Forex venture
Forex is somehow and ‘old things’… but I just expose to it accidently by a friend… I think I want to give it a try and hopefully I can success in it…
I read some forex ebook and it recommend that you need to have your goal when you want to enter into trading (forex, share etc etc)… well, my goal is to pay off all my current loan (mortgage, personal loan, credit cards and some business loan). Yeah I know it is a very high goal for me, but if it is not high… the challenge is not very interesting right? after the goal, it also recommend to have a plan if we want to success in trading.
My plan is to learn everything about forex for the first 3 month… I will practise trading 5 days a week (the market open 5 days a week only) and and during this period of time… there will be no movie or television for me… This 3 month is the minimum, where I will only enter the real market once I continuely able to get positive result everydays for about one month..
After the 3 month learning, I wil find some money… I am thinking of about USD500 to start with and open a mini account… from thereon, I hope I can get about USD10-20 per days on average
If I practise everydays, after a years… I am confindent that I will learn something about this and by that time, I should be able to make some serious money from it! and then the goal should be able to come true…
Some may say that, you need to learn and practise it for a whole year before you get the money?!!!
Yes… even many said that forex is a good place to get ‘easy money’, after some reading some book and other literatures, I don’t thinks this market is a quick rich scheme… a lots of effort need to put in if we want to success in it.
Wish me luck everyone…
I will write some progress about this later.