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

Save Story
Leer en español

Estimated read time: 4-5 minutes

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.





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 -

Photo -

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

SOURCE Forex Peace Army

-0- 04/15/2014

/CONTACT: Bill King, , 213-245-1362


PRN Photo Desk,

/Web Site:

CO: Forex Peace Army




-- PH04965 --

0000 04/15/2014 12:30:00 EDT

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

The Associated Press


    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the Trending 5.
    By subscribing, you acknowledge and agree to's Terms of Use and Privacy Policy.

    KSL Weather Forecast