by Ntombi Malatsi | Dec 21, 2014 | UNCATEGORIZED
One of the most dangerous position any person can put themselves in , is to depend on one Income for a living. Being caught up in a “rat race” where everyone is fighting/pushing for the top position is something that i could not stand anymore, because i hated being told what to do -Kim Kiyosaki.
I was introduced to Forex trading by a friend who did not only tell me good things about it, but also how challenging it is, I remember saying to myself “bring it on” I love being challenged. So i started, I must warn you though, it was not that easy. Good thing about it was that i could do it on demo account (no real cash). I started practicing for over six months on that demo account and was making it, just like many people, I also thought it would be as easy as on demo and i was actually ready to go live.
When i finally did, I realized that the profits i was making from demo account changed drastically. It was my state of mind because i was then trading with my hard earned cash and it was totally different, there were emotions involved, fear kicked in and i was totally in a different space than i was while i was doing demo, I would go back to demo on daily basis and i would “kill it”, but come live account, i would just get so nervous and mess up.
I Would make huge profits, which was a different story than what was really happening in my live account. From that experience i learned that with trading you cannot really call yourself a trader unless you have done it with real money, that is where the true test is, real money is the deciding factor. While demo account is useful as well. Now i can proudly say i am a Forex trader and i keep on empowering myself, learning as much as i can and getting as much information available to me.
IT IS EASY TO GO TARGET SHOOTING WHEN THE TARGETS AREN’T SHOOTING BACK.
by Ntombi Malatsi | Dec 9, 2014 | UNCATEGORIZED
WHICH ONE ARE YOU?
THE RESEARCHER:
There are two types of people that fascinate me lately. While I was looking around the people that I know and associate with I figured they are divided into two categories. There are those who are intellectuals, highly educated and hold numerous degrees, I tell you this type, very smart, they are intelligent and they don’t just do things without doing proper research. They research and research, collect statistics and research even more, collect more statistics and research again I mean they do research a lot. I respect this people, I like them very much; I gain so much just by being surrounded by them. These are the people I refer to as researchers. They might not be in Forex trading field, but they sure can provide you with all there is to know, they have figures and all to show, they are not just talk talk, they give evidence. They can tell you what happened to stock market dating back as far as 20 years ago, for example they can tell you all about certain religion and how it began and how bad or good it is, even when they don’t belong to that particular religion. That’s how good this people are they research about lot of things.
One thing I personally think they are missing though is action. A lot of times they are so busy looking at statistics, and at the end they don’t do anything (not generalizing, I am a strong believer in individualism). Even when they know exactly that they would like to trade financial markets or start any business, they allow their over analyzing nature to get in a way of getting started, they suffer from“analysis paralysis”, forgetting they have to start at some point. The more they research the more they fear. Research is essential because remember research provides facts, the good and the bad and usually the researchers have their eyes fixed on the negative part of a research. And that lead to unfulfilled life for this type. When statistics suggest minimal success rate, they automatically count themselves as failures instead without even being aware, read more below about researchers vs doers and their characteristics.
THE DOER:
Then there is my other group of people. They are also very smart, they read a lot, they are dreamers, they are not illiterate at all. They are educated up to some level, they have tertiary education of some sort, but there is one thing i have noticed and love about this group, this is how they operate:
They are forever hungry for opportunities, they are mostly driven by what they love other than the qualifications they possess, they are fearless, they also research a lot and while they do their own research, they also rely on the group above (researchers), this is what makes me to love this second group of people. They know that they want to trade Forex or start that business , they know what they like and they go after what they want, irrespective of the statistics and research outcomes. They are bold.
When they come across a statistic which suggest only 5% succeed in financial markets or that particular business they want to venture into, they don’t fear at all, they go for it anyway, they never count themselves among the failures, they research, they learn more instead of dwelling on the scary statistics, they are driven, they do not even once count themselves among the 95%, but they see themselves as part of the 5% success stories, their goal is to succeed in it and be counted among the winners, whether by increasing the statistics to 6% success rate or just fit in to that 5% success stories, and this group often succeed up to a point that the other group with lots of compiled research end up working for them.
Those are the DOERS, they research, they collect statistics, they get relevant education, they speak to relevant people who has been doing it already, they DO, they go back to research, they find mentor, they don’t worry about stats anymore because they have their eyes fixed on being among the winners, they read and read and they DO, and DO and DO until they master the skill. This type often live fulfilled lives as they do what they love. So if you love trading like i do. Do your research, forget the statistics,find that mentor, forget the robots, get proper education, count yourself among the winners, irrespective of your gender or statistics, just do. Thank you for stopping by and reading.
