Truth About Forex Millionaires

Truth About Forex Millionaires

Many people on the internet these days are looking for search forex millionaires . Other people just think it is not possible to make millions forex trading market . So where is the truth?

The truth is that there are real forex millionaires in the world. Just an example for all: George Soros. He made ​​millions , but billions in forex back on the market in 1992. Here is his story :

His career began since the Quantum Fund in 1969 in Curacao . During the period of its existence, Quantum Fund has conducted a large number of speculative operations profitable Forex currency market.

 Just one example : on the spot market only in 1996 , the Quantum Fund has received income equal to the annual income of McDonald's Corporation . But most make much money from George Soros is considered currency speculation against the pound in 1992 , which , in the month recorded a profit of $ 2 billion . Thank you for this great success and the facts by which it was caused by George Soros soon had the reputation of " the man who broke the Bank of England . "

But there are also ordinary people these days who can make millions in the Forex market .

The good news is that you can even become one of them. But it takes a little time . Yes , there are winners forex who turned 10 thousand people in 100 thousands or millions in a month or two, but it has nothing to do with the real forex trading . They are lucky , overtrading their demo account all the risk capital in a trade and so on. If they continue like this, they would blow their account very soon. Another question: would they negotiate like that with real money or they own money ? I do not think so.

There are no shortcuts , there is no Holy Grail , there are no indicators of magic for you millionaire in a speed of light do, but if you use a good strategy , a large money management , discipline, the power of compounding and patience , you can transform even a very small amount of money ( as a few hundred ) to a million or more within 10 years. Or even earlier if you have a higher initial capital .

You do not even need to know how to trade forex market yourself. There is a simple way for you . You can simply copy the trades of automotive experienced forex traders. Their trades can automatically copy your brokerage account and you will just sit and watch your account grow.