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“Why it’s So Difficult for Most People to Make Money in the Markets?”Imagine playing a game for money in which marbles are drawn out of a bag and then put back. There are 10 marbles in the bag of which 6 are white colours and 4 are black colours. If one of the white marbles is drawn out, you win whatever you risked. On the other hand, if one of the black marbles is drawn, then you lose whatever you risked. This game has an expectancy of 0.20 That is, over a large number of trials, you’ll make 20 cents for every dollar you risk. That means, it’s much better than any game you’ll ever play in Genting casinos. But, what percentages of the people who play it make money? A typical result would be one third of the participants ends up broke, one third loses money and only a third of the participants makes money. In one of the research conducted by Ralph Vince, author of three books on money management, allowed 50 Ph.D.s who knew nothing about money management or statistics to play a game similar to the one described above for 100 trials. They were instructed to make as much money as they could playing the game. Guess how many of them made money? Only 2 out of the 50, or four percent made money! All of them started out with the same amount of money and they all get the same trades (i.e., marbles) but in the end, there are so few winners. Why? Poor position sizing and an undisciplined psychology. If people have trouble making money with a 60% marble system, what are their chances of making money in the markets? Very slim! Most traders tend to neglect three critical factors to winning in the market:
“These are the 3 most important factors that will be highlighted in this Course. One can only be successful in trading when one understands and drives these 3 factors deep inside him.”Adrian Goh, ForexPowerStart.com“Join this Course Now & Learn a Life Skill for Yourself!”Whether you are a complete new beginner or someone who has just started Forex trading, I guarantee you will certainly benefit from this Course. For those unfamiliar with the term, FOREX (FOReign EXchange market), refers to an international exchange market where currencies are bought and sold. The Foreign Exchange Market that we see today began in the 1970's, when free exchange rates and floating currencies were introduced. In such an environment only participants in the market determine the price of one currency against another, based upon supply and demand for that currency The internet has changed how the Forex Market has been traded over the years. We live at a time whereby we have the opportunity to participate in this exciting market which used to be meant for the rich individuals and financial institutions. The world famous Forbes Magazine has recently published an article giving "Eight Reasons to Consider Currency Trading” , which I quoted below: 1) Market Size : The currency market is the largest financial market in the world. The liquidity that comes from a market that trades nearly $2 trillion every day enables you as an investor to enter and exit your positions easily without having to worry about the price jumping too far before you execute your trade. Having a market this size also makes it much more difficult for any single group to come in and try to manipulate the market. This means your analysis of supply and demand will most likely be more accurate. 2) Ease of Entry : You can get started in the currency market with an account as small as $250. You don't need to have a lot of money to start making great returns on your investments. Anyone can take advantage of the benefits of the currency market. 3) Profit Potential : Profit potential is what every investor wants to hear about, and the currency market has plenty of it. You can make money in the currency market whether currencies are going up or down. If you think a currency pair is going up, all you have to do is buy it. And if you think a currency pair is going down, all you have to do is sell it. It's that easy. 4) Tax Advantages : Currently, short-term capital gains are taxed at your current tax rate, and long-term capital gains are taxed at only 15%. Obviously, it is much better to pay less in taxes. In the Forex market, much to investors' delight, it doesn't matter if you take your profits one minute after you enter a trade, or one month after you enter a trade: the first 40 percent of your profits are taxed at short-term capital gains rates, and the remaining sixty percent is taxed at long-term capital gains rates. 5) Trading Hours : The currency market is open 24 hours a day, nearly seven days a week. So whether you work during the day, go to school at night, or just like to get up early, you can find a time to trade currencies. Plus, different currencies are more active at different times throughout the day, so whenever you have time, there is bound to be something happening you can take advantage of. 6) No Commissions : You never have to pay a sales commission when you trade currencies. Stock brokers, even discount stock brokers, charge you a commission for every trade you place--both to get into a position and to get out of one. In the currency market, commissions don't exist. You simply pay the difference between the bid and the ask prices, which you pay in the stock market as well on top of you commissions. 7) Increased Leverage : This is perhaps the advantage that is most appealing to aggressive investors. Increased leverage allows you to control a large holding of currencies with very little money up front. For instance, if you had 100:1 leverage, you could control $100,000 in the currency market with as little as $1,000 in your own account. That means you get to realize all of the profits on a $100,000 position while only risking a small amount of your own money. Now, the opposite is also true. You get to realize all of the losses on a $100,000 position too. So be aware that leverage is a double-edged sword, and you should use it cautiously. 8) Guaranteed Stops : You have the ability in the Forex market to determine at exactly which price you would like to enter a trade and at exactly which price you would like to exit a trade, and these prices are guaranteed. A stop, or stop-loss order, is an order you place that instructs your broker to exit your trade if the price ever drops to a certain level. Think of a stop-loss order as a stop sign for your trade. If your trade ever reaches the stop sign--the price at which you would like to exit your trade--it immediately stops and exits so you can protect your money. So now, you have more reasons to trade this huge exciting Forex Market. I am going to teach you how to profit from it by applying a well-researched Trading Methodology by a Professor who also manage a fund. This is a no nonsense, step-by-step approach trading the 3 major pairs, namely the EUR/USD, GBP/USD and USD/JPY. This is a full-day course and the class will be capped at a maximum of 15 students. The next course details are as follows: REGISTER TODAY!!!
Investment: S$ 499 | |||||||||||
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