This Is Long But Worth The Read I Promise!

Whether you're investing in Forex, stocks, gold & silver, exotic, or anything else, earning money with investing is a lot more than just your initial deposit & luck of the draw. Successful investing takes practice, time, the right tools, an unshakably positive attitude & eventually, investment skills that come with educating yourself on the type of investment you've chosen.

Tips To be A Great Investor

One of the most important aspects of investing is getting started on a practice account, especially in Forex (I say especially in Forex because that's where I started ;-) )

Let me share a quick story with you, one which got me started in the world of Forex trading & investing.

A little over 5 years ago, I decided I wanted to trade Forex. Forex looked like an awesome opportunity & the idea of trading currencies seemed "easy" HA I was in for a surprise! With no experience & barely an inclination of what the FX market was, I hastily signed up for a demo account at a very popular broker. After a single night of trading (& earning $2,789 on my demo account bringing the total up to $52,789 :o) I felt confident starting a real account.

That confidence was false confidence. I created a real account & made a deposit of $1,000 (about half my savings back then). & guess what?? I lost it all with one week.

At one point my account grew to over $1,570, just by sheer luck I guess, but within 7 days I was down to $22.

It's safe to say I didn't hit the ground running in Forex..actually it's more accurate to say I fell flat on my face in the beginning. But I learned from my mistakes, picked myself up, started trading on a demo account with the same broker AND another broker (to try them both), found other ways to earn money online & within a few months I was making $600-$800/week online between my endeavors(while in my final year as an undergrad at very competitive school).

After 5 more months of practicing & learning Forex strategies, techniques & gaining extremely valuable experience. I went back into Forex trading, this time with a $2,000 with one broker & a micro account of $25 with another.

The rest is history, now I can call myself a true Forex trader, someone who understands & enjoys the market, the game of trading Forex.

The Moral Of The Story:

Learn from my mistakes!

~ Do Not start jump into trading with live money right away!

~ Test Everything (as many brokers, trading tools & systems & strategies as possible)

~ Gain Experience, read books, ebooks, blog posts from experienced traders, test everything!

~ Have Other Sources Of Income, preferably ones which you can live off of. I was fortunate to be in college as an undergraduate when I began, so my living expenses were very little. Just the money I earned from my other sources was more than enough to sustain me. MAKE MORE THAN THAT FROM YOUR OTHER SOURCES! FIND WAYS! They are out there trust me!

~ Most Importantly: Goodluck, if you ever need help I'm always just a pm away. I'm not going to trade for you, or try to give you the next best trading robot in the world but I will help you out & I will point you in the right direction