Learn how the Smarters traders make up to $200,000 per month by using this Forex secret trading tips. Learn how to create a double income stream with Forex trading.
HomeRoots Pitch Deck | Investor Insights | April 2024
34 forex secret trading tips how to create a second income stream with forex trading.
1. Forex Secret Trading Tips:
How to Create a Second Income Stream from Forex Trading.
By: Jay Molina
From: http://myfxventure.com/
Trading the Forex can provide you with the ability to expand your income, secure
your family’s financial future, and achieve true
financial freedom. However, there are other ways to
make money as a Forex trader other than trading.
Many traders from all across the globe have been
creating a second stream from Forex without any
sales, customer service, or high starting up costs.
This second income stream is created through the
use of referral programs from Forex companies.
These programs allow you to profit by just referring
those around you to the company. This is a very
easy and inexpensive way to produce more profits
and even generate more trading funds. You are
about to learn how this one Forex secret trading
technique could produce you a consistent source of cash flow to fund your trading
account.
I have been using referral programs like these ones for years and they have
produced me thousands and thousands of dollars with little to no work from my
part. The most successful ones have some similarities that I will be discussing
below:
The best programs offer you easy to use promotional tools: Most traders do not
own a website. As a result, they will use other means to create their second income
stream such as business cards, emails to friends, postcards, and others. This is why
the referral program you select should provide you with email templates, business
card services, top notch customer service, and more.
2. Make sure to shop around before you select one: I always compare the options,
features, and products they offer before I sign up for a referral program. The best
part about being part of a professionally managed referral program is that
companies are normally willing to give you extra value (for example: some brokers
will give you advanced trading platforms when you refer customers).
Set realistic and achievable goals: Setting your goals is definitely the first step to
success in any type of business. Whenever you decide to sign up for a referral
program set realistic goals that you can achieve by taking little baby steps towards
them. This is the best way to make sure you stay positive, focused, and eventually
achieve your goals.
Choose a referral program that delivers payments on time: The most trustable
referral programs in the Forex industry pay their partners on time. I have learned
that whenever a company delivers payments late is normally a sign of
unprofessionalism.
Start small and grow with time: I have always said it “Big expectations lead to
big disappointments”. Success is composed by several small failures and without
mistakes success would not be possible. The only way to become successful with
any referral program is to give your business (or second income stream) time to
grow. Needless to say, a referral program is NOT a get rich quick scheme and
making good profits requires dedication and hard work.
To produce big profits you need to be consistent: Being consistent is as
important as being patient. Your second income stream business will not take off
in 2-3 days. Sometimes it might take 2-3 weeks to establish a list of clients and to
start to produce profits.
Joining a referral program can boost your income and definitely provide you with a
new income stream (or even substitute your income). Remember to always start
small, be consistent, choose the right program for you, define your goals, and
especially be patient. I hope you have enjoyed this part of my series of Forex secret
trading tips.
To your trading success,
Jay Molina
Pro Forex Trader & Educator
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the highest paying and best quality referral program in the Forex industry!