What do your family think about your forex trading?

Maybe one day you will be preaching to the converted :wink:

I made my money back :D. and i wasnt outrageous. !0% interest on the original amount for three month loan. and then 10% every month they hadnt paid me back. I loaned for things like trucks cars 4 wheelers. Had it titled in my name. I did have to repo some stuff.

Our society are accustom of ā€œGo to school, get good grades, find a great job, and work very very hard.ā€

Regular jobs are becoming our security and our ā€œcomfort zoneā€ because of regular paycheck that we received each week/month. There is nothing wrong about having a job as long as you like your job and you are passionate about itā€¦ However, there are people like us who are looking to get out of that ā€œcomfort zoneā€. We wanted to learn more, be more, and earn more.

It is true that money doesnā€™t buy you happiness, but it can buy FREEDOM: freedom of choice, to be able to do what you enjoy doing and not be forced to do things just because you need ā€œthe money.ā€

Itā€™s a shame. There are far too many good, kind-hearted, talented people, unable to share their unique gifts and talents to the fullest, because theyā€™re simply too busy trying to survive. They work long and hard but never get ahead financially.

There is a saying thatā€¦.[B][I]ā€œ If youā€™re going to work hard anyway, you might as well get richā€¦.and the quicker the better.ā€[/I][/B]

If I were you focus on becoming a successful profitable trader then you can take your parents for a paid for vacation to the place they will choose (Maui, Hawaii- anyone?). I am sure they will be thrilledā€¦ and they will support you in any possible ways :slight_smile:

Your future doesnā€™t rely on your parents, your friends, your neighbor, or your pets (unless they are your mentors)ā€¦ It is rely upon YOUā€¦

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Ah well, the thread went off rails and got back on track againā€¦LOL
On mentors, It would be nice to have a great mentor in the background providing the right tipsā€¦but as often with other things in life, we just need to do it the hard way - trite but true esp given this market.

Itā€™s been said a few times already but itā€™s time to stand on your own 2 feet & disregard what others think. Itā€™s your life & you only get one shot at it so live the ā€˜no regretsā€™ lifestyle.

You could tell your parents that you wanted to become a brain surgeon, however despite the fact that itā€™s a very respectable job, they might not respect & support your decision due to the massive debt you would get in through medical school fees. People just think that if you aim for the stars then youā€™re just a day-dreamer; itā€™s only acceptable to them if you become a sheep & do the norm & have an average joe job. You go & become that brain surgeon & your parents would be sooooooo proud of you & support your ass off. The same applies to trading: learn everything that you can, be the best trader that you can be & be successful. As PipNRoll said, make your fortune, prove yourself to your parents (provide the holiday if you can afford it) & your parents will get behind you 100%.

As I said in my other post, people fear what they donā€™t know, your parents donā€™t understand Forex (good luck trying to get them to listen or comprehend it) & as a result theyā€™re just worried about your financial future. You donā€™t have to make millions, you just need to get by on trading & your parents will then support you - theyā€™ve got your best interests at heart.

And the most important point: they are your parents, they will love you if youā€™re a bin-man or the next Bill Gates. Do what makes you happy (in every aspect of your life) & even if you bomb out, the thing about parents are that they are always there to pick up the pieces.

Now go start collecting those pips.

I am in a house hold where NOBODY understands forex trading, and they pretty much donā€™t mind what i do, they even give me my space when i trade (they tend to avoid me LOL) my family is cool with it. on the other hand my friends are pretty much intrigued with what i do, but when i try to explain they start staring as if i was speaking an alien language or something :smiley: trading is a parttime thing that i do, I still keep a day job (a flexible one) so its all good. thanks god there are forums where traders understand each other. :smiley:

For sure. I reckon that Iā€™d make the worst Forex mentor as even the simplist of trading concepts leaves any non-trader looking bemused & bewildered. My friends now just resort to, ā€œHowā€™s the trading going?ā€ & that is the extent of the conversion - much to my annoyance. Itā€™ll only get worse as I get more immersed in it too :frowning: That said, I donā€™t ever talk about my proper job either so maybe I shouldnā€™t read too much in to it.

