Do not introduce Forex to people who do hard physical work to earn money

[PROPENSITY100]

Before suggesting Forex to anyone please estimate their risk bearing capacity. A person who makes physical hard work and earns money cannot easily risk it in a risky venture like Forex. Forex has a whopping 85 % losers and only 15% of the traders succeed in it.

Therefore we should start Forex only when we can dedicate time and efforts to learn it before starting making money in it. Unless we are prepared to face losses and have the capacity to lose we cannot enter this business.

 

[eddiej]

I don't agree with you propensity, most of the people who lose money are the one's who aren't well informed and don't have any idea on how to trade properly. Anyway, I also disagree that you shouldn't introduce forex to people who do hard physical work, I don't see how physical work impairs a person's ability to trade.

 

[Markllee30]

No Mate, I am not agree with your analysis report how can you say that 85% and 15% that’s wrong. Forex is best online business here everyone earn money online. Forex is high risk and high return business that’s true. In any market, profit and loss are two true and real factors, for forex trading enough knowledge and experiences are necessary.

 

[sindarin]

@TS: actually not 85% but 90% of traders are traders that loss their money in forex. 10% of them that only get so much money and decent earning from their activities, in fact someone can loss their money here so fast and more than we can imagine so i think it is better if we must be familiar with the risk first before want to gain better earning in forex.

 

[UMOFX IB]

It is not necessary that physical hard workers can not do mind work. They can use their mind in forex trading if they are interested in doing it. They can do it as part time . This market will support their hard work to earn money from financial market too.I introduced many people who are free having no job to do forex using their time. If physical worker will do forex the will feel better by using their abilities.

 

[rizal83]

it is true if we do not have to introduce forex trading with a hard worker who uses physical force, because the forex trade is a trade that requires a knowledge and usually people who work hard just by using physical force will not be able to last long in all processes to learn forex trading, because they will not have a high patience separately run all processes to acquire knowledge of forex, as they just want to earn a certain income in a short time

 

[riddick09]

It's like they are good in physical work but not mental work. Since, I don't believe that there will be a person who both have good on those aspects just like not having a perfect trader in Forex. And yet, it will be difficult because it's a different environment for them.

 

[Decub]

I don't think I agree with this. There is no law stating that those involved in physical work cannot do mental work. The type of job one finds himself tends to change the way he behave but does not elude him from his senses. I would rather say; do not introduce Forex to those who are mentally derailed.

 

[winuga]

people doing physical hard job maybe they do not have choice because so limited jobs opened for them, in my opinion they just do not know if there any business which can done with flexible time and place even without the need of spending any initial deposit to start, so there is no reason not to introduce forex to them

 

[Angelic]

Before suggesting Forex to anyone please estimate their risk bearing capacity. A person who makes physical hard work and earns money cannot easily risk it in a risky venture like Forex. Forex has a whopping 85 % losers and only 15% of the traders succeed in it.

Therefore we should start Forex only when we can dedicate time and efforts to learn it before starting making money in it. Unless we are prepared to face losses and have the capacity to lose we cannot enter this business.

Not generally with all persons some people who face hard labour just to earn on hearing that they can make more money that will save them from the hard labour. They would not mind investing all.
I have introduce a bricklayer to the trading platform he is learning currently and have bought a tablet for him self.

 

[Decub]

Before suggesting Forex to anyone please estimate their risk bearing capacity. A person who makes physical hard work and earns money cannot easily risk it in a risky venture like Forex. Forex has a whopping 85 % losers and only 15% of the traders succeed in it.

Therefore we should start Forex only when we can dedicate time and efforts to learn it before starting making money in it. Unless we are prepared to face losses and have the capacity to lose we cannot enter this business.

I think I agree with your first statement but frown over the subsequent one. Someone's risk bearing capacity determines how long he is able to stay in Forex but the type of work they do in terms of physical pressure has no relationship with his adaptation to Forex because many are known to easily adapt to sudden changes.

