Here’ why you’ll never make money in Forex. It’s all because of the Forex cycle of doom. Many aspiring traders who are trying to make money in Forex don’t know they’re falling victim to it.
The Forex cycle of doom is all about how you find a strategy, trade it, experience some losses, dump it and then find it a new strategy.
It’s the main reason why you’ll never make money in Forex.
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Lets talk about Robert Kiyosaki, and why you’re likely seeing so many of his Rich Dad Poor Dad videos showing up lately – Enjoy! Add me on Instagram: GPStephan
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Rich Dad Poor Dad was an absolutely transformative book when I read it in my freshman year of high school, if even for the only purpose of distinguishing an asset from a liability. The fact that he was able to articulate such a complex topic in a way that children and young adults would be able to comprehend and internalize, was VERY impressive – and for that, I’m grateful.
And when he says our school system has failed our entire generation – I think he’s RIGHT! Not only is the cost of education way too expensive, but schools don’t teach financial education, they don’t teach you how to save on your taxes, they don’t teach you to think objectively and find your own answers…if anything, I believe schools are too structured, to a fault.
By keeping your focus within such a narrow confine, and by guiding you throughout the memorization of useless test answers, they teach you to follow someone else’s instruction rather than make your own independent decisions. So it’s no wonder why we have people who can’t operate without being told what to do, when to do it, and how to get it done. Hence, they train people to become “employees.”
But despite that, for anyone who’s suddenly started seeing his videos come out from the YouTube algorithm – it seems, to me, like a push towards his book promotion.
Which, I’ll admit – is an effective way to market, so I can’t blame him for doing what works. But overall, from all of this, my thoughts on Robert Kiyosaki haven’t changed…I think he’s got some GREAT general principles and life advice that’s perfect for someone who just needs a kick in the pants to change their mindset, and get them THINKING about entrepreneurship. But beyond the simple basics…I just don’t see it. I’d like to see some more practical, step by step, actionable advice rather than vaguely broad concepts – and I suppose that’s where the disconnect stems from.
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness@gmail.com
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Check this comment later if you think our targets are bullshit.
GBPJPY is dropping to 135.702 and will turn there to head back up. See you in a few months.
Enjoy making me one us for free right here from comment section.
The reason I never made money in forex when I started was because I did not know anything about the different forex account types and how they work, and the broker's dealing desk where they trade against their clients. So I was just making deposits for standard account type, instead of ECN account type and kept loosing my money to the broker's fraudulent dealing desk. And whenever I am about to win a trade, the market goes drastically to the opposite direction of my trade and I will lose. So I had to do a critical research, through which I learnt about all the different types of forex trading accounts and how they work. The most reason people lose money in forex is the type of forex account type into which they make deposits and trade on.
Great video. I hope this inspires beginners too. I lost a lot of money trying different strategies that I see online. I would recommend beginners to start their investment journey with an expert.
Thanks for making this video that I finally understand the options trading. options trading has really transform a lot of people, making money make me live a luxury life and give my family the best
I am just happy I have found a way to start earning. Started with $2k and got $5k in return. That's enough for me but I owe it YouTube videos.
To those who would allow the market dynamism to determine when to trade or not are either new in space in general or probably just naive, the sphere have seen far worse times than this , enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions, I'd say that more emphasis should be put into trading since it is way profitable than holding. Trading went smooth for me as i was able to raise over 9.2 BTC when i started at 1.5 BTC in just a few weeks implementing trades with signals and insights from Elias Greyson cooper fx , i would advise y'all to trade your asset rather than hold for a future you aren't sure about or hold it and risk loosing all
Thanks for making this video that I finally understand the options trading. options trading has really transform a lot of people, making money make me live a luxury life and give my family the best
You spoke the truth,the whole truth and nothing but the truth.
Cycle of doom for traders = "Cycle of Bloom" for brokers. Looks like it's more profitable to be a broker than to be a trader.
You have way too many screens in there.
