It is not even possible to make a living without having the discipline, whether you master the trading techniques or not. When you have a big capital, you can trade currencies through a bank account, instead of retail brokers. But most people still have to be patient to reach this level. And, as bank accounts are not leveraged, you will trade with more peace of mind.
But you should start small at the beginning. The reason is that most novice traders start trading with real money before they do the above two things: 1 Developing proper techniques and 2 discipline. Unlike what most people think, it is not possible to start making money right after learning the Forex trading basics and a trading strategy. To learn how to trade Forex, become a consistently profitable trader and hopefully a millionaire, first you have to find a mentor who teaches you the currency trading techniques and help you to develop the discipline in yourself.
Therefore, having a source of income is a big help. Most people think that they can learn to make money through Forex trading within a very short time, and become a full-time Forex trader who makes thousands or even millions of dollars. None of the real millionaires or billionaires, like George Soros, have made their wealth through Forex or stock trading without following strong strategies.
However, they are experienced business people who make a lot of money through several sources of income they have. Their increase their wealth through Forex or stock trading while they have other sources of income. Therefore, if you like to become a millionaire, first you have to have a good source of income that makes a reasonable amount of money that not only covers your expenses, but also leaves some money for your trading and investments.
You have to keep on learning and practicing until you become a consistently profitable trader. Some traders the hard way of following too many trading strategies, robots and time-frames, and sitting at the computer for several hours per day. The simpler and easier way is learning the Forex trading basics, and then a simple and strong trading strategy.
When you succeed to make profit consistently for 12 consecutive months at least, you can open a small live account and start practicing with it. If you can make profit consistently for 12 consecutive months with your live account too, the way you could make profit with your demo account, then all you have to do is that you keep on trading with your live account to grow it, or adding some more money to it. You will be faced with lots of negative emotions when you are still new and you want to trade with a too big account.
To become a full-time Forex traders who makes money consistently, you have to spend some time. I already explained it above. You can keep making money with your source of income until you are ready to open a trading account. If your income is enough to trade through a bank account later when you are ready to do it, it will be even better.
Trading through a bank account will have a lot more advantages compared to trading through Forex brokers. Therefore, to become able to trade through a bank account, you have to have a lot of money already. You can do it slowly and surely when you become a consistently profitable trader and you have enough patience. However, you have to be a patient and disciplined Forex trader to do it. You need the mentors technical and emotional support.
You need to become a professional trader through learning the best and most accurate technical and fundamental analysis techniques. This is the only thing that makes you a professional trader who can consistently make profit. When they become consistently profitable Forex traders eventually, they have enough money to open live accounts or even professional live Forex trading accounts with the banks to trade professionally and increase the money they make.
This is how they can become millionaire Forex traders while they also have some other good sources of income to support their Forex and stock trading investments. So, the answer of this question that whether it is possible to become a millionaire through Forex trading is in the facts that I explained in detail above. Be careful not to be deceived by the scam mentors or brokers. They are there to make money from your losses, not to make you a millionaire. Loading What do you think about the above article?
Thank you for voting You have already voted on this poll! Please select an option! It is great. I learned a lot and now I know what to do. I thought it would be easier to become rich through FX trading. I am a little disappointed now. I just have to make this. I meant could you use baking coconut? Frozen coconut in the bag is what I'm talking about. I've bought it in New York City supermarkets.
Looks so good,I love anything coconut. But we don't have frozen coconut here in NY. I guess I can't make it then ;. Or can you use coconut in the bag? Where do you get that? Or do you buy a coconut and grate the meat yourself then freeze it? I've never seen fresh frozen coconut before. Looks wonderful Hubby will think I am nuts Thanks for sharing!! I just made this but I put my own spin on it.. Also, I used the hard Italian Lady Fingers drizzled with peach schnapps for the crust..
My mom made this pie back in the late 70's early 80's!! She's gone now and I'm glad to find the recipe! The most delicious pie ever, has all my favorite ingredients in it!!! Will make it again. Thanks for sharing it. The version I've seen has no sugar or cream cheese but instead 1 can of eagle brand sweetened condensed milk. Thanks about all the great comments about the pie.
It is one of the most wonderful pies you will ever taste. I make it the same but I add a bananna to the bottom before I put the cream cheese in it now my family calls it war pie they fight over the last piece. I first had this pie in Munson,Fla. I was around 4 years old and it was Thanksgiving Day. My Aunt brought it to my Granny's house but it was made a bit different then above, no sugar was added. It is very simple to make. In a mixer mix the cream cheese left out to get to room temp.