 

[Cutiekc]

I think I agree with your first statement but frown over the subsequent one. Someone's risk bearing capacity determines how long he is able to stay in Forex but the type of work they do in terms of physical pressure has no relationship with his adaptation to Forex because many are known to easily adapt to sudden changes.

Yeah thats true. Even it will be easier for those who are actually having a harden labour physical job to adapt faster because they will see forex as a business which does not require that muct strength which they are putting into the other job and therefore will need some changes. Unless you never told them in detials how forex trading operates.

 

[ryuken]

I sort of agree to this because some of the people can't afford to lose because they are feeding their family wiht the money. I am not sure if that is possible for them to earn money on consistent basis if we are going to be thinking that phsyical work is going to be stressful then how can they handle the forex stress. however only the people who can afford to lose money should be in forex.

 

[Angelic]

I sort of agree to this because some of the people can't afford to lose because they are feeding their family wiht the money. I am not sure if that is possible for them to earn money on consistent basis if we are going to be thinking that phsyical work is going to be stressful then how can they handle the forex stress. however only the people who can afford to lose money should be in forex.

Yes so many peole find it so hard to feed their families and with the little job they are doing with so much haedship at the end of the day you come and introduce forex trading to them! Thats sucide due to they can kill them self on losing what will feed them for weeks.

The best method will be spornsoring such person financially so that they do not trade with their own money.

 

[Decub]

I sort of agree to this because some of the people can't afford to lose because they are feeding their family wiht the money. I am not sure if that is possible for them to earn money on consistent basis if we are going to be thinking that phsyical work is going to be stressful then how can they handle the forex stress. however only the people who can afford to lose money should be in forex.

Well, I would say these are two different things (affording to lose money and doing physical labour) but if I understood the trade starter right, he is talking about the nature of the job (how hard it is) in relation to Forex. Forex trading has nothing to do with physique or to say that it's inversely proportional to physical strength. If the person posses the qualities and is mentally capable, then why not.

 

[naninov]

i think even the hard physical jobs person wants to change their life... it is true that they already hard earning only to feeding their family, so why not introduce them to trading forex, we can suggest them trading using free bonuses to start

 

[Angelic]

i think even the hard physical jobs person wants to change their life... it is true that they already hard earning only to feeding their family, so why not introduce them to trading forex, we can suggest them trading using free bonuses to start

I qouted this post due to it has the same thoughts like i do. A hard physically person will always wished he gets out of it, so introducing forex trading to them are nothing bad. The cruel thing their is intouducing them without telling the, how risky the business is.

 

[Decub]

[MENTION=7638]naninov[/MENTION], you are quite on point. No body is destined to be poor and I am yet to see a poor man that is happy with his poor life, at worst they want to be comfortable. So I wonder why he wouldn't welcome the idea of transiting from that poor state to a better life. However, it is wise enough to explain to him the rudiments in Forex and not the profitable part alone.

 

[naninov]

[MENTION=51947]Decub[/MENTION] and [MENTION=53902]Angelic[/MENTION]
yes it is our responsible to let them know about the risk of trading on forex market, that is why it is better to show them how to trade without risking own money to start as there many brokers offering the way of trading without risking money such as no deposit bonus and forum posting bonus, and teach them how to manage their trading using low risk level to gain profit from bonus

 

[Cutiekc]

[MENTION=7638]naninov[/MENTION], you are quite on point. No body is destined to be poor and I am yet to see a poor man that is happy with his poor life, at worst they want to be comfortable. So I wonder why he wouldn't welcome the idea of transiting from that poor state to a better life. However, it is wise enough to explain to him the rudiments in Forex and not the profitable part alone.

Lol thats true, but what constitute to being poor are so many. Perhaps the person is hard working but at the wrong place, time and business. Back to topic, there are no big deal on introducing people just make sure to tell them things in detials and have nothing to spear.