I am going for $20,000 in 90 days from the forex niche

35 replies
Hi Guys,

Its quite long since when i made a post here. At least i havent made any this year but i check around at least twice a day.

I am presently researching on 3 hot niches that will each make me $20,000 in 4 months from now and i am ready for the challenge.

One of such niche is the forex trading and i am about to conclude my decision whether to enter that market or not.
I will like to ask from warrior members what you think about the forex niche. I know that i will have to scale it down but in general is the forex niche profitable..Yes or No?
I wont like to have answers that has a reason not just assumptions.

Thanks.
Meanwhile if you can offer any advise that can quick charge the $20,000 i will be glad.
Awaiting your response.
#$20 #days #forex #niche
  • Profile picture of the author JAIDEEP2959
    Forex niche is profitable if you use email marketing.

    Best of luck!
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    • Profile picture of the author magentawave
      Originally Posted by JAIDEEP2959 View Post

      Forex niche is profitable if you use email marketing.

      Best of luck!
      Do you have any suggestions for how you would structure a Forex email campaign? Offer a free Forex report/ebook with an opt-in form and then hit them once a week with an email with link to an article perhaps?

      Thanks
      Steve
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      • Profile picture of the author JeffersonB
        Can something give me a brief into forex products? Never heard of them
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        • Profile picture of the author magentawave
          Originally Posted by JeffersonB View Post

          Can something give me a brief into forex products? Never heard of them
          Just go to Clickbank marketplace and type Forex into the search box and you will see lots of Forex ebooks and software programs you can market.

          Steve
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  • Profile picture of the author anonymous123567
    Enter it! Awesome Niche....
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    • Profile picture of the author Mad Dawg
      Good luck, the forex niche is a good one. I can tell you because my father is a forex trader and he talks to me every single day about these new offers he's getting haha.

      Here's a tip. Most of the marketers in the forex niche are BS, LOW QUALITY marketers. My father recieves 11 emails a day all promoting the same product, and he product turns out to be garbage and he just refunds them.

      I'd say differentiate yourself by truly promoting QUALITY and backing it up with research and a lot of knowledge. I think it may make you a refreshing face to your customers in that niche.
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  • Profile picture of the author Tomas Lodén
    Forex is extremely profitable niche, but there are MANY "Made for Adsense" sites out there and so much adsense arbitrage going on, that it takes a lot of work to make the forex niche work. You'll need to block a lot of low paying advertisers and pick MFA free niche's.. Just my 2c
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  • Profile picture of the author Oracle_320th
    There are a lot of "behind-the-scene" marketer with 6-7 figures ad budget entering this niche.

    I can see from my PPC campaign there are 5 marketers use PPC bully technique for one product. That's something that I have never seen before.

    This niche can be a profitable one, but it requires a lot of work, money and energy.
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    • Profile picture of the author cashflow08
      Originally Posted by Oracle_320th View Post

      There are a lot of "behind-the-scene" marketer with 6-7 figures ad budget entering this niche.

      I can see from my PPC campaign there are 5 marketers use PPC bully technique for one product. That's something that I have never seen before.

      This niche can be a profitable one, but it requires a lot of work, money and energy.
      Good point. It seems like this has been rinsed. Then again you're not going to know until you've tried it.

      All the best with it all
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  • Profile picture of the author Mangozoom
    Hmms sounds like an overworked niche to me.

    As supportive as our fellow forum friends are I doubt that anyone will actually give a really straight answer to describing a profitable niche they have discovered unless they have an ebook or product in that area.
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  • Profile picture of the author Jason Fenty
    To be honest I think your "idea hopping". If your researching these niches stick to them before you add another venture into your IM arsenal. No disrespect intended just giving advice.
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  • Profile picture of the author napoleonfirst
    The Forex market is great. It has the highest gravity on Clickbank with Fapturbo. You can consider to get this software to get those bucks.
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  • Profile picture of the author PR Solutions
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  • Profile picture of the author iplusgold
    myob is right...unless you fully understand how the forex market operates and THEN understand exactly the trading methodology behind the software...how can you be comfortable risking your money on guesswork?

