as a great opportunity to earn some income. However, although trading is protected, the challenge remains that forex trader training is still unregulated - and this is where some scammers make the most money. A reader who wrote to City Press had invested a lot of money with a forex trading company that later disappeared. And they just want better for themselves and their families, just like.
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Trade money as you would any other investment." Rosenthal blames false advertising for creating unrealistic expectations and misleading people. Read: Inside A Forex Trading Seminar Where Big Promises Are Made. Real Trader 's Chrizette Rossouw. A suited-up trainer with his polished English began with these set of questions: "Who wants to make serious money in this room?" "What are you financially sick and tired of?" "Are you tired of getting paid only 12 times in 365 days?" "Do you want. There is also the lure of not being bogged down by a 9 to 5 job, but instead the flexibility to determine your own working hours while earning much better than a regular job could offer. Mantsoe (27) claimed to be a highly successful forex trader through his company, Trillion Dollar Legacy. The biggest misconception: a get-rich-quick scheme. Percy Ngwenya, from the North West, blames losses he has made as a forex trader on greed. Financial Advisory and Intermediary Services Act. That's where all the graphs come in, or rather price charts with moving averages I later learnt. They even stunt on their exes. A view she still strongly holds.
Johannesburg-based forex trader, Siphiwe Magudulela, paid R35,000 to attend a trading seminar and has been trading full-time since. Forex trading is legit, only there are too many scammers masquerading as genuine traders. "These people are overpromising because quick returns are largely not possible." "What they don't tell you is that all beginner traders have a 95 percent chance of failing warns.
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