/07/28 · Forex trading first became available to retail traders in the late s. 2 The first handful of years was wrought with overnight brokers that seemed to pop up and then close down shop without notice. The common denominator was that The main reason behind Forex getting popular and more common is the opportunity of having additional income, or replacing the job you have with trading that offers more flexibility and higher income, if done right /04/12 · Forex trading. Before too long, Mootz’s shares had almost doubled in value. She went on to invest in two German banks, Commerzbank and IKB. A year later, she had made a % profit on these investments. At the age of 83, she decided that she had a natural genius for financial trading, and proceeded to get down to serious blogger.com: Business Woman Media
Successful Forex Traders And Other Rags To Riches Stories
The list of self-made millionaires who came out of nowhere without the advantage of family money, education or privilege is regrettably small. The number of these who happen to be women is sadly even smaller.
One notable exception is Ingeborg Mootz, who became something of a sensation in Germany in the early s. She has since become something of a role model for both women and the elderly entering the financial trading sphere for the first time.
Additionally, Mootz cuts something of an eccentric figure, a character straight from the pages of fiction. Yet for someone who story behind forex trading so well-known, the public facts about Mootz are few. A very private person, she seems content to let the bare bones of her story be reconstructed as a modern mythology.
Mootz was born in the tiny German village of Griessen in Griessen is part of the municipality of Klettgau in the south-western state of Baden-Württemberg. She grew up as part of a large and extremely poor rural family, and at story behind forex trading age of 17 was married to a man who singularly failed to lift her out of her dire economic circumstances.
Suddenly, she was left with no income bar a small pension. However, some months before he died, her husband had bought shares in the German energy company VEBA. Despite her poverty, Mootz decided not to sell these shares but to hold on to them. It was a fortuitous decision. InVEBA merged with the industrial enterprises corporation VIAG to become E. Over the next few years, E. ON acquired several other energy providers around the world and became a major global player in the energies market.
She went on to invest in two German banks, Commerzbank and IKB. At the age of 83, she decided that she had a natural genius for financial trading, and proceeded to get down to serious business.
She entered the forex market. Over the next few years, Mootz made several million euros, armed only with a newspaper and a telephone. Mootz became one of the wealthiest women in the world and wrote a short book about her methods, somewhat fictionalized, called Stock Market Detective.
It sounds obvious, but story behind forex trading fact, this is easier said than done. Mootz studied the financial pages thoroughly and taught herself the art of trading.
Staying up to date with the latest financial news is essential if you hope to emulate her success, as is keeping on top of global events that may affect currency values. She came from a background far more disadvantaged than most, and with no prior experience, education or connections, started trading in her 80s to enormous success, story behind forex trading.
Most of us may never become millionaires like Ingeborg Mootz, but she proves that age, gender and economic background are not always the determining factors when it comes to making money on the financial markets. The takeaway here is that if Ingeborg could do it, story behind forex trading, then so can you. They understand that success is a journey involving personal growth, savvy optimism and the tenacity to be the best. We believe in pragmatism, having fun, hard-work and sharing inspiration.
Your email address will not be published. Save my name, email, and website in this browser for the story behind forex trading time I comment. Menu Confidence Leadership Career Woman Boss Lady Boards Business of Men. Confidence Leadership Career Woman Boss Lady Boards Business of Men. Career Woman The story behind how Ingeborg Mootz became a forex millionaire in her 80s By Business Woman Media.
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HOW I GOT STARTED TRADING FOREX - RAGS TO RICHES STORY - FOREX EXPOSED - TYLLIONAIRE
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/04/12 · Forex trading. Before too long, Mootz’s shares had almost doubled in value. She went on to invest in two German banks, Commerzbank and IKB. A year later, she had made a % profit on these investments. At the age of 83, she decided that she had a natural genius for financial trading, and proceeded to get down to serious blogger.com: Business Woman Media /07/28 · Forex trading first became available to retail traders in the late s. 2 The first handful of years was wrought with overnight brokers that seemed to pop up and then close down shop without notice. The common denominator was that Here is My Forex story: I am a Forex trader with about six years experience! I started Forex trading because I read about it and found out it had huge investment potentials; however, I did not fully understand the risk involved nor the dynamics of the Forex market. With very basic training, I jumped into live trading and the Forex market did not spare me at all
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