Where are the Forex Millionaires/Billionaires?

Many people who have become wealthy through trading have put their names into the public domain but usually that’s because they wanted to develop another business, such as training, textbook writing, investment fund managing etc.

But that doesn’t mean they became millionaires, let alone billionaires, through trading. Success does not mean you must be a millionaire.

I believe I saw a youtube video less than two weeks ago where some guy called cue banks made over 240k in about 10 hours on a US30 trade. He had two positions open. With that type of trading how long do you think it would take him to make a million dollars?

The man you’ve mentioned is a public figure. His “popularity” is another tool in his money-making strategy. Those who treat Forex as a primary or only “activity” don’t want you to know them. The less discussion around you - the less distraction and negative impact on your income. In fact, it’s not that hard to make money on the Forex market. You just need to download metatrader 4 and start analyzing data, making correct predictions. Given the low entry threshold, you can expect thousands of wealthy Forex traders, not even mention ones with medium income.

That is partially correct. My friend believed that in order for Forex to operate, you had to make a lot of money all at once.

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Quietly enjoying their lives and making money with their money. These people have nothing to prove to anyone and so they live in the relative shadows created by loud mouth social media profiles who choose to shout about their “wealth”.