PipStop

I just replied to an email I received through a member of the Vancouver Forex Meetup Group. It's one additional way that I'm reaching out to Forex traders through a social media tactic.

The members of the group (just over 100) probably don't want to be called guinea pigs, but to a great extent this is a lab of sorts for me as I learn more of what traders are looking for, and what they're going through.

As Trading Post continues on the road of being a true solutions provider to traders, I find it's increasingly important to reach out in various ways. Maybe not a perfect answer, but a reply on the fly and I thought it would give insight to some of the questions I get daily.

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Hey Sam,

I haven't been able to attend any recent meetups, although I 
would have liked to been available for the webcasts...

I'm still looking to learn FX trading, but isn't there a way to 
actually get into this huge market with someone's services. Is 
there any company that you dont have to have $10K to start an 
account with?  I'd really like to start leveraging some of my 
money I'm earning from my day job.  Or is it just not a smart 
move to do?? 

Hi:
I'm trying to make sure that there are always resources for traders in the Meetup whether it be live Meetups, webinars, etc.

I would give you a qualified general yes to the questions you ask below. I think it really bears a conversation more than anything else, but I'll share a few short thoughts with you.

Trading isn't for everyone. There is great potential reward, but there is great potential risk. Don't trade looking to hit a homerun, and don't trade with money you can't afford to lose. Successful trading requires a commitment to be successful - and that varies by person. You have to be willing to give it the time - it's like saying you'll get in shape but go to the gym once a month - it isn't going to do much for your overall fitness goals. Be prepared to invest in making yourself a good trader. That doesn't have to be $10K - it can be something more nominal but very few things of value are free in this world.

I have seen the good, the bad and the really bad. Let me know what stage of your learning you're at, what resources you've used, and what your goals are and I can give you some additional thoughts.

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