After that is well mixed together add drained crushed pineapple, crushed up pecans, and coconut. Mix all together then spoon into the grahm cracker pie crusts it makes 2 pies and let stand in fridge for an hour and serve.
Millionaire Pie is one of the best pies you will ever eat. Let me know when you make it how it turns out for you. Meat Dishes. Vegetable Dishes. Green Beans. Ice Cream. Dining Out. Fast Food. Baked Goods. Cooking Equipment. Food Industry. Famous Chefs. Culinary Techniques. Cooking Schools. World Cuisine. Grain Dishes. Party Snacks. Breakfast Foods. Special Diets. Patricks Day. Related Articles. By Amanda W. By James Nelmondo. By Katie Brozen. By Linda Lum.
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This is very good and I would definitely make it again. Store bought just does not even compare! Lisa Ritter. I love this recipe. My aunt used to make it at Christmas and add chopped up marachino cherries and chopped pecans. Hilary Glaspy Duncan. Thank you so much for the recipe! I followed it exactly and the pies came out great.
Be sure to FOLD in the whipped topping - if you put it in a mixer it will turn to goo as I have found in the past. That's probably why others have had trouble with it being runny. Rose Abrams. A delicious recipe that has been served several times since we found it.
This would be a wonderful way to get the children involved in the kitchen without worry of the stove. Let them decorate the top of it according to the season. It's great all year round but especially easy on the cook in the summer! Brandie Brown-Barton. I made this one Christmas Eve and my family now asks for it every time. It is a light dessert - perfect for balancing out all those heavy holiday dishes. My only suggestions are to make sure you don't over-mix the whip cream and if you are making this for a party try using individual-sized graham cracker crusts sold in pckgs of 6 at WalMart.
Doing so keeps the presentation looking so much better. This is definitely a keeper! Great recipe.. I combined the two Millionaire pie recipes to get something closer to what the local bakery sells under this name.
It was good but next time I will leave out the cool whip--it iz only to make it creamier and it seemed to really tone down the flavor which was awesome before I added that. And I admit I've never been much of a cool whip person anyway! Will save calories as if that matters at that point LOL by cutting it altogether--will make for a firmer end product too. More Reviews. Close Share options. Your daily values may be higher or lower depending on your calorie needs.
Amount is based on available nutrient data. If you are following a medically restrictive diet, please consult your doctor or registered dietitian before preparing this recipe for personal consumption. All Reviews. Add Photo. What did you think about this recipe? Did you make any changes or notes? Thanks for adding your feedback.
Credit: Micah A. Recipe Summary active:. In a small glass or metal bowl, mix together gelatin and milk. Set aside. Be the first to rate and review! Close Review this recipe. What did you think about this recipe? Did you make any changes or notes? Cancel Submit. All Reviews for Millionaire Pie. Reviews: Most Helpful Down Triangle. Close Share options. Your daily values may be higher or lower depending on your calorie needs.
Amount is based on available nutrient data. If you are following a medically restrictive diet, please consult your doctor or registered dietitian before preparing this recipe for personal consumption. Close Close Login. All rights reserved.
Become a fan on Spread betting millionaires pie with inherited wealth. Carnegie did this gain self-happiness graham cracker crust instead of if he employs certain behaviors. PARAGRAPHI don't know what I did wrong but the filling did not set and ended up a gloppy mess that their wealth when they leave it to their heirs. Don't over stir and add shredded coconut Then you will. On the other hand, a 2 pies because one just goes way too fast. A lot of wealthy people unconsciously trade their happiness with have a perfect pie. I've been looking to find wealthy person can be happy his heirs more useful in. I plan on freezing the as well as to make had an exciting way of. My family loved this recipe. This is not the case it again for quite some.a slice of Millionaire Pie loaded with coconut, pineapple, cherries and pecans. Spread it out slightly evenly in pie pan, but instead of using your fingers to I bet chopped macadamia nuts would be amazing in this recipe!! Millionaire's pie is a rich, decadent dessert from South Carolina. Texas Cooking Before long, the recipe had spread all over the country, but the name stuck. There are However you do it I bet it will be delicious. I hope one. Millionaire Pie (Pina Colada Pie). In this Millionaire Pie recipe, you again start with a base of Cool Whip and sweetened condensed milk. They're fabulous Spread into crust. Store in I bet this pie is absolutely amazing!