Dmitri Chavkerov of Forex Peace Army Says That Traders Should Resist the Temptation of the Fat Cat Syndrome to Be Successful

NORTH PORT, Fla., April 15, 2014 /PRNewswire/ -- Dmitri Chavkerov, the CEO of Forex Peace Army, believes that every successful forex trader is supposed to accomplish three things in their lifetime: to make at least 50 forex babies, take at least one lavender bath with salt before sleep, and to donate at least $1 million to charity.

Photo - http://photos.prnewswire.com/prnh/20140414/73119

Photo - http://photos.prnewswire.com/prnh/20140414/73120

As the founder of the world's most prominent forex trading information website, Dmitri Chavkerov believes that those traders who resist the temptations of greed, also referred to as the fat cat syndrome, will achieve long-term trading success and lead fulfilled lives.

"Most of us get into the forex trading business in order to become fatter cats. We want a bigger house, a more expensive car and to eat in more expensive restaurants. Our jobs and businesses are the traditional means of achieving this, but aspiring traders open their forex accounts with the intention of replacing this accepted way of making money," says Dmitri Chavkerov of Forex Peace Army.

"I used to think this way until I had an eye opening conversation with one of my most trusted friends from Italy. We were catching up with each other and he asked what I was doing. I explained that I was trading forex and the mechanics of how traders make a profit.

"His reaction took me by surprise. He told me that when he lived in Italy, he wanted to cook the most delicious food in town. That's why he opened his own restaurant, and that's why he became successful. When he moved to the United States, he wanted to make the best pizza for people. That's why he invited everyone he knew to a big feast, which led to his catering business becoming successful. He then explained how he started to build houses for people, in a way that delivered high quality at a fair price. This approach made his house building business a success too.

"The point he was making was that his businesses were successful because they served other people. He then asked who does my forex business serve?"

It's this question that led Dmitri Chavkerov of Forex Peace Army to recognize that most traders are leading a life of perversion, a life of fat cats. It's a perversion of the mind, emotions and body that can cause the most noble quests to become dominated by self-interest.

"We as people have to remember one simple truth. We live in a very loving and caring spiritual environment. This environment has many personal and impersonal aspects. Those who focus on personal aspects of this environment call it God, while others who focus on impersonal aspects of this environment call it the universe," adds Forex Peace Army's Dmitri Chavkerov. 

"Struggle, poverty and suffering exist for one simple reason. That reason is that struggle, poverty and suffering destroy our bodies, but keep our souls healthy. What's even worse than struggle, poverty and suffering is material perversion, also known as the fat cat syndrome. Simply because it ruins our souls.

"So unless we become channels for giving and learn not to pervert ourselves even further with material possessions, our path of accumulating wealth will always be a very steep uphill battle."

For the past eight years, Forex Peace Army and Dmitri Chavkerov have been providing advice and guidance to many forex traders from across the globe, helping them achieve a better position in the market. It also has also helped publicize the many forex scams that became obsessed with accumulating wealth and greed.

As the Forex Peace Army's founder, Dmitri Chavkerov has also shared his foundation of forex trading with traders who are seeking success. Unusually, the most important element of this strategy is the concept of giving.

"I once had a conversation with a very wise and wealthy man named Master Choa Kok Sui, who told me that I needed to donate 10% of my income to charity, save 30% of my income and practice meditation on prosperity every single day for one year to become a millionaire by the age of 30. It turns out, this advice was correct," adds Dmitri Chavkerov of Forex Peace Army.

"Giving 10% to charity is the most important thing I teach a trader when explaining the foundation of my forex trading structure. Since becoming a millionaire, I have been giving more than 50% of my income to charity, and I would recommend that traders who reach that threshold to do the same."

To find out more about Forex Peace Army, please visit www.forexpeacearmy.com

SOURCE Forex Peace Army