My answer to your question is that no one knows about my. I spend allot of HOURS in front of my computer trying to learn as much as I can. I am 21 and I live at home with my parents. They ask ā€œwhat are you doing with the laptop all the time?ā€. I dont want them to know about my passion for forex before I am a consistent profitable trader. So I say that Iā€™m chatting or something. I think they will affect me in a negative way. Because they dont know what forex isā€¦ So for now, I will keep it as a secret! But when I make it, my mom and dad will be very proud. I will take them on a nice, chill vacation. :smiley:

Happy pipping folks :slight_smile:

(I knowā€¦ my english is bad. Iā€™m from scandinavia) :slight_smile:

Secretive behaviour on the computerā€¦you are aware that your parents probably think that youā€™re a porn addict :smiley:

Your English is more than fine so no need to apologise for it & happy pipping to you too.

Thats funny! haha :smiley: Next time they ask, I will answer ā€œItā€™s a secretā€. Wonder what they will think then :stuck_out_tongue:

Say your studying economics, thats what I tell people that ask me what i do for a [B]J[/B]ust [B]O[/B]ver [B]B[/B]roke

alot will leave it at that,

" you make money" reply, " Not enough" and just laugh, LOL

Pretty good to know everyone is in the same boat. At least to me. I like hearing my thoughts echoed for once instead of shot down instantly :-D. About college and being a drone working 12 hours a day 6 days a week hoping to get somewhere. About the freedom money brings. Thatā€™s why I stay around these forums. And baz Iā€™m in the same position I like trading I like talking about it Iā€™m pretty passionate about it. But I donā€™t have anyone to discuss it with.

Hello MoneyNeverSleeps,

To be rest assured, you are certainly not alone in this and there are many who are also struggling through some kind of social pressure in their lives to take ā€œThe Road Less Takenā€-Robert Frost

In many ways, the responses that you have been receiving is a form of social construct that has been built into each of us influenced by the Engineering of Society by the Gov, and many other parties with different motives throughout the century. In fact, any responses you do here from them is a reflection of their beliefs instead of yours.

And if you do just ponder a minute, we have been taught to belief that the success is achieved in life by following what others are doing. People are having the belief subconsciously and this is reflected in their everyday decisions and actions.

Any form of out of the ordinary from society has always been condemned especially in the infancy of an idea- even the idea to think that you could be successful. Just ask Einstein, Michael Jordan, or Oprah. (Please read their biography to learn more about them)

But when you do start shining though though, and prove ā€œtheirā€ beliefs wrong, not only would they cheer for you, they would also join you. This is called the herd mentality.

Being in forex, is like being in an actual business. But very different from your typical traditional form of traditional business. You will go through like new entrepreneur though a few hardships. And you will learn a lot about yourself and others in your process of trying to succeed in this business.

But be warned this journey Is really a Form of ā€œRefining Fireā€ and you need to take every single measure to ensure that failure is not an option or else the wolves will come laughing back at you.

cheers

My wife thinks that trading is pure gambling and gambling is evil, therefore trading is evil. I have to trade secretly at night, but she is very suspicious. Yesterday morning, she asked me what I had been doing on the laptop for half the night. In an attempt to cover up the truth, I told her I had been looking at porn sites but she called me a liar and said she knew I had been trading. Go figure.

Youā€™re not serious about that, are you? It seems like such a backward scenario. Most people would be in the situation where they were looking at smut and told their wife they were trading. Since itā€™s just so hilariously backwards, Iā€™m wondering if you were kidding or serious.

I have already convinced my family members why I spend so many hours in Forex because i have withdrawn profit money and they know about it, now they have started realizing that Forex is really beneficial and it have money involved.

I hate this trading, but i like feeling angry all the time, gives me an excuse to become an alcoholic.

my grandparents on my momā€™s side used to trade stocks and my grandparents on my dadā€™s side used to flip houses. they promoted the idea of trading ever since i was a kid, though at the time i told them they were wasting their time and that i wanted to be a marine biologist lol. my parents on the other hand, probably dont even know that i want to trade currencies or that i used to trade stocks. i think my father just figured out what i was majoring in 2 years into my college lol.

Although I did not mean the story to be taken too literally, I am making the point that someone close to me has taken an extreme antipathy to trading. This, IMHO, is because of fear of change: if I fail, I could get out of control and destabilise the family emotionally and financially; if I achieve great success, fear that I will get out of control and become self-indulgent. Either way, my wife loves the life we have and she sees any possibility of change as a threat. Unfortunately, she is overlooking the fact that we got to where we are by taking a few chances along the way. Itā€™s in my nature to keep looking for more than we already have.