Hello everyone I’m Martin. I got tired of living paycheck to paycheck where the cost of living is higher than the amount you earn. I need financial freedom to enjoy my youth and not have to worry about what I am going to do for my family. Any tips an trick you guys can offer I will greatly appreciate.
Well, you have about 10+ years of hard difficult work to reach financial freedom. Rome wasn’t built in a day, and don’t expect forex to be paved with gold dust just waiting to spread it around.
The reality is that 90% of noobs lose their capital, it’s a fallacy to believe that anyone can make profits - it just doesn’t work that way.
Let me explain. Forex trading is speculative at best. There are no guarantees. For every buyer there is an opposing seller who most likely is a more experienced trader - some brokers will take your trades and oppose them because the odds are on their side you will get it wrong and lose your money to them.
Just start your learning journey by reading the free courses on here, and experiment on a demo account first. TIP. - Learn how NOT TO LOSE MONEY, which means controlling risk and money management. That is the secret to becoming a profitable trader.
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Well hey thanks for the headsup. I wasn’t expecting to just make a fortune in a day. I know that it will take a lot of time and patience to learn but I’m willing to put in the effort to learn.
Welcome to the community, Martin! Forex trading is surely a great way of getting financial freedom. You can trade whenever you want and make your own decisions. The best part is you don’t have to report to anyone and do all that you want to.