A little while ago I decided that I would try investing on the Forex. I had a little money that I had received from an inheritance, so I put that money to work on the markets. Being new to currency trading, I decided to do a little research about investing on the Forex markets.
There was a bit of a learning curve.
But I worked away at figuring it out, and with time, I finally made my first trade. It was a bit of a rollercoaster, but once I calmed down a bit and reminded myself that trading was all about numbers and that emotions didn’t belong in any investment decision.
I made money on that first investment.
Since that time, I have been reviewing my portfolio twice per week to see how it is doing. I know that some of you out there will think that I am not checking regularly enough, but with my busy lifestyle, I just don’t have time to commit to more than that. Thankfully I am checking it regularly enough that I am still making money, and since it is doing better than my mutual fund portfolio, I am happy.
But there is always room to learn more.
So, I take some time each week to learn a bit more about Forex investing, and I hope by years end I am a lot more knowledgeable and experienced than I am now. Once I am confident in my investing skills, I am planning to put more of my retirement portfolio into the currency markets – I’d like to retire before I am forty.