NORTH PORT, Fla., July 30, 2014 /PRNewswire/ -- Forex Peace
Army CEO, Dmitri Chavkerov, has
revealed that donating a percentage of his trading profits to
charity is the reason for his success - and that aspiring forex
traders who want to acquire wealth should follow suit.
Photo - http://photos.prnewswire.com/prnh/20140729/130786
Photo - http://photos.prnewswire.com/prnh/20140729/130785
Renowned for creating one of the world's leading forex trading
information websites, Dmitri Chavkerov attributes the ability to
live a rich and fulfilled life as a key factor in determining
long-term trading success. He believes that traders who avoid
greed, commonly known as the 'fat cat syndrome' always perform at a
better level, compared to those that don't.
"Many people adopt forex trading to accumulate personal wealth
to obtain more material possessions. Achieving this goal through
society's structure of traditional jobs and businesses is becoming
very limited, that's why forex is appealing. But this desire to
become a 'fatter cat' with the biggest house, the most expensive
car, or simply the most amount of money in the bank is flawed,"
says Dmitri Chavkerov of Forex Peace Army.
"The truth is that the world's most successful businesses serve
other people. This insight was revealed to me by a good friend who
established a string of reputable businesses. After a period of not
seeing each other for a little while, we met up in Italy to catch up. I explained that I was
trading forex and how I intended to make a profit from that
activity. He met my explanation with answer that has stayed with me
"He explained that all of his businesses were based on providing
the best service to make it something people highly valued. For
instance, he started his Italian restaurant business simply because
he wanted to cook the best food in town. It's this vision that made
him successful. He went on to create a successful pizza business in
the US for the same reason - he just wanted to make the best pizza
in his neighbourhood. This approach also worked for a venture in
the housebuilding industry. His goal was to create a housebuilding
business which provided fantastic quality for a fair price. This
led to that business being a success too.
"He then proceeded to ask me who my forex business serves. It
was a question that caused me to rethink my approach to
This insight caused Forex Peace Army CEO Dmitri Chavkerov to accept the truth that most
people who pursue forex become overwhelmed by self-interest. The
'fat cat syndrome' can manifest itself in the minds, emotions and
bodies of traders who start their journey with the most noble
It's here that the concept of giving can provide balance to
aspiring forex traders. It seems counterintuitive at first,
explains Forex Peace Army CEO Dmitri
Chavkerov, but it's a powerful way for novice traders to add
value to their trading activity and attract
"I was once told that in order to become a millionaire by my
30th birthday, I needed to do three simple things: donate 10% of my
income to charity, save 30% of my income and practice meditation on
prosperity every single day for one year. The man was named Master
Choa Kok Sui, and it's some of the best advice I have ever
received," says Dmitri Chavkerov of Forex Peace Army.
"As the founder of Forex Peace Army, I'm constantly questioned
on how to develop a trading strategy to create wealth. My answer is
always the same: give at least 10% of profits to a charitable
cause. I have been giving more than 50% of my total income to
charity since becoming a millionaire. Those who are approaching
that threshold should consider doing the same."
Many forex traders from across the globe have trusted Forex
Peace Army and Dmitri Chavkerov to provide clear guidance on
obtaining optimum positions in the market. In addition, the
organisation and its CEO have publicised many trading scams which
aim to accumulate wealth quickly.
"It's extremely important that traders become channels for
giving and avoid the trap of becoming obsessed with material
gains," explains Dmitri Chavkerov of Forex Peace Army.
"While it's true that struggle, poverty and suffering destroy
our bodies, those things keep our souls healthy. An obsession with
material wealth is the only thing that is worse than struggle,
poverty and suffering - simply because it ruins our souls. A
material perversion of this kind can make our quest for
accumulating wealth a very difficult journey."
Forex Peace Army
Tel: +44 01543 305 996
SOURCE Forex Peace Army