One way to become rich?

Some people say there is no formula to become rich. Well, de facto there is such a formula. It’s called “geometric progression”. Take for example the order of numbers: 2,4,8,16- what is obvious when looking at them? Well, its seen that evey number is multiplyed by a fixed ratio: 2×2=4; 4×2=8; 8×2=16. The common ratio is 2.

So, lets try to bring this simple formula into reality and business.
Assuming you have only 1000$ to start investing in stocks or forex. Then you choose to trade on a low margin and trade everyday (this things arent that important in the case)
So, you want with your 1000$ to gain 20% every month and then reinvest the total gain for the second month.
So, you will be surprised what is the result:

1st month (end): 1000$ invested – 1200$ gain
2nd month: 1200 invested – 1240 gain
3rd month: 1240 invested – 1448 gain
(6th month: 2500)

Each year you will have:
1 year: 7500
2 year: 66 00
3rd year and 5 month: over one million dollars.

Thanks alot

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Human Trader Versus The Forex Trading Robots Will the Human Trader Become Extinct

Human Trader Versus The Forex Trading Robots Will the Human Trader Become Extinct

Well humans have been trading with some degree of Success well before the Forex trading software bots came on the scene . So why is there all this fuss about Forex trading robots . Look at it this way dinosaurs were around million of years before humans , and they were successful at populating the earth . But they were big and slow and could not easily adapt to change , that’s why they died out . The human trader is also slow to adapt to the rapid changing markets , were as forex trading robots can adapt in seconds and spot winning and losing trades in a split second.

However if you have plenty of time to learn and study the workings of the forex market . As well as a large cash reserve to test your theories on market trends you may not be quite ready for the dinosaur grave yard yet .

On the other hand , if you want to be a lean mean trading machine, and you are eager to join the next evolutionary step in forex trading . Then you need to get a forex trading robot.

First let look at the Benefits of automated Forex Trading robot:

Click Here To Discover the Top Four Forex Trading Automatic trading day and night benefit from market opportunities while you sleep. 24 hour a day trading increases profitability. Easy to Download and install . You can trade on multiple systems in order to diversify risk. Forex Trading Robots , trade on detailed analysis of the market not greed or gut feeling like humans

Yes Forex Trading software is very impressive , however don’t assume you can just start it up and forget about it . You should from time to time monitor it progress . We recommend using a demo account first to make your familiar with the trading actions of the robot.

All Forex Trading robots are not the same , and of course out want to invest in the best to get the most profit.

www.softe4u.com/fap_turbo_review/

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How To Become A Forex Trader

Being a foreign exchange or forex trader no longer requires working for a bank in one of the global financial centers. Todays all you need is a computer, Internet connection and an account with one of the many Forex brokers and you can make trades on your own behalf, from anywhere in the world.

With the rise of the Internet many individuals are doing just that from their own homes, making trades in their spare time and some are making a full time living doing it.

What is Forex trading and how does it all work?

A foreign exchange trader deals in world currencies. They will trade one currency that appears to be loosing in value, for another currency that appears to be increasing in value. Currencies are always traded in pairs (called a currency pair) when you want to trade a currency you need to have another currency that you can trade with.

If you’re thinking about getting involved in Forex trading it might be best to start with just one currency pair. The best pair to start with is the EUR/USD market, that means trading the euro against the US dollar. This is the largest forex market. There is tons of information available on this market and it tends to be fairly stable with lower costs.

But keep in mind the Forex market is a very volatile market. This means prices can increase and decrease quickly and steeply. This makes Forex trading a very high risk. It can be very easy to lose your money. As a matter of fact, you will have some losses they are inevitable, so it’s very important to manage your account so you are never risking too much on just one trade.

You can set your account up with stop losses so your broker will sell automatically if the price drops to a certain level. Your goal is to have no losses, but the truth is you are just trying to end the day with a net gain. There are Forex software programs (also called robots) that you can purchase to help you manage your account.

Here is what you will need to get started in Forex trading , a computer with a high speed Internet connection when you want to trade. Unless you are using a robot to control your currency trading, you also need time to learn a profitable system and on trading itself.

You need to plan on locking yourself away, for at least a few hours a day. It is not a good idea to try and trade from your office at your job there will be to many interruptions. You must stay focuses on the markets movements or you may miss the right time to either close or open a trade.

If you are someone who needs a solid investment with predictable returns, Forex trading is not for you. To be a Forex traders you need to love taking risks and enjoy the challenge of attempting to make a profit in a very fast moving and volatile market.

It will help if you can stay strongly focused on your long term goals and not be swayed by emotion. It is very important that you don’t let fears of losses or dreams of great wealth divert you from your strategy.

You need to stay up to date on all financial news, this means not only in your country but all countries, good or bad financial news will affect the forex markets in some way. If you have these characteristics and a good trading system, a forex trader can make substantial gains from their investment.

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How long it took you to become a millionaire by trading FX?

Please share your stories.

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By avoiding leverage ,does FOREX become totally risk free ? Can i hold any currency for any lenght of time?

I mean can i hold 1 lot of US dollar for a period of 1 month or so…. If i don depend on leverage and purchase within my means ???

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