Rather excited about this – this might fit my personality like a glove. Last two weeks i have been playing about with a demo account with GT247 – of course, made money every day! So opened an account on Friday with just R4K, and lost R200. No problem.
It’s almost like betting, but you lose (or win) money gradually and you can give yourself a good edge if you know how to read charts. It looks like a 60/40 win ratio is achievable.
Basically, I do not mind loosing R4K to school fees – but obviously, would rather not. Have decided all money from the remainder of my stock will be used to fund the account – probably around 20K worth or so. I start a 1 month course in Jan – but have been reading up a bit.
Targets would be :: Amount at the end would be the start amount
Jan/Feb 100p/d – R2000p/m :: R4000
Mar/April R200 p/d – R4000 p/m :: R8000 + R5000 = R13000
May/June R300 p/d – R6000 p/m :: R25 000
July onwards – R500 p/d R10K per month
This would be more than enough if that worked out!
If it worked and I was successful – we could think about moving to Portugal/Spain or France. I do not think this country is on the right path and would prefer to live/ travel in Europe, but have a flat here and spend a few months every year here – and escape the European winter. Something with a view and a garage that I can store a m/bike and small car.
Dreaming, I know.
Of course, there are “problems” to this plan – what about dogs? Or do we scrap the flat here and just come for a 2 week holiday every year? Could travel with a dog in a camper van around Europe. Could I reverse it, convert to Euro’s and trade and make money in Euro’s??
Let’s first do the hours and get this dream working before spending the money 🙂
Going for a ride to Wellington Spur for breakfast.
mytinyurbanfarm 