FOREIGN EXCHANGE IN INDIA: AN EXAMPLE OF SUCCESS
Once traveling by taxi from Delhi to Mumbai on a
business trip regarding currency
exchange, I got acquainted with the taxi driver. For time being too much
before reaching Mumbai, an intimate and pleasant conversation was struck up
between us. The taxi driver was complaining of not having enough financial
means for living a well-to-do life. Then a question conceived my mind:
-
Look here, Dippek, what would you do in case you had $100 000?
-
I would invest
it in the bank, enlarging the amount of my money due to percents.
His reply made me realize that he was not aware of
bank percents not being a source for increasing the income. This is one of the
most widely spread misconceptions about making big money. So I wondered if he had any notion about currency exchange. I had a long
educational conversation with him, introducing all the details of foreign
exchange market, particularly about Indian
Fx market. I told him how rapidly it
is spreading through the country and how many real successes have been recorded
by Indian traders. At the end of our conversation I gave him a Forex manual and
left my visit card.
A few days later, overloaded with work, I had almost forgotten about the taxi driver, when the latter rang me up. Honestly speaking, I was agreeably surprised to know that he had been so much interested in Indian Fx market that had already opened a real account. But what made me more surprised was that without having any previous experience he had made a profit of $1500, the initial deposit being $200. By all means it was the result of luck. In order to insure him from further notable losses, I advised him to go deep into all nuances of Forex trading, studying all analysis methods and indicators. Seven months have passed since that day. Today Dippek is one of the most famous and successful traders in Indian fx market.
A few days later, overloaded with work, I had almost forgotten about the taxi driver, when the latter rang me up. Honestly speaking, I was agreeably surprised to know that he had been so much interested in Indian Fx market that had already opened a real account. But what made me more surprised was that without having any previous experience he had made a profit of $1500, the initial deposit being $200. By all means it was the result of luck. In order to insure him from further notable losses, I advised him to go deep into all nuances of Forex trading, studying all analysis methods and indicators. Seven months have passed since that day. Today Dippek is one of the most famous and successful traders in Indian fx market.
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