FOREX TRADING
Forex Capital Markets
1 Million $ in 10 years ?
Is it possible to accumulate liquid funds of 1 million $ over a timeframe of 10 years ?
If yes, which of the following ways would be the best way to achieve this: (initial capital 10,000$)
1. creating a business
2. Investing in the stock market
3. trading commodities
4. trading Forex
5. real estate
6. start an online retailing business
7. create an online affiliate website
8. buying and selling on ebay
9. Something else ?
winning the lottery is not an option !.
Happy New Year. Is your new year’s resolution also to steer towards financial freedom ?. Start now ! Ponder my question.
You would need an average return of about 47 percent per year to achieve your goal. It is possible but not easy. What can work includes items 1, 2, 3, 4, and 5. With all of them you would have to take a lot of risk. You may just hit a lucky stock or a series of great commodity trades, or find a piece of real estate that increases many fold because of some development nearby that drastically changes its value. Your probability of reaching your goal is relatively low, but that does not mean you shouldn’t try.
137. An Introduction to Forex Capital Markets (FXCM)
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Technical and Fundamental Trading Strategies in Forex Currency Market and International Currencies, Forex Trading Strategies $49.99 Synopsis: Are you a beginning forex trader? Are you looking to take the next step? Forex Trading Strategies by FXCM is the perfect second step for any new forex trader. Forex Trading Strategies takes an in-depth look at technical analysis, fundamental analysis, stop placement, risk management, and gives you five step-by-step trading strategies for the forex market. As forex traders mature, they m… |
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Trend Following: How Great Traders Make Millions in Up or Down Markets (Financial Times Prentice Hall Books) $3.40 How did trader, John W. Henry, start out as a farmer and end up a billionaire and owner of, first the Florida Marlins and now, the Boston Red Sox? How do traders like Bill Dunn, Ed Seykota and Keith Campbell continually pull profits in the hundreds of millions from both bull and bear markets? The answer is that they are trend followers. Trend following is the only strategy to consistently make mon… |
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Value at Risk, 3rd Ed.: The New Benchmark for Managing Financial Risk $85.00 Since its original publication, Value at Risk has become the industry standard in risk management. Now in its Third Edition, this international bestseller addresses the fundamental changes in the field that have occurred across the globe in recent years. Philippe Jorion provides the most current information needed to understand and implement VAR-as well as manage newer dimensions of financial risk… |
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How Buffett Does It: 24 Simple Investing Strategies from the World’s Greatest Value Investor (Mighty Managers Series) $16.95 A concise, no-nonsense rulebook for investors looking to achieve Buffett-like resultsWarren Buffett is one of the wealthiest investor in the world. Millions of independent investors follow his every move. But why Buffett? What signs does he see that others miss? And more important, what can investors do to follow Buffett’s path to investment and financial success? How Buffett Does It explores the … |