‘FOREX TRADING ON IG’

On Instagram if any of you have been looking there are people who live the ‘luxury’ life from home doing Forex Trading & sending people signals etc.

Does anyone know what they’re doing & how they make there money? One guy says he uses MetaTrading app on the iPhone & he makes money when people sign up but I cannot see an affiliate link anywhere to see how to get involved. Plus where do they find the signals etc.
Are any of these real or are they all jut b*****t.
Any help, please let me know.

Hmmm a few times i tried to get some money through Forex market, i think you need to have someone with good knowledge to get money or u need to buy a good indicators.

For the most part "signals" are either bullshit, or self fulfilling prophecies that only benefit the first person in the door. It really depends on the size of the influencer peddling those signals.

For Example:
In the cryptocurrency markets I could make money off Haejin's (one of the larger influencer) signals but not in the way that Haejin intended. I had an SMS service that would text me the second a new post went up, along with other tools to let me know when he had posted something. If I was at the PC at the time I'd grab whatever he was talking about (I'd never read more than the title), wait 20 minutes, then sell for a 25% profit most of the time.

They make their money promoting those apps not from trading. Most the money someone like Bilzerian makes is from marketing, from his image and from poker perhaps.

Let me tell you something about FOREX traders.

On average after 7 years:

The very very best come out with a few % gain. Some, very few, like one or two in a thousand, come out rich.

The average trader comes out with 50% their original investment.

The bad trader loses it all and then some via reckless margin trading.

These are statistics from large fund managers, not random citizens. These are people who work for Soros and for JP Morgan, all "professionals". As you can see the markets almost always win. Only a few, very few, become Soros. The rest comes out losing half their money or more.

i know some are real as i have friends how earns money from this.
but I think some should be fake too, there can't bee to much sucessfull people