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How Forex Trading Changed The Life Of A Single Mom

Forex

How Forex Trading Changed The Life Of A Single Mom

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The most common life events that lead to single parenthood—death, divorce, etc.—upset more than just your marital status. No-one plan on being a single mom when they got married. I also bet you didn’t plan to raise your kids by yourself without a man until they became young adults either. But sometimes, our plans do not work before God’s wish. A single mom’s parenting duties are no different than they are for a married one — except that you’re on your own. All of a sudden, all the responsibilities are loaded on one person’s shoulders.

mother with baby

On December, 2017, I lost my husband in a car accident and suddenly I became a single mother of 2 kids. They were 5 and 8 years old at that time. My life collapsed and I started to worry about my 2 kids. I asked for help to our relatives but none of them came forward in those tough days. 

When I understood that society won’t help me, I started to lose my trust in humanity. I realized the importance of money. It was not only about my life , I have 2 very young kids who need proper education and better life. 

I worked as a waiter in a restaurant for 2-3 month. Their salary was very poor. I could barely take care of my kids with that money. Besides, as I was working extra hours for money, I was feeling insecure and worried about my kids all the time. Soon I realized that I can’t leave my home and I need to find some work that I can do from my home. I tried to find some source to make money. But to make money, I fall for get-rich-quick schemes which cost me a lot.Then I decided to do some research before I make any decision. I googled different work ideas and found about Forex trading one day. I saw many traders are living the livelihood from Forex. That day I saw a ray of hope. 

There were several factors I analyzed before I chose Forex:

One of the main reasons for choosing Forex was that I can trade from anywhere in the world. To trade in Forex market, I only need two things- a broker and a trading platform.  

I opened a trading account with my broker from website within 5 minutes and downloaded trading app MetaTrader4 on my mobile. I can do all trading related tasks via mobile from monitoring the market to placing and closing orders without leaving my house.

The challenges I faced: 

When I started Forex trading I was a newbie and I hardly knew someone who would help me to trade in the market. I started with $200 with the help of a so called trader whom I found on instagram. He used to post his fancy lifestyle by showing his expensive lambo, watch and macbooks. Every week he used to go to different places around the world. He was literally living everyone’s dream life. He told everyone that anyone can earn $1000-$2000 every week if they follow his signals. Even though he charged $70 for a  month, I thought he could change my life. So $70 was worth it. After I gave him the money, he blocked me from everywhere. Later I found out, he was a scammer who did the same with many others. 

After this horrific experience, I started to trade my own. I started to read books, articles and watched video libraries. I tried to gather as much knowledge as I can. Even though I was careful, I was losing my capital. I didn’t know what I was doing wrong. I tried to get help in different Forex community but all of them were asking huge amounts and I was not ready to be scammed again. 

My First Trading Profit: 

After 3 months of continuous trying, I was losing hope on Forex. I started to worry about my kids’ future. Suddenly one day, one of friends met me. When he got to know about my situation, he suggested some good signal providers. He told me to try them in a demo account. I followed his instruction and traded with free signals on my demo account. 

Some of the signal providers I followed were: 

  1. FxProEra
  2. PriceAction Forex Ltd
  3. We Traders 
  4. CurrencyKings

After 1 month I invested my real money. I earned my first profit with the signals of PriceAction Forex Ltd. I contacted their trade team and explained my situation. Since then, they are giving me the best trading support. Currently, I am earning almost $1800 per week.   

When people hear that I am a single parent it’s like in their minds you cannot be successful. They have decided that because you’re a single parent, you must be struggling.

Needless to say as a single mother, my life was very hard. Even though I didn’t get the support I need, I promised to give a better life to my kids. And with Forex trading, I now can take care of my family. I am even starting my own business. 

If someone asked me “what is your future” 1 year back, I couldn’t answer them. But now I know what I want to do in my life. Forex not only changed my life but many others around the world who have financial crises.  

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