The following article was sponsored by FDT ForexMaster
Let’s rewind back to the fall of 2011. In public spaces (especially left-leaning cities like New York and Vancouver) a motley crew of professional protesters gathered to outcry against the “evils” of capitalism and the resulting perceived inequality that it causes.
But there was one vital thing that was missing from this group: financial literacy. While it’s tough to disagree that banks were engaging in some risky behaviour pre-2008, from an educated perspective it would be intellectually irresponsible to see this as an indictment of capitalism entirely.
The beauty of financial literacy is being able to understand the complexities of capitalism and finance. At its core, capitalism works. It allows for success without discrimination, whether your name is Bruce or Caitlyn, Darnell or Xiao Wang. The deeper your understanding of finance, the more doors open for different avenues of success.
Here are three tips to keep in mind when investing:
1. Look where others aren’t
Ironically, the largest and most liquid financial market is also the least well-known. Most Occupiers wouldn’t be able to tell you about the foreign exchange market, which involves the trading of currencies shifting in value against one another. The forex market dwarfs the stock market in size and speed, as it trades $4 trillion a day and is open 24 hours a day during the workweek.
The forex market is how currencies derive their value. Investors buy and sell currencies based on technical data, or their assessment of a country’s political and economic well-being. It’s capitalism in its purest form and for the most part it’s a market free of manipulation.
2. Educate yourself
Understanding the forex market is key to understanding finance and capitalism as a whole. After all, money is everything — it forms the basis for every other market out there. Without money — or currencies, which form the entire foundation of the forex market — there would be no international trade, no stocks, and no markets at all.
But trading forex is fast and furious. The market moves quickly and there are no breaks. Professional traders say that those looking to get into trading forex should do so slowly, as the possibility of losing your entire principle is very real. You simply can’t afford to be a risky or foolish trader.
3. Jump in
A great way to learn how to trade forex is through an app called “ForexMaster.”
ForexMaster, which costs nothing to use and is risk-free, allows users to practice trading forex and compete against others from around the world for real cash in real time.
Anyone that proves themselves to be a consistently profitable trader has the chance to participate in FDT’s incubator program, where they will have the opportunity to receive seed capital to manage a real, funded trading account. As users progress through the incubator program they will have more and more responsibility as a trader—and take home a bigger and bigger cut of their earnings. It’s the light at the end of the tunnel for those that prove themselves as traders.
FDT Incubator gives you one of the most red pill opportunities of all: financial self-reliance. Some of ForexMaster’s top users don’t come from traditional finance backgrounds, but still have thrived in the trading space.
Or maybe you’d prefer to hold hands and sing songs in the park. Your choice.
Download FDT ForexMaster and start your forex trading career today.
the obligatory kratom comment.
BOOM!
The obligatory ‘I’m Mike Chang & i’ll show you how you can get six pack abs like me’ comment.
Hey, man!
Nice to see an article about something useful.
Dunno if the info here is legit but ROK could use more practical articles. I’m kinda tired of hearing about how mgtows are fags and feminists are cunts when I could be learning from dudes of other walks of life.
“I’m kinda tired of hearing about how mgtows are fags and feminists are cunts”
its all part of your five a day healthy red pill diet.
neo was a fool. he should have known: if i take this pill once, i will need it all the time.
you can’t get too addicted to the red pill
Or can you? (no you can’t)
Stupid red pill. There is no way back.
lol.. I’ll go get my daily dose of red pill from sandman now.
Man, I love sandman on youtube. And the girls he has in his videos are hot.
yeah, he’s really the MGTOW voice. You simply can not dismantle his arguments.
If you think we should shift the focus of the content, you should feel free to submit a guest post. I’ve read your stuff on Toronto here and elsewhere and it’s solid info. We’d consider publishing something along those lines if it is up to standards and not to repetitive with past content.
Fair enough.
