The Best Traders are ones who Lose the Least not Make the Most

Well I think this is true. When I first started trading (with a demo account) I was reluctant to pull out of a trade when it was going against me. It guess it went something like.....'maybe its a pull back and not an actual change in direction' but you only know for definite when you have already lost money. Its so easy to say when your sitting comfortably in your office chair when you Work At Home ahh that will never happen with my trading - and if it does then you need to learn from the experience and build a better exit strategy into your trading plan. On paper it is relatively easy to Make Money trading the Forex Market but there is a psychology to trading well and building a Home Business as your future earning capacity and fulfilling your dreams of Financial Freedom.

It is very hard to cut your loses but you need to for your money management strategy aswell as your trading plan. Forex Trading is something you need to learn how to do and this learning doesn't happen over night. It takes time to understand market movement, back test strategies, find out which indicators and moving averages suit you best and do you use Pivot Points aswell as Fibonacci?

If you are prepared to really Learn Forex Trading it is such a great opportunity. Millions are already trading but I don't know how many adopt good trading attitudes, see trading as developing their Own Business and treat it with the same respect as if they were starting out with a business loan in hand. Having said that it offers such freedom that I would recommend it to others and great for Work At Home Moms, those who do shift work and those who just want to Earn Extra Cash.

So trading Forex Market isn't just for the City boys then!

Cool.....!!

Cyaa

Annabel

TRADE FOREX FROM HOME

Being able to Work From Home is something I have always wanted to do - I guess like many others. Having control of my daily routine and of the way I make money has become increasingly important to me as I juggle working to earn money and keep a roof over head while I figure out how the hell I'm gonna race full time! In the short term I took out loans to pay for racing which I am obviuosly paying back every month.

Having spent the last year and a half researching and writing the FOREX BOOK whilst working full time sometimes with my own private clients, sponsorship hunting, writing sponsorship proposals, networking, learning how to trade the Forex market and keeping up with the running, I am now finding that FOREX Trading IS the way forward. The more I think of the other business opportunities available the more I think trading is great. Yes you can loose money but the most important aspect to trading is preparation, practise and know what you are doing.

I was discussing the potential trading has to offer in terms of financial gains with someone online a couple of days ago. It really does have the potential to make money for the rest of your life. The Forex doesn't generally respond to economic forces like any nation's stock market will so is relatively stable and as its so liquid and volatile there will be plenty of movement in the price to make daily gains. It is very reassuring, especially in this current economic climate to know I am not nervous about loosing my job as normally I would be. I think trading is one of the best home based business opportunities available to all - especailly if you want to build your Own Buisness. Its great to be in control of your income, daily routine and there's no wasted time now sitting in pointless traffic jams and spending hours commuting - aaahhh how lovely :)

Its also good to know you can learn and develop at your own pace. When I first started trading I didn't think there was much point in trading £1 per pip and looking for a measly 20 pips - what good is that?! But now I see that its not about the money - its about consistency. If you can consistently gain 20 pips then it doesn't matter if you trade £1 per pip or £100 per pip. There is always a progression - a step up the financial ladder if you like. As long as you can be consistent thats all it takes - and it is possible to trade £100 per pip if you have a large enough account size. This is why I see Forex trading as running an Internet Buisness - THE BEST online business opportunity there is.

Convinced? take a look at my web site for further information including a free download of the first chapter of the FOREX BOOK and some great Top Forex Trading Tips too to help you on your way.

Hope my ramblings help :) Good Luck....

Cyaa

Annabel

Is FOREX Trading a Business?

This really follows from general thoughts about sponsorship being as risky as any other marketing, advertising or PR campaign. It made me think that when I mention to others that I actively trade the Forex market the first reaction is - 'oh I could do that - its far too risky'. But any business opportunity risky? Isn't taking out a 100% mortgage risky? But many people do - society sees it as, yes risky, but its acceptable.

I think maybe many people are not altogether seeing trading as the business it is....possibly see it as a bit of a game - or worse see and treat it as gambling. You can loose a lot of money that way - which is up to the individual but if trading the Forex is seen and treated as an internet business opportunity then this is a very powerful way to make money for the rest of your life....well certianly for a very long time! Again its all about preparation, practise and learning how to do it the right way. There are now many tools available to everyone from books - like this one software, software from your broker, lots of online tutorials, experts with help and advice, live data - mostly all the tools available to all the city traders!

Again using the reference to starting your own business - you would do the necessary research first to establish an understanding of the market and build your knowledge first before making decisions to market your brand and carry out an advertising campaign. Having spent your budget on advertising your product/service how do you know what returns you will see - well you don't. You may have expectations but its a complete unknown. Again this can be seen with making trading decisions - know one knows what the market will do next - you make your decsions and see what happens. If you add in your expectations, wants and needs to the situation you can become emotional and not able to make clear decisions. OK so these will happen more often when trading but the key to successful trading is not to let your emotions affect your decision making when it comes to entering or exiting a trade. Do your research and write a clear trading plan - a business strategy if you like and then STICK TO IT. By doing this you will be practising good trading techniques - perfect practise makes perfect.

There are many get rich quick schemes or should I say scams. I don't believe any of them - surely someone else must be making money from you. I don't want that. The plan for me when I started trading is that I could work from home and be incharge of exactly how much money I made each day and what I could do to progress. I wanted to be in control and not a client or a boss and have the opportunity to progress and develop my understanding with a knowledge that this development would be reflected in monetary terms in the future. I see Forex trading as a fantastic home based business opportunity with the added luxury of being able to work at home - ahhh no commuting....and something ANYONE can do - I'm not joking either. For the short, medium and long term it is about financial freedom - not only from commuting but also as a solution to my continued underlying concern that design/architecture is the first to be cut from a company's list of things to do when there is concern about the economy. Yes its true to say that there are many projects being build around the world which I would work on and I have the experience to probably have work whenever I want it but I have experienced a downturn in the market a few times before - and its not a nice situation to be in. The schemes I am inlvoved with start at around £150,000 - so quite a chunk of investment for any company. That was one of the reasons for the decision to do something else - something I could control and conduct business from home. Trading the Forex gives me exactly that as its such a vast global entity that it is relatively 'safe' to trade and fairly 'predicatable' once you know how!

Learn Forex trading NOW - its GREAT!! Go to www.tradeforexfromhome.com for more information....

Cool - happy trading :)

Annabel