If I say that forex trading can generate 5% every month for a minimum, are you interested? Yes! Indeed only 5%. For real?
The average person who hears this statement from me pulls his face when he hears a lot of this can only be done with forex and CFD trades. "so lowww…."
It's a little. Because if you want more than that, you will risk losing all trading capital.
Why do I say this?
This 5% mentality I think should be applied to all new traders, who just want to start trading forex. So that many realize that this is not a way to get rich quick.
Many people want to trade forex because they want to radically increase side income or money. For them, this road is a way to get rich, a way to get cash money. Absolutely wrong.
You need to equate forex trading with other investment instruments as well. Keep it professional.
At the beginning of 1-2 years of trading, if you can generate 5% every month is good enough. Later when I get used to it, over time I am sure you can only generate more than that.
This forex trade you can actually use as a tool to grow your savings portfolio.
You may have assets/savings (positive cash flow) in the following instruments.
Secured Stock Trusts.
Gold
Real Estate (maybe a rental house etc)
You can add 1 more, which is forex trading.
Ok, but with 5%, how can it be USD18K?
Income from salary may be many have made savings and so on. Do not disturb this, may enter Unit Trust or any other less risky place like the others.
You need to find additional income for you to have your forex trading portfolio.
Let's say you have savings, surplus from online business, or drop ship that can be placed around USD100. Indeed, this value is to earn more money, do not disturb your salary.
With the compound interest of 5% per month, you will get around USD800 net profit. Such an account is good and ideal for paying road tax, making public money, or any event annually.
So with this surplus, you can make your forex trading portfolio for extra income lighten the load so.
Or want to be better, do not bother. But keep going. Slow and steady.
Although slow and steady, it promises not to burn.
Did you know that with a 5% monthly compound against USD1000, you can get USD18,679 after 5 years? I do not provide a compounding table, but you can try to calculate yourself or search online compounding calculator. Is this good enough for your saving portfolio?
That's just USD1000, imagine USD10,000 can make you a return of USD186,000 plus-minus. How many?
Many do not see this forex trading in the long term game, that is why they are still trapped and lose their trading capital. Because they are impatient and have no target.
If you enter this field with the right mentality, the right target, and be patient. You can succeed.
I have two orders for NEW TRADER and OLD TRADER.
FOR NEW TRADERS,
You also need to know how to generate 5% a month on a regular basis, and wanting to compound again is not an easy idea. On paper, it may seem easy. You need to really study this field, and take some time to try consistently as above.
I suggest you can try first with the Free Capital Trade 100 Dollar - CLICK HERE to get it.
FOR OLD TRADERS,
For many years, being a hardcore depositor, I suggest this is the time to start over. New start. Start back, fresh!
5% only!. Do you think you can do it? That's good, but don't forget one chapter. That is, I suggest you open a new account to start a new one, and choose a really strong broker, to use long term to start your trading journey fromUSD10 to USD18K in 5 years need a broker who does not have much money to pay. Furthermore, I want to try to get a hundred thousand.
