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Do You Know Any Millionaire or Multimillionaire Forex Traders?

  • #241
  • Oct 18, 2015 7:04pm Oct 18, 2015 7:04pm
Quoting fx75
............. https://www.youtube.com/watch?v=lSKT6o3gpo0 https://www.youtube.com/watch?v=RsHCaZHghUo

In the first video - Part 1 (the 18 mn video) - his wife has negative body language and less than enthusiastic responses to the interviewer's questions. It tells me she is probably beaten down by his forex obsession and wishes they had a normal family life.
"Trading is a mental sport." - Ziad Masri
  • #242
  • Edited 7:45pm Oct 18, 2015 7:30pm | Edited 7:45pm
Quoting Quickdraw
{quote} In the first video - Part 1 (the 18 mn video) - his wife has negative body language and less than enthusiastic responses to the interviewer's questions. It tells me she is probably beaten down by his forex obsession and wishes they had a normal family life.
Haha yeah definitely. For sure Jeff beats her up when no one is around.
  • #243
  • Oct 18, 2015 10:29pm Oct 18, 2015 10:29pm
Someone to follow on facebook, shes makes anywhere from 100k to 800k in 30 mins lmao


https://www.facebook.com/profile.php...f=ts&ref=br_tf
Attached Image (click to enlarge)
Click to Enlarge Name: money.png Size: 1.2 MB
Learn, a forex trader must, unlearn and relearn he will.
  • #244
  • Oct 19, 2015 12:03am Oct 19, 2015 12:03am
Quoting Dimi.A
{quote} Haha yeah definitely. For sure Jeff beats her up when no one is around.
LOL. The words "beaten down" is a phrase, and it means I think she is probably being driven crazy by his forex obsession. I got the idea in the video that he was spending almost all his time obsessing about forex and I sensed from her her actions and the way she spoke in the video that she was tired of his forex work and would rather he spend more time with her and their kids. ( But I am sure you probably knew what I meant in my previous post. lol. )
"Trading is a mental sport." - Ziad Masri
  • #245
  • Oct 19, 2015 3:41am Oct 19, 2015 3:41am
Quoting Quickdraw
{quote} LOL. The words "beaten down" is a phrase, and it means I think she is probably being driven crazy by his forex obsession. I got the idea in the video that he was spending almost all his time obsessing about forex and I sensed from her her actions and the way she spoke in the video that she was tired of his forex work and would rather he spend more time with her and their kids. ( But I am sure you probably knew what I meant in my previous post. lol. )
Haha yeah I know what you mean. But as I was saying, by the looks of the bloke I reckon old Jeff sorts out Courtney when she gets out of line
  • #246
  • Oct 23, 2015 4:15am Oct 23, 2015 4:15am
I know a scalper, makes around 100-200 pips a month, has drawdowns of say 35 pips max, which allows him to trade with as much as 200 leverage . Started trading in 2012. Only took him just over a year to go from mini lots to $200 a point. I'm the one who introduced him to the Ninjatrader platform. Which proves you don't necessarily need years of experience to become a professional trader.

