Fxtrading has been there since 19th century, even before the indepedence of many nations, and will remain there as long as the financial world remains. You can do your research to confirm that. "Alex. Brown & Sons. traded foreign currencies around 1850 and was a leading currency trader in the USA. In 1880, J.M. do Espírito Santo de Silva (Banco Espirito Santo) applied for and was given permission to engage in a foreign exchange trading business.
The year 1880 is considered by at least one source to be the beginning of modern foreign exchange: the gold standard began in that year" Src: Wikipedia.

While Fxtrading exist, among each generation of people that meet this wealth creation opportunity, some take advantage of it, others try, but give up. others don't even try at all.

Fxtrading has come to mean different things to different categories of people, discovered that someone's opinion on Fxtrading usually reflect the the kind of person he or she is, with respect to Fxtrading.

There are two major opinions about Fxtrading.
1.) The opinion that it doesn't work. ( Examples: it's scam, it's complicated, it's not genuine, it's risky, it is now ponzi in disguise, etc.)
Types of People with this opinion are:
a.) Fxtrading Novice, who only accepted a negative opinion of others.
b.) People who saw Fxtrading as get rich quick solution, and got disappointed.
c.) People who wished to make it through Fxtrading, but could'nt find their way up, so they now gave themselves the ministry of agent of discouragement to anyone who is interested in Fxtrading. They have one thousand and one reasons why anyone interested in Fxtrading should do something else with his time and money.
d.) People who were scammed by fake traders or whose investment where mismanaged by an non-professional trader.

For those in this group "d", answer these questions:
1.)The fact that some fake doctors have scammed people in the name of medicine, does it mean medicine is scam?
2.)The fact that some fake engineers have scammed people in the name of of engineering, does it mean engineering is scam?
3.)The fact some fake political leaders are scamming their people, does it mean that political government is scam?

Fake is actually an evidence that there's original. If there is no original they can't be fake.

2.) The Opinion that Fxtrading works.
People who have this opinion:
a.) Experienced Professional Fxtraders.
b.) People who never gave up till they gained mastery of a trading strategy that works for them.
c.) People who invested in a Fxtrading and are gaining from it.
d.) People who acquired the knowledge of Fxtrading simply for training others.


Initially, didn't believe Fxtrading was worth doing because of the risk involved, but overtime after taking the bold step to gain mastery of the skill, discovered that results someone gets in Fxtrading is a reflection of the kind of person he or she is. By avoiding greed, desperation, and get rich quick syndrome and adopting the character of patience, self-control and proper management. One is better positioned for success in Fxtrading.

So if Fxtrading is not working for you, it doesn't mean it doesn't work, it simply means your approach to it doesn't work, because as a matter of fact, it's been working since centuries ago.

If you can't cultivate this positive habits that enable you to succeed in this line of business, then it's recommended you choose something else to do. The Fxmarket is a global market where an average of $5trillion to $6trillion+ flows through in each of the 5 working days of the week. Such an amount can't be globally poured into a system that doesn't work in each of the 5 working days of the week.

Well articulated.

The truth is one's mindset influences the results one gets. for those is not working for, if they carry such mindset and attitude into something else, it might still not work for them. One needs to develop the skill and the right mindset first.

Vikky014:
The truth is one's mindset influences the results one gets. for those is not working for, if they carry such mindset and attitude into something else, it might still not work for them. One needs to develop the skill and the right mindset first.

I can't agree more. But still most people who preach this Forex are no different from scam. They are more interested in filling their own pocket.

mrdavid777:
Well articulated.

Thanks

narit:

I can't agree more. But still most people who preach this Forex are no different from scam. They are more interested in filling their own pocket.

Thinking everyone is the same will end up preventing you from partnering or working with the right persons.
There are genuine traders, who are making it big.

Vikky014:

Thinking everyone is the same will end up preventing you from partnering or working with the right persons.
There are genuine traders, who are making it big.

Well said. Check my profile/signature.

SoftBillionaire:

Well said. Check my profile/signature.

Ok

Vikky014:

Thinking everyone is the same will end up preventing you from partnering or working with the right persons.
There are genuine traders, who are making it big.

Sure!