A little context before my question:
I am an MMA fighter from Brazil living in the US, had a business venture recently that came down when I realized I didn’t like what I was doing. Since then I’ve been trying to find something else that I would be excited about doing. I considered a few options but never really made a second attempt.
Until two weeks ago.
I heard about forex for the second time from a good friend. He signed up with a company and has been very happy with it so far.
Now, he is indeed a good friend and never tried to sell me into anything, but we got to the forex subject, and he says that after a few adventurous attempts where he lost a couple thousands, he started mostly just following their signals and has been making consistent profit with no effort. We talked about the forex market for a good amount of time and I got really interested in it.
When I got home, I went straight into research and found a lot of good resources. I’m still in Pipsology Kindergarten, but I consumed a good amount of content. I have a few favorite podcasts and youtube channels already, and learned a lot from VP of No Nonsense Forex.
With all that I’ve seen so far, I’m pretty sure my brain was made for things like forex trading. Since I was a kid I realized that intelligence consists in pattern recognition, and that’s been my model for a long time. Jiu jitsu has taught me a lot about using principles to guide your moves instead of memorizing the long techniques, and I’m really good with recognizing and controlling my emotions. I can consume forex content all day.
I haven’t started to trade at all but I have made the decision already. I have no doubt that in a few years I’ll be able to live off it, and hopefully in about a decade I’ll be pretty wealthy and spend my life traveling around the globe earning a living from my computer. Those are my goals.
My question is:
I will definitely take the long road and keep with the plan above, but should I sign up to my friend’s company and also make money off their signals meanwhile? I assume that their classes would assist my learning as well.
They charge $200/month and if you sign up people under you, the price gets lower and with 3+ people, you start earning more than what you pay.
Thank you so much for reading all of that and I hope to learn a lot from and with you guys in the following years. Babypips is the $h#t!