Hello! Its me Bottle again. Well Black is busy studying for his upcoming exams you see, so its left to me to keep you guys update... and entertained if possible =)
O yea the image above is a "Fortune Cat" I have one of those near my workstation. Hope it brings luck! Feng Shui u know?? Notice that this cat is not smiling aye? Lost in trading? Floating loss? I wonder why...
Well like my title above. Quitting high like heavens salary jobs and switching over to trading Forex. Quite often we see this in newspaper yea? You know, they usually comes together with Forex seminars/talks or some smart software programmer trying to sell you their version of the "Holy Grail"??
Then we will start telling ourselves, "O Issit even possible?? Dont be an asshole and cheat average joe like us into ur programs man~~!! SCREW U"
1st, will you forsake your highly paid stable job for trading Forex? Which to many people, a much higher risk choice?
2nd, to quit your 10k/mth job for trading Forex have to mean that by doing so, it brings in more income yea? But 10k/mth dude!!
OKAY! Let Bottle myself and on behalf of Black (We usually think alike you see?) tell you our "Thoughts in words" for the day. May new or going to be or wannabe or almost failing who wants to give up already Forex traders see this and hope it clears your doubt.
For point number 1, actually if i were to have 10k/mth salary, i would not have give a damn about Forex anyway. hahahahahaha! So its nothing much to talk about yea? But come to think of it, lets face it guys! We all know that at some point of time, no job or position is totally safe from or immune to RETRENCHMENT. Unless you are the boss of cause. If you are one who think far and wide, alternatives will starts to flush into your brain when the thought of retrencement comes in.
Ok lets get to the interesting part, the Maths part. I like~~ In order to achieve same financial support from your previous job of 10k/mth salary, most likely we wont give in to anything lesser aye? How about $10001/mth? Increment of $1. I can tell you now that its possible!! From the pen and paper i was holding earlier calculating with my calculator... yes its possible.
I will keep it short and sweet so you will have the time to go think about it. Effective working days a month is 20days. All the weekdays only, if you work weekends too... im sorry man.. But u can start learning Forex trading now =) 10000/20days = $500 per day. By trading a standard lot, each day you will need to hit 50pips profit at least. Lesser if higher lot. And from what i see in Forex charts of different pairs, reaping 50pips/daily is not impossible. Well we can always split you see? 25pips at a time? 2 times a day? Using the time in your office from 8 to 5 and work in the comfort of your home instead? Spend more time with family? Spot 2 opportunities for 25pips at a time?? I dont think its really very difficult if we are experienced and "pro" enough. And that $1 i talk about? Just get a 26pips profit from one of your trades man. That makes $10010 my friend! $9 more!!!
Well the above does sounds easy. I myself is far from that level yet though. HAHA! But what im trying to point out is, with proper trading discipline, system and money management. Its really possible. Like i say we have to be seasoned/experienced enough to perform the above mentioned stunt. Thats our ultimate goal. But please dont jump into conclusion that trading Forex is easy money! This thinking will rip a big fucking hole in your pocket! It has to be done systematically. Trust me... Lets do it slow and steady hand in hand yea??
The pessismist finds difficulty in every opportunity; the optimist finds opportunity in every difficulty