I’ll quit bitchin and write something.
actually i’m with ‘black knight’ clark. may i add you have very insightful, well-written, intelligent, poignant comments, and i think our readers at-large would enjoy reading more. pick a topic… get to writin’!
Yeah dude, lets here an analysis on the city of Toronto: finance, crime, left wing nuts, shitty weather, shitty women, and what goods a man can take away from a visit there if he is going to go there. I here there are a lot of hot Arabic women there despite the SJW factor.
My recommendation is that you avoid the FOREX market. If you don’t know what you are doing (I am a professional financial analyst and I wouldn’t know what I am doing with it – take that for what’s its worth).
I say focus on building marketable skills that will earn you good money and invest in a diversified portfolio. That means do not buy a house unless it represents about 2% of your total wealth. In most cases it won’t. If you really must do FOREX, get a job as a FOREX trader and risk other people’s money instead of your own. If no one will take you on in FOREX then that tells you everything you need to know about your prospects with this asset class.
thanks Bob
Yes, we don’t recommend diving in head-first either.
That’s why we encourage everyone to trade virtual first. In this way you’re able to get the authentic trading experience (since you’re still trading on a real-time sophisticated platform) without having to break the bank.
Doesn’t it make sense to buy a property instead of paying rent? Waiting until you have 50x the net worth of a home could take decades, if at all. During that whole time you’re paying rent (i.e. someone else’s mortgage, property tax, insurance, bills, + profit).
Am I missing something?
People often say this (you’re paying someone else’s mortgage etc.) and leave it at that. Either way you will be paying a mortgage. Granted if you buy you could eventually own the home free and clear but in the first 30 odd years your net costs will be higher (interest, maintenance, refurb, etc.). Note also that the amount of your rent is not driven by the mortgage payments on that house but by the market.
Also, note you can lose an awful lot of money on your house if the market turns against you (sometimes all of it).
In the past, (say 50 years ago) I would have said buying a home was a good idea. The husband could afford it on his salary and it wouldn’t take him long to pay it off. Nowadays this is a losers strategy. Not only are you locked to a location and a job, your wife can take your home off you at any point and you may still have to pay the mortgage! If you rent, your wife does not have this leverage. Also, you can up and leave your job at any time and move to cheaper accommodation or go live in Latin America for a few years. You have your freedom. Your wife will know this and as such will not have the leverage to take your home and salary (invest accordingly, obtain right to abode in a foreign country and you can flee at the first sign of trouble).
To ensure continued funds to pay the rent buy an annuity at the equivalent home value earning a yield equal to or higher than the market rent. You can save for this while you rent. No problem.
Are you living in England?
Yes.
What about owning land and building a house on it… from scratch if you have most of the abilities? (I lack electrical…. but everything else is good.)
You will probably have a house that costs you less plus your labour time. This is fine if you don’t get married. Once you get married the entirety of your wealth (assets plus future income) is at risk. The key here is to take steps to hide and protect your wealth.
linking into the the other article as well as the theme of ‘ethical investing!’ I noticed reports this week that Islamic State is minting its own currency, and presumably of course will in due course be trading on the Forex Markets (I’ll just assume George Soros is rubbing his hands in glee in anticipation). Question: will FTD forexmaster being offering that particular facility. I imagine one could make a killing. Boom boom
Minting is something one does with a “hard” currency. If they’re printing “fiat” currency (bank notes guaranteed by the state) then it is not minting.
Just a minor point.
the article I read seemed to suggest they were issuing islamic state coins. I imagine they could become collectors items, unless of course they succeed
Actually the last couple of days would probably have been quite an interesting time to have bet against the euro. The Grexit ups and downs have been fairly predictable at times over recent months
True, but it’s so heavily plastered everywhere in the news that I’m sure a lot of people have already done the same.
my lesson on not whining about capitalism:
bought two bitcoins for 100 € each. loaded them onto that big trading platform – forgot the name. waited for the value to rise up to 800 €. the inevitable crash came. wanted to lose it, but the trading platform was completely overburdened. didn’t cash in on that one.
