Are these kids actually making money forex trading or is this just a meme??

REMINDER ALL RETAIL TRADERS ARE LYING PIECES OF SHIT

AND UNLESS YOU'RE A BANK THAT CAN CONTROL INTEREST RATES DONT FUCKING TRY YOUR HAND AT FOREX

would people be absolutely desperate to sell you trading courses and bots and put the effort to set up elaborate shots flaunting wealth on instagram and spend all that time interacting with their followers if they actually made money?
think about what you'd do if you had money yourself. most sensible people would answer "pursue my hobbies". nobody willingly interacts with idiots day in day out, that's the whole reason fuck you money is called fuck you money
we've got barely 8 replies ITT and 3 of them are one user trying to sell you a course. that ought to tell you everything on its own, but if it doesn't, know you're their prey
forex "traders" are basically white pajeets

I fell for it about 10 years ago, and it was an expensive lesson. I thought my education and my then-job at an investment bank made me smarter than the average trader. Maybe it did, but it wasn't enough to make me win consistently against retail fees, costs and spreads.

KEK.

People fall for this kind of thing all the time:

I have a great tennis winning strategy. I'm a horrible player myself cause I don't have the discipline, but I can teach you how federer plays. If you're disciplined enough, you can play just as well as he can if you use this strategy.

I called it "throw the ball as far away as possible from the other guy".

Why am I not coaching professional players? I've had enough of the pressure. See, I prefer to make money on the side, without the stress, and actually helping good hardworking people. Professional players already know all the little secrets, and more often that not they're entitled little brats that think they're better than everyone else. I like to share those little known secrets with regular folks like you. I might not make as much money as a professional coach, but the satisfaction of watching regular people become world super stars is enough to compensate.

It's a con, they make money from idiots like you that think they are legit and pay for their signals.

Thanks, ye that makes sense...

If you are dumb enough to even ask you will never make it trading

Wasn't ever going to buy there signals but wanted to know where the money is coming from if not from forex, and now I know.

They're almost certainly not and it's just a meme. The markets are demonstrably rigged. I have yet to find one verified retail trader living primarily off their trading income with a track record showing consistent profitability who is trading FX markets, Futures, or U.S. equities. If you add in the criteria of "not trying to hawk a product" you probably eliminate 99% of all traders right off the bat leaving a number so small that you can almost attribute the remainder's success to luck alone.

There are some option traders out there that are selling premium who are going to be sucking dick under a bridge inevitably because their risk of ruin is a certainty, but are sort of making money in the interim until that happens (they can't scale past a certain point and no one is going to give them funds to manage because as I mentioned their risk of ruin is a certainty).

There are some really good Aussie traders trading the ASX who are doing it successfully, but that's because the ASX isn't an AIDS infested corpse with enormous microstructure problems like U.S. markets. There's a few traders living at home still who market themselves as successful and self-reliant consistently profitable traders because every so often they make $100 a day which in addition to the support their parents are giving them is a fortune.

There's a lot of guys who were successful pre-Global Financial Crisis and pre-dotcom boom who are still coasting on that shit to this day, but couldn't turn out a meaningfully profitable month anymore if their life depended on it. The list can go on and on. I'm embarrassingly familiar with the whole "trading industry" and trading in general and it's one of the most rotten industries out there.

Well you're right about the scam pasta, but there are some fields where it applies.

Like when teaching instrument, lets say guitar, you don't need to be able to play speed metal yourself to be able to teach someone else how to play speed metal. You just need to know how shit works and pass that knowledge. Of course in this case the "guitar teacher" usually has several students so it doesn't seem as fishy as this expert trader.

I’m a whale from forex. Like my shit and I’ll tell you how I got big, son

Hope these faggots die in a car crash

dice+1d6

Rolled 2 (1d6)

I can't read

Actually a good podcast that comes to mind to demonstrate how much bullshit is in the industry is "Two Blokes Trading." The earlier episodes specifically. It has 2 guys who basically document their attempts to become consistently profitable FX traders. They interview all sorts of "traders", they get all sorts of free classes given to them to promote the bullshit artist of the day's product, and both of them fail miserably despite really obviously committing to trying to get good and seemingly having alleged consistent profitable traders on speed dial. At one point some guy is hawking ICOs to them and shit. It's just an absolute clusterfuck of an industry. There's a lot of other podcasts like this as well though for just about every market I've mentioned documenting really capable people throwing everything they have at the effort to play the game profitably and failing. I'm not even exaggerating when I say you'd be better off trying to become a professional poker player than a professional trader. The markets are that bad.

I liked your post so spill the beans.

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Hahahahaha what a thread to be in

If true, gvt should be used heavily

I haven’t gotten shit for likes so let me just dribble a tiny little bit of truthcum, read how best to leverage your position, kid. Heh

Scammers selling Forex courses available online for free

>Rent Range Rover
> Put your license plate on it
>Snap Instagram photo
>Try to sell courses
How many successful hedge fund traders do this, user?

Southampton's shit

email me @ [email protected] instead.

I like that I always see these Forex Memers getting some super fucking hot girl to shill their multi-level marketing scam.

Dumb hot girls love nothing more than making a quick buck. That's why theoretically, cryptocurrency should have a much wider spread appeal the next time we bullrun. I don't think roasties got too involved last time around.

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loicence*

They always show they so called wealth, but never show their strats, basic stuff like position sizing or macro trend analysis

You figure out the rest...

You mad colonizer?

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>Be 18-25
>read a little on forex or some shit
>pose as a trader by posting vague trading comments under generic success implying Instagram pics
>use refund money to travel to close cities and hike areas and stockpile "cool pics"
>post pics of computer with trade shit and 4 am club posters on the wall
>give thanks to shitty jobs that have made you the man you are now
>flat out say your income is 20x more than it used to be at you $12 hr job
>when people ask you for tips or advice give them grief and say that you don't feel qualified until you reach your first $2mil
>Refer them to other guys who are marketing themselves but not too big

>Play the long game and shill some Frankenstein trading course
or
>Cash out before you implode by networking and converting relationships into money or friends or sex

Brown men shall inherit the earth

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XD

Damn straight, you wanna talk heavy pussy azz white boy?

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>lil dubai

*an

Range rovers r trash

if they're selling anything to you, it's a guarantee that their real income comes entirely from their larping adventures of being a trader selling you "courses" about how to buy low and sell high.

Das rite

its impossible to make any real money trading forex without having a huge amount of capital to swing. even then its very high risk
>the avg fiat scam only lasts 200 years before its worthless