revshare or other paid lessons, etc.. . (Example: James16 and Dialist) 6) The...
I wonder if you understand 99,6% FX trader eliminate money,why you're still here?To warn everybody here to find out they losing money everyone?What is the purpose?
You will need capital to turn forex from a game to a organization. That is accurate, you may just get 1000per account to handle if you have yourself a cent account of 5 winning documents. But large client will come when they see that your share in the PAMM is enormous.
Once you're in business, You want a long proven track record to show your abilities. Suggest of 3 years.
And you require friendship all over the world. Your IB will refer client to you, your friend of buddy will even refer client to you. If you're bad person, they won't refer anyone to you.
Who's become extremely rich and rich with FOREX? 1) Brokers aka Market Makers. 2) Huge Hedge Funds who can manipulate the market with their trillion dollar capital (Examples: PIMCO, BlackRock, GoldmanSachs, you name it) (Also Market Makers) Who's made a lot of cash with this particular plan? 3) Big affiliates promoting the Brokers in Revshare commission (Example: cliqforex) 4) Individuals selling best sellers Books about FOREX. 5) Individuals selling paid memberships in revshare or other paid classes, etc.. . (Example: James16 and Dialist) 6) The...
I am adding too here that the users of websites such as zulutrade, have made tons of good money.
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