as that was happening, i thought it was cool and exciting. meanwhile i heard all the politicians starting to chatter about how to get their dirty fingers into the game. it’s one thing to grow up in a regulated system, but another to see a completely free system being taken away by power hungry mobsters. very enlightening indeed, because you need to taste freedom to know what you’re missing out on.
anyway. later, i wanted to withdraw the bitcoins. surprise, surprise, there had been complaints or whatever. the platform demanded that i authenticate myself which would have required me to send some kind of document to them that would need to be signed by the government. sigh. not even worth the work.
eventually, while i was pondering doing it, said company went bankrupt. millions of bitcoins gone. all i got as solace was a little note informing me of the happening. i was angry, but realized that that’s the price of freedom – learn to distinguish whom to trust. i was happy about the lesson.
end of story for me, but you can imagine – or have witnessed – how politicians used this unfortunate event for themselves. this is how slavery works: take away responsibility and thus the chance to learn to live for the promise of comfort and safety. all i could think the whole time was: why the fuck don’t they just leave us alone? nobody is whining, everybody knew what they were getting into. get off me, leeches.
MT Gott or something wasn’t it. I tried to buy some when the price was about about £50 – a bit less than what you paid. I ended up not being able to do so because I need a banking app that only worked on android and I had a different operating system. Then I read about the disappearance. Its still the wild west in Bitcoin land – lot of potential there though
yes, mt something.
i am a web programmer and i can confidently say the site was crap, but it was an interesting experiment.
not much into trading myself so it doesn’t excite me as much as others, but i loved the perspective on freedom.
Mt
GoxCocks I believe was the name.it got me excited for a while. I was really sad I missed out, then relieved when it went belly up. Still lots of people did well. It might be worth your while chasing up your investment, they might be still around
it would have been cool to speculate before it grew. had you invested back when a pizza was worth a few thousand bitcoins, you would be rich now, even by today’s price. but that was long before this stuff became popular and known to the mainstream. some guys were lucky and smart.
yes, that was it. personally, i think that someone is having a lot of fun with all the gone money right now.
I only intended to buy a handful so it wouldn’t have made that much difference. but still it makes you think
the really cool thing would be to invent the next big thing yourself.
as long as the next big thing can be made out of bottle tops and string, because I’m not that hot on the programming front
as soon as the internet crashes / is taken over by sjws, you will be the king of the strings.
Lol yeah I’ll be telecommunications king. Just not long distance
i assume you know the meaning of the prefix tele.
you got me
Bitcoin certainly has its strengths. It’s a revolutionary way to transfer money and hopefully the world’s financial system can learn a thing of two from it to help upgrade and eventually replace the antiquated SWIFT system.
But as a store of value, it’s quite a poor one. Look at the charts: Bitcoin peaked in 2014 when it came close to $1000 and plummeted since then. Early investors in Bitcoin lost enormous amounts of money. Since then the price has not recovered.
But It would be foolish to dismiss Bitcoin entirely. It’s one of the most interesting and important FinTech inventions of all time, especially in modernizing the world’s remittance system. The security behind Bitcoin’s blockchain has launched a variety of spin-off technologies and businesses involving authentication and storage such as unPassport and Equibit.
But I wouldn’t put all your eggs in one basket…
Read The Intelligent Investor by Benjamin Graham
Read Security Analysis by Benjamin Graham
Read Warren Buffet’s biography
Read the Berkshire Hathaway annual report letters to shareholders by Buffett
Learn to read an income statement
Learn to read a cashflow statement
Learn to read a balance sheet
Learn to read a company’s annual reports
Learn some patience
Learn the difference between price and value
Learn that volatility is your friend
Learn that bull markets make people feel good, bear markets make people rich
Learn to actually research your own companies instead of relying on anyone else’s opinion, star ratings, or buy-sell recommendations
Learn that having an opinion on every stock is stupid, most of them have no compelling reason to buy or sell them
Learn that great investing ideas don’t come along every day. You get two good ideas a year you’re doing well
Learn that there is no way to reduce risk entirely and anyone telling you there is selling you unicorn poop as fertilizer
Learn that you better be able to weather the ship when the market disagrees with you, but if your research was right it pays off in the long run
Learn your own limitations. You don’t need to be an expert on every investment vehicle type in the world, and quite honestly, simpler is usually better.
