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5 Ways To Make Money From The Markets Without Capital


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48 replies to this topic

#1
analyst75

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“Once you get your trading plan completed however, and you have a successful track record of six months of solid trading results, lock that plan up and never share it with anyone. Use it to build an incredible life for you and your family. Hold on to the edge you have worked so hard to attain. Be happy to share your knowledge but that does not have to mean giving away your strategy and edge.” – Sam Seiden

 

There are certain other ways through which you can make money from the markets without your own capital, and that’s what this article reveals.

 

Many people are eager to commit real money to trading; which is not a bad thing. However, the most crucial thing is correct trading knowledge. When you’ve correct trading knowledge, capital will come looking for you, which means that your knowledge makes you rich. If you’ve capital and you don’t have the right knowledge, you’ll soon be done away with your capital.

 

When you’ve the right knowledge and no capital, these are what you can do to become rich gradually as a trader:

 

You can work as a signals provider: If you’ve a good trading idea or strategy, you may want to become a trading signals provider at one of relevant websites like Zulutrade. Registration and services are free, and you can trade Forex, CFD and Binary Options. Once you use a positive expectancy system with sensible risk control tools, you’ll begin to gain live followers. You then get paid a percentage of the trading volume generated by trades that get opened as people copy your trades automatically.

 

You can get investors through proven demo track records: This is possible on relevant websites like Myfxbook.com. You can open a demo account with a good MT4 broker and register the account on Myfxbook. Your trades are recorded and analyzed automatically. After many months or a few years of positive track records (clean survival), you might convince an investor (or investors) to commit some capital to you. You then get some percentage of profits you make on that capital. I know someone who got employed as a trader in a reputable bank – only because he’d a demo account that showed good results of a few years.

 

You can get money by joining demo trading competitions: Luckily, many brokers organize forex trading competitions with various awards methods. Some brokers would give you a cash prize for being one of the top winners and a contract to manage money for them. Some brokers would give you a free deposit as one of the winners. You can’t withdraw the deposit, but you can withdraw the profits made on it. Some brokers can allow you to withdraw the money from your MT4 account once certain conditions have been met; like trading with some desired volume. Recently, Tallinex.com organized a demo trading competition, in which 15 winners were given generous cash prizes, which could be withdrawn immediately or traded as each winner liked.

 

You can make money as an IB: I wouldn’t expatiate on this. Please ask your broker who an IB is and what the rewards for a successful IB are. 

 

When you get some money, you can provide automated trading signals with real money on some relevant websites like Collective2. People who find your trades useful would gladly pay monthly fees for the use your strategy.

 

There are other ways to make money from trading related activities, without having your own capital. Can you think of some more of them?

 

When you’ve a proven strategy, the best thing is to trade it with real money. Some people don’t have money to open a decent trading account and they got talent as traders. Once they can prove their expertise in a simulation mode, they might get seed money to start their own trading business. 

 

I know that some negative views people have about trading are simply not true.

 

Conclusion: Visionaries can’t be intimidated by the markets…. Schools don’t make successful people; learning makes successful people… You’ve to be different before you can make a difference.

 

I wish you a profitable trading future.

 

This article is ended by the quote below:

 

“But truth is… We all have losing trades..., as we all have winning trades. We all have good days..., and bad. We all.., are only as good - as how we managed the last trade - regardless of that trade's outcome. Trading is not about the amount - it only about the process..., routine..., making a plan for each trade..., then trading that plan to fruition. It’s about discipline...., patience..., repetitiveness..., with no opinion..., and one's ego set aside low..., it about self-management in a totally uncertain environment” – Redneck (Source: Elitetrader.com)

 

 

Source: www.tallinex.com


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#2
radex78

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Nice article and really helpful for trader get inspiration if actually making money with forex is not only about trading but still there are some ways like as already mentioned above, and forex trading itself indeed not only about profit but also about loss, and as trader need process how to manage money in forex market that full uncertainty
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#3
bearhugs

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Article has so many point to be understand by any newbie, who are willing to start work with Forex. But there are so many others points those also should be consider as here for newbie.


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#4
obieze

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that is why it is very important for newbies to always learn how to trade on demo accoun,because that is where you will try the articles point that you can be using on your trading and many more to.
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#5
uncle gober

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by continuously improving our skills, in trading will also be better prepared for forex trading, then the brokerage services will make it easier for trading


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#6
bigxy

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that is why it is very important for newbies to always learn how to trade on demo accoun,because that is where you will try the articles point that you can be using on your trading and many more to.

