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Sunday, March 4, 2012

Forex Trading Has Real Possibilities For Fortune
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One of the most serious issues currently confronting the world is the gap between rich and poor. In the past such gaps have led inevitably to social upheaval. The discrepancy between what a soccer player earns for kicking a ball about a field and what a seriously creative and inventive person might earn is so absurd that it puts the freedom to do what one likes seriously at risk. Fortunately, freedoms to trade Forex Trading and make fortunes still exists and may provide the hope for ordinary people that can prevent insurrection. It has become possible for ordinary people to trade these markets, thanks to Internet technology. They are open twenty four hours a day during the working week. Huge volumes account for unsurpassed volatility and liquidity. These facts make something of a nonsense of those who are still imprisoned in notions of commuting to an office for a few hours per day to be paid and taxed excessively. It seems that the culture of paying excessive salaries and bonuses might in fact have grown out of the freedoms that now exist to earn independently. If young people can earn high amounts by playing with money belonging to others and not risking their own they would be fools not to leap at opportunities. Even very experienced and successful traders prefer to risk other money than their own. No one has cause to complain if a trader risks his own money and accumulates a large fortune through his own acumen and judgement. It is only when this is done dishonestly with funds belonging to others that fingers can be pointed. Fortunately the period of madness appears to have passed, as somewhat more moderate packages are being announced. This could encourage others to set out independently to make their ways as Forex traders. There is no doubt that large fortunes can be made in this field of endeavor, just as large fortunes were made by British colonists who went out to India and came back to England as nabobs. There is no limit to how much a man can make. It is entirely up to his skill and enterprise. He has no overheads, no staff and no office to maintain. With discipline and persistence a person with a very small amount of capital can accumulate a vast store of wealth. On the dark side, there is risk. Supposedly professional bankers may make huge profits one week and give them all back the next. This makes consistency the most important attribute of traders. Forex trading is often equated with gambling by the large number of people who begin and fail. They walk away muttering about grapes being sour anyway. But it has been recorded that traders with certain temperaments, who follow strategies with tight discipline can make money consistently. If they can accomplish, so can others. It's a question of developing the right psychology.

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