I just want to share a little business ideas with my fellow brothers and sisters. Though I am new here and happy to meet everybody. I have recently came across some posting discouraging people from investing in stocks and when I checked the reason behind it I came to my understanding that the idea was base on the person’s experience in the business, maybe he or she must have involved directly or indirectly in the business and failed so if anybody else want to invest in such business then it has become a suck. But I don’t think this idea is the best because this is a business some went into and has being making profit day in day out without any problem. Myself is a clear example and here is my story
I was born and brought up in an Islamic home and has live and work at my country home all my life having served in the Army and got retired 2004. I went into poultry farming business where I failed completely. Then I had no option than to look for other job in order to sustain myself but the job was not there due to the economical hardship facing my country because of bad leadership and corruption which has eaten deep into the system and the result was getting worst as the youth has no option rather to indulge themselves into bad activities such as prostitution, internet crime rubbery and other way of satanic living called western civilization where someone will forget moral and start living like animals, killing each other for ritual infact this should have been a story of the past. I gathered money and went back to school to obtain 2 years diploma in information technology with a reason because I want to go into online business if possible stocks or online trading which I will be doing myself, though I don’t want to start this as a novice I want to know very well what I will be doing as a businessman. After my diploma course and had arrived at a decision on what to do about my online business then I went to take online course on forex trading for 9 months with two different institutes and practice for about 6 months while I was looking for capital to start the business. I had to take up security guard job again so as to gather money, I even approached friends, relatives and sell some of my things and gather all the money together which I finally succeed in investing it on the business. Even with this training I had I did not just sat down thinking I can do it alone I had to subscribe to forecasting institutions in order to back myself up in case of any uncertainty. Then I begin to trade and start to earn my daily income steadily and now I have completely retired myself from all sort of jobs and concentrating on my trading and even managing account for people who can’t trade on their own due to the nature of their work or lack the knowledge.
So for those who don’t know currency trading is one of the business you can do on your own without having the fear of involving workers, office or going to buy some equipment but only your computer and internet service and you are done but must have good knowledge as I have said if not you will go as how those that have misconception on the business went in the first place. But if it is well learned I bet you sky is your limit you will continue to earn your living with happiness from trading forex. Having said this what do you think can be well done without Dua to succeed, seek for the rightful Dua before involving yourself in any form of business and don’t try to cheat or any form of cheating just because is free for you to do like online business where nobody sees you but what about the almighty Allah who is watching, what about the business in question itself . Take online business with caution of being watched by the whole world and see yourself climbing up in life.
Here is some tips if you want to go into forex trading business:
To trade it yourself;
Try to learn the business for at least 1 year
While learning try to make friends that are already into the business and add them to your messenger for easy discussion.
Look for a good capital ranging from $5,000 - $15,000 to start with
Choose a good broker that will not rip you off due to her charges and avoid interest paying broker it can be dangerous both religiously and other wise.
Give more attention to the business than other things
Subscribe to professional forecasters like two of them to have back up daily market knowledge
Always make your profit withdrawal when 100% profit is seen
Always use 2% of your equity to take trade and the remaining 98% as a back up
Don’t over trade, if your daily target is hit then call it a day and go to rest for the day
Don’t use robot to trade as a starter because the disadvantage is bigger than the advantage
For someone to trade it for you;
Try to know how successful the person has being by showing you his or her trading record
If you are convinced then open account for yourself with a good and interest free broker
Deposit maximum of $100 in Micro account and use it to test his or her trading capability by releasing the account for him or her to trade on if what he or she said is true then you know, releasing the account to the person doesn’t mean he or she has the control over the account but only to trade on it and not to make any withdrawal or any other thing in it.
If the trading style or strategy can earn him or her $3 - $5 on daily basis then you are sure of realizing earning between 80% - 100% at the end of the month.
Make withdrawal of all the profit he or she make and pay his or her commission sharing, by now you must have known how the whole systems works so you can now go fully.
Then do deposit of the amount you want to trade with into Standard or ECN account it depend on your choice and your capital, for example in Standard account if you deposit $10,000 to trade and your target is 5% which means $500 will be the target but in ECN the 5% will be $5,000 but not with a small deposit of $10,000 the minimum deposit adviceable for ECN account is $50,000. That is why it is said forex trading is for the rich men due to the amount needed to make a good starting.
On no any circumstance you show your account detail apart from the account trading login and password to anyone not even your account manager, this is very dangerous as everyone term to be good but what is in mind is different infact this is very common with our Muslims this days. Your Pin Code, personal id submitted your email password are your tools for withdrawal do save them in a secure place not even in your computer system as some can hack your system and get your information out.
Location about where someone lives doesn’t matter in managing account for you what matter most is ability to trade the account to be making profit, so someone can trade your account from anywhere around the world as far as the broker’s platform has MT4 software installed in their trading website is just to download it and install then login the trading account number and password and begin to trade.
You have to download the MT4 software from the broker website yourself and enter your investor’s login to be monitoring the manager’s activity
Know how to change the trading login information you give to account manager so that you can disable his activity when he or she is not going well with your account and lock him or her out of the account completely. If you find it necessary you can withdraw your money or look for another capable hand to start managing it again.
If you can go by these mentioned rules you can stay online without any hitches making between minimum of $300 - $500 on daily basis.
Remain blessed my fellow brothers/sisters in Islam and thanks to almighty Allah who is our guidance in all our daily doing.