I thank you and I will forever appreciate this channel , you ve helped me and my family alot in your videos,advice,lesson and funny words are inspirational and helpful .my family and i have been able to minimal,conscious in spending,saving and investing wisely,I now earn every week you're sure a blessing to this generation,we all love you
Thanks for this it has being nice watching this
Thanks
Your act of kindness and your service show how big of a heart you have for others. thanks
for the 100k USDT you such amazing
Your act of kindness and your service show how big of a heart you have for others. thanks
for the 100k USDT you such amazing
⬆️⬆️Thanks once again 🔝🔝 for putting a smile in my face again …
⬆️⬆️Thanks once again 🔝🔝 for putting a smile in my face again …
⬆️⬆️Thanks once again 🔝🔝 for putting a smile in my face again …
STARTING EARLY IS THE BEST WAY OF GETTING AHEAD TO BUILD WEALTH, AND INVESTING REMAIN A PRIORITY. THE STOCK MARKET HAS PLENTY OF OPPORTUNITY TO EARN A DECENT PAYOUTS, WITH THE RIGHT SKILLS AND A PROPER UNDERSTANDING OF HOW THE MARKET WORKS.
Robert himself told him that he is not the author of best written book but he is a author of best selling book.
Someone told me that it's the best time to buy because there will be a huge pump soon
Your a smart dude. You know you have been following Robert Kiyosaki long before he ever got big on YouTube. lol . Kiyosaki couldnt be more right. The system teaches people how to "get a job" and become an "employee". My high school never taught us how to buy appreciating assets. The school system is basically teaching kids how to become slaves to the government
I realized that the secret to making a million is making better investment . I always tell myself you don't need that new Car or that vacation just yet and that mindset helps me make more money invest : ng . For example last year I invested 70k in blue chip stocks and crypt0 s ( with the help of my advisor of course ) and made about 380k , but guess what ? I put it back and traded with her again and now I'm rounding up close to a million . Delayed gratification always pays off
These “crazy headlines” were not created by Robert, these are all just kids that want views, so they make some amazing headline and put some clips in it with respected people, plz don’t judge Robert and his way of teaching, by the random people that put clips together and name the video with click bait! Thank you 🙏
Without an Accounting teacher, there would be no accountants 🧐
Whatever you say, He really did changed my life. He taught me what my parents NEVER taught me. He changed my perspective about life.
I love how he lowkey tells on himself while exposing these other clickbait YouTube videos 😂. To be fair though, Graham does have some nutritional content in mix in with the empty calories.
Graham, this didn't age very well – he's been right about EVERYTHING. UPDATE THIS.
I remembered reading his book RICK DAD POOR DAD some years ago and that book opened my eyes. I love his teaching. However, he doesn't believe in the Stock Market at all….but I will still try out Stocks lol. Btw, his Cashflow game, shows you exactly what to do, in order to become wealthy.
The only thing I liked from him and will take, is the mindset. He really nailed explaining how to think properly and re-program the brain
Honestly, you're better than Robert.
Yeah, Roberts a sell-out.
Wtf… a Robert Kiyosaki ad just came up and I thought it was part of the video… 😂😂😂
The premise that educators are "fake" is extremely disrespectful.
If someone teaches you something, and it's not what you want to know, it doesn't mean that information isn't useful. I will agree that the public school curriculum needs to be updated, but the language he uses about educators is wrong.
Awesome! Thanks for being you.
Ive read numerous hours of Robert Kiyosaki, lets just say richdad poor dad is surface level. Read all of his books, the rabit hole is deep.
He talks about them being bankrupt and printing money because its true, they may have something now but do you understand its all on confidence? What is belived to be tangible now is going to be fireplace fuel tomorrow. Like how every currency in history has hit zero value amd you dont see them anymore. I recommend actually reading fake
He gives great starting advice but there are cases where more than 10 videos where he explains the same thing with no actionable steps.
Robert is so much of bullshit with no practical value. Perhaps some mindset value. Especially when he don't pay taxes! That's a crook.