As an investor, one can expect to live an unpredictable life filled with either profitable choices or detrimental ones. People who are within these waters invest their capital hoping to get a good return based on the current trends in the market. Greg Secker has had a very successful career by participating in FOREX. The name stands for Foreign Exchange, and this is where an investor can exchange currencies from all the countries in the world.
How To Get Started?
If one is not able to spend time analyzing data, Secker suggests that this is probably a perfect fit for them. Furthermore, the time to invest in Forex is now since the dollar has been losing its value to inflation. As with anything else, however, one will have to get educated on the basics of this market in order to succeed. It all begins with a good strategy that facilitates good risk to return ratio.
Where To Go?
Secker usually avoids suggesting specific platforms to people. This is because he believes one should find their own outlet and strategy that they stick to. Main things to look for on any particular platform is a good chart analysis that will save one’s time, simple data that is not impossible to read into, and a track of high and lows. By being able to obtain factual information through the aforementioned, one will have a lower risk of losing their capital to a bad investment.
When an investor starts doing FOREX, they should avoid bringing in emotions to their decisions. Investing a lot of capital hoping that the dollar will increase in value because one is from the U.S. would be a biased strategy.
About Greg Secker
Born in 1975, Secker is one of the most successful traders worldwide. He is also a fierce philanthropist who helps people through his Greg Secker Foundation. The highlight of his career is being the Vice President of the Mellon Financial Corporation.
In his personal life, he is a father who runs his own company called Learn to Trade. This is where he helps people interested in trading achieve success. Importantly, his portfolio of great investments and helping others keep growing!