My Life So Far

Friday, April 26, 2013

Trading Forex Right In The Comforts Of Your Own Home



Trading in financial institutions is one of the best ways to earn money.


 It is also one of the most promising career choices that people make today.

With the opportunity to earn a lot of money, more and more people who are interested in trading in the financial institution have left their jobs to get a piece of the action in the financial market.

Today, the Forex market is the best choice for people who are considering making a career out of trading in the financial market.

Source: reviewsarena.com


Wednesday, April 24, 2013

Should You Use Automated Forex System

With the improvement of technology, many things are beginning to be automated. The same thing is already happening in the Forex market with Automated Forex Systems.


But before you jump right into the Forex bandwagon, shouldn't you know the reason why more people are trading Forex?

Tuesday, April 23, 2013

Forex Trading: Double Your Account In A Year!


If you are interested in Forex trading, you may have been informed that forex trading is a high risk high return  type of investment.

You see, most expert traders out there will tell you that they are able to double their account balamce in one year's time.

Is that a high return?

Yes, if you compare it with a conventional type of investment like saving money in the bank.

In my country, a fixed deposit account usually provide just over 3% return in one year.

Compare to this, a 100% return in Forex would be masive.

Now, I am not saying that 100% return in a year is not good. But with the amount of risk that we put in forex, shouldn't the return be much higher?

Ask yourself this question.

For me, a good return in Forex would be doubling my account in every 2-3 months.

That is what i call high return. 

Sounds hard to believe?

Source: www.fxtips.weebly.com


In Forex, one can achieve a 100% return by just making 10 pips a day.

Yes, that is true, I attended a training before and the person giving the training said that.

Just think, if you make 20 pips a day, you will be making 400pips a month.

By using the leverage in the lot sizes, it won't be hard to calculate how much we can really earn.

The answer is simple because there is so much money to be made in Forex.

Simply increase your lot or contract sizes every week will allow you to grow your account like crazy.

All of this is only possible if you have a good trading strategy.

Without it,  everything will be useless.

It doesn't matter if you initial deposit is 100,000.

What matters most is your winning ratio. If you have a 80% win rate, you can turn $1000 to $1000000 in a year.


That is how powerful forex can be.

Yours sincerely,




 Check Out my other posts here- My Justinnation

WHy Use A Forex Simulator?




There are different reasons why many people are trading in the forex.

It includes free demo on real time, leverage of 400:1, or simply getting into the action of trading. 

However, even if traders performed practices on real time trading by testing its services and strategies, they sometimes fail. 

The trading demo is not enough unless the trader know what he is doing.

Source: www.trade2win.com

Monday, April 22, 2013

Forex Trading: Get A Good Forex Program

How you ever thought about doing a trade globally? 

Some people might be a bit hesitant to do such a thing, but the opportunity is just waiting for you out there.

You don’t actually have to travel outside your country, if that's your concern.

With the availability of the Internet, you can actually do forex trading on a global scale even in your own home, at work, and regardless of your location.



The FX market seems complex, especially to new traders, and they find it rather difficult to go about the trade. But nothing is impossible once you've learned the trade.

Sunday, April 21, 2013

Forex Trading: How Many Pips You Need To Be Rich?

Winning Pips


If you know about forex, you would probably know what all the traders are focusing on is winning pips. The pips are points that calculate our profits. It comes in different lot sizes or contracts.

In forex, forex traders use make use of leverage in order to trade and make big bucks.

How you ask?



The answer is to win as many pips as possible.

In order to do that, you must know how to trade forex of course.

And this is not easy because there is a lot to learn.

But put that aside.

I am here too share how powerful Forex can be if you can trade consistently with more wins than loss.


How many Pips You Need To Win? 


So how many pips do you need to make big bucks.

This will depend on the lot sizes on your trades.

Say that you can easily make 20 pips a day from the EURUSD.
Your lot size is 1.0 which is $10 per pip.
20 pips would bring you $200.

Easy right?

If you trade 3 currency pairs, you would have been able to make $200 x 3= $600 in a day.

If you take an average trades of 3 trades a week, you  would have made 3 trades per currency pair and a total of 9 trades in a week.

So, your potential profits for that week could be
$200 x 3 x 3 =  $1800

That is  $7200 a month.

 I know that is not much but remember that your lot size is only 1.0.
If you double that the following month to 2.0 per lot.

Your profits will double to $14400 a month.

