Tuesday, 4 October 2011

True Story of My Financial Independence

I am Julian Cahill 47, living in Middle England; and have a professional qualification grossing 76000 pounds per annum. I am father of three and (now) live in an ample rural family dwelling.

I read somewhere that one of the major determinants of a happy life is to achieve financial independence by ones fortieth birthday. When I looked at my predicament on approaching to my 40th I was no where near any financial reliance. In spite of earning good salary my account would regularly go into red near the end of month. Rising cost of living and Government policies meant that you could only be in a financial bliss if you were a DINKS (Double Income No Kids) family. In my case I was the only breadwinner; my family was fast outgrowing my small three bedroom house. With rising cost of housing I just couldn’t see how I could move into a decent size house.  To cut the long story short my life was beleaguered with compromises of one sort or an other to make ends meet.

One evening during one of my after dinner Net Surfing sessions I came across a page promoting Online Foreign Exchange (Forex) Trading - a rather novel idea at the time. The idea of making money by spending some time on computer in the comfort of your home captured my imagination beyond belief. I started exploring the prospect more and more. It was not long before I was fully engrossed into it reading every bit there was on the subject. In couple of months I was fully conversant with any and everything Forex. I opened a Demo Account with one of the major consumer Forex Brokers, I was opening and closing trades with ease and with reasonable success. This was the time to take a plunge and to go in with real money. Opened a real account with a 2K deposit – initial trades replicated the success I was having with my demo account, which gave me the confidence to keep on increasing lot sizes. With bigger trades there were even bigger profits. Now I was glued to my computer 24/7 and it was not long before my kitty grew to 7K. Brimming with excitement, anticipation and euphoria I took a week off work to really score big time. On Sunday evening I sat on my computer, started treading right with the start of trading session, couple of hours into trading, opened a trade with a massive lot size. Soon the trade that seemed an obvious winner started going the wrong way. Not prepared to take any losses I held on to the loosing trade in the hope that market will take a favourable turn. With a rather large trade already open, there was not enough margin to open more trades. The only option for me was to wait till the open trade brought about any favourable outcome. Anxiously glued to the computer screen I watched every little price action for two and a half days, the trade went from bad to worse to even worse – it seemed as if Forex god had fallen out with me. Finally on third day I got the inevitable margin call blowing my account to extinction. Undeterred by this failure I refunded my account and started all over again with a determination not to repeat the mistakes. Over the next few months no matter what I did, I met with one failure after another. Before I knew I had lost about 12 grand of my hard earned money. By this time I was so completely done with Forex Trading.

I spent next few months licking my wounds. Slowly recovered from the anguish and trauma of the experience. Final bitter realisation of the fact that knowing how Forex trading works is one thing but working it to make any money for you is totally different ball game. It requires the talent of taming greed and subjugating the fear of loss which doesn’t come naturally to everybody.

This would have been the end of my story if I had not come across a rather nifty system where instead of placing trades, one just fallows the trades of the most successful traders (Signal Providers) across the globe with a proven track record. All this is done automatically, your account simply copies each and every trade the Signal Providers / Experts execute in their accounts.  You only have to chose the Signal Providers into your portfolio based on their performance and watch your account grow. Its like world’s best and most successful traders working for you. The system also lets you open a Demo Account which proves invaluable to know the ropes in the initial stages.  Once you are acquainted with the system you can progress to having a real account with as little as 500 USD.

I have been fallowing this system for few years now. I have not only made good the losses from my initial misadventures but I have made enough to move to a bigger family home. I now earn more from my Forexing pursuits using this system than what I make from my regular job. I am not a multi-milliner yet but I think I have achieved my Financial Independence – It came few years later than I wished, still good enough for me.

When I remember the early days of my affair with Forex Trading - the pain and anguish of loosing my hard earned patiently saved money, I still get chills up my spine. I am sure there must be very many such painful stories out there. My initial humbling experiences make me almost morally obliged to share this system will all the aspiring Forex Traders out there. This decision is made further easy by the fact that if any of you opens an account through my link, I will be paid .4 pip per trade as my remuneration for referring.  If you use my link to open an account, I will also offer you initial guidance and will answer any queries that you might have, so that you are able to make most of the system and you don’t get your “figures burnt”!

I think I have achieved my Financial Independence, are you ready to achieve yours? If the answer is YES: CLICK to find out more; and open your account today.