My boyfriend is starting Forex. I think it’s a “get rich quick scheme”. Please teach me about the reality of it.
Hi. So I like to call myself a big skeptic of all things “get rich quick”. I’ve always hated MLM’s and other sorts of marketing businesses. I’ve seen many people and heard many stories of people losing thousands and I’ve always been super skeptical about them. However, my boyfriend, let’s call him Cody, has become interested in Forex. He has been a partner with Primerica for a while now but hasn’t done anything with that. He is a manager at a gym here and makes decent money from that. He was approached by a friend to start working with Forex. When I heard about this, I was shocked, just because I’ve heard horror stories about Forex. When I look up reviews online, all I see is people losing money. When I spoke to his friend to see what this is all about, all I got was attacked and hated on for being a “non-believer”. He essentially just said that people who lose money are lazy and don’t even try. I am genuinely curious in learning more and want to be more educated in this. From what I’ve read, it depends a lot on gambling and knowing a lot about the craft. Cody is convinced he will earn $40,000 (approximately) by February doing 6% everyday excluding weekends (I have no clue what that means but I know that’s what he’s doing). I want to know if and how this is actually a legit endeavor or if he’s just delusional. Please, no attacks, I want serious, informative answers. Thanks so much. TL;DR: my bf is starting Forex and I think it’s a scam, how legit is it? Edit: I told him that if he actually does make that $40,000, I’ll apologize for my skepticism and not question this typa shit anymore. We’ll see 🤷🏼♀️ Edit: He works all day with no break and gets home at 11-12 and gets EXHAUSTED. He goes to sleep at like 1 every night and spends that free time watching tv. Nothing wrong with that I just don’t see how he has time to do this stuff. From what I’ve gathered, this has to be done in the afternoon and takes a while. Update: So I spoke to him and mentioned all the advice y’all have given me here. He said he is already doing research but he’s down to join an MLM. He says “everything is an MLM, college, businesses, everything”, which is ridiculous to me but ok. I’m scared for him but I guess there’s not much I can do. He’s writing all this advice off as idiots that had a bad experience even though most people here have said that they have had ups and downs. He also says I’m being super negative and the least bit supportive. Idk what to do😕
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Hi there. I'm an experienced trader who has mastered the skill of trading in finding the best quality trading opportunities with little risk for maximum rewards. I have 7 years stock, forex, indices and synthetic indices trading experience with the Supply And Demand concept. Feel free to check my Reddit history for my previous work. I will teach you everything you need to know to become a profitable trader and a great financial markets analyst. $25/month PayPal
Old freind i had who i grew up with randomly called me and put me on the phone with some guy, and the two of them explained to me their business. They basically said they have a guy at the top who is a multi millionaire, and that he teaches forex trading and marketing to people in his company. They told me that in order to join the company, i need to pay them $300 and then bring in 2 freinds by the end of the month. After that i earn money weekly. They also said that they host events weekly where they talk about trading and other things. Normally i would brush this off and point it out as a scheme, but the guy who talked to me also said that many other people who i was freinds with a few years back are in the company and making good money. I’m conflicted on what i should believe because alot of people who i knew personally are in this “company”. They also said that if i don’t make money, then they don’t, and vice versa. Is this a pyramid scheme?
is it normal for parents to be teaching kids at 14 about forex and profit exchange?
so my parents were talking about that stuff for about an hour and they said ''and we expect you to be using the knowledge you will get by learning exchange rates and trading once you become 15 and start gaining profit''(im 14 btw) and after that i was just like, ''what the fuck was that all about'' so here i am asking if this is a normal thing
First time I hear of this MLM called iMarketsLive or IML or IM Academy (their branding seems to be all over the place). They claim to teach people how to trade Forex – a completely legitimate form of investing – but a quick Google search exposes a lot about them real quick.
Hello guys, please spare me 5 mins to read my post. Just a newbie needing advice. Sorry if i took up your time. So basically i started trading Forex since April 2017. Where im from, its a very mundane country. Everyone focuses on their office 9-5 job and go back home for dinner and sleep, therefore only (im guessing) 5% of the population here does Forex. Those who 'teach' Forex charge ludicrous price (4-5k USD) which i dont have the privilege of paying. When i first started, all i can learn was TA, since it isnt as broad as FA, and i've been doing well, every month's been profitable since April relying solely on TA. When i first started, i wasn't in it for the money. The thought of predicting how a market will move based on fundamentals interests me, i want to learn how to be able to do FA, such as understanding how bonds work in Forex, predicting Monetary Policies/NFP and all that just by reading and analyzing Fundamentals. It isn't more of a 'i want to do FA just for the $' but more of a ' i'm really interested and i want to learn how it works'. But the thing is, Fundamentals cover such a BROAD area and i'm really lost as to where i should start learning and how i can continue. I go through Forex Reddit everyday before going to bed, hoping to connect the dots on a few posts (like how bonds affect Forex markets, how people are able to predict the outcome of a news etc, safe havens and all) but all i end up is being jealous and amazed at how people can analyse Fundamentals till that extent, i really want to do that too. With that being said, can anyone point me in the right direction/provide learning materials of where i should start learning Fundamentals, i'm really stuck because Fundamentals in itself is so broad and i don't know where to start. Thanks for taking the time to read through my post.
