I’m learning to be a Forex Trader

I’m learning to be a Forex Trader

Isn’t life interesting? I’m embarking on a new learning curve – yet again! Forex trading. Why? Why not? After all Forex trading is another way to earn money on the internet!

Ultimately I’m on a mission – to create enough income to live my life the way I want to. This has kind of evolved over the last 7 or 8 years, but has really become a focus in the last 18 months due to the curve balls that life throws at us sometimes. I’ll explain…..

After being back in NZ for 4 years, spent renovating the very run down 100 year old home that we bought, we decided to return to Australia. We sold the house, made a heap of profit on it and came back to Australia having made the decision to buy a business that we could both be involved in and we did precisely that. Found a small business in a small town in NSW, moved down there and invested all of our money into it – including all the money from the sale of our house.

To cut a long story short, we didn’t ask enough questions, were far too trusting and our dream of becoming successful business owners very quickly became a nightmare. From the very first week of taking over I knew we were in big trouble. The business that we were told was turning over an average of $12,000 a month was lucky if it was turning over $3000!

All of our remaining funds were quickly eaten up and then an overdraft from the bank. We fought hard, stayed strong, never let on that there were any problems and business picked up a bit over the coming months, but not enough. The global economic crisis happened and the area our business was in happens to have the highest number of over 65′s for it’s population in Australia – so lots of self funded retirees all being stung by losses in their super. We made the decision (which was incredibly hard) and closed the doors a couple of weeks before xmas 2008 and moved back to Queensland early in 2009.

So here we are – me a couple of years south of 50 and Ray a couple of years north of 50 – starting again.

That’s why I’m on a mission. For a start, I’ve owned my own home since I was 18 years old and I’m certainly not renting for the rest of my life! We’ve got some big goals, to not only have our own home within the next couple of years, but to also create enough income from enough sources to be able to live our lives as we know we can, and help others to know that they too can do the same.

So here I am. Learning to make money online and now learning Forex Trading. I’ve set up a new blog to record my Forex journey here – Learning to be a Forex Trader. It will be an honest account of my journey, for my own records and for anyone who wants to follow along. (You’ll find the RSS feed on the side bar of this site with the latest posts).

Wish me luck!

Tagged with: 8 Years • Big Trouble • Business Owners • Closed Doors • Curve Balls • Forex Trader • Forex Trading • Global Economic Crisis • Heap • Learning Curve • Losses • Nightmare • Overdraft • Population • Queensland • Self Funded Retirees • Small Business • Successful Business • Wh • Xmas

Filed under: Earn Money on the Internet

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