MONEY-FX / Are you in a rush to get rich?

**Posted by sam9630** 10/06/2013 12:42 am

When I joined foreign exchange industry I saw a lot of investors making huge benefit every week. I was very stunned at them. Looking at them I also had this thought of getting wealthy quickly. So for satisfying my desire to get wealthy, I didn't invest too plenty of your energy and effort in studying appropriate dealing and started arbitrarily to business in foreign exchange industry.
This had obviously led me to failures. Then to restore those failures I exchanged more and gradually missing more. Its only after spending 15 months I noticed that I can't do good dealing in this fashion. I need to take more period of time in studying, exercise the right way and only then I'll become a successful investor.

So I want to know your situation and also your tips to the beginner investors regarding this matter.

**Posted by Hasan87** 10/10/2013 11:15 am

No, I am not in hurry or in rush to be rich by trading in Forex. I know there is a great opportunity to earn a huge amount of money. But greediness is very harmful for Forex trading. Everybody should keep in mind that Forex is highly risky business. One should approach steadily to win in Forex.

**Posted by Bruce Reid** 4/22/2015 5:20 pm

I am in rush to get rich but not at the cost of losing what I already have and it’s silly if someone things it’s sensible to risk whatever he has just in order to gain something more. It might be interesting to consider risk/reward ratio but still we need to look at our present situation and only then decide. I don’t need to take any major decisions thanks to joining OctaFX broker; it is a beautiful company with offers such as low spread of 0.2 pips and over 50 currency pairs to trade with.

**Posted by Chris Adams** 4/25/2015 7:49 pm

No, I am in no hurry to get rich because I know it’s not possible overnight, but I do wish to get rich in a slow and steady approach, so that saves me from any unnecessary trades and make me much more discipline. I have no doubt that if I continue to trade the way I am at the moment with Nova FX, it’s not far from becoming rich and they also support me completely with their 111% deposit bonus which can be used in whatever way we want to.

**Posted by Kepler Wessels** 6/23/2015 9:05 am

It’s obviously great if we are able to reach to profits quickly, but it’s common that we won’t be able to get to profits that way. It’s a worldwide involved market and there are millions of traders working, so to be above them we need to do much more than them, I am enjoying my stay with OctaFX broker as they have got great swap free account, it’s really handy to help me with long term trading since I am easily able to do trades going overnight without any restrictions.

**Posted by Karisen Tayler** 12/11/2016 10:08 pm

Everyone wants to be rich quickly, but the reality is different. This is why we need to make sure we don’t do anything silly and keep up with good strategy, as that’s the only way and the best way we will perform well. I always keep things relatively straight forward and it’s helped by OctaFX broker with the conditions available having lowest possible spreads from 0.1 pips for all major pairs while there is also rebate scheme that further helps.

**Posted by CinnaWeic** 12/18/2016 3:36 pm

Think the tax in on those that inherit, but as with all tax issues; there are always ways around it; if you can afford a good accountant So abolish all taxes for the rich and save them the bother ?

**Posted by Bruce Reid** 1/04/2017 6:19 pm

We should wish to get successful as quickly as possible, but wishing to get rich is not right concept, as that is something which can take us away from the real goal and that is to work with proper plans. We should always have solid plans, as only through that we can work our way to the top and achieve greater results. I do it all easily with OctaFX and with their mighty offering with low spreads at 0.1 pips for all major pairs to high leverage and even huge deposit bonus!

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​Are you in a rush to get rich?

Are you in a rush to get rich?