Is forex the way to true wealth and financial independence?

Is forex the way to true wealth and financial independence?

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youtube.com/watch?v=LbPTprORevY
dlacenter.com/conventment/conventment_whitepaper.pdf
theaccountingblockchain.io/?aId=7543845-2892534
youtube.com/watch?v=aWwvjqeO-fI
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no. selling the illusion of easy wealth and financial independence is the way to true wealth and financial independence.

t. Kiyosaki, Ramsey, and Orman

Forex is the key

easy to triple zero

>you can easily become rich over night
>pay me to tell you more

shit is free my friend
>yfw Jow Forums doesn’t know the real path to wealth

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Not unless you have millions already. Even the best forex traders make only 30-40% in a typical year. These are the people working at Goldman/JPM, who have access to mountains of information. Sure there will be years where they make 2-3X their money, but those are typically once in a decade if not less.

Being a poorfag inexperienced trader expecting to make 50%+ a year is idiotic. Im not saying its impossible, in my first 5 years as a trader, I made ~63% annualized after fees. That didnt change the fact that I had

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is this a joke?
>3 nigger and a roastie
no way they are making anything from trading

nope
Just put all your money in conventment

Nah man forex is fucked. Leveraged cfds are structurally -EV and also riskier than they appear.

no way this is real LMAOOOOOO

How desperate, dumb, and black would you have to be to fall for this shit?

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>WE

>WUZ

>KANGZ

Ask me how I know we’re in a bubble
Forex is difficult to profit from in general because the factors that affect it are numerous and complicated, coupled with movements that are very small. You either put a lot of cash at risk or you use leverage and margin generously. It’s just not the glamorous market you think it is. I don’t know where people get this enchantment about it from

how do you know we’re in a bubble

It’s rhetorical

but how do you know we’re in a bubble

What does rhetorical mean?

how can you tell we're in a bubble from rhetorical

I think the bubble was rhetorical.

LOL FUCK NO!

Happiness, well, im a depressed sadsack piece of shit but i hear that it's relative and you just gotta find peice and love yourself. Or whatever. Good luck on that end.

As far as the path to freedom. Study personal finance and investing books

YOU MUTHERFUCKER DONT YOU EVER PUT KIYOSAKIS NAME IN WITH THOSE 2 USELESS KEKLOARD SHILLS.

anyone at the richdad company or anyone like me that is meerly a fanboy until i get my shit straightened out hates the fuck out of those 2.

>get out of debt
>cut up your credit cards
>be frugal
>Save save save!

Kiyosaki and anyone with anythibg besides air between their ears knows to do exactly the fucking opposite!
I mean, ffs. I went from 200k in bad debts and a 400s credit score yo 760 and climbing and like 60k in GOOD debt.

My life has forever changed for the better and continues daily because i read rich dad poor dad and didnt stop reading

is that ava addams ? wtf lmao

I just did my very first ever investment into Cryptocoins earlier today
I don't know how this market works on the long run so I just bought a small amount of Ethereal because it was cheap and seemed like a good choice, I'm going to keep an eye on it to see if I can double my initial investment and hopefully learn enough about the downs and lows of this market so I can maybe one day earn a bit more money on the side

Wish me luck!

No. Starting successfull businesses is.

no way this is real

>invest
>shitcoins

user sell it and get books on personal finance and investing before gambling with shitcoins

he'll be fine. let him learn

You can make good money in forex if you take the time to really learn and study the market. But it takes time and practice.

That being said you can make money doing anything with time and practice, looking for an easy million will get you nowhere.

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Alright i guess. It just pisses me off. My faggot friends are all about starting a business to get rich. Yet they have never so much as held a managerial position or read a fucking book on how to properly run one. Then have nerve enough to tell me you can't lose money on a 401k and they invest in a stock portfolio.

Whatever faggots. Im done. Stay poor. When i am rich i will just order a pallet of rich dad poor dad paperbacks.

When someone asks me "how are you rich." I'll hand them the fucking book and tell them read this. Then if any of them actually take some fucking initiative and do it i will walk them into my library and make them a key card to get in and check out 3 books at a time.

Maybe 1 in 10 people will stop living paycheck to paycheck after being introduced to real investing. Overall, seems worth it to me

Are you fucking meming?
When you see this shit it is EXACTLY the kind of thing you see before markets decline broadly. Maybe not bubble per se but a hint at a looming recession. I recall seeing the same things in 2006.
When people get rich quickly from investment, and don’t even understand how or why they got rich, you can bet that values are overstated.

Well, i fucking give up. Maybe in a couple years when i retire to tend to my rentals until i can get a property manager and some oil leases. Maybe then i will try and get my faggot friends to listen to me.

There is nobody around for an entrepreneur club or anyone like minded at all around here. I hate this shit. Im not wagecucking just to retire at 70 and die a month latter.

Where you at lil broke az white boys?

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are you retarded? You realize the forex is not equity right?

