Report Card

What, already more than one month since my last post? Time really flies. So how's my journey? Very treacherous, full of dangers, hidden as well as in the open and it is never an easy journey. As in all endeavours, there is no substitute for hard work and all those ads that you see with promises of easy money is simply not true. If they are true, than half the whole would be rich, right?


So I have tried 3 different approaches and what are the results so far? Here they are, and as they say in all the ads, your results will be different from what is shown because of so many variables and each individual does it differently with different resources.


First the PIPS, my Plug In Profit Site. No sales so far. I cannot really blame the system since it works for so many others. Part of the reason is that it is so popular and as more people join in (alas, not from me) the competition gets tougher. Thus I am a victim because of the system's success. As many people are joining PIPS, it becomes more and more competitive since more and more PIPS sites are appearing and you really have to be different to attract customers. I have also not really followed all the steps and suggestions given (other than blogging) so like they say, system succeeds but people fail.


Next is the other pips, Forex trading. Here you can see the results immediately as you can make money very fast in the Forex market but you can lose it even faster. You need to be constantly on your toes as the market is very unforgiving and shows no mercy to those who do not respect the market. I am still learning and paying my tuition fees, so to speak. Since only 10% of traders make it so again it is no easy money and discipline is most important, above everything else.


Finally, there is Blogging. This is the only one showing positive results for me so far and in the month of January, I made USD6.43 from Adsense. Not much, but it is a start and shows that there is potential in this area. Maybe I should attend one of those Blogging workshops to learn from the masters to improve my earnings!


My plan is to hang on to all three for a while to see the results in the next few months before making a decision as to which one to drop. It is not easy to tackle on all three fronts (two, really since I'm doing prcatically nothing for PIPS other than let it run on autopilot). Blogging do take up a lot of time and one must really concentrate in Forex in order to succeed. Since I'm just popping in and out of the market, it is definitely not the right way to do it.

So watch this space.

Ronald Kwok

www.profitnetbusiness.com

On this Day, in Classical Music

Today's post title is also the title of my new Blog on Classical Music which was launched on 30 December and can be accessed here. What better way to relax than listening to some soothing classical music after some heart-stopping roller-coaster rides in the Forex market or some intense internet marketing online. Or try some stirring music to gear you up for the next battle ahead in your chosen ground. Learn who in the field of classical music shares your birthday and which classical pieces were born in their premiere or first performance on your birthday. Just grab a Classical Music CD and turn it on.

Ronald Kwok
www.profitnetbusiness.com

Forex Trading for Newbies

Finally, I've launched my new blog on Forex Trading. In fact, I've already published my second post there. Have a look and all comments are welcomed.

Ronald Kwok
http://www.profitnetbusiness.com/

Back from Hibernation

Wow, it has been more than 3 months since my last post so I think it's about time to be posting again after my hibernation. If you have been following my travel blog, you'll know that since then, I've been to Perth and also to Kuching in Sarawak. After that, I attended an advanced Forex trading course under Forex Investology in November and I have been looking at the Forex market more actively. I have not been profiting from Forex as yet but has been breaking even regularly so it is a plus when compared to the earlier days when I used to lose more than I win. The next step is to win more than you lose and you will be then on your way. I am also convinced that you can really make money from Forex; you just need a little more care, discipline and patience. There is also no substitute for experience, you need to get your feet wet in order to learn. More cash or capital will definitely help but more about that later in my new Blog on Forex Trading that I will launch shortly.

I have also launched a new blog last week about current happenings and "this and that" that don't fall into my other blogs. The first two posts are about my new netbook, the Lenovo S10. Check it out.

Next will be a blog on Classical Music, one of my hobbies from younger days. So watch out for the launch soon. You must be wondering what on earth is happening, all of a sudden so much activities. You see, I attended one of those free previews on "Making Money from Blogging " (not the exact title but something to that effect) last month and I also believe that you can make money from blogging. I must say, it was one of the best previews that I have attended in that you can get a useful information from it and it is not just a sale talk like in most other previews. I'll talk more about this in my later posts.

They revealed that one of the reasons why they make big money from blogging is that they do not just have only one blog (unless you are one of those famous and top bloggers) but have hundreds running the same time. They mentioned something like a minimum of 10 blogs to start with if you want to see some results. So I thought to myself, why not start with 5 blogs? Hence these activities. For anyone who actually blogs himself/herself, he/she will know that it does take some effort and time to regularly put up new posts of certain quality and contents; tackling 5 blogs is quite a handful. You must be thinking how to have 100 of blogs running the same time. There's no secret, many if not all the blogs are outsourced and there are plenty of people out there in cyberspace offering to write your blog for a fee. (Frankly, I won't mind to write your blog if you pay me well enough, just e-mail me!) Don't worrry, all of my blogs are genuine, original and 100% my own; cannot afford to pay somebody to write my blogs, at least not yet.

OK, I think that's enough to whet your appetite, I see somthing stirring in the EURUSD market.

Ronald Kwok
http://www.profitnetbusiness.com/