foreign currency exchange rate chart
8 million, much of which was of course unrecoverable, having been spent or squandered during the heyday of his once great career. As proof that a successful life in forex fraud doesn’t require any stellar diploma from a university or years of proven experience, Russell Cline began his meteoric career as a house painter in Baker City, Oregon. Through a dashing, confident attitude to life in general and the audacity provided by his utter lack of knowledge or understanding of the forex market, he was able to lie persuasively by offering his clients risk free managed accounts facilitated by his sophisticated trading techniques. After netting around $27 million from 600 clients between 1998 and 2002, Mr. Cline declared that he had lost 97% of the funds, blaming his failure on faulty but honest trading errors. He requested additional funds to continue his rising career as a forex fund manager. To cut a long story short, it was eventually discovered that he had spent all the client funds on private jets, real estate, boats, luxury cars and pornography. He was sentenced to 8 years and 1 month in prison and was ordered to pay $14. 9 million in restitution to clients. Ultimately, you’re free to do whatever you want with your own money. You are free to turn each penny into thousands of dollars, but you are also free to turn your millions or thousands into pennies or nothing, if that is your desire.
how to start trading stocks
Some sites to get you started include Fotolia, ShutterStock, Dreamstime and iStockphoto.
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There you will find a genuine group of price action traders all helping each other and discussing potential setups in real time market conditions, for more information check out my Price Action Trading Course page here.
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foreign currency exchange rate chart