I just want to share a little business ideas with my fellow brothers and sisters. Though I am new here and happy to meet everybody. I have recently came across some posting discouraging people from investing in stocks and when I checked the reason behind it I came to my understanding that the idea was base on the person’s experience in the business, maybe he or she must have involved directly or indirectly in the business and failed so if anybody else want to invest in such business then it has become a suck. But I don’t think this idea is the best because this is a business some went into and has being making profit day in day out without any problem. Myself is a clear example and here is my story
I was born and brought up in an Islamic home and has live and work at my country home all my life having served in the Army and got retired 2004. I went into poultry farming business where I failed completely. Then I had no option than to look for other job in order to sustain myself but the job was not there due to the economical hardship facing my country because of bad leadership and corruption which has eaten deep into the system and the result was getting worst as the youth has no option rather to indulge themselves into bad activities such as prostitution, internet crime rubbery and other way of satanic living called western civilization where someone will forget moral and start living like animals, killing each other for ritual infact this should have been a story of the past. I gathered money and went back to school to obtain 2 years diploma in information technology with a reason because I want to go into online business if possible stocks or online trading which I will be doing myself, though I don’t want to start this as a novice I want to know very well what I will be doing as a businessman. After my diploma course and had arrived at a decision on what to do about my online business then I went to take online course on forex trading for 9 months with two different institutes and practice for about 6 months while I was looking for capital to start the business. I had to take up security guard job again so as to gather money, I even approached friends, relatives and sell some of my things and gather all the money together which I finally succeed in investing it on the business. Even with this training I had I did not just sat down thinking I can do it alone I had to subscribe to forecasting institutions in order to back myself up in case of any uncertainty. Then I begin to trade and start to earn my daily income steadily and now I have completely retired myself from all sort of jobs and concentrating on my trading and even managing account for people who can’t trade on their own due to the nature of their work or lack the knowledge.
So for those who don’t know currency trading is one of the business you can do on your own without having the fear of involving workers, office or going to buy some equipment but only your computer and internet service and you are done but must have good knowledge as I have said if not you will go as how those that have misconception on the business went in the first place. But if it is well learned I bet you sky is your limit you will continue to earn your living with happiness from trading forex. Having said this what do you think can be well done without Dua to succeed, seek for the rightful Dua before involving yourself in any form of business and don’t try to cheat or any form of cheating just because is free for you to do like online business where nobody sees you but what about the almighty Allah who is watching, what about the business in question itself . Take online business with caution of being watched by the whole world and see yourself climbing up in life.
Here is some tips if you want to go into forex trading business:
To trade it yourself;
1. Try to learn the business for at least 1 year
2. While learning try to make friends that are already into the business and add them to your messenger for easy discussion.
3. Look for a good capital ranging from $5,000 - $15,000 to start with
4. Choose a good broker that will not rip you off due to her charges and avoid interest paying broker it can be dangerous both religiously and other wise.
5. Give more attention to the business than other things
6. Subscribe to professional forecasters like two of them to have back up daily market knowledge
7. Always make your profit withdrawal when 100% profit is seen
8. Always use 2% of your equity to take trade and the remaining 98% as a back up
9. Don’t over trade, if your daily target is hit then call it a day and go to rest for the day
10. Don’t use robot to trade as a starter because the disadvantage is bigger than the advantage
For someone to trade it for you;
1. Try to know how successful the person has being by showing you his or her trading record
2. If you are convinced then open account for yourself with a good and interest free broker
3. Deposit maximum of $100 in Micro account and use it to test his or her trading capability by releasing the account for him or her to trade on if what he or she said is true then you know, releasing the account to the person doesn’t mean he or she has the control over the account but only to trade on it and not to make any withdrawal or any other thing in it.
4. If the trading style or strategy can earn him or her $3 - $5 on daily basis then you are sure of realizing earning between 80% - 100% at the end of the month.
5. Make withdrawal of all the profit he or she make and pay his or her commission sharing, by now you must have known how the whole systems works so you can now go fully.
6. Then do deposit of the amount you want to trade with into Standard or ECN account it depend on your choice and your capital, for example in Standard account if you deposit $10,000 to trade and your target is 5% which means $500 will be the target but in ECN the 5% will be $5,000 but not with a small deposit of $10,000 the minimum deposit adviceable for ECN account is $50,000. That is why it is said forex trading is for the rich men due to the amount needed to make a good starting.
7. On no any circumstance you show your account detail apart from the account trading login and password to anyone not even your account manager, this is very dangerous as everyone term to be good but what is in mind is different infact this is very common with our Muslims this days. Your Pin Code, personal id submitted your email password are your tools for withdrawal do save them in a secure place not even in your computer system as some can hack your system and get your information out.
8. Location about where someone lives doesn’t matter in managing account for you what matter most is ability to trade the account to be making profit, so someone can trade your account from anywhere around the world as far as the broker’s platform has MT4 software installed in their trading website is just to download it and install then login the trading account number and password and begin to trade.
9. You have to download the MT4 software from the broker website yourself and enter your investor’s login to be monitoring the manager’s activity
10. Know how to change the trading login information you give to account manager so that you can disable his activity when he or she is not going well with your account and lock him or her out of the account completely. If you find it necessary you can withdraw your money or look for another capable hand to start managing it again.
If you can go by these mentioned rules you can stay online without any hitches making between minimum of $300 - $500 on daily basis.
Remain blessed my fellow brothers/sisters in Islam and thanks to almighty Allah who is our guidance in all our daily doing.
W aslam Brother
thanks for your guidence, i was waiting so long to start my own but i am still looking and keep searching this type of understand and guide to how to operate. thanks alot and its helpfull to all our bother and sister who wan't to start there own. i have one question, what forex trading website is now low rate or better infront of you. i like to signup and test it. thanks :)
GCI Forex is pretty good. Easier to use and most importantly, They transfer the money into your account within couple of hours. No scalping is allowed though.