Archive for learning forex online
A New Forex Era Looming?
Posted by: | CommentsThis week, for the first time, I reached my weekly target on Wednesday, and true to the spirit of making money safely, I closed my trading platform in the happy knowledge that I would not be trading again this week.
This may be difficult to understand but I have gone through the most amazing transition in my thinking about money-making. This apprenticeship is really where you start to appreciate that making money from forex, the ‘Forex Training Works‘ way is so different from my previous perception. I know that I have turned a corner that will change my life from now on.
What is the difference? Well, it’s about changing a conditioned mindset. Just ten weeks ago, when I started the forex training course on February 1st, I KNEW that the harder I worked, the more hours I put in, the more effort I expended – the more money I would make. Let’s apply that to forex for a moment.
On average, I am actually trading for around one hour in the morning. If I can make my target in an hour – it it seems to be a no-brainer, that if I work for four hours I could make four times the money. If I worked even harder and put in eight hours and expended equal effort – I could make eight times the money. In the outside world, I know that’s true. In forex it is completely the reverse.
SAFE trading to make money is about CAREFULLY using a time period for what looks like a small achievement. To risk that achievement would be a nonsense because that small CONSISTENT achievement adds up to an enormous profit as it rolls up and compounds. Best of all, and this is where I have turned a corner, it is a super STRESSLESS and risk-less way of making money work for you – instead of you working for money.
I have ‘worked’ at forex trading, for around three hours this week. I have added up my ‘potential’ earnings since I started demo trading seven weeks ago – and I am amazed at my potential ‘return on investment’.
Return on investment, as I have learned, is the percentage amount my original capital sum has grown over this period. We don’t ever talk actual money because it’s obvious that the percentage brings us all to a level playing field whatever small or large capital we start with.
My return on investment at a small 10 pip a week target has been almost 22% in just seven weeks. Compare that, to the money we have in an investment account that is earning us around 2.5% per YEAR right now.
So on the basis of the possibilities, without stress, without hours and almost without effort, my husband and I have decided that if I can confirm these results over the next week or so without trauma – I will become a live trader.
I realize that ‘going live’ will present different challenges – but I know I can do this. I enjoy doing it and this new direction could genuinely change our lives.
I started this, HOPING I could do it. Now I know I can.
Sam 
One More Week of Easter Holidays
Posted by: | CommentsThe Easter Bank Holiday seems like quite a long time ago now doesn’t it?! I have really made the most of this week as you all know. I have done some revising and had a great time trading for the last couple of mornings. It just doesn’t feel like work at all getting up in the mornings and getting ready for my daily trade, my forex rendez-vous is a great start to my day!
Every once in a while, an experience from your past comes out of nowhere and reminds you of just how much better life is now. I spent the early part of my career working as a PA to some incredibly interesting business leaders – and they really were! The long nights of having to work until the early hours, the 3am starts – yes, I really did say 3am are all but a dim and distant memory. But why is this relevant to you my learning forex and my post today? Well, before the children broke up I had the perpetual thought of “how am I going to fit everything in this Easter break and will I need to find some more hours either side of my day as I really want to make sure I don’t miss out on my forex training?”
I am so pleased to be able to report that this hasn’t been the case at all – by being organised and already in a great routine where I am at my desk for my daily forex rendez-vous at 6.30, there hasn’t been any more pressure to the hectic daily schedule, in fact – it has been a really peaceful and calm start to the day – before the phone rings and the children start asking what we will be doing …… sound familiar?!
Sam
Plan for Next Week – Avoiding Compounding My Errors
Posted by: | CommentsI love planning and I try to plan everything where I possibly can. I am one of those sorts that put endless notes around the house that may simply look like a Post It Note with a scrawl on it – but to me it means everything! The only thing that I can fall down on is what we will eat mid-week, there again, don’t we all?
I have really been pondering about the call from last week and Sid said something that has really struck home and I have fully taken on board “avoid compounding our errors”. That makes perfect sense to me and I am entering a new week with greater gusto – and a whole lot of discipline. Whilst in my apprenticeship, I am soaking it all in still and determined to get it right – which I know I can. Read More→
Forex Apprentice – It’s Just Like Passing Your Driving Test
Posted by: | CommentsHi Everyone, it’s been a while and I feel a distinct sense of déjà-vous! Let me take you back to the time you passed your driving test and that sense of excitement, freedom and purpose. You now had your destiny in your own hands, you controlled where you went, when – and how. Completing the forex course has been no different.
My confidence is growing too although I have to say I was over confident one morning this week. I have now got into a good rhythm and am demo trading four mornings out of five during the week, normally getting to my desk anywhere between 6am and 7am, depending on children’s movements and dog walk responsibilities! Read More→
So Here It Is – My Forex Training Comes to an End
Posted by: | CommentsWell, here it is, I am literally just about to sit down and listen to my last ever audio and I am definitely going to miss my forex training course! Weird isn’t it? I feel like someone is going away – but I know when I do see them again it will be even better!
I intend to do a much more in-depth post about the whole course in a day or two. I think just a little time to let the last four weeks gel, would be a good idea before I do this.
I am very excited about the joining the support group (The BBC Club). I feel like I will be joining a new group of friends, a bit like moving into a new village where I will learn a lot from others, be a part of something where we’ll chat, share our experiences as ‘forex traders’ and probably have some great experiences along the way. Read More→
Life Before Learning Forex
Posted by: | CommentsI am obviously still a beginner at learning forex – let’s face it, I have only been doing this just over a week. I am being true to my word and have made an hour each day to continue my journey.
My husband chuckled this morning, he explained (being a female I can have selective memory!) that the reason for his mirth was the fact that only a couple of weeks ago I said that I couldn’t do any more than I was doing: I have three step-children, two very bouncy and boisterous dogs and run my own business. When I explained that I was becoming more and more intrigued by Forex he reminded me of my recent frustrations. His point was that this course is doing me good as it is giving me a focus outside of work, family and the daily routine. In fact, he is beginning to ask quite a few questions himself! Read More→