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If you are a novice in the foreign exchange market, there are many resources that abound both online and offline that teach Forex for beginners. There is a lot of information needed to assimilate before a new trader can even begin to risk his or her money in the biggest marketplace in the world. With an estimated 4 trillion dollars exchanging hands each day, the Forex is a very tempting place to risk investing in. The Forex is a market that deals in foreign currency. Hundreds of thousands of traders buy and sell various foreign currencies from different countries around the world. Each trade is composed of two currency pairs, where a trader buys one currency and sells another. The foreign exchange market has many major players, and this includes the US and Canadian Dollar, the Euro, the Japanese Yen, and the Australian Dollar. In the past, international banks, conglomerates, and other financial institutions traded in the stock market. Today, however, with the promise of a huge fortune to be made, many small independent traders are entering into the Forex market. Resources on Forex for beginners will show novice traders the ins and outs of the complicated world of foreign currency trading. Anyone can trade both online and offline, and it will take thousands of dollars in investments to make a trade. One advantage that novice traders will enjoy is that trading takes place electronically. Even the information on Forex for beginners can be sourced out on the Internet, making trading in foreign currency considerably easier for everyone. https://untappedreviews.com/smoke-deter-review/ https://untappedreviews.com/organifi-green-juice-review/ https://forexprofitideas.com/bitcoin-millionaire-deposit-ca-review/ https://asrightasrain.co/yoga-burn-review/
Hello FOREX traders, We all know that learning from the right people makes THE difference so I'm here to show you guys what I have found to be of good value in learning the market and how to analyse it. But I have not decided which one I would choose. Because I want to be really sure about this. And I would like you traders to give your opinion on it. Livestreamtrading.com - here you have an membership program providing live stream daily help on analysing,etc. But trades stock's says it is better for day trading and steady gain of balance. Astrofxc.com -here you get an real book and get 1on1 physical support for over 5days and acces to members area, 2 young guys teaching forex courses. What would you guys reach out to? Opinions please!
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06-17 23:34 - 'Well I'm a certified Forex Trader, I teach and trade for clients all over the globe, I can Teach you how to trade yourself Now! Permit me to then Educate you on Binary Trade Market FOREX/BINARY TRADING...!!' (i.redd.it) by /u/warmheart01 removed from /r/Bitcoin within 2-12min
99.9% of "online courses" are worthless. If you know how to make money in real estate, or trading forex, you do it, you don't give up your edge by teaching others how to do it
Lots of people think these courses are useful. They aren't. Most of them are hype, just trying to get you to buy more nonsense as opposed to actually teaching you something useful. If I know how to make millions selling real estate, I'm going to sell real estate. Yet I'm not going to teach seminars at $2 thousand per person. Even if I did , that would raise my competition. How come I would do that?
I want to learn forex (searching for a mentor who'll teach for free)
i'm 18, i've been trying to learn forex for 3 months,i actually cant afford the courses (cuz they are very costly),,so i'm trying to learn by myself, i've watched 300 + videos on YouTube and also tried learning from babypips.com ,,bt i always end up blowing up a demo accnt,,it wud be pretty helpful if someone cud guide me(for free) and help me build a strategy .
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Hello. I am 22 years from Europe with a background in trading in Forex, Crypto, Stocks for 5+ years. I will teach you Forex from the beginning and starting from Support & Resistance, Trendlines, Market Patterns, Candlesticks, etc. How to manage your risk, where to set your stop losses and take profits, etc. And many more lessons about Forex, Stocks, and Crypto. Also, I have written articles about Forex, Stocks, Crypto and if you're looking for a high-quality content writer with an experience of trading then you can contact me. https://www.tradingview.combeharii/
[OFFER] I will teach you how to Trade Forex for the price of a cup of coffee ($5)
TLDR; $5 for the ENTIRE COURSE. Mode of Payment Paypal. Bid, bid, bid! Walk into 2020 with a new skill! I was here last week with the I will be your boyfriend for $100 post and as you can tell, I am a fun, crazy and quirky online teacher with a knack for strange gigs :-) 5 Reasons why these lessons are very important for you; * 1. They will allow me, your teacher, to buy a $5 cup of coffee. This is astronomically important, especially this festive season. * 2. Now every time someone says, "Man, these Trump tweets are really messing the financial markets," you can reply with, "Yep, I was looking at the charts this morning and..." before Sally from Marketing interjects with, "Duuuuude, you look at charts?" [Enter Smug Flex Emoji here] * 3. I once taught a chap how to play hide-and-seek and the fellow has never been found to date. My lessons are that good. You should hear about the guy I taught how to ride a bike. * 4. There exists the off chance that you might get really good at this and do a Warren Buffet on us. * 5. [META] Now wallstreetbets will finally know your location. This is an introductory 'WTH is Forex' course and it will only cost you $5. Not $5 per hour, not $5 per day or per lesson, but for the entire course. Mode of learning is online. Mode of payment is Paypal. Bid, bid, bid!
Anybody on here trade options or Forex? Would love to meet some like minded people to teach me a few things.
Would be great to meet someone local who's into this kind of thing too. I learn better when I can ask questions, plus teaching is the best way to learn. Might be a win win! Plus, I'll bring beer. 😁 Might be a long shot, but worth a try!
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