Learn that it’s okay to avoid investments you don’t understand
Learn to diversify your portfolio and have someone else do all this stuff for you. Investment is a full time job.
How is greece like my ex wife?
Both are being fucked by some wealthy Europeans?
Actually I think Greece is doing the fucking.
I think exactly the same. As a european, i wish it would be kicked out. Greece is like a some kind of gold digger, and europe is beta as fuck.
Greece invented anal, your ex wife perfected it.
I like this, as someone whose done micro investments I think this article is a good start for people wanting to get into some real investing.
Thanks, but let us stress again that we first encourage people to trade virtual first before going live. That way you learn “how to” before putting up any risk. Like rock climbing at REI before going to El Capitan.
I hate to rain on your parade but I think George Soros may have discovered the currency markets and how to manipulate them. They still want to hang him by the balls in Thailand for crashing their currency back in 1997,
Educate yourself on currencies and how to invest in them if you will, but to say the currency market is free of manipulation simply isn’t true.
Absolutely. They are the most rigged market, next to overnment bonds at the moment.
It’s really easy to see this: currency and capital controls, exchange rate policies set by the government (e.g. the Chinese legal fixed exchange rate) and all the follow-on consequences price fixing causes.
Right. But look what happened to the eur/chf when the fixing broke. The Market always wins. Just like gravity.
The market can sometimes win, depending on the power behind the rigging. The EU and Switzerland are not very institutionally powerful.
The Fed or the Chinese Central Bank, on the other hand, are very powerful.
The point is not who “wins” but rather what the effects of long term rigging are. It doesn’t matter if 20 years from now China drops its exchange rate regime because for 20 years it had rigged markets to its favour, getting all the benefits, for example.
It would be unfair to say that Soros’s trades in Thailand (and the UK for that matter) were manipulation. While his market plays might be considered unfair for some (as with any trade there are winners and losers), they were perfectly legitimate in the eyes of the law.
If we rewind to the 1990s remember that Thailand’s economy was a credit-fueled bubble waiting to pop. The country’s economy was soaring into the stratosphere — fueled by cheap credit, not by sound economic fundamentals. At the same time the Thai government was pegging the Baht to the USD, and not bothering to build up sufficient foreign reserves to sustain the Baht on the open market.
Then in July 1997 the Thai government was forced to float the Baht on the open market. The Thai economy was battered, and investors lacked confidence in the government’s ability to manage. Naturally when the currency was allowed to float it was hit hard. But what should have investors done instead? Prop it up?
Naturally there were a lot of angry people in Thailand. But their anger was focused in the wrong direction.
Forex trading? I’ll pass.
If you’ve got money to burn then go for it, but its probably not the best idea for most people.
DRIP investing has been good to me, I’ll stick with that.
You’re right – it may not be the best idea for most people. That’s why we encourage people to trade virtual first before going live.
At least this article isnt about ingesting something.
Does that make it better?
I generally support free market capitalism, and I feel that most Occupy Wall Street people were liberals with little understanding of politics.
However, there is no denying that the current US financial system is rigged against ordinary Americans. The financial giants profit by taking enormous risks, privatizing the gains, and publicizing the losses through government bailouts. Additionally, the Federal Reserve destroys the value of people’s savings by inflating the currency via a program of subsidizing loans to the rich.
“Or maybe you’d prefer to hold hands and sing songs in the park. Your choice.”
*arcade voice* TKO!
