3. Forex Exchange

3. Forex Exchange

This is in fact, a lot of talking and focus i want to drive through to all my readers out there.

I found out about this very important and good INDIVIDUAL INVESTMENT channel through a very good friend - brendan lee.

He started by introducing me to the FOREX CHALLENGE GAME. This got me really excited. An amatuer trying to out beat his friend and other competitor around the world for the ultimate 1st position of this real time and real prizes game.

Given a merely USD10,000 to start the game, your leverage ratio is 1:200. You find that in forex, you can make really really quick bucks without a blink of your eye.

Without proper guidance and advanced technology, you too can lose huge till zero.

PLEASE BE ADVISED THAT FOREX CAN WIN AND LOSE FAST. Make sure this money you are trading upon is not your everything.

After i started playing this game, i had called myself a speculator. NOT a fundamental investor to forex.

I do not study researches and fundamentals. I read trends on the exchange rates, read up latest finance news and world news that impact economy. i follow my sentiment to anticipate the up and down of the currency pairs. I never stick to 1 pair within a certain period of lock in time.

With that, i can easily turn my USD10,000 to USD20-30,000 within a day. Given extended time to monitor the exchange rates, I had even managed to 10-fold my USD10,000 to pass USD100,000 mark. The highest i ever managed to build is an equity balance of USD200,000+. But due to emotional guts, i lost all of that to such a big turn around on the forex trading, and causes the game system to re-set my scores.

Yet, each time again and again, i managed to pass by the USD100,000 with ease.

To me, there seems to be an answer to real life INDIVIDUAL INVESTMENT.
A quick fix that needs cautious monitoring and tender care. With proper watering and a watchful eye, a real sum of USD10,000 can really become a USD100,000.

WITH THAT...Things will get easier. RE-CHANNEL this fund to your mid-term and long term INDIVIDUAL INVESTMENT - Insurance, Shares and Funds.

So, I personally enlightened that every individual needs to build his formula for investing. For me, it seems a logical sense to provide a small sum for QUICK CAPITAL building through FOREX trading. Then, take profit and re-set your forex capital. Turn profits into mid-long term investment.

Formula : forex ---> shares/funds ---> insurance
(short) (mid) (long)

splitting your investment capital this way will probably diversified your investment and minimize big loss.

Last advice, for every investment you must know your exit strategy.

eg. start off forex with USD10,000. After building to USD30,000 in balance equity, Transfer fund to Fundamental SHARES/ or funds. Re-set your capital to USD10,000

Balance out the transfer to Long term insurance too.
eg. Buy better coverage. or term policy or investment link policy guarantee fixed returns and floating returns.

Calculate your fixed returns and your insurance values against what you have now and 3years before. HAS it progress ? Yes, no ?

"Only you have the power and TIME is the answer..." --- by victor s.

"A living person success is measured by his living time till his day of death. He who enjoys a rich man lifestyle throughout his life only to die a pauper is by no means successful. He who lives a life of rags and die leaving a rich will to his successors will be look upon as successful by those who survive him." --- by victor s.