6 Forex Millionaires You Never Heard Of
Forex trading has been recognized as one of the fastest ways to accumulate financial wealth in a short period of time. The profits generations potential the forex market offers is virtually unlimited.
Forex traders can make thousands of dollars overnight every time they are able to anticipate the future exchange rate moving direction accurately, or just by understanding the impact of any economic release, and a monetary policy change would have on a currency valuation.
The number of common people and unqualified workers that have learned to trade and gone from rags to riches, is increasing every year. With that being said, Forex traders fail, still. Forex is not a get rich quick scheme.
Below you will find our list of 6 Forex millionaires you probably never heard of.
His precarious living conditions force him to sell muffins and used clothes on the street when he was 12 Years old.
Facing severe economic hardships during his childhood and teenage years, he was goal-oriented and determined to overcome the extreme poverty that surrounded him.
At the age of 24, he has a net worth of more than 2.3 Million of USD.
This young forex trader has been able to obtain all his money from the Forex market investments without any formal financial or economic background.
He learned to trade by reading articles from Zandile Zugu a prominent South Africa media and mining mogul and attending seminars from George Van der Riet.
Nowadays, Sandile Shezi wants to share his trading knowledge and forex investment strategy with the South Africans, for this reason, he created the Global Forex Institute (GFI) that is a forex training institution where he offers first-hand training programs to anybody who is interested in becoming a professional forex trader and a new millionaire.
His Fx strategy – Is called Global Forex
His advice for new traders – Learn as much as you can, and imitate what successful traders are doing, luck has nothing to do with investing.
He did not have any formal financial or economic education. However, he had managed to be part of the 10% of successful forex traders that made money consistently from his investment.
He reported that he got his investment strategy initially from the fundamental analyses of the financial and economic information printed on the UK newspapers.
He claimed to make more than 10 million USD from forex trading.
Nowadays, he is an active trader, financial advisor, and trading teacher. He developed a trading strategy called the Hunt Volatility Funnel, which is based on the art of trading a breakout or trading when there is a high probability of a breakout in the exchange rate chart patterns to get the highest possible profits in the shortest period.
His Fx strategy – is called The Hunt Volatility Funnel
His advice for new traders – learn to read charts and understand the breakout signals.
After receiving $12,415 USD from his Bar Mitzvá, he managed to turn that cash into 4,748,000 USD over a 7 year period.
His net worth is calculated around 20 million USD in 2018.
He invested in the forex market and was able to design a successful investing strategy, which has been proven correct over the past 15 years.
Nowadays, hes still trading forex and in the penny stocks market. Additionally, he developed a training course for new traders called the Penny Stocking Silver and Tim’s Millionaire Challenge where he claims that any of his students can make 1 million USD in a couple of months.
His Fx strategy – Called Penny Stocking
His advice for new traders – Learn about the market and only follow signals from proven successful traders.
She started forex trading at her early 20s and at 36 she partially retired from her job to devote more time to the Fx market.
At 30 she claimed she made her first million from Fx investment revenue, afterward, she has made several millions more, she reported: “She is financially free now and self-sufficient for her family till her deathbed”.
After becoming a renowned successful Fx trader she was invited by several brokerage firms, banks and the Singapore Security exchange to deliver speeches and share her investing strategy on how to get more than 10,000 pips.
For the last 5 years, she created three different trading schools. The alien room, in which she shares her personal thoughts and advice, the Online forexmaster that teaches the FX trading basics, and Terraseeds live seminars.
Her Fx strategy – Called ForexMaster and Terraseeds.
Her advice for new traders – Discipline is the key to forex success and education is the way that leads to it.
He was a low-grade student without any special skills, or good attitude. He was failing in college, for this reason, he decided to drop out.
At the age of 24 he was a complete mess, he had more than 3 jobs to pay the bills, and he never could make ends meet. At 25, he was hired as a personal helper.
The job included daily meals and a room for him. After working there for two months, he opened his first forex trading account with just 500 USD. He saved as much as he could to increase his invested funds.
At 28, he made his first million USD from his Fx profits, in the next 6 months, he doubled it.
Today, he has more than 1.7 million USD in his forex portfolio. He offers seminars and trading courses around the year.
His fx strategy – Technical Analyses and Signals
His advice for new traders – Devote all your free time to learn how to trade and to start trading ASAP, invest as much as you can afford.
Erik Finman was born in 1999, in Idaho USA.
When he was 12 years old, he was home schooled. Being home schooled one of his teachers actually told him “his only future was to work at McDonald’s”.
Back In May of 2011 his grandmother gifted him $1000 USD , which he invested it all in bitcoins.
At the time bitcoin was valued at $12 per coin.
Fidman Sold his First bitcoin investment in 2013 when they were valued at $1200 a piece, making him a profit of $100,000.
In 2014 Finman Launched an online education company called Botangle – where students just like him could find teachers over video chat.
In January 2015, finman eventually sold his online business for 300 bitcoin. At the time bitcoins were worth about $200 a coin.
Today Finman owns 401 bitcoin Which has a current market value of more than 4 million USD.
His forex portfolio includes other cryptocurrencies too. He considers the trading of cryptocurrencies as the best opportunity to wealth generation in human history.
He is an active Fx cryptocurrencies trader. Today He is responsible for investing his family’s money in the cryptocurrency market. He won’t go to college since he considers it a waste of time and money.
Additionally, his parent told him that if he was a millionaire by 18, they won’t force him to attend any college. I Guess he won’t be going to college anytime soon!
His fx strategy – Fundamental Analyses for Cryptocurrencies Trading
His advice for new traders – to Invest in cryptocurrencies, learn as much as you can about your portfolio selection.
How to become a Forex millionaire?… The most successful Fx traders have several habits in common. They are disciplined, ambitious and hard workers. They use any free time to educate themselves about the market.
They put great effort in learning to recognize price patterns and hundreds of market signals. They also research the fundamental information for each of the assets or currencies in their portfolio.
None of them believed that luck takes part in their success story. They all believed in what they were doing.
What is your strategy to become a Millionaire in Forex Trading?
If You Enjoyed this article, please Give It a Share