All you need is to install this program on a special platform and click on the “Automatic trading” button:
Surely you’ve already heard a lot of stories about how some guy was able to earn a million or more online?! Probably, you did not delve into the way of such earnings, but clearly felt the desire to repeat such a result! Do you also want to earn money online, but you don’t know for sure – is it possible, and how to do it!? Relax! You are in the right place and now you will learn in detail how to make money online quickly, legally and a lot! A lot of money!
Is it even possible to make money online? Let’s start with the fact that humanity has come up with many ways to get a quick profit online. We will not be able to describe all the ways at once and simultaneously on one page. Now we will tell you about the method that you probably should succeed, namely, how to make money on the Forex market.
If you are not aware that there is an international currency market where you can exchange any freely convertible to another currency. Such a market is called Forex. It has existed for many decades. Now a currency exchange operation can be done online in a matter of minutes – no one doubts this. However, in addition to direct application (except for money exchange), this Forex market is also used for speculation on the value of currencies. That is, for earn money online.
If we describe the process of making a profit on Forex in simple words, it looks like this:
Of course, after we have described how to earn money online, a lot of questions immediately arise: how can we know what the value of the currency will be in the future, how the process of buying and selling currencies takes place, how can we make a profit on this process. Therefore, now we will describe all this in detail.
So, in order to earn income online on short-term fluctuations in the value of currencies, we do not need to be financiers and economists. We consider the movement of quotations of any currency only in technical terms. It is possible to evaluate the dynamics of such a movement with the help of special technical indicators. To be more precise, the indicators analyze the price chart and show an approximate forecast of future movement – up or down.
Such technical indicators use special software in their algorithms – expert advisors who:
Thus, as you understand, in order to earn money online, you do not need to understand anything at all in forecasting the market and make transactions yourself. Everything is much simpler – you install the software on your personal computer, and this trading robot starts doing automatic market analysis on its own and making trades that bring you passive income. Here is an example of trading robot transactions – as you can see, this is a lot of trading operations, the results of which are real money that is credited to your trading account and becomes your property – your capital that you can use.
OK, this is sorted out. Now let’s look at how it works technically.
Of course, to ensure this whole process and make money online automatically, you will need software and access to the financial market, where your trading robot will be able to make deals. If we talk in detail, then you need the following equipment:
Any person probably has a home PC nowadays. If you want to make money online, then it will be very useful to you. On this computer you will need to install a trading platform for automatic trading and making profits online.
The MetaTrader trading platform is a development of the company Metaquotes, which is used by most brokers in the world. This platform is a kind of gateway between the client and the broker, which provides you with access to the financial market, allows you (or your trading robot) to make transactions online and make a profit.
To get access to the financial market, you need to:
So, after that you will get access to the financial market, you can make transactions and earn money on Forex. It remains to consider the most important question – how to make transactions and make a profit automatically.
Now about the most important thing – about automatic trading, with the help of which anyone in the world who has turned 18 can start making money on Forex.
So, we have already talked about the MetaTrader platform above. This platform supports manual and automatic trading functions. Thus, if you have opened an account with a Forex broker and gained access to the financial market, then with the help of this platform you can start trading manually or use a trading robot to make profit online automatically. Considering that the topic of this page is how to make a passive income, we will look at how the process of using expert Advisors for automatic profit works. So let’s get started!
Expert Advisor (trading robot) is a special software that is installed on the MetaTrader trading platform and allows you to carry out automatic trading, that is, earn money online.
Where do such trading robots come from and how do they work? Any trading robot is an automated trading strategy that is invented by a person. We briefly described above that in order to get speculative income on the Forex market, you need to correctly analyze the future direction of price movement and make a deal that (with the right forecast) will bring you profit.
Above, we presented you several trading robots of our own design. They, as we wrote above, can independently analyze the market, automatically make transactions and make money online fast. To start using these works, you can buy one or several, install them on your trading platform (we help install and configure this software if you are a novice trader).
Above, we showed statements from real trading accounts where you could see the results of transactions. This is a lot of money that was actually credited to the trading account. However, we suggest that you evaluate the profitability potential of trading experts in the long term. Here is how the profitability chart of a trading robot that has been making cash for ten years looks like:
As you can see, the initial investment amount was only $ 1000. Whereas the trader’s profit amounted to more than one hundred thousand dollars. In percentage terms, a trader who used this software algorithm for an automatic trader received more than 10 thousand percent of profit! And this is not fiction and not just a picture. This is a real statistic that may be yours after a while!
Of course, in order to make transactions on the Forex market and receive passive income online, you need start-up capital. Using this money, our trading advisors will be able to buy currencies to make money on short-term fluctuations in their prices. According to the trading conditions of most brokerage companies, including Ifc markets, in order to open a trading account and start trading online, you need to top up a deposit in the amount of $ 200 or more. We will consider this amount to be the minimum for the start of automatic trading. Although, if you want to start earning a lot of money right away, then your trading account needs to be replenished with a more impressive amount of funds. The thing is that if you give your trading partner only $ 200 to buy other currencies, then he will be able to make a very small volume of trading operations. Accordingly, your profit will also be small.
Thus, the more capital you invest in automated trading, the more opportunities your automated robot will have – the more it will be able to make a trade turnover and earn a profit for you.
The recommended amount to start trading is $1000. Further, through the trading operations that your expert advisor will do, this amount of capital will increase. The adviser will use your start–up capital in future trading operations, as well as the profit already received online, respectively – gradually its trading volumes will increase, and you will be able to receive passive income online more and more.