 

Newbie traders should trade demo accounts with patience as it could be their greatest tool to become successful in future, practicing can bring them more experience which is helpful to earn money through forex trading.


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#7
bearhugs

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Trading demo accounts is important but trading seriously with demo is also needed. Not every newbie take demo as serious as it should be taken while you are learning.


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#8
bigxy

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Not every newbie take demo as serious as it should be taken while you are learning.

This is the reason that they loose money and become a part of that 90% losers.


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#9
uncle gober

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so should still use a risk management tool or management properly in conditions even if we've become a pro trader, forex it will still be at risk despite the most experienced traders because it is not a guarantee.


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#10
bearhugs

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Forex has no 100% return guarantee but we can earn with it, for that we need to learn the basic to advance so that we can get to know what is profitable for our trading style. Learning is the key of success in this business.


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#11
Charlie Marfont

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Forex has no 100% return guarantee but we can earn with it, for that we need to learn the basic to advance so that we can get to know what is profitable for our trading style. Learning is the key of success in this business.

Agreed newbie should first focus on learning .


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#12
uncle gober

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Well it is true, I totally agree with that. namaun in addition to a focus on learning, beginner traders should also focus on good training, in order to further enhance its trading capabilities. thus the novice trader can more readily be fatherly trading using real account.


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#13
Latham Lapard

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At some stage, it becomes must to make investment; it’s simply out of reach to gain too much without it. So, we got to be ready for investment. I do that but in an extremely careful and sensible way. It’s through FreshForex with their mountain like offers especially the 48% Annum scheme, its GOLD!

 

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#14
radex78

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If any trader having good skill they can become signal provider and or become manager pamm, and also now some broker offer bonus no deposit and this is also giving opportunity for trader that, want to start trading without capital and also as one effort can take part in demo contest with prize
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#15
uncle gober

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therefore we have to be really skilled and observant in seeing opportunities. therefore in tickmil I also utilize programs or promotions that are running that promo demo account contest with prizes have been provided.


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#16
sidejob

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The only reliable way is to become a pamm manager, with your skill i think you can open an account. First you can show the investor your screenshot to prove that you are a good one, by the time goes on you will get more investors to invest in your pamm account. Pretty simple, huh? As to become signal provider i see that as jokes, mostly are rubbish.


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#17
radex78

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The only reliable way is to become a pamm manager, with your skill i think you can open an account. First you can show the investor your screenshot to prove that you are a good one, by the time goes on you will get more investors to invest in your pamm account. Pretty simple, huh? As to become signal provider i see that as jokes, mostly are rubbish.

Become manager pamm is good if any trader really profitable or they already having profitable ea, this also become one another way to get earning from forex business, if so many investor joined hence also will get profit sharing as earning for manager pamm., but if manager pamm is bad trader also will hard to getting client because as investor also will look track record manager pamm
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#18
sidejob

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Become manager pamm is good if any trader really profitable or they already having profitable ea, this also become one another way to get earning from forex business, if so many investor joined hence also will get profit sharing as earning for manager pamm., but if manager pamm is bad trader also will hard to getting client because as investor also will look track record manager pamm

Well that is the risk of joining something like that, who want to trust someone who had a bad track record as pamm manager? I don't know and i think that you also will think the same. Track record of that pamm manager is really important and one of the key for investor to choose a pamm manager. But what i said before is actually that is one of the way to earn without use your own capital.


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#19
radex78

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Well that is the risk of joining something like that, who want to trust someone who had a bad track record as pamm manager? I don't know and i think that you also will think the same. Track record of that pamm manager is really important and one of the key for investor to choose a pamm manager. But what i said before is actually that is one of the way to earn without use your own capital.

If we having good skill might also can trying take part on contest demo, some broker usually always provided demo contest for client to attract trader take part in contest, if become winner hence will get prize as capital on real account and this is also free, or if we finding forum that paid us on every single post hence we also can start to get earning from paid to post forum and if already get enough earning can used for deposit account
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#20
sidejob

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@radex78: Demo contest? Well i am not really fond of it right now, but that is a good thing for newcomers to see how good they are with the motivation. Usually the prize is real cash but i don't know if there is prize which turn into capital like that. Free bonuses is the only option which comes into my mind.


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