Uploaded by SUCCESSPASS on Mar 7, 2010
Why should you start your own business when you can make just as much if not more money investing-trading?
WHY I DECIDED TO START TRADING
If you are patient and watch the market you can trade without any overhead or worry about starting your own business and some people make millions within a few short years or months sometimes. So from a strictly ECONOMIC POINT OF VIEW why would you start your own business?
You would start your own online business because from a economic point of view your online business is more likely to succeed than a offline business.
Currency and share trading are a great way to earn some extra money while you're waiting for your online business to grow, because the reality is it takes some time effort and money to start a online business and get it into profit land ;)
Every year millions of people go online looking for a pot of gold, I'll be the first person to tell you that there is a pot of gold when you start your own online business but you have to make sure that you watch that pot of gold and do your due diligence in your first few months and years.
Online marketing/starting your own online business currency and share trading attract people who are hoping to make money fast, these types often don't realize that there is real work involved, they think that they will turn on their computer and the dollars will start popping out of their screen!
Most people will quit when their shares lose value or when they don't make a sale within their first few weeks or months of starting their online business, they quit because they don't know that success like a seed needs time to grow through all the different seasons, and sometimes they quit because they are just too lazy to put in the hard yards now so they can sit on the beach later! They want to sit on the beach now!
If you want to start trading currencies can be one of the most lucrative markets to trade. But trading the forex exchange for beginners can be a frustrating experience because there is a lot of conflicting information and opinions from different people. Trading stocks can also be quite frustrating but you can make that experience less frustrating by purchasing the bet on markets guide.
That's why you should start with a demo account, a demo account is 100% risk free so you can start with no money and when you start making money with your demo account you can start to invest your own money knowing that you will get a return.
If you want to learn about how to start your own online business watch my other videos.
The business world is very volatile that's why you need a trading strategy To trade successfully you need knowledge, information, accuracy and precision. The market has been plagued by many problems, Greece is a perfect example of this, the introduction of the euro practically eliminated tourism in Greece and their economy hasn't been the same since the euro was introduced.
For the common person economic indicators are next to impossible to understand let alone act on! To gain a better understanding of the currency and share markets I would strongly suggest you read the Financial times at least once a week till you feel confident that you know what's going on.
A lot of people will tell you that reading the papers and magazines to get information about the stock market is useless but they are experienced in technical analysis, until you are good at technical analysis you have to do your fundamental analysis, and before you panic because you don't understand what technical or fundamental analysis is just pick up the Financial times or go to www.bloombergs.com that is fundamental analysis!
That's right reading the Financial times can be classed as fundamental analysis! It's not that hard! And you don't have to read it every day, once a week will help and who knows you may get hooked and start reading it every day!
So now you know why people start their own business when you can make just as much money if not more investing in the financial markets.
Eliza McNamara
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That accent is incredible, its makes anything you say interesting.
cjacobs537 5 months ago
You do a Marvelous job .They need people teaching this stuff in the primary schools Love to hear all your channels.YEAH my mum shoots down some of my ideas.Do you have your own on line bussiness? We all would love the idea of work less get paid more. You have amazing strategies.I love hearing what you you said about delaying gratification.starring a grazy cat again hey
multicreationsable 1 year ago
You have a lot to teach so many...... keep the videos coming please....
AmericanSurvival101 dot com
DeathOfTheDollar2010 1 year ago