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Forex Trading: Trade Forex and Make £500 per Day For Life
By Benny Nardino | December 20, 2005
Do you know that over $2 trillion of trades are made each day in Forex market? Out of these trades, 70% of it comes from just five currencies. Amazing isn’t it? Let me give you a sneak peep. I have taded for over five years now consistently on currencies because I discovered that as an engineer I was labouring too had for so little.
That is why I want to share this skill with you and those who have a burning desire to learn “How To Trade Forex Market”. There is a great reward from it if you invest time into it.Do you know that with only 2 ~ 3hrs of trading each day you could make what you fighting for in a week? I can show you how. If I get enough response on this simple blog, I will put up some tutorial for it.What is Forex Market?
Forex is a short form of Foreign Exchange and it is a speculative market where each currency pair are traded on the spot. Mildly put it is an auction where sellers are asking for certain prices against a buyer’s bid price. The high liquidity of the market means that you will always have buyers/sellers 24/6 of the week.
When I started some years ago it was a bit difficult finding the right information. There weren’t a lot of retailers as you might find today. Attempting to trade it like the Stock or Futures markets I soon discovered that the Forex had greater dynamics and trends. This thus require careful planning. So I began to devise a way from back-testing the price charts. There were a whole lot of trailblazing and minor losses at the early stages but I have since clawed my money back.
How you could Profit from Forex Trading.There are three points you should consider very well.
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Your money management
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Technical Analysis and
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News (embedded in this is macro economics news).
Without prior analysis on any of these areas you will find yourself sponsoring and making donations to the market on regular bases. How I trade
I wake up as early as 0500hrs GMT before the London market opens at 0700hrs. Analyze the Japanese market perfomances on EUR/USD, USD/JPY, GBP/USD and USD/CHF positions. I will then look at the econ. news to come for the day and when they are expected. Everyday I aim for 50 pips per day. In the last 3 years I can tell you that I have gained an average of 73 pips per day.
You too can do it. It may not be 50 or 73pips at this early stage but even a 20 pips gain constitently can change your life in two years if you manage your resources well. I will show you how if you are interested and show enough commitment and hunger.
For a start, here is my trade for today Dec. 20, 2005 on EUR/JPY (15mins.)…
My target number of pips per day is 50 and this trade yielded 97 at my Limit Order. Not bad for a day’s work. If you could learn “How to trade this market” it could feed you for life. Happy Trading.
Benny Nardino
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7 Responses to “Forex Trading: Trade Forex and Make £500 per Day For Life”
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December 22nd, 2005 at 10:35
Hi Benny,
I came to your blog after reading your posts on Forex Factory. You say you might put up a tutorial here if you get enough interest. Well, I am interested.
Thanks
Charles,
(diallist on Forex Factory)
December 22nd, 2005 at 20:55
Yes, Benny. Please show us.
Thanks
Franco
December 22nd, 2005 at 23:53
Id love to learn your stategies. Ill be eagerly awaiting your tutorial.
Thanks for sharing your knowledge.
Billy
December 23rd, 2005 at 5:34
I am very interested to be part of those waiting for your tutorial.
If you are already sending lessons out by e-mails, please include me.
highway3000@bluewin.ch
Thank you Nadino
December 26th, 2005 at 10:55
Disocver your Blog Today. Whish you a merry christmas. Eager to learn from you so if a tutorial …
agaudy@free.fr
January 7th, 2006 at 6:05
Benny,
I am very interested in your tutorial.
If you are already sending lessons out by e-mails, please include me too.
tangos33@hotmail.com
January 16th, 2006 at 12:41
Hello Benny,
After having carefully looked at your trades, I am also very interested in your turorials. Any chance you could add me up please?
thank you!
email: jameshemingway@gmail.com