    Even given a perfectly workable system or trading solution, people will get vastly different results if you consider the money management aspect.

    I'm yet to see forex software that works as well as a trained discretionary trader over the long term.
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  • Profile picture of the author David Hooper
    A lot of the "gurus" seem to be involved, so that should tell you something.
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  • Profile picture of the author MarketerGuy
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  • Profile picture of the author Franck Silvestre
    I started with the Forex market. People like to buy softwares and ebook. Obviously, they have a lot of money to spend!

    Niche of AVID buyers.

    It's true that PPC is tough and expensive though. I make some smackers there with seo.

    Franck
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  • Profile picture of the author godisgood
    All the best.. we will be waiting.

    Cheers,
    Jennifer
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  • Profile picture of the author CurtisN
    As previously mentioned, this niche is really crowded and competitive. There's lots of forex guides and robots out there that promise riches, but honestly, if you have a good knowledge of forex and have experience trading, you could make $20000 within a fraction of 90 days (obviously depending on how much money is in your account, # of contracts, etc.). As myob mentioned earlier, the forex products online are quite silly...you can't gain forex experience from reading something, you have to do it yourself.

    Nevertheless, I wish you best of luck in this profitable market...I'll be watching your progress
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    • Profile picture of the author Ian Jackson
      IMHO...
      Forex is up there with the popular (and competitive) niches, so in that sense I don't think it's a matter of whether or not it's a good niche to promote. It's down to how you go about promoting it, and that may, or may not, cost you money. As with any niche, it takes bl**dy hard work.
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    • Profile picture of the author discrat
      Im sorry but I just cannot bite my tongue any longer. Some of you guys need to have some morals and scruples. People are sitting here giving you the plain truth that these Affiliate Products are a bunch of BS !!

      I have been trading for many years and all these Software and automated Programs that promise extreme richness within a short time with Forex is absolutley ridiculous. All the Professional Forex Traders and seasoned veterans just laugh at this silly notion.

      Please quit going on about how awesome all these Forex automated programs are ! It actually borders on the line of being wreckless and irresponsible !! Especially NOW that you know these Products are duping people into thinking they can make quick money when you have a better chance of winning at the horse races. It is nothing short of a scam and trust me 95% of them will just BLOW their accounts. Why do you think there is such a High Refund Rate ??

      As a Trader I have seen this time and time again.
      This sheet takes years and years of solid work and Discretionary and Directional Trading is the only way to be consistently profitable at it .

      You have been told so please stop with this silliness and get some ethics implemented into your IM !!! This is snakeoil stuff and please DO NOT think otherwise.
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  • Profile picture of the author Chiayee
    Perhaps discrat is right. I read from another forum, refund rate for Forex Niche is very high.

    If you are going to the adsense route, then it's another story.

    CY
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    Nothing to see here

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  • Profile picture of the author CurtisN
    Like I said, you can't learn to trade from following a guide or using someone's magic software. You need to learn from practical experience..although some personal training wouldn't hurt either.
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    Curtis Ng (blog) - Product Launch Manager
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  • Profile picture of the author newbie@CPA
    it is funny to see the same old recycled garbage stating impossible returns.
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  • Profile picture of the author artwebster
    The Forex niche is one that highlights the immorality and sheer bloody cheek of the internet marketing crowd.

    Forex is a specific money market in which traders can make a great deal of money IF THEY HAVE THE MONEY TO INVEST IN THE FIRST PLACE!

    It really gets me screaming when I read about some geeks' automatic robot that pulls money out of thin air using a type of arbitrage when it is patently obvious that the promotor doesn't use the robot himself.

    The people I know who trade Forex are too busy making money and preventing excessive losses to have the time to try to create and sell a programme that can mimic the human psyche on automatic pilot.

