How would you raise $5,000 to fund forex trading account? Live trading account, I mean?
For many, $5,000 could be 6 months salary, or 1 year’s salary. It really depends on which part of the world you live in. Now, even though $5,000 may be hard to get, it is not impossible.
Almost all forex websites you visit tell you about how to trade etc..but no-one really talks about the fact that in order to trade, you need cash and actually how to get the money required to start forex trading live.
I guess everyone assumes that anybody who wants to trade forex has adequate money to start with, right?
Actually, there are people interested in trading forex but really have no money at all.
How is that possible?
Well, because that’s how the world works…some people have it, some people just don’t.
If Something Is Hard To Get…
If something is hard to get,what do you do?
Dream about it?
Wish for it?
For how long?
You see, dreaming does not bring results. Taking Action does.
When you are hungry, you do not dream about food or wish that food will fly to your mouth. It never happens. Not in this life.
Your hungry stomach will make you stand up, take a walk to the kitchen to cook something, or open the refrigerator to see if there is any food in it, or jump in the car and drive to McDonalds or KFC or whatever.
When your stomach demands food it is near impossible to ignore it.
Let me construct the sequence of events that happens when you are hungry:
step 1: you feel hungry (situation)
step 2: your mind tells you where to find food (solution)
step 3: you leave whatever you are doing at the moment and you go and find food (taking action)
step 4: food in your hand, into your mount, into your stomach (mission accomplished!)
As a forex trader needing cash to fund a live forex trading account, you situation would be like this:
Situation: Need to find $5,000 to fund forex trading account
Solution: What ways or options can I raise $5,000?
Taking Action: This is when you start doing what it takes to get $5,000.
Mission Accomplished: You finally get $5,000 and fund your forex trading account.
OK, How Would You Actually Get $5,000?
Now, think of it this way…$5,000 in itself is quite a big number, or isn’t? It isn’t a huge amount when you break it down into smaller parts.
To make $5,000, you need:
five thousand one dollars.
or five hundred $10 dollars
or one hundred $50
or 200 hundred $25