Opinion

SHELTON: Anyone can learn how to trade forex

Mykhalah Shelton

Forex is short for the foreign exchange market, and it is the largest financial market in the world, generating over $5 trillion dollars daily. People make money through buying and selling different currencies as the market fluctuates back and forth. It was not until about 10-15 years ago that trading was made accessible to everyone because the minimum capital required lowered ten dollars. This is now known as retail trading. What was once only designed to benefit the wealthy, was now being leveraged by average people. 

Today, anyone can access the trading app and make money off of their phones. Most recently, many have begun to think forex is a scam due to lack of knowledge. They see people between the ages of 17 to 25 accumulating large amounts of money in a short amount of time and think it is too good to be true. Anyone can learn how to trade forex on their own, but it could take months or years to see profit. 

I started trading a couple months ago with Tradehouse Investment Group, and I see the value in mastering this Ivy League skill. We are taught how to make money, how to spend money, and  how to save money, but very few are taught how to multiply it. I like trading because I now know how to multiply $50 to $200 plus with one finger. 

Tradehouse Investment Group was founded about two years ago by a couple fraternity brothers at Morehouse College in Atlanta. There is no way what we are doing does not work or is a scam, when we have grown from less than 20 members to thousands today. Tradehouse has turned many young adults into six figure earners in as little as 6 months to a year because we give people the opportunity to gain the capital needed. 

We leverage the #1 learning platform for trading, formerly known as Imarketslive.  In addition, as an investment group, we have developed an “earn while you learn” system. While you are learning, you are able to make money if you know how to copy and paste. Signals, which are parameters of the market, are sent out everyday by master traders to ensure you secure profit. If you are capable of copy and pasting these numbers into the trading app, then you can make money from your phone that easily.

I exhausted myself both physically and mentally working for $17 an hour at home. I refused to work in Louisiana for $8 an hour, giving the same effort and time. Within my first week of trading, I made $40 in less than 30 minutes, and that was all it took for me to see that anything was possible. 

This was an accomplishment; I did not have to clock in somewhere for minimum wage or trade my time for money at all. I like the idea of being able to make money anywhere, at any given time. It only takes about 15 seconds to enter a trade. Now, I am knowledgeable enough to trust my own analysis. I have had days where I made $80 on my own in less than hour. 

People steer away from this opportunity because they think it is a pyramid scheme. Imarketslive offers compensation to those who share the opportunity with others. So, in addition to making money in the market, you have the option to earn residual income. This made sense to me because not everyone who trades has enough capital to make hundreds to thousands of dollars a day. This is an easy way to obtain it. 

Currently, I am earning $600 dollars a month because I shared the opportunity with people who wanted to learn how to make money off their phones too. Nobody has a problem with referring people in order to earn money for Uber or Airbnb. No one says anything about apartment complexes that offer compensation if you refer someone and they end up signing a lease. So I do not understand why people only target their skepticism towards this. It is the same principle. If Grambling said your tuition will be free if you could get 3 students to enroll for the semester, then what would you do?

At the end of the day, I am learning a skill that can pay me for the rest of my life. I made the investment and have seen the return already. Trading does not require me having to work for someone else. I am not limited to a certain amount of money I can make a day. This is tax free money. I think it is something everyone should research and look into.