Can you get rich quickly from forex trading? - Page 28
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Thread: Can you get rich quickly from forex trading?

  1. #271
    Quote Originally Posted by ;
    quote A few years ago I was introduced into some US trader. I'd only had my most successful year ever, he'd only LOST 11% for the year He made 60 times more than I did for the calendar year, which was paying quite substantial operating expenditures, and heavily discounting the annual management fee his firm charged clients. At that time, a typical months return for me in percentage terms has been greater than this men best ever year, he had a lot of money under management, I didn't. That is the way to get wealthy, make thousands in fees even...
    For the big dollars, the secret is not to trade but for OPM.
    Of course you have to demone some profit from the trading performance, then become or hire some good sales person and marketers. Your performance becomes 10 % trading 90 % sales (looking for / finding investors and customers). Get this OPM, 100 Million minimum. Trading is risky, managing money is not.

  2. #272
    Quote Originally Posted by ;
    quote yup I understand a few pulling over a mil a year. . some. . 500k a month fund managers of billionaire funds make 10-100 million each month.
    Several years ago I was introduced to some US trader. I had just had my most successful year ever, he'd just LOST 11% for the year

    He still made 60 times over I did to the year, and this was paying fairly substantial operating costs, and heavily discounting the annual management fee that his company charged clients.

    At that moment, a typical months reunite for me in percentage terms was higher than this men best ever year, he had a lot of cash under control, I did not.

    That is the way to get wealthy, earn tens of millions in fees in a losing year, and 20% of profits in a Fantastic year on modest returns can of course get you the strange 100M month Once a while

  3. #273
    Trading live on small accounts is not going to net you the big bucks overnight but it is going to provide you with loads of real time trading experience..and after a couple of years of trading that is disciplined, you should begin earning profits consistently.
    Is it feasible to get rich by trading in the forex market? Yes, but after a couple of years. .

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