Member-only story
This Forex Market stuff is a viable side hustle for shy investors who don’t have a lot of time.
Not telling my age, but before I enrolled in DeVry there were no personal computers. And people didn’t invest in the Forex Market unless they were wealthy.
All of that has changed.
The computer allowed the middle-income US taxpayer in the door and now, young men and women in Africa are supporting themselves and entire villages using the Forex Market.
I am not kidding.
True, some of the videos about how people are earning thousands of dollars a day are not true, in fact I would say a lot of these videos are not being totally transparent.
But here is what I do know as a tax professional, retired, yet still registered with the Department of Treasury, aka the IRS, people are making high three and low four figures in the Forex Market daily. They are also losing high three figures and four figures a day, but not every day!
What I am trying to get you to see is there are new technologies that control your risk. One such method is called “stop losses” now available to everyday investors. And you might be asking yourself, what the hell is a stop loss?
That’s easy. Let me give you the official answer.