Anyone got involved in forex trading?

citymike1989

gadgetmind wrote: »

It was a thought that just sprang to mind when I saw you suggesting that someone who comes across as a novice advice should try their hand at forex trading.

Sorry, but the first thought that sprang to your mind from novices and forex trading was school children and drug dealers. The fact that your mind linked novice with school children getting dealt drugs on their playground has surely got the police looking at your computer as we speak.

Look, I am not on here to have pathetic slagging marathons and I can only hope you agree with me on that. I don't understand why you are trying to one up my opinion all the time. And with regards to me trying to get a novice into forex trading... I think you may find I said he needs to educate himself first and foremost.

Quite frankly, you are the type of person that would say to Richard Branson, prior to him becoming one of the world's most successful entreupeneurs, that what he was doing was out of reach, silly, and that he should get a real job.

Unfortunately, our world is plagued with pessimistic opinions and teachings all the way back into schools, and people using emotional drivers to keep up from being who we want to be. Believe it or not, you are displaying those same attributes. It's not a mugs game, because there are a lot of people who have become successful from it as well as failed, just like people have failed in starting their own businesses.

If my opinion stinks to you, so be it; but it is quite clear my outlook on life is a lot more positive than yours and always will be.

P.S. Living at home is wonderful.

gadgetmind

citymike1989 wrote: »

Sorry, but the first thought that sprang to your mind from novices and forex trading was school children and drug dealers.

No, go back and read what I wrote as you've missed something important.

Look, I am not on here to have pathetic slagging marathons

I'd rather you didn't do either this or advise novices to take up very risky trading strategies, but if forced to choose, then I'd rather your pathetic slagging than dangerous advice.

Quite frankly, you are the type of person that would say ...

I'm the type of person that says whatever he feels like and who doesn't like having words put into his mouth.

Unfortunately, our world is plagued with pessimistic opinions and teachings all the way back into schools

Yes, and speaking as a serial entrepreneur with several successful businesses behind me, this does chafe somewhat. However, "get rich quick" schemes are nothing of the sort, at least not for the punter, and there really is no alternative to hard slog. Dreams of easy riches can also keep people stuck in a rut where they can't imagine success other than via their numbers coming up so don't even try.

If my opinion stinks to you, so be it; but it is quite clear my outlook on life is a lot more positive than yours and always will be.

I think you'll find there is a big difference between positive and rose tinted.

IronWolf

OP, just remember the 90 90 90 rule.

90% of traders lose 90% of their money within 90 days

jimjames

citymike1989 wrote: »

P.S. Living at home is wonderful.

Much as I loved living at home, having my own place was much nicer.

Get rich slowly is less exciting but a far more productive strategy for most people investing.

citymike1989

jimjames wrote: »

Much as I loved living at home, having my own place was much nicer.

Get rich slowly is less exciting but a far more productive strategy for most people investing.

Couldn't agree more. There is no such thing as a get rich quick scheme.

JohnRo

I suspect retail forex brokers might have a thing or two to say about that, but yes for mere mortals...

spender

If someone opened an account with £10,000 could they lose more than the 10,000 deposited?