What do millionaires make money on?.
Almost all advertising promotes making money on the Forex market, promoting currency trading as the most profitable form of trading.
At the same time, it remains a mystery why most financiers who made their fortunes traded other assets.
In practice, currency pairs prove to be the riskiest and least predictable instrument compared to other assets available on the MetaTrader 4 trading platform.
It's even more unclear why currency pairs are specifically advertised when MetaTrader 4 offers dozens of other interesting assets.
But to be sure, let's look at how millionaires and billionaires make their money.
Richard Dennis , also known as the "King of Futures," traded futures, as his stock market nickname suggests. He is also known as the founder of the " Turtles, " a team of novice traders who quickly and consistently made money.
Richard's favorite trading instruments were futures such as wheat and corn, and it was through these that he amassed a multi-million dollar fortune.
Warren Edward Buffett is one of the most famous financiers, with a net worth of over $100 billion.
He made his multi-billion dollar fortune by investing in undervalued stocks, and it was these securities that brought him enormous profits.
John Douglas Arnold , one of the youngest billionaires, is the founder of an energy hedge fund and profits from energy.
Paul Tudor Jones II has a net worth of $4.5 billion. He began his stock trading career trading cotton, then moved on to trade oil, grain, government bonds, and indices.
John Paulson 's net worth is estimated at between $6.5 and $8 billion. Again, his primary sources of income were stocks, bonds, and gold.
History contains hundreds of equally impressive examples of fortunes made through trading—futures, metals, or securities. There are far fewer cases of impressive gains in the forex market.
Forex offers enormous earning opportunities thanks to high leverage, but it also carries equally enormous risks when using this leverage.
Therefore, if you decide to trade, carefully consider which asset to choose; you can easily find all available options in your broker's specifications .
