My experience of trading Forex

This would be a great pleasure for me to share my experience of forex on Hubpages .I am trading forex for last two years. I spent 8 hours a day with including 4-5 hours of analyzing forex trends and patterns and what I learned is really priceless. These past two years gave a new direction to my life. Most of the people even don’t have any Idea about forex. You would be surprised to know that 90% of investors and traders are wasting their time and money as well. But what about the rest 10%, they are trading
stocks and foreign currencies for profit only. Then what is the difference between those two kind of traders, one who loses every time and the other who keeps on increasing their wealth from the same source. Its just the knowledge, experience, believe and their attitude. These are the factors which separate them from the crowd .I am also trading forex for part time income and in future trying to trade it full time. As slowly I am getting confidence of what I am doing.

 

When I started two years back I lost 100$ within 4 days of trading with my first Forex account. The reason was the insufficient knowledge of Forex. But it gave me a different angle to think. I thought that if I can lost 100 $ within four days it means that there may be a day when I can earn 100 $ in four days too when odds are in my favour. And from that day I never turned back I started searching for the right things and played hit and trail with many strategies to learn to earn profits from the market. But all this I tried with Demo accounts.

MY FIRST STEP IN FOREX

After one and a half year I opened a real account with a good broker. You will be surprised to know that for past six months I have been able to get average 20% profit per month on my equity (capital) .This seems to be small but you will be surprised to know that If I am able to get it consistently than it can make me a millionaire within 5 years starting from 500$ only. As getting 20% per month simply means that I can double my equity at each five month.  You can see the simple calculation below:

I STARTED LEARNING THE THINGS DEEPLY

Starting Equity= 500$ (8 NOV 2010)
after 5 months=1000$ (mission accomplished 28 April 2011)
after 10 months =2000$ (target , 30 Sep 2011 )
after 15 months =4000$
after 20 months =8000$
after 25 months =16000$
after 30 months =32000$
after 35 months =64000$
after 40 months =128000$
after 45 months =256000$
after 50 months =512000$
after 55 months =1024000$
after 60 months =2048000$

You start learning the things. And starting from the beginning I will make you all the tools needed to be a professional trader at single platform. If you are really hungry for the riches then I will feed you to the best of my knowledge. Forex can reward you with a great wealth but don’t forget that forex is a very risky as well. No one, not even I can provide you guarantee for the profits from the forex but I can assure you If you believe yourself then you should start learning the things, only good knowledge of trends and market moves can provide you with the same. And I am here to make you learn technical as well as fundamental analysis of Forex.

 And the result will be in front of you. This is what you will get after being a good learner. So don't remain a beginner. Starting becoming a pro.

ALWAYS SEE YOUR CAPITAL GROWING

 

 Always feel free to share your views. You can also share your Forex strategy, if its not working properly. I would be glad to provide you with the right approach. Your comments are always welcome.