Personal Finance: How to grow your wealth with Forex Trading Investment

Henry Cobblah February 26, 2016

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Getting the understanding of what FOREX TRADING is and how to take part in this lucrative home based investment business from last Weeks’s lesson from the fast selling book INVESTMENT GUIDE (FOREX TRADING). let me explain further to you in this second lesson from the same book, Why FOREX trading is quickly becoming one of the investing world’s hottest, most rewarding opportunities and, why it’s our chosen ‘Ideal Business and the reasons you urgently require a copy as soon as possible.

Grab a copy of this self-finance development book already making waves in and out of the country. With practical training, demo trading, etc, all you require and need to grow your finances in forex investment is in the book. Call (+233246751535) or email gabbynanaoforiyeboah@gmail.com for bulk purchases or personal purchase.

As ambitious, hungry, time freedom-driven entrepreneurs like myself, before I was introduced to the concept of Trading-For-a-Living, I had the pleasure of reviewing and seeing IN ACTION hundreds of home business plans, profit- making ideas, and ways to earn a decent income outside of a J-O-B. while I realize majority of you reading this know J-O-B stands for “Just Over Broke” and that you’ll never become wealthy working one forever; and while I understand you’re already determined to live your dreams and reach a level of REAL financial independence and Freedom, I still want you to know that it’s NOT just all about money — it’s about quality of life. It’s about time freedom and self-reliance. It’s about families. It’s about being able to live a life where you can achieve your recurring daydreams. I feel FOREX Trading allows you to live the life you’ve always wanted more so than any other income vehicle.

FOREX Trading in my opinion, is indeed “The World’s Most Lucrative Home-based Business” But, more than just analyzing ways to make money, I’ve been a part of quite a few (i.e., Direct Sales, delivery business, Real Estate, marketing consulting, risky investments, etc.).

And from meeting with, interviewing, hearing about others in business, studying industries with intensity and/or reading about all the different “gurus of the moment”, I have come to find a few

SIMPLE truths:

Business Truth #1:

Quite often people who have money don’t have the time to enjoy it, and those that have the time don’t have the money.

Well, here’s some compelling news for you…

You don’t have to sacrifice a LIFE to earn an incredibly above-average income!

This isn’t a pipe dream. It’s purely realistic and completely optimistic to say that, yes, if you FOCUS on FOREX trading for several months, you CAN bring your life into balance.

Business Truth #2:

Before money is earned…something, somewhere, somehow has to be SOLD. And, if it’s not a repeat type (consumable) product or service, as soon as you stop whipping up the sales force your income comes to a screeching halt!

Listen: “money” is a medium of exchange, nothing more and nothing less. There’s no magic way to acquire it. The way to build wealth is to exchange a value-oriented product or service for it.

But what if, rather than hiring sales reps (or being one yourself), a full-time accountant, an attorney, administrative staff, customer service / human resource personnel (in other words, “employees”), you could work by yourself and have access to multiple thousands of “customers” (no need to advertise to them either) who are ready and able to BUY from you (or SELL to you) at the drop of a hat?

Wouldn’t it be incredibly cool if your business could just laugh-off such traditional hindrances as competition, collection problems, changing fads, bad publicity, political or social events, etc.?

Yes, all that and, oops, I almost forgot — it gets even better, trade from anywhere. If you like to travel, this is a dream business. Take your laptop with you and you can trade the FOREX and make money anywhere in the world where you have an internet connection. You can be on the white-sand beaches of Labadi, or at your kitchen table (we work extensively at both spots). You have total freedom of location. Can you now see why I call this “The World’s Most Lucrative Home-based Business?”

Business Truth #3:

A classic dilemma: for most, you can’t get a job (or start a business) without experience (expertise) and you can’t get experience (expertise) without a job (or being involved in business).

When attempting to make more profit than losses on the fluctuation of exchange rates between major currencies (i.e., trading the FOREX), nobody is going to ask you for a diploma, a formal license or verify the amount of hours you’ve spent studying the Foreign exchange market and banking industry.

Nope, it just isn’t going to happen!

All the training you’ll need to get going smoothly is included IN this book INVESTMENT GUIDE (FOREX TRADING). Now that I’ve talked about how FOREX Trading Obliterates, like a nuclear explosion, the 3 main disadvantageous business TRUTHS above…..

More investors and entrepreneurs are shunning traditional financial markets, like stocks, bonds, commodities and building their fortunes in the foreign exchange (FOREX) marketplace.

Here are 6 important reasons why:

1) FOREX is the largest financial market in the world.