    One thing is for sure, the brokers who support the Forex niche by accepting accounts from the buyers of robotic programmes will never complain because they are the ones making the most money - the person selling the robotic programme makes peanuts by comparison.
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    Some old school smarts would help - and here's to Rob Toth for his help. Bloody good stuff, even the freebies!

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  • Profile picture of the author Jason Fenty
    I would recommend BabyPips as a place for info to go if your very new to forex.
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  • Profile picture of the author kenneth ifeanyi
    Thanks for you response warriors.

    But it seems as though the answers are not accurate to the questions. Maybe some people are not getting the question right.

    Anyway on monday i will begin my launch in the forex market..with a ready $2,000 monthly[four months in all] and at least 200 articles that will be submited and extra 4 presell websites i should be able to hit that target.

    Once again thanks
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    • Profile picture of the author morwanneg
      Best of luck to you. You gotta use email markething though. It will be very helpful.
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    • Profile picture of the author magentawave
      Originally Posted by kenneth ifeanyi View Post

      Thanks for you response warriors.

      But it seems as though the answers are not accurate to the questions. Maybe some people are not getting the question right.

      Anyway on monday i will begin my launch in the forex market..with a ready $2,000 monthly[four months in all] and at least 200 articles that will be submited and extra 4 presell websites i should be able to hit that target.

      Once again thanks
      Kenneth, what does this mean?

      "with a ready $2,000 monthly [four months in all]"


      Steve
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  • Profile picture of the author polleo
    There are a lot of "important" people involved in the niche, so I'd say it'd be a good one to get into..... Best of luck to you!
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    • Profile picture of the author dennishardy
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      • Profile picture of the author magentawave
        Originally Posted by dennishardy View Post

        I'm trading the FAP Turbo robot. Below are results for first week of live trading...

        http://i540.photobucket.com/albums/gg321/fapt/fapt.jpg

        It's a $2000 account. +10% for the week.

        I agree, there are some poor forex products in the marketplace. Everyone needs to do their own due diligence and trade on a demo account first. You also need a good understanding of the basics of forex. Most of this information can be found for free...you don't need a $2000 guru's course.

        I've spent weeks on the private forum over at FAP Turbo. It's not just the land of rookies over there. Donna and some other moderators are well established traders...they trade the forex for a living. They too are trading this robot live.

        I can 100% tell you that the FAP Turbo homepage's performance screenshots are for real. My demo and live accounts mirror theirs...just in smaller proportions.

        Now, is this the "holy grail"? No, there is no such thing. But, I believe this particular software can generate some amazing profits...so I'm putting it to the test. I'm not risking anything I can't afford to lose.

        Dennis

        P.S. My settings are tweaked. I'm also only trading the eur/gbp pair from here on out. IMO, it gives the best opportunity for profit.
        Oh I see, I thought you were going to make the money from building Forex related sites with affiliate links. I didn't realize you were going to be actually trading Forex. Good luck with that. There is lots of money to be made there...and lots to lose. I will be very interested in following your progress here since I have been interested in doing that again too. My one foray into Forex trading lost me about $10,000.00...OUCH...but I was following a way of trading that made me have to live like a freakin vampire since I live in California.

        Please don't take this the wrong way since I don't know you, but do you promise to be TOTALLY honest with your progress? I hope so because it could really help us interested in this!

        Steve
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        • Profile picture of the author mfurlong
          FOREX trading takes some money and requires quite a bit of technical knowledge (some specific to your trading account). So this is a market with money which could be an opportunity for you. But there are a number of crappy products out there, so make sure you are marketing quality material or the returns will kill your profits or reputation -- or both!

          Best of luck! Keep us posted!

          >>> Mike
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  • Profile picture of the author zackriley
    Good luck! I'd like to see the results.

    -Zack.
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    Are you trying to make money online? Send me a pm and I'll be happy to help you get started on the right track!

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