Introduction: The FXperiment exposition

I am broke.
It sucks.
I'm tired of it.

Ok, so those statements are nothing new, especially for the aspiring college student. I need not tell anyone how tuition costs have risen, or how expensive housing is in the Burlington hill district (fucking expensive).
Perhaps a little background on your author is necessary.

I am one of the multitudes of young Americans attending a private school for their undergraduate post-secondary education. Specifically, I am attending Champlain College in Burlington Vermont for their "E-Game Programming" degree. I suppose I enjoyed the prospect of programming in high school. No, I definitely did. I've found, however, that it was mostly the prospect of working on AAA game titles and the money that comes from it that was most attractive. Now that I can be described by all three of the first sentences in this blog, I've realized that money is a serious issue, and is not something which I should be afraid of desiring. What I am afraid of, is not being able to pay back large amounts of student debt.

Most American college students, however, take their debt for what it is and live through it. Maybe they'll spend the next decade or two of their life slaving to student loans. Or perhaps they don't manage to get their loans, and they have to drop out of college. Either situation is possible for myself. Neither situation is optimal.

Instead, I've decided to start looking at alternative ways to make money while in college, and perhaps afterwards if I did well enough. Of course, the first and simplest method is having more jobs(despite the current employment outlook). I currently work as a federal work-study student, making $9/hr 10-15 hours a week. Usually fewer hours, actually. And I am lucky I didn't have to defer my work-study, next year, I most likely will have to. I could pick up another part time position on top of my full time student work and my work-study. However, to me, that seems far less than optimal. I would be putting out so much effort for so little reward.

Instead the mantra: "A job does just that: keeps you Just Over Broke" kept repeating itself in my head.

I had the fortune, a few months ago, to have a good friend of mine (WaeV) introduce me to the idea of FOREX trading. It is certainly a risky business, but with risk comes reward. And indeed, the rewards can be great. Trades with almost 30% return on investment are entirely possible. Those numbers can and are achieved in hours or days, not months or years.

So, I guess I should combine my situation with my desire for money and some old-fashioned determination. I've started a demo account with FXknigt, and I am using their FXCM trading software, currently, to learn strategies and market behaviors. I've done several hours of preliminary research, and I've decided to conduct a little experiment. I will use this software with the compilation of basic through advanced techniques from http://forex-strategies-revealed.com/ to learn how to profit from FOREX trading. Starting tomorrow, I will spend one week on each strategy listed and update my progress each trading day.

If I'm not doing well enough by the end of that period of almost a year to feel confident in risking my own money, I will just keep posting as I learn to do so. I will not give up on this, and that is an oath I've already made to myself.

Current situation: Broke, tired of it.
Goal: Wealthy, financially free, and loving it.