Do you need to be rich to start Forex Trading?
Can you start Forex Trading with just $100?
Or even better, can you start Forex Trading with no money at all?
In this video we are going to answer to a very popular question: "how much money do
I need to start Forex Trading?", so let's see.
Hello everyone, this is Federico Sellitti, welcome back to my channel.
Today we're drinking water, very... very very healthy for our trading.
How much money do you need to start Forex Trading?
I get the reason why this question is so popular, because this is a starting point, so you want
to start at your best, you want to start knowing the exact amount that you should invest in
the Forex Market.
So, today in this video, I'm going to try to answer this question, but don't expect
me to say something "start with $200", "start with $500", "start with $2000"...
I'm just going to give you some guidelines and some suggestions.
So the tip number 1 that I want to say to you is "Treat Forex Trading like a business".
If you want to open a coffee shop, for example, you need to find a place, you need to buy
the equipment, you need to hire people to work in the coffee shop, you need to get a
license and so many other things.
I'm not an expert about this, but you get the point of it, I want to say that any business
is difficult.
No one is giving you free money, no one is giving you easy money and Forex Trading is
no different.
So, Forex Trading is not easy at all.
I understand that there are so many advertisements online, showing guys earning a thousand dollars
in just 10 minutes or something like this... it is very deceptive in my opinion and you
shouldn't believe in something like this.
I tell you that Forex Trading is not easy and you will not get a hundred or a thousand
dollars in 10 minutes, or something like this.
And the second tip that I want to give you is directly linked to the first one, because
we have said that Forex Trading is not easy at all, so you need to consider the possibility
that you will lose the money that you invest, so the advice number 2 is: "do not invest
money that you can't afford to lose".
Let's consider again the coffee shop business.
If you want to open a business like that, you wouldn't invest all of your money, taking
out a loan and start to have debts just going all-in with your coffee shop business.
And Forex Trading is the same, you don't really want to invest all of your money an, if you
run out of business, you will not have a business anymore, you will have debts and you will
have a kind of feeling that your life is just falling apart and this is the last thing that
I want, I don't really want you to start Forex Trading and start to get in trouble with your
life because you are losing money that you can't afford to lose, that is very important
for your life.
So, my second advice, and please keep this in mind, "do not invest money that you can't
afford to lose".
Now, I tell you this because I started Forex Trading in 2007, I was 17 at that time, and
I started with €500.
And I know that it doesn't sound like a very big amount, but for a 17 year old, €500
is a huge amount, especially for me, I don't come from a rich family, my mother is a housewife,
my father has a very normal job, an average-paid job, so €500 for me was a lot of money.
I saved money for so many months to start my career as a Forex Trader and I had this
kind of positive mindset.
I thought I could make a lot of money, I could double my account every three months, I could
go on holiday whenever I wanted, I could provide for my family, I could take my girlfriend
to fancy restaurants and so many other things, but reality turned out to be different and
I lost my money in 2 months.
Now, with this, I don't want to say that you are going to lose necessarily your money.
You can really turn your life around with Forex Trading, but you also need to consider
the opposite scenario, that you can lose your money.
So when you start trading, do not invest money that you can't afford to lose.
Start with an amount of money that is ok for you if you lose it.
Let's say $100, let's say $500, let's say $2000...
I don't really know each financial situation, so you know better than me, you know yourself,
you know what you can afford to lose.
Now, at this point, I know that you may have a question: "what if I want to be a full-time
trader and want to quit my job?
How much money do I need and how long does it take to build the necessary capital to
be a full-time Forex Trader?".
I'm preparing another video for this and I will put...
I don't remember the name of it...
I will put a card, yeah it is card!
I will put a card in this YouTube video.
At the moment, I'm not allowed, but as soon as possible, I will put a small card in the
video and, anyway, you will find the link in the description as well.
Treat Forex Trading like a business and do not invest money that you can't afford to
lose.
Please keep this in your mind.
Thanks for watching and, if you want more contents like this, make sure to subscribe
to my channel and I wish you a great career as a Forex Trader and I'll see you in the
next video.
For more infomation >> How Much Money Do I Need to Start Forex Trading? - Duration: 6:39.-------------------------------------------
I need help. - Duration: 4:42.
Hello!
Ima chicken....... lel
So.
WATAHBATTAH
WATTAHBATTAH
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"All I need is my top hair, baby" | Matt Wright - Duration: 1:43.
It's a popular haircut right now.
I see a lot of guys who get haircuts and they cut off all
the hair around the side of their head,
leaving only the top hair, which I imagine
for balding men is infuriating.
(laughter)
So you're walking around, you're having a good day.
You've got your little scope going around,
like "Aaaah, you look fine, Rick".
And then you see some young dude and he's like,
"All I need is my top hair, baby".
And you're like "Damn you!"
It's a different experience for a man
to get a haircut than a woman, you know what I mean?
My girlfriend told me she was getting
her hair cut in May in December.
I was like, "All right, merry Christmas.
"Can we focus?"
(light laughter)
It's just a different thing.
She goes in, she has to find someone she trusts.
My girlfriend ah, has brown hair.
Sometimes she goes and dyes her hair brown.
(laughter)
She's twenty-five years old.
She's not going gray, I don't know
what's going through her head.
She's like "Uuummm, if they're loving me with this chocolate
"do, they're going to love my new gingerbread
"elk hybrid ombre. Whatever. I'm not walking out of here
"without something I can hashtag."
And then she comes in, she be like,
"Notice anything different?"
And I gotta be like, "You have less money."
-------------------------------------------
Do I Need A REALTOR®? - Duration: 6:26.
