Fake Forex Millionaires EXPOSED: The Reality of Making Money in Forex...

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[TraderNick]

Hey traders! Again, the goal with this video is not to say you can't make it as a trader. I believe anyone who is dedicated can! The point is to treat this like a business, go for what is realistic and steady, and play the long game (because that's where the real gains are!). I spend a lot of time working with members who have lost a ton of money chasing the dreams sold on social media, and I want to do my part to stop the fake hype. You guys are awesome, thanks for your support, and best of luck with your trading :)

[TheTradersPlaybook]

10% over a year!! Bro you haven’t broken down the compound effect.

[russmilosavich]

You can take bigger risk with a small account than a bigger one. I mean it's easier to double $100 than $1, 000, 000.
Once you have more, you can stick it in an S&P index fund and average close to 10% per year. On a $1, 000, 000 account that is $100, 000 .

[nubiamorton]

Bruh 10k to 14k over a whole year? A good trader can do that in a week, easy.

[alaminm]

This guy said he turned 2k to 1 million in 7 months. I laughed in his face

[marcelomolina]

Why even trade forex with 10% return a year its ridiculous, by the time of 60 years old you’d barely have half a million dollars after 40 years trading. Better work a 9-5 it would probably make you more money 🤷🏽‍♂️

[dave]

Less than 20k in 11 years on a 10k account? That’s not even worth the time to be honest. With small leverage and good money management, I average 2-4% per day. You should be able to hit 30k with a 10k account in well under a year.

[gregcollins]

Am a beginner and a high Risk Taker, NO emotions whatsoever. Only a week in the game and up with 20% profits, a 2k account, with 0.1 lot size, NO Stop Loss. Closing trades myself after some profits... Should I be scared? Am hedging, trying to profit from both sides.

[uwaisalqarnimohdisa]

Agree with you. Consistency is very hard in trade..you can gain 40% a week..the next week..you loss 60% .. a year? 30 -50% just great to have.

[danielecolombo]

Bro, I do forex and I'm not a guro or something. For a speculator 10% a year is ridicolous, you can make this money almost with one singol trade. Other than the goros, making money on the market is 100% possible. The only things that nobody understand is that it takes a lots of time. I've studied years to become profittable.
Everyone dive into trading and expect to make money quick. They won't but that doesn't mean that's impossible.... Someone make millions on the market and I wish to became one of them in the future, and I garantie you is totally possible. Other one spend their time making videos that proves they have non idea what they are talking about, like this one...

[joseoliva]

I totally agree with you nick. 40% might be small to most of the traders but it's not how much you will gain, it's the skills, discipline, trading psychology, and experience that will bring you to success.

[IsaacAgornyo]

They are the main reason why 90% 0f beginner traders lose 90% of their capital in 90 days because the beginner traders think that they can make a lot of money and become rich within a short period of time, without thinking about what is really trading!!! If you are beginning or you are not finding your way out, I will advice you to take your time and learn the right processes and procedures of fx trading and don't think about how much you can make, think about the percentage growth in terms of your account size!

[ozotto]

With 10k, you can make 6-7figures with compounding in months to a year....

[johanneskalipi]

Traders follow very different risk management procedures, rather say its possible but not advisable than try to use your approach to trading as the only right way.

[rickywilliams]

40% per year??? Bro that's 3 percent a month. That's not realistic to me because I think you could make a 40 in a month

[aneurydperez]

I was gullible in the beginning but anymore. Thanks nick!

[cindyanggraini]

"In the land of the blind..the one eyed man is king"..😁

[nickgrey]

I watched FX Lifestyle's vids and every time I I sneezed fousands, fousands & fousands. I bought fake watch's like him and made fousands & fousands. Like him, I hired an airbnb and made fousands & fousands. I started talking bullshit to people & made fousands & fousands, I was walking around London talking dollars & made fousands

[frankietu]

I belive both sides of the story are valid. It is about what you are willing to risk, bigger the risk bigger the reward. If you want to make 100% a year, you better be ready to lose everything within a year. If u are only willing to tisk 2% per trade you cant expect to make 50% per trade.

[freshpips]

Anything is possible in the markets. Some people have the capability to make 10% in a year while others can easily make 400% in a years. It all boils down to skill and experience.