11/05/2020
The top ten questions people get to ask me about forex .
1️⃣ What is forex?
➡️It’s a short form of foreign exchange, it’s the largest financial market in the world. It simply means buying and selling of foreign currencies.
2️⃣ Who trades forex?
➡️Commercial banks, central banks, investment managers, hedge funds and individual investors.
3️⃣ Is forex legal?
➡️Yes it is. Forex is 100% legal all around the world! it’s been around for decades.
4️⃣ Why haven’t I heard about forex?
➡️Do you converse with investors and wealthy people on a daily basis? Most of us talk to our coworkers and people in our “income” zone. To learn to be wealthy , I learn from wealthy people. Bill Lipschutz, Warren Buffett, George Soros, abd a plethora of others in the world’s richest lineup are very proficient forex traders.
5️⃣ How fi forex traders make money?
➡️When a currency increases in value, we buy it against other currencies. Likewise, when a currency decreases in value, we sell.
6️⃣ Do forex traders keep all of their profits?
➡️Yes! And you can withdraw your money as soon as you make it. A wire transfer, or debit card withdrawal would be made to your bank account.
7️⃣ when the market crashes do you lose money?
➡️NO!! We SELL, SELL, SELL. Forex is one of the few markets that we make a lot of money in a market crash.
8️⃣ Do I need lot of money in my bank account to invest forex ?
➡️No! Some brokers let you start trading with ad little as $10.
9️⃣ How do I learn?
➡️As with any skill set, get an education and network with experienced and profitable traders. My company is an education platform with training videos and weekly live trading sessions so you can communicate, in real time with expert traders and educators who have made 6-7 figures in dollars.
1️⃣0️⃣ Do I need a college degree, background check or experience?
➡️NO, The market does not discriminate! You can trade regardless of your criminal record, education, background or experience.
My only question for you now is why aren’t you trading??!