Are you considering selling your home and you're wondering 'do I really need to
hire a REALTOR® to get the job done'? Well, I'm happy to tell you that you've come
to the right place! That's what we're talking about today and we're getting
started right now!
Hi everyone! I'm Lindsay and I'm a REALTOR® with the
Wise Move AZ Team. My team and I serve the North Phoenix Metropolitan
Area with a focus in beautiful Anthem, Arizona. if you're new to our channel, hit
that little subscribe button in the corner here! We put out new videos every
Thursday and Sunday with tips and tricks to help YOU navigate the real estate
process. Today we're talking about whether you need a REALTOR® to sell your
home. You might be surprised to hear me say this but the short answer is 'NO', you
don't. I mean you don't technically need a fork to eat a big plate of saucy
spaghetti, do you? No, but it sure makes things go more smoothly, takes less
effort, and can avoid a big mess, right? Well that's kind of what your
REALTOR® can do for you in selling your house. We make sure things go smoothly
with less mess and with WAY less effort on your part. Today I'm going to highlight
some of the things you should consider when deciding to use
a REALTOR® when selling your home (or not). Selling your home is a big deal and
let's face it, using a REALTOR® to sell it for you can seem expensive. We know you
have lots of choices. You can sell it yourself, that's called 'For Sale by Owner'
or FSBO which is just way more fun to say. You can sell it to a company like
OfferPad, Zillow, or the 'We Buy Ugly Houses' people who will purchase it from
you and then sell it themselves, or you can work with a REALTOR® (like me) to get
the job done for you! If you're watching this video you probably have the
following thoughts: #1: You want to save money. Well Amen to that!
REALTOR® commissions vary and they're flexible. So, before you rule out using a
professional, see if there's a REALTOR® that offers the services you need at a
price that makes sense for you. For example, we offer a flexible fee
structure to accommodate sellers who are leaning towards selling their home on their own.
With this program you pay for the services you need
and not the ones you don't...HELLO! #2: You want top dollar for your home.
Doesn't everyone?!? The key here is pricing your house
appropriately from the start. The most common mistake FSBOs make is over
pricing their home which can mean it sits on the market, costing you
valuable time and money. #3: You want to schedule showings and open
houses at your convenience. We know it's hard to keep your house in pristine
showing condition when, you have kids, and dogs, and a full time life outside of
trying to sell your house! You might think that if you list yourself you'll
have complete control over the showings and open house schedule, right? This may
sound perfect but are you really going to say no to a buyer who's sitting outside
your home and wants to see the inside? What if you're 50 miles away doing
something really important? The right REALTOR® will control and manage
showings to suit your schedule, we promise! When deciding whether to list
your home yourself or to use a REALTOR® I really want you to ask yourself if
you're ready and experienced enough to take on the legwork necessary to manage
the sales process. Some of the things you need to be ready to take on are: r
#1: Valuing your home yourself. This means comparing the interior, the
exterior, the size, number of bedrooms, bathrooms, upgrades, and all of the other
features of your home, to all the homes sold, and currently for sale, in your
neighborhood to determine the right price. You need to get this right because
if your home sits on the market too long, it's at risk of inheriting a stigma that
can make it even more difficult to sell. In the next few weeks we'll be releasing
a video on how to price your home, so watch out for that! If you're
using an online service like Zillow to determine the value of your
home, keep in mind that they have a margin of error 4.6%. This means
that if your home is worth $300,000, your Zestimate range will be somewhere
between $286,000 and $314,000.
That's almost a $30,000 gap, which could
easily be the difference between selling in a timely manner or not selling it all.
A good local REALTOR® will be able to provide a much more accurate price
recommendation for you. #2: Pre-qualifying and screening potential
buyers. Are you comfortable doing this? You need
to make sure you're selling your home to someone who is financially qualified.
#3: Coordinating the sales process. Do you have enough experience
with and access to the markets/websites needed to reach your target
buyers? Consider how much it'll cost you to effectively market your home. Most
REALTORs® pay these costs for their clients, out of pocket, whether the house
sells or not. #4: Negotiating. Are you
comfortable negotiating on your own behalf,
throughout the offer and counteroffer process? #5: Navigating the
inspection period. This includes responding to the buyers request for
repairs without adversely affecting your own rights or jeopardizing the deal.
#6: Working with the buyer's agent. Will you be comfortable working
opposite the buyer if they have their own agent? Will you be offering a
commission to the buyer's agent?Remember, that agent buys and sells homes for a
living so they may have more experience than you. #7: Working with the
buyers' appraiser. If the buyer is getting a mortgage to purchase the home you'll
need to navigate the seller side of insuring their financing is approved,
which includes accommodating an appraisal. #8: Drafting
contracts and other legally binding documents. REALTORs® have exclusive access
to standard form contracts that are carefully crafted to protect the buyer
and the seller. Are you confident that you could draft all the necessary legal
documents and have them hold up in court, should an issue arise? I don't want to
scare you, but it's important stuff! This list represents only a small
portion of what a professional REALTOR® does for you, or what you will need to do
yourself, if you decide to sell your own home. The decision boils down to this:
Are you willing and able to do the things that are necessary to sell your
home? If you are, that's great! If you aren't, give us a shout1 We love doing all
of these things for our clients. So, that's it for today! If you want more
information on this topic make sure you click the
link below, to read the full blog post on our website. We put out new videos every
Thursday and Sunday, so make sure you hit that subscribe button to stay up to date
on all things Anthem and Real Estate. And remember, if you or anyone you know is
looking to buy or sell their home, give us a call! It's always the right time to
make a wise move with the Wise Move AZ Team!
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