it depends. if you keep compunding, and never take money out, obviously u're gonna make money quicker. except no-one really does this. people need to live and eat etc...
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DislikedDoh! So do I does that mean I have to stand in line now with my mouth openIgnored
DislikedOne question you should be asking yourself is; "is it possible for anyone to succeed in Forex?". Answer: If there were no successful traders, forex would have been long dead.Ignored
DislikedI disagree. Casinos do exist but no one can be successful by playing constantly in them. They just exist for the excitement they have to offer, it's not a question of gains or losses, success or failure.Ignored
DislikedInteresting. So what you’re saying is that if you know how to make money doing one thing, there is no reason to do anything else.
Do you think Jack Welch needed the money when he wrote "Strait from the Gut?" How about Bill Gross when he wrote "Bill Gross on Investing", or George Soros with "The Alchemy of Finance"?
There are many reasons to write a book, and few of them are financial.
[color=black][font=Verdana]1)...Ignored
DislikedI think there are still a few professional gamblers with winning gambling systems around but like forex the majority pay for the minority.
Why do losers keep returning? Either they enjoy the entertainment/excitement, or more likely they live in hope that this time they'll make it! Who knows, maybe they will!Ignored
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Being rich comes down to what your spend your money on. If you spend it on crap, no matter how much you earn you'll never be wealthy.Ignored
DislikedA man stands for a long time with his mouth open before a roast duck flies in.Ignored
DislikedAltruism doesn't exist, people ALWAYS do the things to gain something, but there is something that we ALL want: power, and this is the only reason that writers of books have: they want to be famous and get power by their influence. The same reason leads people to want more money: to have more power, power to satisfy their desires, power to impose their points of views, etc.Ignored
DislikedIf you can find a method that always wins consistently, yes, you will be rich in few years, because compound interest, for example, if you find a method that gives you a 1% per day always consistently, you can turn 1,000 into 1,000,000...Ignored
QuoteDislikedI say things like this because rookies must know that this is no a primrose path, to live off forex is the hardest work in the world IMHO, when you begin in forex you have 99% of chances of lose. It's better to know this truth before start than after blowing an account.
Dislikedi want to be rich..
can some1 point me to the right direction?
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DislikedYes darkstar, in theory I agree. you pay half the spread twice. But yet, we really do not know if cutting the spread in the middle is the correct price and what games the banks and mm's are playing behind the scenes. And when I talk about million dollar secrets I am not selling anything so it shouldnt be taken the wrong way. I just know my trading mentors have paid that much and more for their knowledge. By the way, how does one get to be a full member here?Ignored
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Learning is the right direction.
u can start by reading threads here in FF.
workshops are UNnecessary.Ignored