Can Forex Trading Make You A Millionaire?

Published on June 8, 2022

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(2 minute read)

What’s up guys its Colt here. I don’t know if you know but I’ve been trading forex for over 5 years now. I started when I was 17 going on 18 years old and it completely changed my life. Obviously this isn’t for everyone… But if you work your a$$ off and are willing to dedicate time and energy into learning how to properly trade anything is possible. Let me remind you I’ve NEVER worked a job in my life. When I was 17 years old I was getting into a ton of trouble in school and with the law. It wasn’t just affecting where id be in the future but it was affecting my relationship with my own father. You see I don’t have a mom in my life.

My dad is the sole provider for the family. My older brother told me one day “Colt you need to realize that your actions aren’t just affecting your life but you’re slowly but surely killing our dad with all the stress you’re putting in his life!” That hit me like a train… You see everyone little action you make has a reaction (Good for bad). I decided to look for work to get back on my dads good side. It was a struggle but long story short I was introduced to forex and it changed my life.

At 19 years old I hit a 6 figure income and started living my dream life. But what really impacted me to put 110% into learning forex was my WHY (What, hurts, you.) My dad was my why. I needed to prove to him that my past doesn’t define who I will be in the future. Everyday I look back at where I first started and am so grateful for who I am today and how much I’ve grown as Colt. We all have dreams and goals. I want you to think of forex as a way to get to your dreams and goals quicker.

DISCLAIMER: I am not a financial adviser. The videos i post on my channel are for educational and entertainment purposes only. I’m just showing you guys how I invest/day trade and if you can take my ideas and create a foundation based on my opinions, great! But beware, investing of any kind involves risk. Your investments are solely your responsibility. While day trading can bring serious gains, it can also bring serious losses! So make sure you do your own research to fully understand the markets. Make Sure You SUBSCRIBE For More Forex Trading Videos!

Can Forex Trading Make You a Millionaire

Can Forex Trading Make You a Millionaire, Can Forex Trading Make You A Millionaire?.

Forex Trading – To Trade Or Not To Trade?

For many of the day it was less than 40 pips. You can have a desire to be a boxer but, without understanding and training your going to get knocked out. They have actually encountered so lots of obstacles in the past.

Can Forex Trading Make You A Millionaire?, Play most searched complete videos related to Can Forex Trading Make You a Millionaire.

Forex Market – Myths, Lies, And Promises

Just like any kind of trading, there are no guarantees that you will earn money or that you won’t make cash. On a personal level though, it depends on you to determine the security of your account.

For many individuals all over the world, forex is the brand-new and flourishing method to make a few dollars. The system is basic, easy to comprehend, and most of the times easy to use as well. It is a 24 hr business, generating income around the clock given that the world is wake at various times. For those trying to find some basic info about forex, they can find some here. If you are in the marketplace of generating income, it may be in forex that you discover your specific niche.

FXPro is arguably among the most globalised Forex Trading Investment broker worldwide. The business is currently serving customers from 120 countries in the world. The broker is an ECN/STP broker which means that, through the cTrader platform FXPro has the ability to hand down your trades directly to an organization. The company has a bigger diversity of trading platforms that are created for the diverse requirements of its customers across the world. From mobile trading platforms to web based platforms, FXPro has actually got it all. However, one of the disadvantages of the FXPro is its high level transaction size that stands at 10,000 units.

Futures and Forex Investments are technically called alternative financial investments. They are outside the regular range of typical financier experience-stocks and bonds. The mistake that numerous financiers make is that they feel as if they need to pick between their regular stock investing and these alternative financial investments. This is not the case. An easy technique to these financial investments can be taken that can incorporate them into your general portfolio without threatening your overall portfolio security.

You do not just awaken one morning and have a revelation that you are a Forex trader. No, no, no. If my doctor told me that he didn’t go to school, which he simply woke up one morning and found himself in a medical professionals gown, I would laugh, shout, and possibly run for my life.

It can be humanity to discover easy methods and approaches to accomplish specific jobs. The exact same concept applies even to financial investments. If there are methods by which you can make earnings legally however quickly, then you would choose that approach. In Forex Trading, this can be done utilizing a vehicle trade software.

So, if you are around if and when we get to 1.9000, pay attention to rate action. You may be able to discover an excellent short or a good long based on what happens at that level.

Practice forex trading accounts are terrific for discovering how a particular trading account works – but they’re not the real life. Lots of knowledgeable traders recommend beginning off with a tiny forex account to reduce your losses while you get adapted.

The threat results from fluctuations in the currency exchange market. You can subscribe through your foreign exchange broker or any Forex firm. Undoubtedly, most Forex currency pairs feature the dollar.

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