In 2012 while vacationing in Bali I was looking for additional ways to make income while I was traveling abroad. After looking at all kinds of different money making opportunities that could be done online I landed on FOREX trading.
So what is FOREX?
The Forex (Short for foreign exchange) market is the market in which world currencies are traded. The forex market is the largest, most liquid market in the world with an average traded value that exceeds $1.9 trillion per day and includes all of the currencies in the world. There is no central marketplace for currency exchange; trade is conducted over the counter. The forex market is open 24 hours a day, five days a week and currencies are traded worldwide among the major financial centers of London, New York, Tokyo, Zürich, Frankfurt, Hong Kong, Singapore, Paris and Sydney. The forex is the largest market in the world in terms of the total cash value traded, and any person, firm or country may participate in this market. The greatest part about it is that it is truly a recession proof way to make money because it is never based on any one country’s economy. With so much cash going through the market each day, becoming profitable based off a conservative approach is not all that hard to do. It is also much more stable of a market and in a lot of ways more predictable that the stock or futures market once you learn the basics.
Sounds Complicated, how do I get involved and not lose money?
If you are anything like I was, I didn’t know a thing about FOREX trading and am not a math or numbers guy at all! I had a preconceived notion about the Forex market. All I ever had experienced about Stocks, bonds, futures, commodities or FOREX was that there was some really smart people that worked on Wallstreet who understood how all this stuff works and that in order to not get slaughtered in the market you must give these people your money and they some how make you money with the money you invest minus their commission of course. When I was 23 I had about $50,000 in the market being managed by Smith Barney. When the economy bottomed out in 2008, my bank roll was decimated by about 75%. I pulled the rest of my money out to cover losses on other real estate investment deals that had gone bad. So all in all, my experience was horrible to say the least. I told myself back then, that I was never going to give my money to someone else like that ever again and just trust that they were going to manage it like I would. Sure they may be smarter than me at investing in domestic markets than I am and I wasn’t personally about to go learn how to be a day trader, but I always believed there had to be some happy medium where I could conservatively invest, control and manage the money I put in to anything hoping for the best return.I found this in the FOREX market.
So how did I get involved and not get slaughtered?
Now this is the million dollar question because if you look on the internet and google FOREX, you find all kinds of crazy stuff about the market ranging from the “follow my system and be a millionaire in a week” – guy to the horror stories of the person who funded their account with 100K not knowing what they were doing and lost it all or most of it. I was extremely skeptical myself and I went looking for a person, school, formula or mentor to help me make some sense of all of this and what I found was amazing.
I live in San Diego, so I was looking for something local. I found a school called the FX365i Institute that was known mostly for it’s ability to teach FOREX trading online. They were teaching people from all walks of life the discipline and proper education to becoming a successful trader. I went in to the school (because it was local to me) to sit in for an orientation. Much to my surprise, these guys weren’t selling some get rich quick scam. More importantly they were speaking from experience explaining that the method they teach is not typical, instead it’s what they call the “Un-cola” meaning that what they teach is the direct opposite of what can commonly be found at any other Forex trading school online or in a physical classroom. They told me that I could physically come in to the trading floor every morning or just log on to the webinar, it was up to me, but the tuition gave me both.
By the end of the presentation I was sold, but before I spent my hard earned cash on the course to the tune of $4,500 I wanted to see some success stories and I wasn’t looking for the guys who were in the 30’s with a ivy league education who were finding success in the Forex market, I was looking for the average Joe’s who were plumbers and auto mechanics by trade and successfully applied the education from the FX365i school in to their trading strategy and were winning.
So I showed up on a tuesday morning at 5AM PST time when they started a normal trading day and what I found was a classroom full of people that were a hodgepodge of young and old from all walks of life that were figuring this thing out. Some had been trading for up to 4 years with the school and some as new as 1 month, but what they all had in common was that they were producing more positive trades than negative rendering them a profit and more importantly a skill set the will eventually lead them away from their day jobs and to a life of freedom and early retirement.
I signed up the very next day, gladly paid the $4,500 tuition and was on my way to pro-trader freedom.
Since then, I have been trading with the Fx365i Institute for about 6 months, my account in the Black, I’ve been trading real money in small lot sizes for about half that time and I couldn’t be anymore happy with the results. When I go off traveling it’s no problem either because I just tune in to the live webinars every morning and trade with the class from anywhere in the world. I’m never alone in this which is very important because the market can be intimidating at times and thats why I really like the hand-holding process that the FX365i Institute has adopted in taking a new student from not knowing the first thing about trading currencies to a pro-trader in a year that can live off the profit he or she is making in the Forex market.
In fact I have had so much fun and success with theses guys that I want to begin to share it with the world so other people can have the same experience that I have had. A way to financial freedom and abundance through the FOREX market.
So if you are interested in finding out more about FOREX, or how to become a student at the FX365i Institute, click the button below the video to find out more.