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FOREX is the market where if you have experience then you can earn a huge profit this is always in terms of money even knowledge also increases..
There are no mentors. There are sellers and buyers If a trader is successful why should he mentor? Personal friendship does not exist on the net where "mentoring" is offered
In order to create passive income. Working together with a broker and getting a share of what the one you are mentoring makes is common i.e. in the affiliate marketing world. This doesn't have to do with friendship, just to make extra cash...
In order to create passive income. Working together with a broker and getting a share of what the one you are mentoring makes is common i.e. in the affiliate marketing world. This doesn't have to do with friendship, just to make extra cash...
I agree. This is a very valid form of mentoring. Mentoring doesn't mean for free.
Exactly, mentoring is another way to make money. You give your knowledge and in return you get a share of profit. Legit way. I wouldn't have a problem getting a mentor who get's a share of "my" pie.
Exactly, mentoring is another way to make money. You give your knowledge and in return you get a share of profit. Legit way. I wouldn't have a problem getting a mentor who get's a share of "my" pie.
Me neither. Give someone a percentage of my PROFIT, or use no one and have a loss, if I am just starting out. Seems like a no brainer to me.
Me neither. Give someone a percentage of my PROFIT, or use no one and have a loss, if I am just starting out. Seems like a no brainer to me.
How are you then going to learn?
I know that they tell that the smart are learning on others mistakes, but so far I haven't seen any trader that learned trading without trading (watching someone else trading)
The quick answer is yes, but there are some very important caveats. While it's possible for some people to be make money in Forex trading, many will ultimately fail, often because they don't understand the factors that affect success of failure. Here are the five most important factors that work in your favor, and five that work against you:
You can make money in Forex because
You can lose money in Forex because
These are the fundamental factors that are in play when trading foreign currencies. If you are determined to make money in Forex, you will need to understand these factors well. Use the positive ones to your best advantage, and try to minimize the effects of the negative ones. It's not easy and it's not quick, but it is definitely possible.
After reading this the answer is no.Traders too busy making money? but not from forex trading.
its just like doing a merchant business, buy on low price and sell it at the high price to earn the profit, you can't do it then you will be the loser. that all!
if you think that you cannot handle the market, don't know how to trade, then give to someone expert some profit and let them trade for you.
Of course it's possible. The question is whether one can make money consistently. Some can, some can't, it really depends on the individual.
How are you then going to learn? I know that they tell that the smart are learning on others mistakes, but so far I haven't seen any trader that learned trading without trading (watching someone else trading)
Wow, you never learned something by watching someone else do it? ALL of the demo's and programs and books, etc. were built by someone else, so, in effect you are using a 'mentor' whether you know it or not. IMHO, if you pay for it and learn from it, it just gives you a jump start. Yes, you need to do it yourself, but no one just sat down and learned in a vacuum. This is another legitimate way that people can learn, as well.