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The forex trading world

It was late 1999 that a lineage advert in the bizops section of the sunday times caught my eye. "Make £5k or more per month trading the financial currency markets". At the time I was really cheesed off with my full time job in telecommunications and I was looking to get out.

I wanted a business that paid more but gave me the flexibility to do my own thing. The forex ad was intriguing, so I gave the guy a ring. He spent over half an hour spelling out the advantages of speculating in forex and was prepared to offer me a 2 day starter seminar that would have me up and running in no time. The course cost £8k but he could help me get a career loan that would cover 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 waters of the forex 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 bullshit!

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 2 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 blow their accounts!

So canan income be made from forex trading? Absolutely it can!!

Being a self employed has many advantages over a normal job:-

No premises required - trade from your home
Trade from anywhere - all you need is the internet.
No fixed times - work when you want, if you want
No employees - no need to pay anyone
Little invesment - Apart from your learning costs!!!
Small ongoing costs - normally just internet and datafeed
Large income - yes an income as high as made by top executines is possible!

Be aware though that the road to freedom can be hard and full of emotional highs and lows, not to mention the occasional decimation of your trading account.

I have travelled the road as have many 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 the majority of 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 seeking out trading systems that require very little mental effort and time. I'm happy to say that I have found them and will shortly be submitting an article on autotrade sytems.

In the meantime if you are thinking of 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

T.Syed
www.trading-for-a-living.com