Trading is the perfect home-based business.That said, if trading successfully was easy, everyone would be practising profitable trading. The fact is, 80% of people who trade will lose money when they first start. They won’t be successful for many reasons but, in my experience, the most common reason is that they fail to plan. A well-planned strategy is one that covers all the bases and will be adhered to unflinchingly. This takes guts and determination, but it is the same for finding real success in any other endeavour in life.Profitable trading is a realistic option for the perfect business. It is capitalism’s best-kept secret. Office politics, difficult bosses and tricky employees play no part in trading. The market makes no distinction about your wealth, education level, ethnic background or any other aspect of your identity. You can trade from anywhere in the world. Follow a few simple rules, and you can run your business virtually however you like.
Trading successfully is difficult if you don’t know what you’re doing. I can show you how to achieve trading success and shortcut your learning curve dramatically, but I can only help you if you have a strong desire to succeed. You see, trading requires you to work a little.To be able to push through this hard slog, you must start by not only asking yourself why you want to become a successful trader, but actually answering it as well
‘Why do you want to become a trader?’ The answer must include enough emotional attachment to make sure that you follow through on your promise to yourself. This ultimately depends on you, but some examples of answers might include:
* I want to ensure I have enough money so my children and family are well looked after.
* I want to pay off my mortgage so I can own my home outright.
* I want to be able to help those less fortunate than myself.
You need a clear vision of where you want to be, otherwise how will you know how to get there? Outline your vision and start thinking about profitable trading.