What They Don't Tell You About Forex ! - Investment - Nairaland
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| What They Don't Tell You About Forex ! by Nobody: 8:56am On Apr 10, 2021 |
90% Forex brokers do not trade but they want you to. Forex will not make you rich. No matter how u master the art of Fx trading, you must blow up your account at least once. The best forex teachers are not the best forex traders. Dont be surprised that those who tutor you on Fx trade do not have any Fx trading account in their name. There is always a bigger margin for losses than gain in Fx. Forex brokers earn when u loose or gain while trading... Forex brokers volunteers to teach you how to trade for free without a fee, but their reward is having you sign up with them and invest, every time you take a trade position they take a percentage of it through spreads. Those who makes average success trading forex is less than 30% and these set of people are the ones who makes Fx their main source of income and not a side hustle. 195 Likes 15 Shares |
| Re: What They Don't Tell You About Forex ! by Nobody: 9:01am On Apr 10, 2021 |
Typing... 1 Like |
| Re: What They Don't Tell You About Forex ! by Nobody: 9:23am On Apr 10, 2021 |
If you cant manage risk forget Fx 41 Likes 2 Shares |
| Re: What They Don't Tell You About Forex ! by Nobody: 9:25am On Apr 10, 2021 |
If you are impatient or greedy... forget forex 40 Likes 3 Shares |
| Re: What They Don't Tell You About Forex ! by seankafor(m): 9:34am On Apr 10, 2021 |
50/50 life na dice 102 Likes 6 Shares |
| Re: What They Don't Tell You About Forex ! by elvhinzey(m): 3:49pm On Apr 10, 2021 |
BadRadio: BadRadio (lack of signals), you have said your mind as regards Forex; which is a good.one. I stand to disagree with your notion: "Forex won't make you Rich?" It will make you wealthy if you treat it as you would a business. Why would you say such a misleading thing? Until you humble yourself to get a proven and profitable mentor; you will keep blowing accounts OR learn it the hard way after accruing debts on you. I giggled when i read the part you said, "Some Forex tutors don't have a live account attached to their name  ."Funny though, but there seems to be an iota of truth in that. So, BadRadio, you need to harness your trading psychology and get a mentor. I can recommend you a course that will make you profitable depending on your open mindedness... Change your mindset and approach towards Forex, too. I'm currently in the completion stage of building our physical university for Forex trading. As at the moment, we are fully online. Yes, it's not by how long; but how well. You want to get started? Send a DM to me or my secretary on: 08152322181 Rather than been perturbed and castigating the aspects of negates in Forex- simply ask yourself these: What am i getting wrong in Forex? How do i become consistently profitable like others who are? What must i do to stop loosing, in a reckless abandon? I truly want to teach you from my 7 years of pains. Kai! I suffered threats...NO MORE!!! I now handle investors' funds. Exactly last 3 years, ago I have running full blown DEMO accounts. I now pass Prop firms for people ( I don't trade Prop firms). Can I be honest with you? Trading will be more difficult if you can't resolve these: • Emotion (I don't want to lose anything mentality) Psychology and Risk Management. Quote me anywhere. Thank me later. Forex will make you rich to stupor. In Pidgin: Follow who know road. In English: Be imitators of those who through faith and patience have obtained the promise. FYI: $1 is now ₦1,000 PS: I don't post pictures of trades to my students and other reasons (my lot sizes may affect your focus); I only show you my analyses (XAUUSD & GBPUSD) and how to execute them. I'll reveal privileged information to you that people call SECRETS. For FREE, I'll show you. You'll only be shedding tears wishing you knew it before now. Well, myself I knew it, too, this year. I learnt the hardest way, guys and still learning o, though being a Professional... Will be adding a new Benz this weekend. Perhaps a red Mercedes Benz A45, 2022...  I no wan explain tire without evidence Cheers! 124 Likes 10 Shares |
| Re: What They Don't Tell You About Forex ! by Nobody: 4:23pm On Apr 10, 2021 |
elvhinzey:huh? 2 Likes |
| Re: What They Don't Tell You About Forex ! by SavageResponse(m): 5:08pm On Apr 10, 2021 |
BadRadio: I don't agree with the bolded part, I think the percentage of those who can be said to be successful and profitable forex traders is even less than 10%! 120 Likes 7 Shares |
| Re: What They Don't Tell You About Forex ! by Nobody: 6:19pm On Apr 10, 2021 |
SavageResponse:Have u been there before bro? |
| Re: What They Don't Tell You About Forex ! by ayomide3000(m): 7:26pm On Apr 10, 2021 |
Forex can actually make you rich if you have the knowledge, but won’t make you rich if you lack the knowledge. 30 Likes 4 Shares |
| Re: What They Don't Tell You About Forex ! by Nobody: 7:29pm On Apr 10, 2021 |
ayomide3000:You must be rich via forex to be sure of that 4 Likes |
| Re: What They Don't Tell You About Forex ! by SavageResponse(m): 9:19am On Apr 11, 2021 |
