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Forex vs network marketing

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forex vs network marketing

News articles and trades ideas should be posted with your analysis or a question. Post an article, or link to multiple articles with your analysis in it. Also, concerning your analysis, see The following should go without saying There is a thin line between promoting a product and service and SPAM. Before you can forex a promotion or service you need to get approval from the mods.

Links to external services, especially if they are selling a product such as signals services or binary options will be excised with haste. Want to post a trade? Hello everyone, I've been lately getting to know this amazing world of Forex because marketing friend of mine told me about it, and I'm planning to start my own journey as soon as possible. The thing is that my friend explained me he's learning and trading through a website which combines Forex with Network Marketing.

I know what Network Marketing is, and how it works applied to classical products like cosmetics or food. But I just don't forex how do you apply the concepts of network marketing to the forex market.

Basically I want to know what it means, and if there is some kind of benefit of combining the two techniques toghether, or if I should only learn and practice forex trading and forget about network marketing. It will help me choose whether I should sing up in the same academy where my friend is, or follow my own path. He just told me to try it and then choose forex I wanna sign up or not, he said he wasn't trying to sell me anything, since he's a friend. But I don't really care if he's gonna make a profit from it or not, always that it is a better option for me compared to forex by itself.

If you want to learn to trade forex, learn to trade forex. Network marketing or any kind of marketing has absolutely nothing to do with it. Yeah he would, but that's okay for me if I can benefit as well. Now you say that marketing has nothing to do marketing forex, but somehow there's this online school doing it. If you cannot imagine either how does it work I think I'm gonna ask my friend and see if I get network.

If you market it well, you can lure thousands of people into thinking forex is easy and they will be rich in no time, which is absolute nonsense. I'd say that boiler rooms think wolf of wall street have nothing to do with trading or investing. Because it's easy money, but that doesn't mean people don't get scammed in the process.

If you want to spend money, then buy Trading in the Zone and Trade Your Way to Financial Freedom, both available for short money at Amazon or your local book store.

MLM is a waste of time if network want to learn forex. I have friends that do this and I marketing tell you they don't even know how to mark support and resistance on a chart. They don't really learn the theory and application of forex. If you're serious about finding like-minded traders in your area and creating a Master Mind, then hit up meetup.

There may already be one going on, and I can TOTALLY see value in that. But avoid ANYONE who is selling anything or asking for network up front.

An Introducing Broker is an agent which introduces new customers to fx brokerages in return for a commission. Watch for affiliate links and things like that. They almost never have your best interest in mind. All they want is the commission. Way more than a pure A-book business model so I don't blame them for doing that but it does create these weird conflict of interest situations which futures and stocks brokers almost never have.

Use of this site constitutes acceptance of our User Agreement and Privacy Policy. By signing up, you agree to our Terms and that you have read our Privacy Policy and Content Policy. Log in or sign up in seconds. LIST OF RESOURCES CHATROOM SO WHEN WILL YOU BE RICH? No empty news articles or analysis News articles and trades ideas should be posted with your analysis or a question.

Also, concerning your analysis, see 2: No Spam, No Non-Approved Promotions Marketing is a thin line between promoting a product and service and SPAM. Keep It Professional No insults or attacks of any kind. Abusive posters will be banned. Posting Trades Want to post a trade? Shorting the retest of resistance. Riding the rate change wave. I would like people's opinion. Reason I plan on shorting is the resistance is real close to the first retracement mark.

And also the recent rate hike. Forex submitted 3 days ago by HeyFerre Hello everyone, I've network lately getting to know this amazing world of Forex because a friend of mine told me about it, and I'm planning to start my own journey as soon as possible. Thanks so much for the help! My guess is that your friend would benefit financially if you'd sign up. Those two books, plus all the free shit from the Forex, is, LITERALLY, all you need.

Nothing to be gained. Be wary of them. This is an archived post. You won't be able to vote or comment. Posts are automatically archived after 6 months.

forex vs network marketing

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