If you're anything like me your goal in life is to make as much money as possible with as little effort as possible; brilliant idea right? Years ago everyone would have laughed at this concept, some still laugh about it today but it's more than possible; I'm doing it (look who's laughing now, eat it). Some are more than happy to go out, work hard and bring in small sums of money every two weeks just to say they work hard. That's cool but I'd much rather be sitting outside with my laptop soakin' in the rays and getting tanned all day.
You want to know the secret to becoming financially stable with Forex trading? It's actually not as devious or as much of a secret as you'd think; it's just logic. It's fantastic for a teenager like me or even a struggling parent (though some variables will change) so I'll do my best to give both types of people options.
Step one is working a job; now you're thinking "that ruins the whole plan" but keep reading!
The next step is saving your money (as much as possible) while working this job. If you're a teen, you'll likely be living at home with your parents; this means you can save more money. If this is you what you want to do is save all the money you can, meaning you only spend what you NEED to. Like gas may be a necessity to get to your job but you don't need GTA 4 (even though it's fun business).
If you're an adult living on your own (maybe you have children, they're expensive these days) what you're going to do is cut out everything you don't need. It'll be tough at first, no doubt about it, but by the end of the plan you'll be very happy. You don't need all those extra channels on cable, you don't need to run the air conditioner that much, you don't need to leave that light on as much, etc. small things like that add up quickly.
Regardless of your situation your goal is to save roughly $500-$2000 to invest and another $100 for the next step.
The third step is where the $100 comes in; you're going to buy a Forex trading system. I have a fool-proof method to buying one; what you do first is make sure the trading system has a 60 day money back guarantee (the longer the better, 60 days is the longest I've seen) and a demo account. A demo account let's you play the Forex trading "game" with "play money". This allows you to see if you can profit using this trading system before investing your real cash; it's brilliant.
You use the demo account for the full 59 days and if you see you can make profit you keep the system and you can feel confident in investing your real cash. If there's no profit to be made you simply get a refund and try another system; see how that works? There's no risk when buying one; it's fool-proof!
Once you've found an effective trading system, invested your real cash and have made profit here's what you're going to do. You're going to save half (or spend some of it if you absolutely NEED to, ie: if you're in debt) and put the other half back into your investment (back into Forex trading).
You simply rinse and repeat this step until you've got about $10,000 invested in Forex trading; at this point your debt should be gone if you had any (unless you're deep in the hole, but you'll get out if you keep following this method) and if you didn't have any debt you should have a nice chunk of change in a savings account that's adding up thanks to interest.
Keep in mind you're doing all this while you're working your regular job (which you likely hate). The job hopefully takes care of all your bills and stuff but again if you've come up short some of the half you should be saving can be spent on bills (don't spend it all, you need to save some of it!).
After you have some nice cash saved and a decent amount (+/- $10,000) put into Forex trading you can take your monthly profit, split it in two and spend half then save the other half.
As you continue trading you may see that Forex trading could easily take care of your entire income and you might be tempted to quit your job. Don't quit until you've been using your trading system for at least a good year or two. This way no matter what you should have a nice amount of cash sitting in a bank account and no worries in the world. An effective system can make up to $100,000 in profit per-year (some make even more); so trust me, quitting that job will be tempting.
For reviews of the top three Forex trading systems, including the formerly-private-now-public Forex Funnel, click here: http://forex-funnel.the-perfect-solution.com/
