Thursday, January 17, 2008

Home Based Business - A Business for Anyone With Huge Profit Potential

The home based business I am going to outline here can be learned in a couple of weeks, only costs a few hundred dollars to fund and has the potential to make huge profits. You don't need a college education just a desire to succeed and a willingness to learn.

The business is becoming an online currency trader from home - HANG ON!

I Couldn't do that, you may say but the fact is you could - just check out these advantages many of which you may never have considered

- You can learn currency trading in around two weeks.
- You only need a few hundred dollars to get started.
- You then need just an internet connection and PC.
- You can run the business in 30 minutes a day or less.
- There is never a recession in currencies as one rises another must fall.
- There are profit opportunities every day.
- You can leverage your deposit up to 400 times!

This means $500 can control $200,000 and that's why this business can be so lucrative.

So how easy is it to learn? Let me tell you a story ...

In 1983 trading legend Richard Dennis set out to prove trading was a skill anyone could learn.

He decided to conduct an experiment in which he took 14 people who had never traded before and taught them to trade in just 14 days. They were of varying ages, both sexes and of varying levels of intelligence.

He then set them up with trading accounts - the result?

They went on to make $100 million in just 4 years and become trading legends.

The experiment showed that anyone could learn if they had the desire to succeed and did their homework and you could learn trading to.

The best way to learn is to spot repetitive price patterns on charts that can be traded for profit. The idea then is to lock in and hold the longer term trends, use leverage to make money fast and cut losing trades quickly.

Human nature is constant and this is reflected in repetitive price patterns that when you trade them you will have the odds in your favour. You wont win every trade of course and will have losses - but if you can get just 30% of your trades right when following long term trends, you can make a lot of money.

While trading can be learned its does require not only that you learn a method but you have the discipline to follow it, through losing periods.

Trading is a combination of both.

Most traders do not trade in a disciplined fashion and let their losses mount - this is why discipline is so important. If you look after the losses and keep them small, you will soon be able to cover them with the bigger trending moves.

Trading is the final frontier of the free market economy and is one of the few areas where you can start with small stakes and build wealth quickly.

Sure, it's a challenge but what other business allows you to make such huge gains quickly and can be learned by anyone.

If you have a desire to succeed then your almost there...

You can set about getting the right education for trading success and a potentially life changing income.

Live The Dream
Become A Professional Forex Trader From Home!

Author: Kelly Price

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