With a daily trading volume of over $1.5 trillion, the spot FOREX market can absorb trading sizes that dwarf the capacity of any other market. In fact, when compared with the $50 billion daily market for equities or the $30 billion futures market, it becomes quickly apparent this gives you, and millions of other FOREX traders, almost infinite trading liquidity and flexibility.

2) FOREX is a TRUE 24-hour market.

The FOREX Market never sleeps. Trading positions can be entered and exited at any moment around the globe, around the clock, six days a week. There is no waiting for an opening bell as in the case of trading stocks. It is a 24- hour, continuous electronic (ONLINE) currency exchange that never closes. This is very desirable for you if you want to trade on a part-time basis, because you can choose when you want to trade: morning, noon or night.

3) There is never a Bear Market in FOREX.

You can have access to a seamless, mutually-inclusive (two- way) exchange of currencies. Meaning, because currencies trade in “pairs” (for example, US dollar vs. yen or US dollar vs. Swiss franc), one side of every currency pair (for example, USD/JPY – JPY = YEN) is constantly moving in relation to the other. Thus, when you buy a particular currency, you are actually simultaneously selling the other currency in that particular pair. As the market moves, one of the currencies will increase in value versus the other.

Thus, when you buy a particular currency, you are actually simultaneously selling the other currency in that particular pair. As the market moves, one of the currencies will increase in value versus the other. Of course, it is up to you to choose the correct currency to be long or short. Since currency trading always involves buying one currency and selling another, there is no structural bias to the market. This means you have equal potential to profit in both a rising or falling market.

4) High Leverage – up to 200:1 Leverage.

You are permitted to trade foreign currencies on a highly leveraged basis – up to 200 times your investment with some brokers. This is primarily attributed to the higher levels of liquidity within the currency markets. Standard 100,000- unit currency lots can be traded with as little as 1% margin, or $1,000. Mini FX accounts are permitted to trade with just 0.5% margin — in other words, just $50 allows you to control a 10,000-unit currency position. Futures traders, who are accustomed to margin requirements generally equal to 5%-8% of the contract value, will immediately recognize that the FOREX market provides much greater leverage, and for stock traders, who must post at least 50% margin, there’s no comparison. If you’re looking for an efficient use of trading capital, this is it!

5) Price Movements Are Highly Predictable.

Although currency prices in the FX market may be volatile, they generally repeat themselves in relatively predictable cycles, creating trends. The strong trends that foreign currencies develop are a significant advantage for traders who use the “technical” methods and strategies I will teach in the up-coming lessons.

Unlike stocks, currencies rarely spend much time in tight trading ranges and have the tendency to develop strong trends. Over 80% of volume is speculative in nature and, as a result, the market frequently overshoots and then corrects itself. As a technically-trained trader, you can easily identify new trends and breakouts, which provide for multiple opportunities to enter and exit positions.

6) Instantaneous Order Execution and Market Transparency.

Market transparency is highly desired in any trading environment. The greater the market transparency, the more efficient the market becomes. Unlike other markets where transparency is compromised (like in the Enron scandal), FOREX markets are highly transparent i.e., analyzing countries, and having access to real-time research / news, is easier than for publicly held companies.

Because of this transparency, as an FX trader, you will be able to exercise risk management strategies in accordance to the fundamental and technical indicators I will teach in the on-going lessons.

The FX market offers the highest level of market transparency out of all the financial markets. Because of this, order execution and fill confirmation usually occur in just 1-2 seconds. Markets that do not offer executable prices and force traders to absorb slippage obviously compromise the trader’s profit potential considerably.

In the forex world, order execution is all-electronic and because you’ll be trading via an Internet-based platform, instantaneous execution is routine. There are no physical exchanges, no traditional open-outcry pits, no floor brokers, and consequently, no delays.

So, by now, I believe you’ve understood and started appreciating the FOREX ‘fever’, our belief and interest in this market of unlimited profit making opportunities and I am sure you are now ready to live your financial dreams.

FOREX trading truly is the “World’s Most Lucrative Home based Business” and I invite you to stay-tuned for next week’s lesson on *Currency Pairs* – how to read them, calculate profits, recommended pairs to trade, etc.

Author: Gabriel Ofori Yeboah (Author) Investment Guide (Forex Trading).

Fund Manager, Investor, Broker, Underwriter, FX Trader, Consultant–(Investment, Financial Analyst, Banking) and business Analyst.

Email: gabbynanaoforiyeboah@gmail.com Tel: 0246751535