THE END GOAL

We all have to start somewhere, that's for sure. The fundamental idea behind Online Trading 188 is Compounding. The more periods we can compound, the better. This is because if we have more periods to compound (we're are younger, presumably), we should be able to "scalp" small profitable trades (which is much easier). The end goal in all of this is to build a sustainable PASSIVE INCOME stream and break the vicious cycle of trading time for money (or trading time for your boss to pay you!). The idea of passive income can be explained in these two excellent books Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! and The Parable of the Pipeline: How Anyone Can Build a Pipeline of Ongoing Residual Income in the New Economy. Check em out if to pique your interest further.

FOREX has OPTIONS!

I must say that this one caught me by surprise. I am not a believer in making monstrous gains through the power of seemingly infinitesimal leverage like you can do in the forex market, since the flipside of these gains is large losses. And in the 24 hour forex market, bursts of momentum can come very quickly and without warning. But the nature of the game changes with Options. By setting up options trade, we don't have worry on the movement of the underlying (our max loss is the options premium). We can even sell options premium to hedge against our underlying positions (Covered Calls, Collars). Thus, forex will also be an offering of onlinetrading188. Can't afford to pass up on a good deal to make money! Check out the forex options here.

STAY TUNED....

This is a brand new blog on making money on a 24x7 basis throughout the exchanges in Malaysia and the USA. I trade for living and plan to document my adventures (and misadventures) on this blog. Stay tuned, as I am also building the master site for this, which will be called onlinetrading188.net and onlinetrading188.com. To prosperity!

Cheers,
Shook