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Re: Trading systems that cost $50,000
BabyTrader
What is the reason for the question? Do you think that because you spend $50,000 that a system will be profitable merely because of its' high price?
The unregulated world of forex has many sharks out there operating out of uncontactable addresses wanting to achieve one thing only...........to put your money in their pocket, so then the game becomes "catch me if you can find me".
I had a discussion with a person wanting to learn forex. They had two courses they were considering, one that had an educator who derived pleasure from seeing people progress in the forex market and who provided unlimited access to themself after the seminar and the second one where the cost was $20,000 to do the course. The first course cost was just over $1000. He had recommendations to do the cheaper course from people who had attended, including one person who had done the other course (before the price skyrocketed).
Needless to say, he parted with his $20,000.............but where did he end up........doing the cheaper course as that is where he learnt to trade forex.
A number of people think that because they can afford the money being charged for a course, that the mere payment of that money means they can walk out at the conclusion, open an account and be an instant success because "I paid x$000 to do a course or paid x$000 for a system.
There have been other threads on moneytec where people have talked about signal providers and lamenting money lost.
Regards
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