Fixed Odds Trading Strategy

When I look around the forex market at different products on offer that will generate profits, I’m struck by the fact that very few seem to mention the real secret to boosting your growth.

I mean of course, compounding your profits.

Are you tired out of your mind constantly reading about the next great scheme to make you a squillionaire? Does anyone actually believe any of this stuff any more – or does the greed factor kick in and the $ signs light up in the eyes.

I see so many people blinded by greed or desperation who jump into the forex market because they have been sold on the idea that it will make their fortune. Unfortunately most of them will lose their hard earned savings because they just don’t have the experience in the market to survive.

You’ve all heard about compounding, but have you really stopped and thought about it? Have you considered just how it can grow your bank balance?

Do this exercise now. Get a calculator and start with £1000 and add 10%. Then continue to add 10% to each total for another nine times. I think that you will be surprised at the final amount generated by compounding all those 10% amounts onto the initial sum.

Now if each 10% added represented just 8 days, then after less than 3 months your initial amount has grown considerably.

I trade in the forex markets using fixed odds and this is how I have helped my membership to generate some very healthy profits.

In fact, my last loss was on the 25th March 08. Since then my members have had 32 winning trades with an average return of just under 16%.

Try compounding that amount and see the huge growth in the pile of cash.

Most of those trades had a return of 11-12%, but a few gave 60%.

Notice that I mentioned a loss. Well it will happen and it is best to plan for it.

First off, ignore your greed instincts. Once you have doubled your money, then take half out (your initial capital) and just trade with your profits. That way you do not really lose.

Then, never use more than 20% of your ‘bank’ on any one trade. So if you do get a loss at some point, it will not impact too badly on your overall profits.

If you are interested in learning more about fixed odds trading (forex), then check out my membership.

Graham

Profit Vortex