Forex Trading Strategy That Works?

Here is a great Forex trading strategy that works very well for me. No it’s not the regular advice that you get everyday from other traders that are probably losing their money in the market too. Most people will advice you to read all the books about Forex, take all the courses out there, practice for 5 years then see where will that take you. We know that this is non-sense.

When we decided to invest in the Forex market it was because we want to invest money and see some returns quickly without having to go through a learning curve that takes forever, then if you got really lucky it might work for you.

I decided to take a different approach and think a little bit out of the box. I figured, I don’t have to be an expert in Forex to make money in that market. Let me give you an example. If someone filed a lawsuit against you, You don’t have to study law for 10 years so you can win in court! You simply hire a lawyer that knows what he’s doing to take care of that for you.

It’s the same thing here, I am an investor I need to make money investing in Forex. There is no point in studying it for years and try to come up with strategies that only god knows if it will ever work or not. I even end up spending money on training courses and I find my self in the end losing money without even getting started in trading.

I took a different path, some might call it laziness but I frankly don’t care. All I care about is to see returns on my investment without learning how to trade from scratch for years. I invest my time looking for qualified traders that have a track record and the skills to increase my portfolio safely every day. There are traders all over the world with outstanding trading skills there is nothing wrong with hiring or following some of them and in return they take a small cut, at the end of the day everybody is happy.

It’s not an easy task to find a good trader with the skills needed to trade your money, But it sure is much easier for me than trying to learn all about Forex for years and even spend tons of money on courses and EAs. Let me tell you the key features that I look for in a trader. There are 7 key features makes a trader qualified to trade my account and I am going to share them with you.

The 7 Key Features/Skills That Makes a Trader Qualified To Trade For Me:

  1. Risk shouldn’t be more than 3% of the account in a single trade.
  2. A track record and history of live trading on a live account for at least 1 year.
  3. Risk:Reward ratio 1:1, I prefer 1:2 meaning profit should be double the risk.
  4. Open positions shouldn’t be more than 3 at any given time.
  5. No Scalping! I don’t go for 3-5 pips in profit per trade that doesn’t work.
  6. There should be always a “stop loss” and a “take profit” target in place.
  7. SL targets should never be bigger than the TP targets.

Take the time to check online traders, and I mean real traders not robots. Make sure they have the above skills, study their history carefully and start partnering up with them. Trade a small amount of your capital and as you get comfortable increase your trading balance a bit by bit. This is a very realistic approach, and it works. I advise you to cut your losses today stop spending money on courses/trainers and look for real traders that can actually trade and help you grow your portfolio.



Source by Mohamed Rabea

At Home Money

We all want more at home money, meaning money you can make from home in your spare time. No matter how much a person might make, when it comes to income we want more! Why is this – because it is what we need to get our basic needs? If you don’t have a means to earn it then you can’t get more basic things, it’s that simple.

And now in this reality we are facing in this world today we simply need more than one way to earn this money. Having a plan B these days is a must! Not just a passing thought as when times were better. Earning at home money is something that can be done in spare time. But also should be something you truly enjoy. So in order to have this you must consider certain things.

a. Provide a service in return for money working from your home.

b. Have a product to provide in return for money made from your home.

It must be understood that this will be your at home money making business, so you control the time spent making it work for you.

In the first instance persons must come to your home so you can provide the service they wish to receive, this can interfere with time spent with family, and you are not able to leverage other persons to help it grow. You only receive the at home money when you provide this service.

In the second instance you have a product that others want and need and will buy, you also will have the ability to leverage others to share this product and bring at home money by leveraging them sharing the product as well. And at the same time they are also introduced by you how to earn as well.

This will allow unlimited at home money earning potential and also free up even more time for you as time passes yet your at home money business continues to grow. This is the plan I recommend!

Now that you have this knowledge how will you use it?



Source by Todd Sinnard

Money, Money, Money!

One of the paradoxes of abundant cash flow is that the more you ‘need’ money, the less it graces your world. The more you focus on money as your outcome, the less that money manifests in your world. That’s because something is seriously flawed with this model of abundance.

Let’s say you want to have a six-figure income. You do the work to create awareness around your limiting beliefs, you invest your energy in clearing the patterns, set your intentions, practice visualizations, take action, take action, etc. What you may not realize, is that you are literally creating separation between you and your source of abundance by focusing on what is missing in your world.

When you ask for what you want, when you express a need, you are highlighting a state of lack in your world. You are shouting from the mountain tops that you are not enough. This won’t flip your abundance switch on!

Here’s the thing, chances are it’s not about the bucks! Most often what you really want is what you ‘think’ money will give you… security, freedom, influence, etc. At an even deeper level what you probably want even more is to do what makes you come alive. So, why focus on the money, when what you really want is a life of meaning.

“Whether you are consciously aware of it or not, deep inside you are seeking growth and aliveness, wanting to manifest your potential and be all you can be.” ~Sanaya Roman & Duane Packer

If you’d like to have more money so that you can have more freedom in your world, try creating more freedom in your life and notice how abundance flows your way. Here’s the shift I’m inviting you to explore: engage money as a tool to help you more fully express yourself and your potential, not as something you need to fill a ‘less than’ experience.

Let’s explore how to bring this into being in your world. Grab a pad and pen and let’s dive in:

1. What is the one thing – that if you had it right now – would totally flip your world?

2. Think of three ways that you can have the essence of that right now.

3. Jot down the qualities that would support you in bringing those things into being right now. Who would you become if you expressed those qualities on a daily basis? Imagine yourself as that fully expressed being and feel what it would be like to be that ‘you.’

4. Spend 90% of your energy focusing on the joy of having what IS already abundant in your world. Bring the qualities of your being that liven you into play as much as possible.

Your ability to experience abundance in your world is directly related to your willingness to embody possibility and aliveness on a moment by moment basis. Choose expansive experiences and abundance will saturate your world. It’s inevitable!



Source by Adela Rubio

Making Money – Get Paid to Refer

Sounds simple, making money by getting paid to refer, but is it really possible to make money by just referring people. Well the simple answer is yes you can. I came across this about 18 months ago and have been slowly but steadily seeing my earnings from it grow.

We all actually play a part in this chain. I’ll give you an example:

Not so long ago I was spending a lot of time on Twitter and Facebook seeing what my buddies were up to, when one of them mentioned that they managed all their social profiles as well as all their email addresses in one easy desktop application called Digsby. I thought that was a pretty smart idea so I downloaded the free software and now use Digsby for handling all my social networking accounts.

Now even though I didn’t have to pay for Digsby my buddy who referred me was able to make money by referring me, so he was ‘paid to refer’, and there are 1000’s of really useful software tools like that you can get paid from for refereeing. Also there is a digital information warehouse that you can join for free, make money get paid to refer any of the 10’000’s of the products and services that you refer of theirs. People can download whatever they buy straight way and you get paid money for referring them straight away too.

I know people who make 1000’s a month getting paid to refer, and the ones that don’t are the ones who think they are there to sell, selling doesn’t work it’s as simple as finding a group of people really eager for a solution say one on “how to train Labrador puppies” and then referring the to a digital product at ClickBank to solve their problems, it’s a win win situation.

The best place to learn how to ‘make money getting paid to refer’ is from the someone who does it every day, well the people who do it every day are called affiliate marketers.

Affiliate marketers get paid a commission on everything they refer and it doesn’t stop with digital downloadable products either, you can take a look at company’s like Commission Junction, Linkshare or even Amazon just to name a few, and make money getting paid to refer tangible goods of all kinds, it really just depends on what your into.



Source by Anthony Balthazar