Remember Me
forgot your password?

Can I Earn $100,00 in 24 Months with an Auto Traded Forex Account?

Here is a bold statement:  I think it might be possible for an average person, with very little forex trading experience, to set themselves up and earn $100,000 in 24 months.

The world-wide forex markets dwarf all other financial and commodity markets to the tune of 3 Trillion USD traded daily.  This is a very liquid and vast ocean of financial activity.

As interesting as all that is, what really appeals to people is the thought of earning some extra money.  I can pretty much guarantee however, that if a new person jumps in and starts trading the forex market, they will end up losing money.  There are many reasons: Not having a good strategy, lack of understanding of proper money management techniques, greed and fear...especially fear.  Fear to enter a trade, fear to exit a trade...etc.

Personally, I think there is a better way.

Let me see if I can use an analogy.  I am not an auto-mechanic.  I do not have the mechanical skill, aptitude or even the interest to do what an auto-mechanic does.  I can change the oil and fill up the gas tank (well, I can also top off the wiper fluid reservoir).  That is about the limit of my automotive repair skills.  Have I ever needed a mechanic for my car?  Sure.  Do I have a desire to pick up the skills of a trained and knowledgeable mechanic?  Nope, not interested!  I am only interested in the results.

You know what, today it is possible to hire a skilled, competent forex trader who will Auto Trade your account (along with many other people) for a nominal fee.  Is it me who does this trading?  No, not me.  I guess I am just kind of lazy.  I am not really interested in learning all the minute details about how to successfully trade.  (Just like I am also not interested in learning all the inn’s and out’s of fixing my car).  My skill, if you will, is in choosing a competent and skilled forex trader whom I can trust.

Did you know that you can find a talented forex trader with a success rate of better than 90% on a going forward, real time basis, who will Auto Trade your account?  Yeah, I know.  Someone is going to say that lots of little wins and a couple of big losses can still make you a net loser.  No Kidding.  I may not have a lot of skills, but I do recognize that basic fact.  What I want to see is a month by month consistent increase in my capital.

At any rate, I think I may have found what I have been looking for, we’ll see.  Over the next 24 months I expect to earn $100,000 through an Auto Traded forex account...starting with around $6,000 of my own money.

Follow along with me if you dare.

temp_53231

The author currently is attempting to earn $100,000 in forex trading over the next 2 years. Follow his progress here: http://100thousanddollarforex.blogspot.com/

Rate this Article: 0 / 5 stars - 0 vote(s)
Print Email Re-Publish

Add new Comment



Captcha

  • Latest Small Business Articles
  • More from temp_53231

Small Business Success –Avoid Letting Your Big Customer Sink Your Business

By: Jim Delapa | 18/12/2009
A huge customer for a new small business can be both a blessing and a curse. The positive side is more obvious—the business establishes an early recurring source of revenue.

multilevel marketing

By: andre girouard | 18/12/2009
Your Agel venture is a vast way to add to your revenue, and even be financially self-supporting one day. Thus, you are determined to make it happen as expected. Discover out how to market your Agel organization for maximum revenue, and speedily jump up to Manager, Director and above. To shift into the higher leadership levels, you need to make enough sales volume, and you ought to add further successful team members to your downline. You have begun by contacting relatives and acquai...

Birmingham, Stoke and Coventry how to wind up and Insolvent company

By: Steve Thatcher | 18/12/2009
If you live in the West Midlands, and its cities of Birmingham, Coventry and Stoke, then we can help close your company. If you have an insolvent business, you need to call the help with debt helpline.

Insolvency of a company in Leicester, Nottingham and Derby

By: Steve Thatcher | 18/12/2009
If you are a company based in Leicester, Nottingham and Derby and you feel that you may need to close your company, we can help you liquidate that company.

Company Voluntary Arrangement (CVA) and how it might help companies in Leicester, Nottingham and Derby

By: Steve Thatcher | 18/12/2009
If you have a company in distress, then we may have a solution if you are based in Leicester, Nottingham and Derby. We can help you with a CVA otherwise known as a company voluntary arrangement.

It is arithmetic folks, do the math... again. What choice do you have?

By: Don Todrin | 18/12/2009
I talk to small business owners all the time who ponder whether or not they want to do a workout and eliminate their debt on the business as well as reduce the debt on their personal guaranty to affordable losses. Unfortunately, most choose to wait and see what will happen, preferring self annihilation to survival and emergence.

If your goal is wealth accumulation, you may be shooting at the wrong target. Here is how to succeed

By: Don Todrin | 18/12/2009
If your focus is purely on revenue, profit, retained earnings, wealth accumulation, you may be missing the mark.

In a workout situation, it is NOT the bank's goal to support your growth and development so you can pay them back

By: Don Todrin | 18/12/2009
Many small business owners have a gross misconception about what a bank will do with you when you are in default on a loan.

3 Approaches For a New Trader in the Forex Market

By: temp_53231 | 06/06/2009 | Small Business
The forex markets are absolutely huge. Every day approximately 3 trillion U.S. Dollars are traded around the world, most of this is speculative money. I am quite sure that most of the people, I mean the average traders, are never able to really get ahead with their trading accounts.

So, You Want a Home Based Business? You’ll Probably Fail

By: temp_53231 | 01/04/2008 | Business Opportunities
You want to hear a cold hard fact? If you are interested in setting up shop and running your own home based business, guess what...you’ll probably fail. That’s right, most likely you’ll spend quite a bit of time getting your business going, plucking away at it for a while...

A Little History of the Forex Market

By: temp_53231 | 29/03/2008 | Business Ideas
Forex, or FX is the international spot market for foreign currency. It is the largest market in the world with more than $2.9 trillion traded every day. The market appeals to individuals because of its enormous liquidity, high leverage, and the fact that it is open 24 hours a day, 6 days a week. Traders have the potential to make large profits from a small investment.

Three Trends Affecting Home Based Businesses

By: temp_53231 | 29/03/2008 | Business Opportunities
The home based business landscape is constantly changing. No longer are direct sales companies dominating this sector; now we have entrepreneur that have fragmented and splintered the concept of working from your home, so that even the experts are having a hard time defining what exactly a home based business is.

Submit Your Articles Free: Signup

Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2008 Free Articles by ArticlesBase.com, All rights reserved. (0.48, 7, w3)