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It was late 1999 that a small advertisment in the business opportunities part of the sunday times attracted my attention. "Earn five thousand pounds or more per month trading the forex markets". At the time I was extremely cheesed off with my permanent job in telecommunications and I was looking to get out.

Ideally I wanted a business that paid more but gave me the time to do my own thing. The financial advetisement was interesting, so I gave the guy a ring. He spent over 30 minutes listing out the advantages of speculating in currencies and was prepared to offer me a 2 day starter seminar that would have me trading professionally in no time. The course cost £8k but he could help me get a careerdevelopment loan that would cover the fees and I would not have to pay back until well after the course had finished.

Little did I know that I had just entered the murky waters of the currency investment seminars, courses and signal services.

Eight years later, after spending many 1000s of pounds on courses, ebooks, seminars, books, signal services I have tried a lot of what is out there and believe me 96% is complete crap!

One thing noone tells you is that mental attitude is the most important part of trading and to develop that psychology from scratch can take anything from 2 to eight years or more! And that the majority, not all, but the majority of these gurus who write books, sell courses and signals do not trade themsleves! Because if they did they would blow their accounts!

So canmoney be made from currency trading? Absolutely it can!!

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

No premises required - trade from your living room
Trade from anywhere - anywhere you have an internet connection.
No fixed times - work when you want, if you want
No employees - no need to pay anyone
Little invesment - Apart from your learning costs!!!
Little recurring fees - normally just internet and datafeed
High 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 countless 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 things 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 most people out there.

My old age has made me less of a go getter and more inclined to want a peaceful life, so my search for the last couple of years has been seeking out trading systems that require very little mental effort and time. I'm pleased to say that I have found them and will shortly be submitting an article on autotrade sytems.

In the meantime if you are considering 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

This Stock Market article is provided by Articleteller - The Free Article Directory http://www.articleteller.com

T. Syed is a financial trading researcher and analyst. He currently owns and edits the web site www.trading-for-a-living.com

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The currency investment jungle

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