Last week I got a startling question from a reader asking about the easiest and best way to make money online. It was a question from a newbie who has spent lots of money buying one internet gimmick after another, lured by the false promise of instant money. This reader’s concern is mostly an anxiety shared by many who venture into online money making opportunities.
At first I did not know how to respond without bias, myself as a trader. Yet I wanted to answer forthright and candidly as possible as I can. I had to bump the concern of this reader ahead of my scheduled post, the third post on Forex Trading which was queued up for publishing. I will return to Forex Trading in my next post but for now let’s take care of this reader before he loses his mind. [click to continue…]
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The Chinese have a saying or proverb, he who chases after two rabbits ends up losing both. How does this relate to you as a trader? You are about to discover the key ingredient that has made successful traders extremely wealthy. But what does it have to do with placing orders? After all, you want to make money and placing your trading orders is all that counts, you think. But wait, a study was conducted not too long ago to find out the main reason why most inexperienced traders fail to place successful trades, revealed a shocking statistic. It was revealed that young traders like you are often distracted by multiple trading positions and that lack of a single minded focus was the greatest culprit. 
Not to bust anyone’s chops, but seriously do you really think that making money in commodities, equities and forex trading involves just an ebook and a trading software totaling less than $100? Are you serious or just kidding yourself? Think again! Statistics show that most a well educated and resourceful trader is more positioned to make money trading than a drive-by trader armed with just a bootleg software. If your goal is to make real money and not kid around then continue reading because you are about to find out the baby steps you need to make money.
One of the most popular reality shows on TV for young entrepreneurs and business lovers alike is Donald Trump’s Show, “The Apprentice.” Trump is one of the wealthiest entrepreneurs in the country, a billionaire whose powerful instincts and savvy mind has earned him a lot of money. The show consists of young ambitious entrepreneurs, bright, educated young men and women vying to gain his attention and to learn the ropes of wealth building from a master at his own game. The competition to join this select group was always fierce. To be accepted as Trump’s Apprentice meant instant celebrity status and a guaranteed pathway to wealth. But the odds of being one of the lucky ones in a sea of thousand applicants was unrealistic. It’s a lot easy to see why ambitious people want to emulate him so much and are drawn to his highly successful show. I’m pretty sure that given an opportunity to be Trump’s Apprentice, you will jump at the offer as well. We all want fame, success, money and power that goes with being financially free. 
