You made a comment about brokers not letting you make a lot of money trading. But does some trader just open an account, deposit 25k, win and win and eventually withdraw a million. I could write a very long post about this I plan to touch upon this in a later post. Until next time, Robin.
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Many big players make big bets in commodities from time to time, but not all the time like they do in stocks. When asked about it, Bill Gates said, forex just isn't big enough to invest a lot of money in unless it is eurusd.
It's a trillion dollar market, but a trillion dollars invested in a currency won't get you much. They post on ET from time to time when they're not throwing parties on their yachts with supermodels and blow.
All the retail forex millionaires--where are they? Do any of them have boats? I know one who has a boat. If he hadn't lost so much money to loser gurus maybe he'd have been able to afford a better one. You must log in or sign up to reply here. Your name or email address: Do you already have an account?
Do you know if there are any millionaires amongst your neighbours? Most probably, you don't, and you never will, as these people tend to hide their personal wealth, which, after all is natural. The situation with Forex millionaires is similar.
The people who made their fortune in this field, tend not to broadcast this information about themselves on Internet, forums and blogs. They are more interested in how to secure and improve their results. As a rule, people who lose out, tend to be the loudest in leaving negative comments.
This might be one of the reasons why people think that Forex millionaires do not exist at all. You will be surprised to know the number of people who want to see wages of a successful trader. Perhaps, the entire world would want to see this person, to learn his secret and achieve similar results. The key moment is a correct understanding of trading in the Forex market. First of all, it is a business and not the place for making bets.
Just like in any other business, your results depend upon purposefulness and assiduity. A professional trader can make good money if he is not greedy. You may be surprised but greed is the main reason of bad luck, for the most Forex players. If emotions are managed properly, a clever trader can make much more than any mid-level office manager. Being a market novice, you can start earning profit from USD, but in one year your profit can reach 20 USD a year, and then you can think that you are successful.
The most important thing is to start. Failure isn't about not succeeding, failure is about not trying. Opening of Demo account is the opportunity to trade in the Forex market without risk of losing own funds. As in any other business, Forex has its own list of outstanding people, whose names are known all over the world. In this article we will give the brightest examples: They became known due to their inventiveness, hard-working and high self-discipline.
Let these examples serve you as an additional source of optimism and desire to move forward, otherwise success is impossible! In the Forex market the most successful trader is George Soros. We want to achieve something in this world. We want to build something.
We want to build a great piece of technology, or we want to start an amazing business, or we want to run for office and make a difference. Obviously, the obsession that parents have with their children. A lot of that is warranted biological love, but some of that is also the quest for immortality. Even some of the beliefs of some of the more outlandish parts of religion I think fall into that.
I think I came to this fundamental conclusion. I thought about it a lot. The universe has been around for a long time, and the universe is a very, very large place. We are bacteria to the universe. This universe has been around probably for 10 billion years or more, and will be around for tens of billions of years afterwards.
Your existence, my existence is just infinitesimal. Nothing that we do lasts. Eventually, you will fade. Your works will fade. Your children will fade. Your thoughts will fade. These planets will fade. This sun will fade. It will all be gone. There are entire civilizations which we remember now with one or two words. Do you know any Sumerians or Mayans? Do you hold any of them in high regard or esteem? Have they outlived their natural lifespan somehow? From here, you can choose to believe in an afterlife or not.
If you really do believe in an afterlife, then that should give you comfort and make you realize that maybe everything that goes on in this life is not that consequential. This is your living state. Your dead state is true over a much longer time frame. Which is not to say that you go to a dark place, and you start acting unethically and immorally. You just have a very short period of time here on this earth. Nothing you do is going to matter that much in the long run.
That just kind of helps make everything else work. Much has happened in both my personal life, trading life and the financial markets. I could write a very long post about this I plan to touch upon this in a later post. What have I been up to? Use the contact us page. And submit your details and in the comments section answer,. You can find more about it on this page: Forex Millionaire Trader Slack Community. I will be taking a hiatus from this website.
I like this site, however I have too much going on to dedicate posting here. Do you want to be a forex millionaire trader? Or even better, why not be a millionaire trader?
That is more skillful. For those who are looking for the Holy Grail system of trading to reach that figure, well, simply put you are the Holy Grail of trading — let that sink in for a bit, and then repeat it to yourself again. For those who are unprofitable traders, stop system hopping. And really understand WHY are you taking a trade. You can really make bank in this game Go read this Can you live off forex trading?
I do it, and I know many others who do it as well. A chart is a chart, the market auction and order flow is all there for the trading. You can still contact me , and I will respond — the only question is when! Where will it go next? This seemed very approriate. I stumbled on this whilst doing some cyrpto reading. Bitcoin Wealth Distribution conducted by Howmuch.