For more information on how to get started email me:Admin@learnfxtrading.net
by Ntombi Malatsi | Nov 25, 2014 | UNCATEGORIZED
WHO DO YOU FOLLOW AS A FOREX BEGINNER:
Tough question hey, I know. Let’s talk about this, who exactly do you follow as an aspiring trader?. Does having several demo accounts with every Forex broker that comes to your way help?, does it give you “heads up” on how things are done?, does it make you wiser?, Can I tell you what I think? I think it brings more confusion than clarity, I think it”eats”‘ up you time and produces no results at all. Please allow me to elaborate more and speak my mind, remember this is my own experience and I am in no way expecting you as my reader to agree with me, I am also fully aware that your experience might be nothing like mine, some of you might say following a lot of ”experts” works better but I am here telling my own story, I am not suggesting my way is the best, but at least I know it is the best for me. If my story speaks to you, then great!!! Keep reading, if it doesn’t; well you are still welcome to read.
THE JOURNEY BEGINS:
I knew I wanted to trade, I had no idea what I wanted to trade though, I had seen it online, almost every second a Forex trading advert popped up on my homepage whenever I went to the net, to my emails, I would see this advert, and most of the adverts go like’‘CLAIM YOUR BONUS NOW” you know what I’m talking about right. And I remember thinking wow!! I could be a millionaire working just for about 30 minutes a day; I really wanted to do it, so I have ”claimed” my bonus a couple of times, if you know what I mean.
WRONG TURN:
I signed up with every Forex Broker that I came across, believe me, I am not exaggerating, I really did, I had about 8 demo accounts from different Forex brokers. I was ”educating”myself, knowledge is power right! IIs easy, Google is there to answer all my questions, it is easy, so I thought. Of cause all the forums I was following and the sites I was visiting made it all glamorous and easy, though it was sites for “Forex for beginners”, I learned nothing as a beginner, mostly all I got was it is so easy like all you need to do is to plug in a robot and get rich, no one really spoke about challenges. The only thing I knew was HOW TO OPEN NEW ORDER, nothing more. It was hectic for me, I was reading a lot, downloading lots of manuals and books, watching Youtube videos, visiting sites, none of those things really made sense, they just wouldn’t speak to me as a beginner, even the basic manuals that are all over internet did not really make a difference, I was so confused yet i thought I knew something just because I knew some terms and some jargon, but nothing more. Now I understand why I was so lost, I was trying to ‘’grab’’ all that was being said on those sites where everyone just played around with Forex terms, showing off their ‘’smartness’’. I was just following. And everyone is an “expert’’ on those forums and threads. I sometimes get people suggesting that I should post, I should add videos and pictures, I can add videos anytime but for now, I am just thinking of myself at that time and how I needed to have someone clearing things out for me. Now I am doing just that for my readers, clearing things out and taking you out of the fog.
RIGHT MOVE:
I spent months and months trying to get this until I realized I had to”disconnect”from all the ”experts” that I was following and find myself just 2 mentors to follow and see if can be able to understand and learn a thing or two from them. One was more on technical and the other on fundamentals, I was able to focus and know the difference and I could also identify my own strengths and weaknesses and also my own preferences. I made a decision to unsubscribe myself from all the newsletters and daily emails that I was getting from my 8 Forex Broker companies, I also deleted the accounts. My head was clear, I felt so free from all the”clutter”, I also removed myself from all social media Forex groups especially Facebook groups ( I have absolutely nothing against Facebook groups) please don’t get me wrong. I did because I wanted to be away from outside influences or ideas from people who were in fact just like me, following everyone and anything that has Forex word , but mostly I saved myself from all those full of empty promises robot sellers from groups and I was able to recognize the fact that there are CFD’S as well that I can trade.
So please do yourself a huge favor, do not just follow on forums thinking you will learn by reading comments and conversations there. Those people are not your mother, they are there minding their own business, some are there just to sell their”‘money making robots), they are not there to put milk in your mouth, they are not there to educate you, they are traders already and what you read there is even more confusing if you never had proper training. Chances are, you will end up so confused just like I was, it is a very good idea to be involved in forums where you meet the community of other traders, I do it as well now because I am smart enough NOT to “swallow” everything that is discussed there. Relying on that too much is just dangerous. Rather find someone who will be there for you to answer your questions, I mean NOT in an AUTORESPONDER WAY or DO-NOT REPLY emails. Many thanks for stopping by and reading my post, please do come around again.
by Ntombi Malatsi | Sep 17, 2014 | UNCATEGORIZED
Life’s battles do not always go to the prepared, stronger and faster man or woman. In one way or the other we find ourselves being in situations where our heads are “deep in water” and we feel like we can’t breathe anymore. What do we do, do we run, do we hide, do we ignore? there are so many battles that we as people face in our daily lives, but the one that mostly stands out at least for me is the financial battle,”sinking” in debts. People might argue that money is not that important, I cannot disagree, but I am definitely sure the reason people say that is because maybe they have not been without it, if you have been without money and you know the difficulty that comes as a result of that, I am sure you’ll agree with me when I say financial battle stands out from all other life battles. Money might not buy everything, I fully agree, but it does make life bearable even when we are challenged in other arrears of our lives.
