In this article, you will learn a method that can help you start making 5,000 pips per month without learning any forex trading and without ever using a forex robot. 5,000 pips on a standard lot of 100,000 units translates into $50,000 monthly income. Imagine, if you can make this income without trading forex and without doing a lot of work.
Let’s discuss how to make 5,000 pips per month on autopilot. Recently a new trend has started in the forex market. PRO traders are now selling their exact trades through signal services. These services allow you to copy their exact trades using a trade copier software. Most of these PRO traders average around 1000-1500 pips per month.
Find a good forex signals service that is selling the exact trades of a PRO trader who is making somewhere between 1000-1500 pips. Test it on your demo account for one month. Open an account and start copying his exact trades on your own account using a trade copier software.
During this month find another forex signals service that is selling the exact trades of another PRO trader making somewhere between 1000-1500 pips. Test it on your demo account and satisfy yourself with the claims made by the PRO trader. In the start of the next month, transfer some funds from your first account and open a second account and start copying the exact trades of the second PRO trader on that account.
By the end of the second method you should have made around 2,000 pips. Repeat the above process the third time and by the end of the third month, you will be making around 3,000 pips. Do it again the fourth time, by the end of the fourth month, you will be making 4,000 pips on average. Do it fifth time and you have reached your 5,000 pips target.
The beauty of this method lies in the fact that you are slowly doing it. You don’t need much capital. First month do it with only one forex signals service. At the end of the month, you can utilize the profits made in opening a second account that will be trading with a second PRO trader. The third month, again siphon off some profit and open a third account.
So, by the end of the fifth month, you will be making 5,000 pips. Now, making 5,000 pips on your own is a difficult task but by using this method, you can start making thousands of pips each and every month without ever learning forex trading and without ever using a forex robot. Good Luck!