By: Kelly Price
If you want to make money fast then this method will interest you because - it only takes a few weeks to learn, you only need a few hundred dollars and you can do it in 30 minutes a day. Let's look at it.
It's becoming a forex trader from home.
You may say I couldn't do that! - Well read the following story and it will change your mind.
In 1983 trading legend Richard Dennis set out to prove trading could be learned by anyone so he took a group of people, of all ages, both sexes, young and old and of varying levels of intelligence - he then set out to teach them to trade in 14 days.
He then set them up with their own trading accounts - the result?
They went onto make $100 million dollars in 4 years and many went on to become trading legends.
Dennis proved his point that trading could be learned by anyone.
While the above is true 95% of traders lose money - so why is this?
Trading is easy to learn but you need to apply what you have learned - with the discipline to cut losers quickly and run winners and this is crucial.
Trading is as much mindset as it is method.
The system Dennis taught was simple - so simple in fact that anyone could learn it but he taught his students something else - Understanding of the systems logic, so they would have the confidence and discipline to follow it, through losing periods to long term success.
If you want to learn forex trading, you don't need to work hard you - need to work smart.
Let's look at the basics of a forex trading system to build wealth quickly.
- Simple systems Work Best
A simple trading system is more robust, with fewer elements to break than complicated ones.
Trying to be to clever when building your system is not good idea - as if it's to complicated it will break in the brutal world of trading.
- The big Trends Last for Months or Years
These are the ones to focus on. You don't get your reward for trading often, you get your reward for being right and that's it.
- Trade The Reality
You don't need to predict where forex prices might go you can trade the reality and simply follow trends on a forex chart.
Traders who use forex charts simply follow market action. They don't care how or why prices are moving, they simply want to make money when they do.
- Understanding = Confidence = Discipline
Just like the method Dennis taught you need to understand it and have confidence to apply it with discipline and this is the area most traders fail in.
They try and take a short cut to success by following someone else or trading from the hip - as soon as a few losses come, the trader loses discipline and throws in the towel.
Keep in mind if you don't have the discipline to follow a trading system, you have no system!
Could You Do it?
Yes you could - if you have the desire to succeed and a willingness to do some studying you could soon be earning huge profits in under an hour a day.
Dennis proved the point there is NOTHING to stop anyone becoming a successful trader, apart from themselves. Today, with forex brokers accepting deposits of just a few hundred dollars, starting capital is not a problem either.
The real question you need to ask yourself is:
Do you want to change your financial future and do you have a desire to succeed?
If you do discover forex trading from home and you can change your financial future forever.
-------------------------- -------------------------------------------------------------------
Live The Dream Become A Professional Forex Trader From Home! Get 2 x free trading guides and an exclusive novices Wealth building Course visit our website at: http://www.learncurrencytradingonline.com/
Article Source: http://www.articlebiz.com/
If you want to make money fast then this method will interest you because - it only takes a few weeks to learn, you only need a few hundred dollars and you can do it in 30 minutes a day. Let's look at it.
It's becoming a forex trader from home.
You may say I couldn't do that! - Well read the following story and it will change your mind.
In 1983 trading legend Richard Dennis set out to prove trading could be learned by anyone so he took a group of people, of all ages, both sexes, young and old and of varying levels of intelligence - he then set out to teach them to trade in 14 days.
He then set them up with their own trading accounts - the result?
They went onto make $100 million dollars in 4 years and many went on to become trading legends.
Dennis proved his point that trading could be learned by anyone.
While the above is true 95% of traders lose money - so why is this?
Trading is easy to learn but you need to apply what you have learned - with the discipline to cut losers quickly and run winners and this is crucial.
Trading is as much mindset as it is method.
The system Dennis taught was simple - so simple in fact that anyone could learn it but he taught his students something else - Understanding of the systems logic, so they would have the confidence and discipline to follow it, through losing periods to long term success.
If you want to learn forex trading, you don't need to work hard you - need to work smart.
Let's look at the basics of a forex trading system to build wealth quickly.
- Simple systems Work Best
A simple trading system is more robust, with fewer elements to break than complicated ones.
Trying to be to clever when building your system is not good idea - as if it's to complicated it will break in the brutal world of trading.
- The big Trends Last for Months or Years
These are the ones to focus on. You don't get your reward for trading often, you get your reward for being right and that's it.
- Trade The Reality
You don't need to predict where forex prices might go you can trade the reality and simply follow trends on a forex chart.
Traders who use forex charts simply follow market action. They don't care how or why prices are moving, they simply want to make money when they do.
- Understanding = Confidence = Discipline
Just like the method Dennis taught you need to understand it and have confidence to apply it with discipline and this is the area most traders fail in.
They try and take a short cut to success by following someone else or trading from the hip - as soon as a few losses come, the trader loses discipline and throws in the towel.
Keep in mind if you don't have the discipline to follow a trading system, you have no system!
Could You Do it?
Yes you could - if you have the desire to succeed and a willingness to do some studying you could soon be earning huge profits in under an hour a day.
Dennis proved the point there is NOTHING to stop anyone becoming a successful trader, apart from themselves. Today, with forex brokers accepting deposits of just a few hundred dollars, starting capital is not a problem either.
The real question you need to ask yourself is:
Do you want to change your financial future and do you have a desire to succeed?
If you do discover forex trading from home and you can change your financial future forever.
-------------------------- -------------------------------------------------------------------
Live The Dream Become A Professional Forex Trader From Home! Get 2 x free trading guides and an exclusive novices Wealth building Course visit our website at: http://www.learncurrencytradingonline.com/
Article Source: http://www.articlebiz.com/