DO NOT keep too much of your wealth in intangibles like stock. Given the way the world is going (and the utterly inept direction of US policy, both foreign and domestic) it is pretty much certain that we’ll lose a major city within a decade or two. What happens to the market when a dirty bomb goes off in New York harbor? No? Note that Israel is merely the “little Satan.” Or when a couple of major cities declare bankruptcy? Or when that house of cards called the EU collapses? I’m pulling a big chuck of my retirement portfolio out of stocks and investing it into improving my (largely unimproved) rural acreage – workshop, water wells, gardens and greenhouse, backup power, food store. That includes as much knowledge as I can get about the natural gas facility across the road. I may not be rich but I’ll be relatively secure and eating. Only cute, fertile girls need apply. Yes, plural; now that gay marriage is legal polygamy isn’t far behind and well-prepared alphas will reap the harvest.
good advice but what about for those of us not in rural areas (AKA the majority – especially on ROK)?
Stocks are not intangibles. They represent a share in the underlying business, however small. So I am a business owner in some sense when I buy shares of say – Unilever or Coca Cola or Apple. Now there have been recessions and more in the past, yet good companies have gone on ahead and created actual wealth for its investors as opposed to merely managing inflation adjusted growth
Introducing…. the first ad to try to get you to feel red pill if you buy into their scheme. The first of many ads to come from clever sheisters that got us into this economic clusterfuck in the first place.Thes cunts should be tarred and feathered. Red pill….go fuck yourself.
Sorry if it comes off that way but we can assure you there is no “scheme” taking place. All we provide is a free app called “ForexMaster” whereby you can gain real experience managing a virtual trading portfolio. It’s great for people that want to jump into trading/investing but don’t want to incur the risks just yet.
Try the app out for yourself and tell us if there’s any one section in which we’re asking for your money. Let us know if you find such a section.
The red pill part comes from taking the determinate firsts step to seize control of your finances and investments, of which too many of us are kept in the dark.
What is your business model then? How do you generate profits?
Advertising.
@TyskKille, good question. Our business model is DISCOVER > FOSTER > SEED.
DISCOVER: We provide free-to-use trading apps (ForexMaster, FuturesMaster – only in Chinese right now, and StockMaster in 2016), and monitor user performance and behavior to scout for promising traders. It’s a win-win: you get to practice risk-free trading, and we get to funnel out the good from the not so good.
FOSTER: We invite all promising traders into our incubator program, which is also cost/risk-free. Here we actively help our incubatees control risk on their virtual trading portfolios, while still expecting them to post above-average ROIs. All incubatees are eligible to qualify for seed funding.
SEED: We then provide real seed capital to the incubatees that time and again demonstrate astute risk control and high profitability. We move them over to a live trading account. We take a large cut of any returns they make. The rest is theirs to keep.
Forex investing is NOT a good idea, most forex investers do not invest their own money as they lose often, try roulette instead.
I am sure there was an article previously on ROK saying the same thing (maybe same guy wrote it?).
comments section that followed reads the same as this comments section (good idea hmm might try) until someone with knowledge working in the industry debunked and ripped him a new one.
Forex investing alternative – give your money to a woman, at least you will get laid and have pretty cushions.
and redpill??? (facepalm)
there is also that commenter who makes 9K per month that can provide some good advice
To be clear, anyone that trades with FDT ForexMaster doesn’t have to put up money to get started. It’s a cost/risk-free app that lets you gain experience managing a virtual portfolio.
In this way anyone can jump in and learn how to trade forex without the risk otherwise implicit when trading/investing in financial markets.
So, learning a new skill by application? Taking control of your finances and investments? Sounds pretty red pill to us.
Nobody fucking says that though.
Sounds pretty ridiculous to us.
I have no problem with forex trading per se or sponsored posts.
however i suggest you write another article and discuss how forex markets work and what causes currencies to fluctuate against each other.
