A man has revealed the damage done to his landlord whom he introduced to the business called Forex Trading.
According to Investopedia, Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or tourism.
This was the business @koena_mashala introduced his landlord to that made the man become someone like him.
“I introduced my Landlord to FOREX in October and as we speak, we are both looking for a place to rent!,” he tweeted.
Below are some reactions to the tweet.
@adethegreatman wrote: “I lost exactly 317k on that Fx. It’s not easy as people colour it. Most people making money from it is 70% from their training. Be wise and learn it well before you go into it to avoid the story that touch. Good luck.”
@patiencenwaogwu wrote: “If you learn from a good academy and you’re been mentored and follow the guiding rules you wont loss money. We are taught forex is not for the greedy and inpatient people.use the right lot size,know max trade to take according to your acct size and monitor your free margin.”
@iamseunalo wrote: “Some folks start FX with as little as 100$, that’s not right at all. U need enough capital so U can have sufficient margin to stay in trade if markets goes against you as some point.. To make good money in FX, start with a minimum of 1k and get a broker with a tight spread.”
@Theoblaze16 wrote: “If a man will discipline himself to go medical school to 6-8yrs to qualify to be a doctor, so why do you think you can just jump into forex trading and start making money just like that. Forex trading without forex education, is the real gamble.”
I introduced my Landlord to FOREX in October and as we speak, we are both looking for a place to rent!??
— Authi ye Shap blin’???? (@Koena_Mashala) December 4, 2020