BadRadio: I'm not a forex trader and have no experience in it. The only thing I know about forex trading is based on the research I have done and information I have suggests that only a very small percentage of forex traders are actually profitable...the rest who are in the majority are busy chasing referral bonus, training fees, third party account management etc. It's mostly the failed ones that open threads on Nairaland trying to deceive people with the 'Audio money' they're making from forex trading eg Leonardemma1 etc 68 Likes 3 Shares |
| Re: What They Don't Tell You About Forex ! by Nobody: 10:13am On Apr 11, 2021 |
SavageResponse:  5 Likes |
| Re: What They Don't Tell You About Forex ! by Tony142: 12:26pm On Apr 11, 2021 |
SavageResponse: it is 5% 5 Likes |
| Re: What They Don't Tell You About Forex ! by Nobody: 2:50pm On Apr 11, 2021 |
Tony142:lol...u guys are funny 5 Likes |
| Re: What They Don't Tell You About Forex ! by ayomide3000(m): 7:11pm On Apr 11, 2021 |
[quote author=BadRadio post=100676563]You must be rich via forex to be sure of that[quote] Not really, Find the knowledge first, money will follow. The difference between the 10% that are successful and the 90% that are losing is the knowledge. 3 Likes |
| Re: What They Don't Tell You About Forex ! by bjtinz: 7:52pm On Apr 11, 2021 |
ayomide3000: Story 4 Likes |
| Re: What They Don't Tell You About Forex ! by bjtinz: 7:57pm On Apr 11, 2021 |
elvhinzey: Lol. Una don start. What OP said is 100% true. Forex trading will NOT make you rich. Simple. Stop with all the motivational hot air. Forex is nothing more than advanced gambling. End of. 86 Likes 6 Shares |
| Re: What They Don't Tell You About Forex ! by bjtinz: 7:59pm On Apr 11, 2021 |
SavageResponse: Very true. I personally think it's around 3-5%. Even those supposedly making money, they've also lost significant amount. Just that they are able to make some small net gain. 11 Likes |
| Re: What They Don't Tell You About Forex ! by elvhinzey(m): 5:53am On Apr 12, 2021 |
bjtinz: Why will it ever even make you rich when you are either a gambler in existence or you have the mindset of an honest gambler?? How can it make you RICH  When every little $95, $200 you make you quickly withdraw and squander. How can you be rich with such attitude? How? No trading plan, trading watchlist, self discipline, trading psychology, risk mgt and emotional intelligence. How can you be rich Trading is a real man business FYI. It's not a play ground. If you need a play ground find an amusement park that offers virtual reality for games and catch cruise there. Motivation or no motivation, Forex trading is not for everyone. Simple! It is not a get-rich-quick-scheme and it will NEVER be. You try to guess it - you'll face the school of hardknocks, sqaurely. I leave you with this quote: " If you think you can or you can't; either way you are right." Discussing trading with a gambling-like mindset is an absolute waste of time - this i know. Whatever the case maybe, let me survey my trading watchlist for today...USDJPY, USDCHF, AUDUSD, NZDUSD and XAUUSD. Without disrespect, if you're serious about making money in $/fiat currencies aside trading; i will be pleased to offer you a passive income stream. Write short reports of not up to 28 pages and make at least, $85-$100/daily on Amazon Kindle Publisher. The course will soon skyrocket from 40K to 100K. I mean it. This is my fuel for generating cash and plunging it back to Forex accounts. OR you prefer a one-on-one training at our office in Abuja. FREE ACCOMMODATIOn IF you don't reside in Abuja. #120K for one-on-one training. Peace! 11 Likes 1 Share |
| Re: What They Don't Tell You About Forex ! by Nobody: 10:08am On Apr 12, 2021 |
elvhinzey:sometimes it baffles me how u lots talk about making money but yet u all are still very much interested in training fees... focus on the so called streams and let people choose where to put their monies. 125 Likes |
| Re: What They Don't Tell You About Forex ! by Nobody: 12:02pm On Apr 12, 2021 |
Think of it like this... if these fx brokers are serious about getting rich trading Fx why dont they do it and cash out big... rather they cajole u with trickery into a live account and have u blow it up while they earn irrespective of ur profit or loss 24 Likes |
| Re: What They Don't Tell You About Forex ! by Jmarjr(m): 11:15pm On Apr 16, 2021 |
elvhinzey: u fit teach me the amazon publishing stuff i go appreciate o. But i no get money to pay 4 now honestly |
| Re: What They Don't Tell You About Forex ! by SavageResponse(m): 12:47am On Apr 17, 2021 |
Nursedre: Stop posting this nonsense all over Nairaland. If truly it works then you should be a multi millionaire by now and won't be chasing $9.90 all over the place!  47 Likes 1 Share |
| Re: What They Don't Tell You About Forex ! by elvhinzey(m): 2:31am On Apr 17, 2021 |
Jmarjr: Take your time, bro. Gather funds and step into a pedestal of passive wealth. By the moment you start earning, passively and slightly massively in dollars; you'd definitely say, "this is a give away price." Success, itself, loves speed. 1 Like |
| Re: What They Don't Tell You About Forex ! by MONEY247: 6:41am On Apr 17, 2021 |
........ 2 Likes 1 Share |
| Re: What They Don't Tell You About Forex ! by opalu: 10:19am On Apr 17, 2021 |
Ok |
| Re: What They Don't Tell You About Forex ! by Nobody: 10:20am On Apr 17, 2021 |
The Fowlers won't be happy with this. I've always had zero interest in all these E-trade stuff. I believe in my head & hands 6 Likes |
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