That is a nice pay rise isn't it?

But we all know that it is hardly impossible to be correct 100% and there will bound to be some trades that we lose.

That is where your trading system or method comes in.

You don't need a trading method that can win you 100 pips every trade.

Instead, you need a trading method that can let you win 8 out of 10 trades that you make in order to make it in Forex.

Only with that type of accuracy, you will dare to enter trades with big lot sizes.

When you eventually reach 10 lot per trade, you will be making $18000 in a week based on the calculations above.

That is $72000 a month.

And this is only a 20 pip win in all of your trades.

See the power? I certainly did.


Yours sincerely,




 Check Out my other posts here- My Justinnation

Saturday, April 20, 2013

You Need Practice In Forex Market



So you want to learn about the Forex market, and trading internationally but you are risking your personal wealth if you jump in before knowing all about how trading takes place.

Online, you will find many games and simulations while learning the methods involved in forex market trading.



The forex markets include countries from around the world, where all countries involved are using different currencies, and when faced against each other are worth more or less than the original valued currencies that are being traded.

The forex markets are used to build wealth in, for governments, banks, and brokers, and for many countries.

To get started in learning about forex trading, you will need to locate the forex trading software, education-learning system you want to use.

As you find the games, as they are called, you will enter information about yourself, about what you are interested in learning and then you will download software to your computer.

In following the 'game', you will learn how to make and lose money in the forex market.

This type of game is going to make you more aware of what happens daily, how the markets open and close, and how different the various countries currencies really are.

You will open an online 'account' using the gaming system.

You will then be able to read the news, find and compare markets, and you will be able to make 'fake' trades so you can watch your money build or be eaten away in losses.

As you learn the system, using it a few times a week, you are going to be more prepared, more educated and you will be ready to use the forex trades to make money.

Of course, you may still need the aid of broker or a company to make your transactions happen but you will better understand the process, what will happen, and what calls you may want to make when you read about the news, the markets, and the currencies in other countries.

The forex market is also referred to as the FX market.

If you are interested in joining the millions who are making money in the forex markets, you want to ensure you are dealing with a reputable banker or company involved in forex trading.

With the spur of interest in the forex markets, there are many types of companies that are popping out on the Internet appearing to be genuine forex trading companies but in reality, they are not.

Forex trading can be completed through a broker, a company that deals in the funds, and from within your own country.

For example, the US has many regulations and laws regarding forex trading and what companies are permitted to work with the public dealing with international trading and markets.

Yours sincerely,




 Check Out my other posts here- My Justinnation

Daily Forex Report- 10 April 2013

Here is today's report on the Forex Market.


Source: www.askmariosingh.com

Thursday, April 18, 2013

Importance of Forex Brokers


If you traded in the Forex market before or if you’re still trading now, you may have heard the term Forex broker a lot of times.

However, as an individual trader, you may want to know what is a Forex broker and what they do.

Forex brokers are individuals or companies that assist individual traders and companies when they are trading in the Forex market.

These individuals can really give you that extra edge you need in order to be successful in the Forex market.

Although they will be trading your funded account, all the decisions are still yours to make if you want to.

Forex brokers are there to assist you with your trading needs in exchange for a small commission from what you earn.

Here are some of the services that a Forex broker can give you:


Tuesday, April 16, 2013

Forex Trading Course: A Must for Forex Beginners

In the world’s largest financial market where exchanges reach up to trillions of dollars each day, many people would really want to participate in this market.

Aside from being the largest financial market in the world, Forex is also the most liquid market in the world where trades are done 24 hours a day.

A lot of traders have become very rich trading in the Forex market.

And, many people who trade in the Forex market everyday have found a great way to replace their day jobs.

Some even became millionaires almost overnight by just trading in this financial market.

Trading in the Forex market can be very attractive.

However, you should also know that there have been people who suffered extreme financial losses in the Forex market.

It is true that the Forex market offers a very good money-making opportunity to a lot of people, but it also has its risks.

It is a fact that people who didn’t have the right knowledge and skills trading in the Forex market suffered huge financial losses and some even went into debt.

So, before you enter the Forex market, it is essential that you should have the necessary knowledge and skills as a Forex trader in order to minimize the risk of losing money and maximize the potential of making money.

Many people who were successful in the Forex market have went through a Forex trading course to get the knowledge and skills needed to successfully trade in this very liquid and very large financial market.