I wanted employment that paid more but gave me the flexibility to do my own thing. The financial advetisement was intriguing, so I gave the person a ring. He talked for over 30 minutes listing out the advantages of investing in currencies and was prepared to give me a 2 day seminar that would have me trading professionally in no time. The course fees were ?8k but he could help me get a careerdevelopment loan that would pay the fees and I would not have to start paying back until well after the course had finished.
Little did I know that I had just entered the conman infested world of the financial trading seminars, courses and signal alerts.
Eight years later, after spending many thousands on courses, ebooks, seminars, books, signal alerts I have tried a lot of what is out there and believe me 96% is utter rubbish!
One thing noone tells you is that psychology is the most important part of trading and to develop that psychology from scratch can take anything from two to 8 years or more! And that most, not all, but most of these gurus who write books, sell courses and signals do not trade themsleves! Because if they did they would lose!
So canmoney be made from financial trading? Absolutely it can!!
Being a self employed has many advantages over a normal job:-
No premises required - trade from your living room
Trade from anywhere - all you need is the internet.
No fixed times - work whenever you want, if you want
No employees - no need to employ anyone
Little invesment - Apart from your learning costs!!!
Small ongoing costs - normally just internet and datafeed
High income - yes an income as high as earned by top executines is possible!
I better mention that the learning curve can be hard and full of emotional highs and lows, not to mention the occasional blowing up of your trading account.
I have travelled the road as have countless others and have experienced everything, form crooked brokers to crooked experts and systems.
For a number of years now I have owned a website called www.trading-for-a-living.com that brings to peoples attention systems that are working for me. That doesn't necessarily mean they will work for you too, however, if they work for me they will work for most people out there.
My old age has made me less of a go getter and more inclined to want a peaceful life, so my quest for the last couple of years has been looking for trading systems that require very little mental effort and time. I'm pleased to say that I have found them and will shortly be submitting an article on autotrade sytems.
In the meantime if you are considering going on a course or paying for a newsletter or signals service I would be pleased to give my opinion, just send me a note to info@trading-for-a-living.com
