As I mentioned in a previous post, I recently joined the Home Trading Course program to learn the ropes in the Forex market. I’ll be honest, this is been quite the experience and I can’t believe I didn’t get into the forex market earlier because there is some serious money to be made here. I have been running a demo account with the Home Trading Course expert advisor for over 2 weeks and I have profited over $1000 starting with an initial deposit of $3000. You do the math but those are some damn good returns especially when you can get your money back in your bank account within a few days. Obviously the smart investor would want to roll those profits over to increase your profit margins on future trades but knowing you can have that money back should you need it is a pretty attractive perk to trading forex.

Now it’s time for me to move over to the live trading account and I have decided to start with the brokers minimum deposit of $250 and see what I can grow that amount to over time. For those of you following along or for those that currently have a demo account, here is what you need to do in order to switch over to a live trading account.

Step 1: Go here to sign up for a live account. There is some forms to fill out and they will contact you within a couple days to approve your account.

Step 2: Once you receive your approval email, they will send you a fresh link to download the live MetaTrader 4 platform. If they don’t send you the link, ask for one.

Step 3: Fund your account. They will send you instructions for doing this in the acceptance email they send you. There are many options including Paypal and credit cards.

That’s it! Once your funds clear they will send you an email and then it will be time to start trading. If you are using the Home Trading Course program you will want to install their expert advisor into your MetaTrader 4 platform.

My account has been accepted and I am just waiting for my funding to clear and once it does I am going to let my $250 ride using the Home Trading Course expert advisor. Obviously, if the live account performs as well as the demo account I will be adding more money to my account. Of course, I will also keep you posted on my progress with the live account as time goes on.

Let’s make some money!

Kris

Yo! As I mentioned in one of my previous posts about trading the forex market and if it was worth a shot, I must say that it’s definitely turning out to be a very profitable move at least with a demo account. Again, I am using the Home Trading Course system and their automated trading robot and simply trading the USD/EUR with a beginning balance of $3,000 I have made over $500 in the last 3 days, check out the trade log here. You want to look at the “Closed Trade P/L” at the very bottom on the left and you will see the original $3000 balance now reflects a balance of $3,516.93. The market isn’t open on the weekends to I started the automated robot on Thursday May 21st and today is my third trading day.

Granted, this is a demo account so the money isn’t real but every other element is. If I had $3k in the account the results should essentially be the same from what I understand. The cool thing however is that you don’t need $3k to trade Forex, in fact, you can deposit as little as $300 with the broker that the Home Trading Course recommends. You should remember that I am new to Forex and so far it’s looking like it could be a major contributor to my income and if it’s really as profitable as it seems, this would easily qualify as the easiest and most passive income I have ever seen.

Don’t get me wrong, Forex is risky especially if you were attempting to trade it manually without the help of an Expert Advisor or automated trading robot. These robots have built in programming to play the market safe and if the market starts to take a plunge the robot can bail you out before the loss becomes too large. I am going to continue to run the Home Trading Course robot for at least another week and I will keep you updated on the outcome. If the profit levels are in the positive by the end of next week it will be time to open a live account with real money to see how much we can really make.

Let’s make some money!

Kris

I’ll be honest,  until about 3 months ago I never really even knew what Forex was all about. I had a general idea but I didn’t know what was required to make money with Forex. I didn’t know what PIP or an Expert Advisor or Metatrader was but I did know that people were making some damn good money in the Forex market. I also knew that people were buying up every new Forex program that hit the market claiming their automated robot would trade the Forex market on autopilot while they sat back and raked in cash.

With all the fuss I had to jump and see what everything was all about. I decided to buy the Home Trading Course program by Lane Riley so I could get my feet wet with a demo account. The reason I bought this course is it seemed to be more focused on helping the beginner forex trader as opposed to the other forex programs out there that seem to be for the intermediate or advanced trader. I have to say that I genuinely like the program and that I have made over $3k in my demo account trading with 10k in only a week. Again, this is a demo account and not live money but if it were live money the results should be the same from what I understand. I am basically trading the live market with play money so essentially if it was an actual real money account and I was trading with 10k I would have profited 3k last week!

The big selling point for me on getting into this forex trading was the fact that an estimated 3.2 trillion dollars changes hands daily in the forex market and its has had a steady rise in popularity since the late 1970’s.  Another attractive benefit to using an Expert Advisor or automated trading robot is I can leave my computer on all week and the robot makes all the trades for me and profitably to boot. Now obviously with any type of trading there are risks and the forex market is risky but you can actually get started with as little as $300 and build up your profits from there.

The bottom line is that I see this becoming a healthy additional income stream for me and I plan on dedicating some time to understanding how all of this works. Of course I will be sharing my thoughts and experiences with you over time so you to can make money with forex should you decide to add it to your online money making arsenal. I believe in diversification online because you never know whats gonna happen. The trick is to get one income stream established and then start focusing on the next one.  I will keep you posted on this topic so we all can make money with forex!

Let’s make some money!

Kris