So you want to learn Forex? We think you’ve come to the best place, IM Mastery Academy. However before you sign up for the service we’d like to take a moment, just sit right there, and we’ll tell you how we became the Prince of Bellaire.
Wait. Right idea, wrong words! Seriously, we really, really, REALLY want you to read this page. Why? Quite simply we think it will give you a reasonable idea of what to expect in IM. We’ll inject some humor into this page to hopefully make it a bit more enjoyable for you.
What is IM?
If you haven’t read about what IM is, and is not, then please do so.
If you don’t read these articles, then you really don’t know what you are getting into.
About IM Mastery – What is IM? – IM FAQ
What happens when I sign up?
Once you sign up for IM Mastery Academy, you have quite a few options available to you. The first thing we recommend that you do is go through the IM Academy. We don’t care if you already know Forex, or think you do, or think you’re too cool for school. It’s time to unlearn everything you think you know, and start from scratch.
Plan to spend 15-20 hours on the videos and taking notes. Yes, we know you are busy, have jobs, have kids, spouse and other responsibilities. However, if you don’t learn the basics you are going to be wasting your time as you continue your journey.
What if my payment is declined?
Unfortunately too many people join IM thinking they are going to become overnight millionaires. When they don’t they call their bank and ask for a refund. Due to this, there are banks who have stopped working with IM Mastery.
Thankfully, there are ways around this. Shoot us an email if you need some ideas. However, IM does accept Bitcoin as payment.
Also see our article on declined payments.
When can I quit my job?
Look. We’re not going to tell you that you can quit your job. Too many people want to learn Forex and think they’ll be rich in a month.
BREAKING NEWS! You won’t. In fact the reality is that you’ll most likely lose all of the money in your trading account at least once. Hate to break it to you, but you’re going to suck at trading at first. The good news is that everyone sucks at first, so you have company. A lot of it.
How much should I start my trading account with?
This is a simple answer. How much can you afford to lose?
Seriously. Pick an amount of money and just kiss it goodbye. Remember, you’ll most likely blow your account early on. No reason to put thousands of dollars in it if you’re just going lose it.
The reality is if you can’t grow a $100 account you won’t be able to manage a $1000, $5,000 or $10,000 account.
This all sounds negative!
Some would argue this is all negative. However we see it another way. To us it’s what to expect in IM and Forex trading. We don’t want you to join if you think you’re going to make a million bucks the first year. Sure, there are stories of people who have done that, but let’s be honest with each other. That ain’t gonna be you or me. Just not gonna happen.
We’ve also seen marketers out there who will embellish the truth (okay, LIE) about Forex trading being a cure for all that ails you. We’ve seen them say you’ll made $
What are the benefits of learning Forex?
A very good question. Glad you asked!
The simple answer is that learning Forex is a skill that can’t be taken away from you. As you learn the concepts and ideas of Forex trading, you have a skill that you can use in a variety of ways.
You could use this skill to improve your retirement account, add to your emergency savings, or use it as your primary source of income. All of these are very possible, and attainable, if you have the proper discipline and training.
A lot of times if you ask someone why they are getting into Forex you’ll get the standard answer of “time freedom” or something else. While that’s somewhat true don’t let ‘money’ be your main reason for joining. We can tell you from experience that when you start trading with your back against the wall, and ‘have’ to make a certain amount of money in X time period, you will end up losing that, and more.
Forex can be very exciting and rewarding. Just don’t expect to quit your job in a week, nor be a millionaire in a month. Neither of those are going to happen.
We hope this has given you more clarity as to what to expect in IM. Forex isn’t a quick solution to any problem you may have. However, it is something that could be very rewarding to you. It does come with risks, though. Make 100% sure you have read our disclosure.