Thanks for visiting. This Blog and is intended for individuals with Net Annual Income of $105,000 or more. Get Rich Slow + Get Rich Quick = Get Rich Slick. If you're new here, you may want to subscribe to my RSS feed.

Years ago when I was heavily into Forex trading, I was a member of a rather large forum where people would post comments and exchange ideas on the currency markets.    You would think my most memorable experience would have been learning about forex charts, fundamentals, technicals or even how to read the news and Federal Reserve minutes but you would be wrong.

The most memorable experience was with a poster named “Flying Eagle” who was a die-hard American patriot.  There was nothing wrong with his patriotism except that it was leading him to losses.    The freshly minted Euro was just taking the world by storm and Mr. Flying Eagle kept shrugging it off and insisted that the US Dollar would always reign supreme.   As months passed and the USD started slipping against the Euro and other currencies, Mr. Flying Eagle kept placing heavier and heavier bets on the premise that the USD would rally.

Mr. Flying Eagle would post articles, link to sites and create long convoluted arguments  to defend his position that the USD would rally.   We would get into frequent heated discussions about the fact that the US had huge growing trade and fiscal deficits and there would be no way the USD would rally.   I explained that Europe had a populous of 700 million and it would be increasing difficult to compete against a united europe and their standard currency, the Euro.

After about 14 months it became apparent to Mr. Flying Eagle that the USD was not going to rally and I never knew how much money this guy lost but playing in the currency markets takes a bit of capital even when trading mini’s.    I was sure of one thing though, patriotism killed his profits.