Forex trading and me

 Forex trading and me

For those of you who know me, know I have been a PR guy all my life, started in India, now living in Singapore. Anyways, for the longest time like everyone else, I too wanted to make money. Tired regular SIP’s in mutual funds, which are good, but nothing to write home about. Saving cash in fixed deposits ( yawn!) boring as hell and takes forever to make money.

So I was on the lookout for avenues to start making money I went about my mundane life trying to balance work-work balance and trying to get some life in there. Low and behold one day we get an opportunity to work on a forex trading client, www.oanda.com , That I believe was start of good things. I had to do a lot of research to understand what the hell-this industry and client was all about.

It was then I understood the difference between ECN or a broker and market makers like Oanda. Seemed nice, so what is the catch? Hmm days passed by, as I serviced the account little by little more information started coming through. Almost six month passed and I was talking to my mate Jagan, telling him about Forex trading. SO I kinda procrastinated ( i sometimes do that).

While I wasted time doing rubbish things ( read life and job) thousands of dollars were being made and lost. I use to see adds in papers saying make millions etc. and I thought to myself, “ what fucking crapshit, if people could make so much money, everyone would quit their job and do this. Fucking conmen, I am sure there is a catch to it.” 

I continued to let it be, not doing anything about it, Jagan in the meantime bought a book on Forex and started reading it, and we both decided that we should open a play account with good old Oanda, which we did. Boy oh boy, good choice. In the interim we ( my friend Jagan, Inseeyah and yours truly) went for one of those get rich quick seminar, to see what its all about.

Now they were trying to peddle some courses etc. but the key take away was this, Forex trading works. So I am now going to share my journey in this cool and exciting business that I am going after. The reason I am making it public is, everyone should benefit from this so if you are interested, please do follow my updates