I am retired, but not quite old enough to get free money from the government. I have a diversified asset base which is my income stream. Two thirds of my income is from dividend paying stocks.
I am not yet proficient in FX trading. I have had moments of genius but those have not been sufficient to counter all the other negative events. However I keep going because of the following:
- I understand my vulnerabilities and am gradually containing them
- the FX market provides the means to profit from which ever direction the market moves
FX trading is a get-rich-slowly venture. All the people who give up after they have exhausted their money and patience do so because they don’t understand the risks associated with trying to get-rich-quickly on the FX market. Of course some also give up because they simply do not understand why they are failing, which is a different twist on the “exhaust money and patience” theme.