WTF is this shit

stay sleepin

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Flexing so hard on the gram the jet is still chock blocked LOLOLOL

ALL THE WAY UP

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>A commonly known fact is that most forex traders fail. In fact, it is estimated that 96 percent of forex traders lose money and end up quitting. DailyFX found that many FX traders do better than that, but new traders still have a tough timing gaining ground in this market.
>In fact, it is estimated that 96 percent of forex traders lose money and end up quitting
>96 percent of forex traders lose money
>96 percent
>96

Id just like to mention i dont trade forex anymore but i used to work for a firm that did and our main job was getting people to use our platform
I recently activated this account with a small $1000 pot and made about 30-40 small trades in 1 day as proof to all the ignorant fucks that you can make money in forex, if you know what youre doing.
anyone who gets mad and say you cant has literally had a history of losing.

this. stop listening to these frauds selling you a dream.

Also I've always wondered about the 4% of "profitable" traders, they could easily wipe out their gains with some bad decisions in a week
What is the time frame for a "profitable" trader, one year?

i assume it is only a year. its like the majority of actively managed funds who underperform index tracked funds. only 4% are able to provide better returns, yet they're unable to do that year after year.

>aaaaaaand its gone.

look at the spreads on most forex brokers. you need to be properly capitalized to account for that and properly set stop losses

>White girl
>Dreads
Yeah she's crazy alright

>AND ACCREDITED INVESTORS AN SHIEEET

I thought it was that girl from FRIENDS. AVA looks better than that

AHHHHH HAHAHA! MAN. People are fools. Absolute fools!

>dropped out of college 7 times.

Nice fucking meme. I dropped out of juco twice but you dont see me faking like im bently rich

Playing a game with your hard erned money where there is only a 4% chance u break even.


LOLOLOLOL

In 1 day. Proof.


Do it consistently faggot

Say salty whiteboi

youtube.com/watch?v=LbPTprORevY

Must be nice. I make 40k a year. Got 60k saved up to go in 1/2 on an oil well with a bro. The SEC wont let us.

You have to be rich to get rich.

Suck my fucking anerican cock sec u nazi pieces of shit

dlacenter.com/conventment/conventment_whitepaper.pdf

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Apes on a plane

>fell for the Jap Jew

>implying I’m talking about equity at all
Reread my fucking post would ya? I’m talking about the broad market.
Watching everyone from bottom rung to top slosh their money around and see fast, unusually large returns, of course they spend, they acquire lots of expensive things (financed), it’s always the same throughout history. Bull’s getting tired. You’ll still act surprised when prices fall

BRUHHH SO FUKIN LIT

sleep or be woke all up to yall honestly

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entrepreneurship will always be the 'easiest' way

>poor
>200k in debt
>420 credit score.

>read kiosakis book.
>read other personal finance and investing books

>pretty much 0 bad debt
>close on 3rd house next week
>760 credit score

Save THOUSANDS already just by fixing credit and debt consolidation loan.


WHEW LAD I SURE FELL FOR THAT MEME DIDNT I.

Fuckodd brokefag

Bullshit. Hands down the hardest. But its worth it

whats your income and how long did it take? curious

interestig. no forex then. cheers

im in downtown. this would be paradise if not for the people

Almost anything is if you're good enough at it.

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So you’re telling me these hoodrats could really be making a killing?

Recent microeconomical studies show that entrepreneurship is worthless. Innovation is more hassle than it's worth - that's why all the big companies have been shedding and outsourcing their R&D for decades now. Small businesses fail hard and your time is better spent just flipping rubles between shifts your crappy tollbooth dayjob.

entrepenur cucks BTFO

Forex am real amazing way for make money, but EVERYONE who am good has blow up their account a few times

post this video please

;_;
there are like 3 "roasties" me follow on twitter who post their live trades, they routinely get 200+ pips daily

they have some sort of house mommy power

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Businesses are like shitcoins, you're supposed to sell at the top not hodl them

no. choice insider ICOs like dragonchain and theaccountingblockchain.io/?aId=7543845-2892534 are de only wey. advisors wrote the gov crypto regs in malta - check. set up next door to binance with frequent meetings - check. insider moon pump after initial listing mini pump - inevitable. count on the greedy and corrupt, ride in their wake for safe and clean profit. one love.

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plan on using GVT to get into forex.

This is a board for business and finance you dumbass. When you see forex on the front page of reddit then come and spout your shit about bubbles.

#stayblessed with the #forex

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Hear, Hear!

Why would you want more people to do that anyway? We can't all be 1% living off passive income. The less competition, the better

>he doesn't know you can profit off downtrends too

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>UCF Campus

Knightfag here, when I go and film it what should I say?

also should mention I have a social traffic aggregation business and a web development/SEO agency, so I'm not rich but honestly probably make more than "CASHDAGREAT"

fuck, nevermind it already happened lmao

will ABSOLUTELY go to the next one though

>forex so slow moving that it's so predictable.
>not profitable
Top kek.

Forex is so easy to predict, especially on major pairs like the EURUSD. Have you even seen the movements of these markets? It's actually so slow that you need leverage to even profit from them. Major currencies move around 0.10-0.20% per day at best. What wipes traders out isn't the market movement or volatility, it's the retarded newbies who over leverage and don't know what they're doing.

It's zero sum.

i wonder how many people called the police on this thieving nigger

no.

this guy gets it ^

just shorted forex

exactly, youre an idiot that doesnt know shit about the markets, so fuck off

youtube.com/watch?v=aWwvjqeO-fI

i found one of em

shit I should buy a condo in miami though some place with less nogs.

an ebook which teaches you how to write an ebook to teach other people how to write an ebook