OPM (Other people money) is the best way to profit in forex.
By being able to trade forex profitably, you will be also able to offer your services to investors that are hungry for people just like you, that can really trade and make money in forex. By making your investors happy, your trading can grow exponentially.
Napoleon Hill was the first one to observe.
The Quickest way to get rich, is to help other people to get rich.
Start to trade forex with investors in mind
For the best results, trade with professional ECN/STP broker with MT4. If you can't trade with profit. Automatically copy the traders that are already profitable.
When opening live account, think couple of months ahead. You need to be able to find investors using your brokers platform in the future. You can choose MT4 broker that will enable you to get your trading history verified. MT4 broker with build in investors platform, or with investor based trading platform (social trading). Each of this option will enable you to use your trading to attract investors, and offer you a solution to share the profit you create for them.
When picking your forex broker, keep in mind that you will look for the investors in the future. Start with that in your mind.
Get enough live trading history for your forex trading strategy.
In most cases demo trading history will not be sufficient for investors. Live trading history is necessary, as only live account can really show how are you able handle the stress inherently coupled with live trading. Trading demo account and live account can be compared to walk on the wire laid on the floor vs the wire stretched between two buildings. You can't expect to make real money while trading virtual money. In our experience, after about 6 months, first investors will start to show interest in your trading system. During these crucial first months, you need to show consistency, represented by low draw down and steady profits.
Networking
Choose broker with MT 4 platform that can be verified by third party like Myfxbook, FXSTAT, or our favorite Darwinex. Alternatively, pick broker with build in investors platform such as eToro. Verifying your live trading history is first step to get your investors. They will be able find your trading strategy based on your trading statistics, however we do not recommend you to waste your time with forums –self promoting on those sites. You would do better letting your trading speak for itself.
Focus on your trading. Forget marketing (for now).
Presentation
Once you begin to get noticed by interested investors, you will need your online presentation. In other words, you need good looking website for investors to get familiar with your trading strategy - your product. What is more important, you need to let investors know how can they copy your trading (follow your portfolio). This is completely up to you. We can recommend darwinex for MT4 based trading and eToro because of its sheer depth of investors pool. Make sure your website is created professionally and looks good. Do not bother with any marketing unless you have solid trading history.
Etoro - amazing pool of possible investors for your forex strategy
Darwinex - it is possible to verify any MT4 account history. High payouts for profits created for investors.
Do you have any experience with getting invesotrs for your trading ? Whats your story ?
