Hey everyone. My name is Dante Linton. Okay. I was recently released from Jail. I met a guy there that swore by this Forex stuff and explained a little about it to me. I figured I’d come home and study it myself to see if a person really could get rich off of it.
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Hey Dante,
Try the online course. It’s a great start to trading in general too, in case you want to get into other trading instruments much later. Gratz on being released and hope trading works out for you. If in doubt feel free to ask away in the forums.
Dims
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Hi Dante, I respect your open and honest first ever post here.
Forex is a good route to extra income but there isn’t any realistic likelihood of getting rich quickly. Best to set aside those dreams or they would just lead you down a dead-end leading exactly opposite where you want to be.
So what’s the alternative? Yes, you can get rich from forex but its going to be slow. If you have a pretty steady performance, strictly following a not very ambitious strategy, you could double your money in a year. That sounds nice but the way to get rich by doing that is to not draw out any profits, just keep trading larger positions for years and years until your annual income is more than you need. Its a kind of a trap - if you draw the profits out you won’t get rich.
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Hey. Thanks for being honest and giving me the real. Some of the dudes I talked to made it seem like something off of TV or something. I’ll probably stick with it but, I guess I can forget about this get rich overnight dream I had. At least I know straight up. Thanks. Right now, I’m going through the Babypip school and I’m stuck on part of that.
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