Do you know that more and more homemakers today are trading Forex?
It’s no longer a secret and as a matter of fact, the number of homemakers who later become successful traders is rising fast. Despite the busy days managing everything at home, these homemakers still manage to trade Forex without abandoning their tasks and not only that, these homemakers also contribute enough to the their family financially. This story is not exaggerated at all. It’s pure reality. The good news is, believe it or not it can also be your life story.
Before you can get to their level, you must go through the whole process. Fortunately, you can choose from one of two paths-the difficult way and the wise way. The two scenarios below will help you understand the differences:
Scenario A-the difficult way
Maria is a housewife with two kids. Her husband is the backbone of the family; financially speaking. He takes home a good sum on his check every month and provided his wife and their kids all of their needs. Nonetheless, being so effective and efficient at doing her task, Maria felt that she is having too much free time around the house. As a result, she began searching for something that might be worthwhile to do and found Forex to be the suitable one for this purpose. So she started buying DVDs, home coaching, and even attended online seminars hoping that she would be able to make money consistently. Eventually she ended up spending $5,000 for the whole thing before she even started trading Forex with real account. She diligently practiced everything that she acquired from the resources that she bought. With great discipline, she finally had the confidence to trade using a real account. Maria told her husband that she is ready to trade with real account. Her husband supported her and gave her another $6,750 to open a real account. So she started her Forex trading journey carefully and conservatively because she did not want to waste her husband’s hard earned cash. A month later, her account is already up $500 making a total of $7,250. Her husband and children were very happy about this. The next month, she lost $75 so her total is now $7,175. The month after that, she added another $730 to her account so the new total is $7,905. So far, the money she spent as an investment is $5,000 (in terms of business, this is not classified as expense because you hope to bring more money by spending it) and the amount of money gained for three months is $1,155. All this happened in 6 months-3 months in training and honing her trading skills and 3 months in real trading. She relied on levitra orosolubile herself to do the trading and managed to do so and more importantly her husband and children are proud of her. It is indeed a great job.
Scenario B-the wise way
Jennifer is a homemaker with two little boys and a daughter. Her husband work from 9 to 5 and he never missed a chance to take additional tasks in order to impress his boss. Meanwhile, Jennifer herself is pretty busy with her three little ones. They are very active around the house and so, Jennifer doesn’t really have that much time to take a break during her hectic time. One day, her friend introduced her to online business and told her that she could make money from the convenience of her home without abandoning her kids. Moreover, her friend told her that she can do this even without any skill or knowledge. Out of curiosity, Jennifer asked them how. Her friend told her that there’s a service that can help her achieve this. Not only that, the service also comes with a learning opportunity. Jennifer spent some time to think about it and convinced herself that she can do this because even though she is busy she yearned to be able to do something to help build her children’s future and take some burden off her husband’s shoulder. So Jennifer talked about it with her husband and he handed her $6,200 because they don’t really have that much cash for this. Jennifer then setup a real Forex trading account with her $5,500 and subscribed to a trading signal service just as her friend told her. She paid $100 for the trading signal service and she get the help of Forex professional to do the most difficult part in trading for one month. She wanted to gradually build her account and don’t want to be reckless and greedy so she traded Forex conservatively. At the end of that month, she managed to bank $520 making her balance $6,020. It’s a good start. And then she paid another $100 for the next’s month’s service. During that month she took home $300 and raises her account balance to $6,320. Not bad. She took another $100 from the $700 that she set aside to pay for trading signal services. This time around, she added $683 and ended up with $7,003. Summing up, Jennifer set aside $700 for the purpose of paying the trading signal service and already spent $300 from it and the amount of money she added to her trading account so far is $1,503. Everything happened in a short period of 3 months and Jennifer is now getting better in her learning and soon she might be able to trade by herself and more importantly she can contribute to the family financially. Great job, Jennifer.
The moral of the story is you can do it on your own and spend a lot more time, effort and money (she needed $5,000 to prepare herself and another $6,750 to fund her real account) or you can cut the time and only prepare almost a half less money ($700 for the purpose of paying monthly subscription fees and $5,500 for the opening a live Forex trading account). Both of them aim to become a proficient Forex trader and needless to say, both of them have the same opportunity. The differences between the two paths are clear. You decide which one to choose. Now, assuming that you choose to go with the wise way, you only have to follow 3 simple steps below:
Step 1: find yourself a trusted Forex trading signal service and pay the subscription fee. This fee will grant you the ability to use their service for the next 30 days (one month).
Step 2: for the most part, you will have to wait for the trading alert to hit your email or cellphone or trading platform. Whenever good trading opportunity emerges, the service will send you a trading signal complete with entry and exit point and also stop loss level in the form of email or text message (SMS) or trade alert. This can be twice a week or even more depending on the market condition. In the mean time, you can browse the website to find trading tutorials and resources so you can learn how to become a successful trader yourself.
Step 3: once you get trading signal you need to enter the orders (open a buy or sell position and the stop loss or take profit level) exactly as written. A trading alert will include where to open a buy or sell position and also where to put a stop loss or take profit level. If the trader(s) from the service sees some changes in the market after you enter the position they will update you with another alert telling what step you need to take. Sometimes the recommendation is to exit the position or to modify your stop loss or take profit levels. This will help secure part or whole profit you have from dropping so you can maximize your profit.