LIFE IS NOT ALL ABOUT MONEY BUT WE CAN’T DO MUCH WITHOUT IT.
If you are one of the people who are tired of living from hand to mouth and being in and out of banks taking loan after loan, then it is time to change the situation.I know we always say “I’ll do something as soon as I get the money” but the truth is, it can take a lifetime unless you get up and do something, there is no time to wait, time is now, but I don’t have money now, does it not take money to make money? I know these are the kind of questions that are running through your mind right now as you read this. Yes I am saying time is now. Money or no money, time is now, to make that change. Lets start by doing the following :
1.Find out what is your “chief” aim in your life, once you find that, make sure you develop sufficient self-confidence to attain it.
2.Create clear mental picture of where you want to see yourself.
3.Rid yourself of toxic thoughts like envy, jealousy, selfishness, greediness, hatred and just develop love for all humanity, after all it is a good principle.
4.Stop jumping from one opportunity to another without understanding what you are doing, remember you are in debt, and that alone makes you vulnerable to many unrealistic opportunities out there.
5.Lastly, fully understand that no wealth or possessions can long endure unless built upon truth and justice. To do that, you need to ‘shy’ away from this deadly practice called greediness and do not fear criticism, I get criticized a lot for believing in Forex, but that is not going to stop me because it works for me and even so, I do not expect it to work for everybody and always remember, if you keep doing it, ratio will appear, persistence is key.
All the above can be done while you do not have a start up cash. As soon as you are fully prepared, money will find you. It is in the planning, education and a friendly alliance with one or two persons who will encourage you to follow your plans. I can be that person to you because I have found my plan in Forex trading, it could be the plan for you as well. Find out more about my plan, and how I am striving to be financially free by connecting with me via social media of your choice listed at the bottom of this page. Thank you for stopping by.
by Ntombi Malatsi | Aug 31, 2014 | UNCATEGORIZED
Learn Forex trading the easy way,start today
So you have been ,thinking about starting something new, You’ve been thinking about VENTURING into that business that you have never really seen any one succeeding in it,you have been thinking about your dreams to learn Forex trading,GO AHEAD!!! It is worth a try, it all depends on an individual,what others failed to obtain success from, might be that very one thing you have been looking for to be FINANCIALLY FREE,with dedication anything is achievable.
You might want to know how soon you can you make it? the answer is simple,it all depends on you, it all depends on how soon do you want to see change,it all depends on how hungry you are to make that change. Just stop following the crowd,because you might be looking at unprofitable opportunities just because everyone is doing it and that makes you to think it is your “vehicle” to financial freedom.
THE BIG QUESTION IS “Do you measure your success by what others can do or you measure your success by what you yourself can do?”Many people mostly woman are scared of trying new ways of making money,simply because it is perceived to be a ”man’s” or simply because many people have failed.I believe MONEY is for all of us,money has no gender,only people limit themselves.It is high time we rise and try new ways of making money, new ways of earning a living.Whether you are working or u are in between jobs, this opportunity is for you,if you wish to know more about the opportunity to to earn Dollar from home or need to learn Forex trading,do not hesitate to contact me via any social media of your choice found at the bottom of the page,or my contact number at the top of the page.
COURAGE IS STRENGTHENED BY USE… JUST LIKE MUSCLES.
by Ntombi Malatsi | Aug 10, 2014 | UNCATEGORIZED
BETTER UNDERSTANDING , BETTER RESULTS !!!!
“You gain strength, courage and confidence by every experience in which you really stopped and faced your worst fears. We cannot ignore the fact that many people especially woman experience a lot of fear when it comes to money and investing, the harmful face of fear is when it cripple us, we become immobilized and when we are immobilized, we do nothing and we even say no to an opportunity automatically without even thinking, all we can see is what could go wrong. Fear is a negative emotion, but it can also be of benefit. It is in that very moment of fear when many people take a step further in pursuing other opportunities of making money. I personally was motivated or shall I say pushed by fear, fear of being stuck in a job my entire life, fear of having to work with that type of person who is at work just to make other people’s lives a living hell, most of the people in a job have that person, It is that fear that drove me to start looking for alternative ways of making an income.
Is it an easy path I took? not really, it has been a long journey full of tears, mistake after mistake, I never gave up because that fear was forever pushing me to learn more. Through everything I have experienced, I can only say one thing and one thing only, Forex trading is not a get rich quick scheme, It is not for lazy minded, it is not for people who are looking for quick cash, just like any other business it requires dedication, passion, learning, learning, and more learning. Treat your trading as a business, have a plan, goals (short-term and long-term) and trading will return the favor and treat you nicely with good returns. Put some work into it, keep learning, but most of all RESPECT the markets and you shall definitely see success. There is absolutely no ROBOT that can perform miracles, it is through your own efforts and dedication.
NO MAGIC PILL!!!
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