Millionaire definitely.
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 20.3%
  • #247
  • Oct 23, 2015 4:25am Oct 23, 2015 4:25am
whats cooking phil.. old rainbow buddy!
Quoting Phil_GMT
I know a scalper, makes around 100-200 pips a month, has drawdowns of say 35 pips max, which allows him to trade with as much as 200 leverage . Started trading in 2012. Only took him just over a year to go from mini lots to $200 a point. I'm the one who introduced him to the Ninjatrader platform. Which proves you don't necessarily need years of experience to become a professional trader. Millionaire definitely.
  • #248
  • Oct 23, 2015 7:06am Oct 23, 2015 7:06am
Quoting FlashCall
whats cooking phil.. old rainbow buddy! {quote}
making that daily bread like i was destined to.
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 20.3%
  • #249
  • Oct 23, 2015 7:10am Oct 23, 2015 7:10am
Quoting Phil_GMT
{quote} making that daily bread like i was destined to.
very nice!!!
  • #250
  • Oct 23, 2015 9:22am Oct 23, 2015 9:22am
Quoting praviiii
there are couple of japanese house wife who make regularly around 12000 usd per month and aslo one lady called with Mrs.Watanabe..she made millions in forex
DEFINITION OF 'MRS. WATANABE'
The archetypical Japanese housewife, who seeks the best use of her familys savings. Though historically risk-averse, Mrs. Watanabe became a surprisingly big player in currency trading during the past decade in order to combat low interest rates in Japan. See also Japanese Housewives. http://www.investopedia.com/terms/m/mrs-watanabe.asp
  • #251
  • Oct 23, 2015 9:29am Oct 23, 2015 9:29am
I have met an institutional FX trader/ hedge fund manager with a quantitative approach - Buy side.
  • #252
  • Oct 26, 2015 3:01am Oct 26, 2015 3:01am
I do not know any millionaire , billionaire or multi millionaire, I do trading alone without any mentor. I just read success stories of people. I met one or two good traders. They are not much professionals. To be a millionaire in forex is a very difficult it need a lot of time passion and experience to gain this top of business.
  • #253
  • Oct 26, 2015 5:54am Oct 26, 2015 5:54am
Unfortunately I don't know any millionaire in person who trades forex. But they exist, everyone knows that.
  • #254
  • Oct 26, 2015 5:56am Oct 26, 2015 5:56am
Focus on your own path, forget about other millionnaires....be the millionnaire!

Knowing some won't make you one
COT: The precious data ignored
  • #255
  • Oct 26, 2015 6:25am Oct 26, 2015 6:25am
Quoting kuroro001
Focus on your own path, forget about other millionnaires....be the millionnaire! Knowing some won't make you one
One beautiful day...
  • #256
  • Oct 26, 2015 8:52am Oct 26, 2015 8:52am
I do know a Forex millionaire. He's German and his name is Uli Hoeness
Be water, my friend
  • #257
  • Oct 28, 2015 3:20pm Oct 28, 2015 3:20pm
Quoting spocktrader
I do know a Forex millionaire. He's German and his name is Uli Hoeness
didnt he lose it again at the end? (so before he was sent to jail)
Pecunia non olet
  • #258
  • Oct 29, 2015 6:25am Oct 29, 2015 6:25am
Quoting spocktrader
I do know a Forex millionaire. He's German and his name is Uli Hoeness
Thank you for mention his name. I've never heard about him before...

I read about him from this article:

http://www.lt-forex.de/research/fx_r...en.php?id=7081

He was doing very well until he lost a bunch of money...

Lack of money management was the main key that led him to such great losses...
  • #259
  • Oct 29, 2015 7:02am Oct 29, 2015 7:02am
Quoting mrjinks
{quote} Thank you for mention his name. I've never heard about him before... I read about him from this article: http://www.lt-forex.de/research/fx_r...en.php?id=7081 He was doing very well until he lost a bunch of money... Lack of money management was the main key that led him to such great losses...
Big or small it always end the same way.
Consistency is impossible.
  • #260
  • Oct 29, 2015 1:19pm Oct 29, 2015 1:19pm
Quoting mrjinks
{quote} Thank you for mention his name. I've never heard about him before... I read about him from this article: http://www.lt-forex.de/research/fx_r...en.php?id=7081 He was doing very well until he lost a bunch of money... Lack of money management was the main key that led him to such great losses...
Hoeness probably was far from being a trader in the first place. No trading style is known, nobody knows how he could make that much money so fast. Forex experts doubt it's possible. As for the losses nobody even knows they existed. For those who read German 2 more links:
http://www.bernerzeitung.ch/wirtscha...story/28433153
http://www.bernerzeitung.ch/wirtscha...story/20724092
(the election of the newspaper is casual as I'm not Swiss)

All in all, many questions remain open. Why the self-accusation? Why the "confession" that he was a ludopath? Where did the money go? Are there any broker extracts?, not that I know of.

In the end I think that rather than a trader Hoeness was the hidden cash point of FC Bayern Munich. But that's only my personal opinion
Be water, my friend
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