Seeking Alpha

fibo777's  Instablog

fibo777
Send Message
I am a forex trader. My forex experience started 6 years ago when I invested my 500 dollars in the forex market. After losing all of the initial sum I reconsidered my trading and developed a succesful trend trading system. That's when I became profitable. I came back to forex market with a... More
My company:
fibo777
  • Trade Forex and Make Money Online 0 comments
    Sep 21, 2011 5:34 AM

    People have always wanted to be financially independent and to create some passive income so that they would not have to work or they could do what they want to do. Unfortunately, most people nowadays do something they do not like, because they work just to survive. They have to get monthly or weekly salaries to sustain themselves and to support their families. However, this kind of work guarantees only two things for sure; they will always have a boss above them and they will never be financially independent. To become financially independent you have either to make a lot of money at your job or to start your own business and be your own boss.

    Trading forex market gives you a lot of advantages over an ordinary eight to five job. First of all, you plan your own time. You can get up whenever you want and go to bed whenever you want because you can start your work at the time which is the most suitable for you. As you are your own boss you and you alone are responsible for your decisions and nobody will fire you for making wrong decisions or for not making any decisions at all. You can do what you believe you should do and not because somebody told you to do this or that.

    Independence that forex trading can offer you is tremendous. You may choose which days you want to trade and which you will not. You can watch how a market behaves for a week or more and only then make decisions to enter the market or not. You can choose what kind of strategy to use today and which one to use tomorrow. Of course, I would not recommend going out of your job before you start making money in forex trading while still working at your present job. When you start making enough money, then you can quit your job.

    Trading forex is one of the ways how to make money online. There are many more and I would advise you to visit my blog Trends to find out about other points. One additional point which I wanted to mention in case you are serious about forex trading: learn trend trading strategy. It is essential for you to start with some easy and reliable trading strategy and trend trading is that type of strategy. If you do not like forex, you can try stocks or commodities as these financial markets are very similar. Be sure not to risk more than you can afford to lose. I hope you will become a successful forex trader.

    See also:

    Forex factory

    MACD

Back To fibo777's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.