Hey pips and pipettes,
I’ve been wondering - have you ever met anyone personally who actually made money of forex? And I mean someone real and impartial. I do NOT mean some random guy over the internet or a blogger, and also not a broker with an interest in your funds or a guy who wants you to buy his book. I mean someone you know personally and can verify he’s not full of it (bs of course, not money).
My broker who also taught me to trade always tells me of some client of his that got the hang of it or some junior broker in his firm that knows the business, yet I keep asking myself - if he personally or his junior broker knows how to make money from forex, why oh why is he still working at an office job? I mean, give me a system that works just 40% of the time and I’ll be a millionaire in a year and a half, I’ll quit my job and start developing hobbies. But here’s something I will NOT be doing - sitting at an office wasting energy and nerves trying to convince potential clientele how they can make money if they are well educated, disciplined and careful, etc. etc…
I enjoy cruising the demo but risking my real hard earned money? Not sure 'bout that at all.
Now personally I met someone who became a millionaire from a 3000$ account in less than two years, but he was trading stocks and he was a genius (a lucky one at that). As for forex, everyone likes to talk big and mention strategies that work 70% of the time, but it just smells like bigfoot sightings to me - everyone knows someone who saw one, heck, there are even self proclaimed bigfoot experts, but no one actually saw a bigfoot himself.
What are your thoughts?