 Today I'm going to be speaking to you guys as to how, you know, forex traders can go about making money from the forex market without actually having to trade is actually crazy, right? What prompted me to do this video was I saw somebody send me a message on Instagram saying to me that hello, sir, I'm a forex trader. However, I'm quite good at what I do, but I'm not just making enough money from the market because I don't have that much capital. And, you know, my returns are not so fantastic, although I'm profitable, but my returns are not so fantastic. So I was like, hmm, so then I started to think about, you know, ways that forex traders can actually go about making money from the forex market, or rather how forex traders can go about getting a job within the forex industry without actually having to trade. All right, guys, so the first thing we can go about making money or rather the first thing we can go about getting a job as a forex trader within the forex industry is by looking at investment banks. Now, I remember whilst I was in first year of university, I must have, because my plan was to become an investment banker. That was my passion. I just wanted to be an investment banker because investment bankers make so much money. So I intended an investment bankers' career fair whereby I had a lot of people that were, you know, my contemporaries. I think I was in about first year of university at the time. They attended the career fair with me. Most of them was probably studying economics, physics, math, all the finance related courses they were studying. But as time went on, after the event was done, I realised that, obviously, so we started networking and we started interacting. And I noticed that all the banks, so about 11 banks were, you know, how career fairs get right, whereby you have so many organisations just around wanting to recruit, you know, young and bright minds. So I realised that most of the banks that were there were more interested in me as a person because I already knew how to trade. I was already trading. I wasn't a millionaire. I wasn't making crazy money, but I had a portfolio. I had a track record. At least I had tried. I understood what Forex was. I could interpret a price action chart, so they loved me. I remember getting about three offers that day. People wanted us to call them back. I never really followed up because, you know, I just, that's when I actually decided to work for myself. I was like, I hate a nine to five, but for you guys who don't mind working for somebody else. All you need to do is go on LinkedIn, look for the top 30 investment banks in the world. Some of them are based in New York. They don't have to be based in, they don't have to be located where you are right now. They're, you know, just look for an investment bank. They're over 35 to 40 of them on LinkedIn. Just look for them. Some of them are based in New York, Dubai, Sydney, Paris, London, Toronto. All these really nice cities, investment banks have their HQs there. So all you need to do is go on LinkedIn, go on their profile and go to the carrier section. You will see that they're actually looking for traders. It doesn't have to say, I'm looking for a forex trader. They never say that they're always looking for equities, traders, derivatives, traders, all sorts of traders. But the truth, the fundamentals of trading still remain the same. Do you know how to read a chart? Most forex traders know. Well, they might not be that great at reading a chart, but they understand the basics of the chart that is a job opportunity for you. So guys, the first way you can go about getting a job as a forex trader in this industry is by approaching investment bands. Apply to them, tell them, hey, I can trade, put together a really nice portfolio. Obviously, of your trading, you don't necessarily have to be a profitable trader. Just show them. They just want to see that you started on your own. Guys, they will rather take somebody who already knows how to trade than have to teach somebody from scratch. Take it from me. All right, guys. So the second way you can actually go about getting a job as a forex trader within the trading industry is approachable hedge funds. Hedge funds are quite similar to what I just explained, which are investment banks. Hedge funds pretty much do the same thing, but they are a bit smaller than investment banks. Is the chance of you getting into a hedge fund is a lot higher than the chance of you getting employed by an investment bank. Not saying that you shouldn't go after investment banks, but hedge funds are pretty much within range for you. Hedge funds, the good thing about hedge funds is that they are pretty much located in your country or wherever it is you're watching this from. They're headphones all over the world. Literally, a fund can have maybe two million dollars on their management and they're looking for a trader. You can apply to them. It's trust me, it's a lot easier for you to get a job with a firm that is a hedge fund that is just starting out than to get a job in an investment bank. Not saying you should not try investment banks. I'm just saying this is another way you can go about getting paid to be a trader within the trading industry. So guys, the second way you can go about it is hedge funds. Hedge funds are financial institutions who trade on behalf of their clients. They have people invest in their fund and then they deploy these funds to different investment opportunities. Sometimes they allocate about 30 percent of the market. So if you're a market genius, if you're an analyst, you don't have to be a profitable trader. If you're an analyst, you can apply to this big bank, this big hedge funds and they will give you a job. Just be grounded. Do some now, guys, you need to do some home study. You need to do some work. Do some research, improve, brush up your trading, man. And