Trading Forex Markets explained - What is forex? - Day Trading - Options - Forex for beginners | Forex
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Forex explained for all you beginners and new traders. If you have been looking to start trading Forex or even binary options. I strongly encourage you watch this video. A lot of people think I just call Forex a scam and give it a broad blanket, but I don't necessarily feel that way as I explain here. Forex can be profitable and work for people, but those people are big corporations and governments. If you are falling for that forex lifestyle crap, you are getting hustled. To be a Forex trader on the secondary markets is a pipe dream. Yes it is a MARKET and money can be made in MARKETS, but please obtain the education and put the odds in your favor. Don't get hustled by basic technical analysis or forex signals that don't even scratch the surface on how deep/complex the forex markets are. If you are a forex trader, instead of talking crap in the comment section, how bout you come to me for help and I will even help you try to trade Forex, just understand the angle I am coming from. Why do you think I put these videos out? What can I possibly gain whether you trade Forex or not? Think about it. Please. I am here to help, and I use forex to profit in the stock market by using the information currency provides to set up options trading plays, that is part of my options trading strategy. I define my risk, I don't use technicals, only fundamental analysis and some momentum and boom. Crazy to think the forex markets can tell you about the stock market. Oh also thought this was a good time to post this video considering Reza Mohktarian AKA OceannSky AKA Mentortips just got charged with felony fraud. Thank you to all those who talked bad about me and made fake websites about me defending him, thank you, but I forgive you! Please SUBSCRIBE to the channel LIKE, SHARE, and COMMENT so I have questions to answers and things to talk about. If you think you can hang with the brothers and are qualified to be one of the 25 people we accept every quarter to join my 3-month mentoring program, where you are able to watch me trade stocks LIVE every second of the day, every day of the week and be able to ask me questions live while I trade, go to http://www.thetradingfraternity.com to request and application. The lazy an un-dedicated need not apply. If you haven't done so follow me on social media! Twitter: http://www.twitter.com/JoshAnswers instagram: http://www.instagram.com/TheTradingFraternity Facebook: http://www.facebook.com/TradingFraternity Sign up to be a TTF Citizen and get access to our private LIVE webinars 2x a week, private newsletter, and chatroom!: http://www.TTFCitizen.com Apply for mentorship: http://www.TheTradingFraternity.com The trading fraternity the trading fraternity review the trading fraternity scam TTFCITIZEN josh answers how to trade stocks how to trade options how to trade penny stocks penny stocks for beginners real estate how to become a real estate agent real estate agent real estate tips how to flip a house how to flip a home entrepreneur stock market forex wall street improve
Comments
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FXCM & Oanda are good forex brokers... I do well trading forex. I'm not a millionaire but I will be. I also trade options. I do agree on scammers in forex but all trading asset classes have scammers. Anything can be a scam. People just try to cut corners like dumbasses which is why they get scammed with shit "gurus" and shit "brokers". All those MLM trading things are shit as well. Everybody tries to complicate trading when it just going to go up or down. Look for buyers then buy on retracements; look for sellers sell on retracements. BOOM! I saved someone $40 on a book and hours reading it. You can also trade forex via options with futures contracts so there's always money to be made. All do respect bro. I see your point but don't let the fact that you are successful options trader deter others from other asset classes. I have mentors as well who trade all assets some only one but there are definitely millionaires who trade forex. I'm 24. I'm not a multi-millionaire yet but I will be before 26.
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JOSH LOOK AT LIT MARKETS!
Forex is small.....just compare futures exchanges......lit (sp on lit) markets show where the volume is. BUT FOREX IS 24 HOURS that alone makes it a wonderful market to learn on! Sorry cannot keep watching the clips, gotta go and rest. -
I understand your point and that's why I have a local broker here in the US NFA registered. Making a living, enjoying my time and no debts because of Forex. I do agree on these "gurus" who've hijacked this like Reza and have made a joke out of the industry but I avoided scam artists like Reza and have never looked back.
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do you trade options in your chatroom?
also how do you do it, is it like live audio and your screen sharing or you give alerts?
and do you actually build up watch lists and help with picks for beginners ? -
Whats a good broker to go with when trading options
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10 years fx trader ..
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I get your point, but there are Retail Forex Traders who are millionaires....
Just Saying......... -
I absolutely agree with you Josh. One of my relatives used to be a fund manager back in the 90s, got to talk to him about Forex and commodities. He trades his own money through several corporations on the inter bank market. He puts on a major trade on every 3-4 months.Overall, he tries to not trade the Forex market at all unless there is some major geopolitical event etc..Stuff he told me about the real Forex market (not retail) blew my mind. He told me to stick to real estate and stocks and to try to start my own company and not trade Forex unless you have a high net worth and are able to get to and trade on the inter bank level. Guys don't fall for all this MLM Forex Oceanspray, IML BS... use that money to buy some books on politics, geopolitics, banking and finance, investing books like Intelligent Investor, Richest Man in Babylon etc.. some of the best books I have read and educate yourselves. Thanks for the vid Josh! Will you do a video on Ecommerce soon? Thanks
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Ive been trading forex full time now for 8 years. Many people do it. The fuck are you talking about kid.....
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Nothing related to the vid but just started Intelligent Investor and thank God investopedia exists:)