Forex Journey Bonus Report #2
Hi,
Todd Judkins here, and I have quick question for you. Have you always wanted to work out of your home? I don’t know about you, but when I work from home and have the freedom to control my hours the quality of my life soars astronomically.
I spend more time with my family, playing golf, generally anything I want.
I call it THE GREATEST HOME-BASED BUSINESS!
In today’s economy the need for a good paying home-based business is greater than ever and increasing every day. The move to a more service and development based economy has created great change and strain in the workplace.
Layoffs, outsourcing, life-style changes and technology have ushered in uncertainty and often times means that having a second or even a third source of income is necessary just to make ends meet and provide for our futures.
Gone are the days of being hired by a company, working and progressing through the ranks for 20-30 years and retiring to a nice sustainable pension. Now the onus is on us to provide our own retirement income and secure our financial future.
Since the 1990s staying in the same industry is a luxury fewer and fewer people know and there has been an explosion of home businesses being advertised, from stuffing envelopes to network marketing.
Are all these home based businesses profitable? Are they even right for you? If you had to develop a wish list of the benefits of a home business I imagine it would look something like this:
Unlimited profit potential
Fast start up time
No employees to manage
No insurance cost
No inventory to manage
No selling
No creating a down line for income
No advertisement or marketing budget
No outside office
Work from anywhere (including the beach!)
Small time commitment
Small start up cost
In other words, you want your cake and eat it too!
Given these requirements, what business could possible meet all of these requirements?
Let me introduce Forex Trading!
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LEVERAGING YOUR MONEY
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For most, money is tight. When you transition into becoming a professional trader leveraging your money will provide the acceleration you require. There is a learning curve every trader must overcome. Leverage is both good and bad. It can help and hurt a trader. Your goal is to build your skill trading in a virtual account while you gain the confidence to trade the Forex market and manage the risk associated with leverage. The greatest risk is not being properly prepared to trade this market.
Once you have the necessary skill, you can slowly begin trading real money and designing the life you deserve. Your requirement consists of patience and perseverance.
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SMALL BUT POWERFUL
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Currencies are traded in lots. In a standard account 1 lot controls $100,000 in currency and in a mini account 1 lot controls $10,000 in currency. So, for a mini lot $1 controls $10,000. When the price of a currency moves up one increment (called a pip) you have a potential profit of $1. The average currency pair moves 75+ pips per day.
Example: If you have a mini account and buy 1 lot of Euro/US Dollar (EUR/USD) and the pair moves up 10 pips your potential profit on the trade is $10.
Now there a more to the mechanics than this simplistic example, but you get the idea. This is an extremely powerful skill and requires education and training to learn to profit from it.
Also, don’t forget that the Forex market is open 6 days per week 24 hours per day. It will be there when you are!
Now is your time to learn this financial skill. Click below to find out how:
http://www.forexjourney.com
Next Time…
, in the coming issue you’ll learn…
***Creating a winning trading plan
***The Forex Journey approach to currency trading
“Thank you! I wish I found this 3 months earlier, that would have saved me a fortune. Thanks Todd, you’re the best! ~ Ingrid Vemeiren”
Warm regards,
Todd Judkins
Founder and Lead Currency Instructor
ForexJourney.com
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