approach them, say to them, hey, this is what I've been doing. Your portfolio doesn't even need to be that big. A thousand dollars portfolio. Just show them you've been able to return 35, 40 percent. Put it together over a period of 12 months. Just show them that you have tried, guys, it will make you stand out way, way beyond anybody who's just way beyond a first class graduate who studied mathematics in Harvard. They will take you who has experienced the market because it's not the market is not theoretical. It's practical. OK, they want people who have tested, they've tried the market, people who have tried and failed, people who understand what market psychology is about, what trader psychology is about, who have experienced firsthand emotions of getting whooped by the market. So guys, the second way you can go about getting the job within this industry is by approaching hedge funds, give them your CV and speak to them, chances are that they're going to give you what an opportunity. All right, guys, so the third way you can go about getting the job within the forest industry is known as an avenue called consulting. Now, guys, this is the category I fall under most of the time. I trade for myself, I trade for clients, but I do a lot of consultation. So what I'm doing right now is I'm consulting, right? I consult for clients. I tell them this is my opinion of the market. If you scroll down to my channel, you see that I always put out I always put out analysis, right? So I come on here, I analyze the market, I consult. Most of this analysis gets sent off to very wealthy individuals who trade based on my analysis. Obviously, I'm a very good trader. I've been doing this for about I've been doing this for about eight to nine years now. So it's only natural for my analysis to be spot on. But what it is, is I put together clients and I send them across to various investors who are affiliated with myself. I consult for them and I show them, hey, this is what I feel the market is going to do. At this point, feel free to buy. This is where your stop loss should be. And this is where you should take out your profit. And what happens is that most of my investor clients that I consult for end up making a profit. So what they do after they make a profit is they send me a percentage of their profits. And then, you know, I'm just happy to send me all this money and I'm just chilling. I just sit right here, open up my charts, do my analysis, dispatch it out to everybody. Everybody makes money and then they cut me a commission and everybody's happy. So this is another way you can go about making money as a forex shooter within the trading industry without actually having to trade. And this is absolutely fine. I know a lot of analysts out there who do the same thing. So guys, do not be discouraged if you're not making crazy money from the market. There's still a chance for you. All right, guys. So the fourth way you can go about getting a job within the forex market without actually having to be a profitable trader is known as being a contributor. If you go on various blogs, if you go on various trading websites, you tend to see a lot of these analysis, some of most of them are trash anyways, most of them are trash. But if you know how to analyze the market, you can potentially approach this blog and tell them, hey, using my analysis, they work up pretty well. Can I be a contributor on your blog? What starts to happen is when people go on these blogs and then they see your analysis and your analysis actually helps them trade more profitably, what happens is that the contributors, not the contributors, the owners of the blog start to pay you per hit. They pay you per how many people view your posts, your analysis. And that's how you start to make money. Just for all you need to do is just open up the chart, analyze and then post on the blogs and just feed your information, provide value. It's all about providing value and having people pay you back in return for your value. All right, guys. So the fifth way you can go about making money or getting a job as a forex trader within the forex trading industry is by working for a brokerage firm. There are so many forex brokers out there, guys. Forex brokers need staff. Now you already understand how to trade. You know how everything works. You can put together your CV, tell them I can work for you as an account manager. I can work for you as a sales manager. I can work for you in advertising, in marketing. Once you know how to trade, just take on add some more skills to that and then you can approach this brokers and say to them, hey, I'm already well, trust me, they would rather take an account manager who already knows what forex is about and who can trade the market properly as opposed to an account manager who knows enough because most of these brokers have to train their staff anyways. So they'll rather take you who already knows how to trade the market. They'll rather take you over the next guy. So guys, your forex skill is very, very crucial. And you can also help people plan events. The forex people are always planning events every now and then up and down the whole place. Guys, all of what I've said today, if you actually sit down and like actually try all the strategies I've told you guys, you will actually get picked up. You can actually, you will actually get a job within the forex industry without having to trade profitably for yourself. So guys, I hope I've been able to provide you guys value. I hope you guys understand that you can actually make money from this industry without actually trading the forex market. So guys, kindly drop me a comment below if you found this video helpful and don't forget to smash that subscribe button and drop a like if you found this video helpful. Alright guys, I'll catch you in my very next video. Take it easy and peace out. Bye.