How do I get started in Forex investing ?. First, learn. Second, read. Third, repeat steps 1 and 2.
So you have decided that you want to invest your hard earned cash. You want the best possible ROI(Return On Investment), but you don’t know where to start……
As the title of this post suggests, reading and learning all you can is key to having a profitable investment portfolio. The first site I would like to suggest is BabyPips.com, they have lessons that help anyone learn about the world of Forex investing. Once you have learned how the Forex market works, you can keep up on the news of the world currencies over on FXStreet.com.
Now, you have learned what a “pip” is, drawdown, trailing stop, and all the other terminology that goes along with Forex. You are ready to get started. Some companies suggest that you buy your own software and trade yourself…..well from my experience, unless you don’t plan on sleeping for the next 5 years, don’t do this. A few minutes not watching the Forex market can mean blowing up your account and losing all you money. Believe me, I personally know people who have been trading for a long time, give up trading this year because it requires a 24 hour watchdog.
So what you need is an EA(Expert Advisor), no this is not a person but a robot who will trade your funds for you. Now most of the Forex software makers out there say they have the best “robot trading program”, my question is where is the proof ?. If you have proof of real trades over the last 4 quarters please let me know.
So how do you get access to an institutional grade EA to trade you funds ?. Contact Oceanside Forex. And how do you get started ?. If you are looking to invest $50k or more, you are looking for a managed account.
Don’t have $50k to invest well then you need to contact us privately to learn how you can join our private network for under $300.
I would like to suggest that you don’t wait to invest. Every month you wait means the longer you have to work building the dream of someone else.