If I was going to tell a friend to invest his disposable income he has worked hard for in forex (or stocks) i would tell him to learn about money supply, inflation, quantitive easing, fed interest rates, geo-political knowledge, trade data, manufacturing data, what hedge funds are doing and a lot more.
the world is a very strange place right now on many levels especially currency.
central banks are having a currency war, emerging markets are in a difficult place, the biggest forex trade USD/JP pair is fucked up because of the fed and abenomics, greece may leave the euro and that has implications for spain/portrugal/italy/ireland and even the EU trading bloc itself.
russian sanctions, the baltic dry index, oil price at crazy lows and iran may come online.
south america fucked up and china slowing.
all of this means that there is opportunity in the massive volatility if you guess right.
i read articles about illiterate chinese farmers giving stock market advice and here in australia every muppet with room temperature IQ is a property expert.
the men on this forum are smart, educate them and guide them and then promote your product.
simply saying buy this, free trial – that may work on muppets and women, but i am not even going to click the link.
like i said explain how forex works, then i may click the link and if i get to your website and find more detailed quality info i may give it a go.
Im not giving you a hard time for the sake of it, just my opinion.
So basically, risk off? Long JPY, sell stocks.
Readers: If you don’t understand what i just said, stay the hell away from it.
Always ask yourself who is telling you something, why, what are they selling, etc.
It takes *years* to learn the concepts and digest them. Then you got to work on execution, that’s when the virtual demo account comes in handy. Double or triple it, you’ll be familiar with the concepts, and the execution. Then you can start with a tiny account with real hard earned dollars. You’ll understand VERY quickly it’s a completely different game. Read Mark Douglas. Trading in the Zone will do.
Once you’re used to this new feeling, akin to playing poker and making money on a regular basis, you can add to your account. Finally, when you’re used to trade with larger sum, consider trading with other people’s money. It’s the ultimate level. If you can still perform with good results then money will pour from everywhere. But you’ll be 10 years older than now.
Kratom has been a top-tier revenue generator since 2013. In fact, it is the substance upon which the US currency is based.
One of the most red pill places to learn how to trade forex is through an app called “Forex Master”
Mm.
Taking the red pill would mean to understand that the game is rigged by a cabal of financial oligarchs and we dont live in an meritocracy.In the west the banks wins always.
Really?! Even HERE it was relevant for you to bring up that transexual horse-pill???
Stopped reading until later.
Ill read it, Ill read it…
but thats just because my current line of work involves immersing myself in and extracting money from western trashmonster society, so I read everything on Rok just to keep focused. Just to keep the faith.
Anyway. Shame n all that.
I came back, and now I can’t. I can’t even get past the title.
This isn’t a site for 15 year old, chronic-masturbatory, in-crowd-wannabes (so much as one that’s meant to turn such a person into something of worth). You can’t just plug-and-play a commonly used theme (contextually incorrectly I might add) and hope to garner automatic interest on a site that promotes awareness, accountability, and just plain not being a fucking idiot.
Nobody here (that is actually wanted here or part of the target audience) will take you seriously for writing in such a manner.
I just scanned through it. Looks technically sound, but just the addition of
“one of the most red pill places to learn [how to buy our services]”
automatically destroys any credibility you may have gleaned here.
This is an arena for the awake.
I hope that sheer volume of traffic will provide you enough return on your investment as to save the job of the oaf who approved this ad.
…but at least he clicked the hyperlink
Or maybe you’d prefer to hold hands and sing songs in the park. Your choice.
Lmfao. Humour is an excellent marketing tool. Well done sir. Fuck Kumbaya, I’m checking out FDT ForexMaster, just cuz that joke rocked.
Chea.
Next article on RoK sponsored by Gordon Ramsey: How to cook the red pill way.
Trading currencies is a fools game. Only insiders have the information needed to make money by trading currencies. If you really want to do this, keep in mind that governments and central banks work diligently to manage exchange rates. You are going up against central banks that have basically unlimited resources. And they also often tend to work in concert with each other.
There is no red pill involved in attempting to invest in an area of the market where you are at an extreme disadvantage.
Read “A Random Walk Down Wall Street” and learn how to invest intelligently.