Exploring Forex

When it comes to investing, I have always believed with the saying "don't place your eggs in one basket." I am always on the lookout for other alternative ways where I can diversify my investments. A couple of weeks ago I overheard John Calub in the radio talking about financial freedom and the wonderful world of forex.

I listened about how he is currently earning a lot of money through his investments. He was promoting his seminars wherein he was going to share his methods of investments. Although I wasn't able to attend his seminar, I did some research about him and found myself digging through a lot of testimonials.

One thing that caught my attention was his talk about investing in Forex. Back when I was still actively clicking on a lot of paid to click websites I came across an ad about investing in Forex. Since I didn't have a clue about it then, I didn't pay any attention on the advertisement. Fast forward a couple of years after, I came across the same ad from an articles that I was reading about Forex. It was the same ad I read back then and so I decided to click on the ad and read about it.

Etoro was a website combining forex trading with social networking.  I read their mechanics and found out that they have a copy trader system which enabled me to copy every move of their top performing traders. Since I have no experience in trading Forex, I thought that copying the gurus will help me in investing on forex. My interest grew more once I found out that I didn't need to invest in order to test out their system, so I immediately registered an account and I am now studying which trader I should copy.

Since the initial deposit is very low I am going to try this out once I come up with a list of Gurus to copy. After studying these Gurus for a month I will make an initial deposit of $200 and observe the result of my investment. My expectation in this is very realistic and I am not expecting this as a get rich quick system. I am optimistic that I could make returns a bit higher than my other investment but I am also ready in case I lose in this investment.

I will be posting updates about this the next couple of months. I won't be recommending this website until I get back all my initial investment.

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