subject: Trading Forex During a Worldwide Economic Crisis [print this page] Trading Forex During a Worldwide Economic Crisis
Oh no! The world is in turmoil! What are we going to do now?! Help me Mr. Government! I need your moneys to buy me a new loan and get into debt even more!
No money, no jobs, unemployment is rising at an astronomical rate, prices are going up, taxes are going up.
Wow! Doom and gloom ey? I'm sure this is a delicate subject that is in the back of your mind.
Doom and gloom, worldwide economic crisis, no money, no jobs It does not paint a nice picture at all!
So, what does Forex trading have to do with all this? The answer is simple really let me explain.
We are living during one of the most historical moments since the existence of mankind.
And unfortunately many people do not see how tremendously opportunistic these moments really are.
You see, you will always get two types of people:
1) The naysayers "doom n' gloom folks" that worry and stress and act like sheep. These are the majority of people, the 95%ers.
2) The entrepreneurs "opportunistic folks" who see nothing but opportunity all around them. These are the 5%ers.
Now, if you know anything about trading, you will know that trading in its most simplistic terms is a transfer of wealth between the accounts of those who DON'T know how to trade into the accounts of those who DO know how to trade. That's it! Nothing more and nothing less!
Now, a crisis can be a horrendous or tremendously beneficial experience for you.
And in order to make it beneficial for you and your family you need to *understand* what creates a crisis. And guess what! In its most simplistic terms, a crisis is nothing more than the "HUGE transfer of wealth between those who DON'T understand how a crisis works with those that DO understand how it works. That's it! Keep it simple!
The key here is to understand how to position yourself just like the informed 5% of people do. This will allow you to receive wealth instead of give it away like 95% of the population is currently doing.
If there's anything you can take away from this lesson is that no matter what, everything on this planet moves in waves. These "waves" are called supply and demand waves.
Learn to understand how supply and demand works and believe it or not, you can position yourself for huge success and wealth, no matter your current situation.
You see, in trading, supply and demand is king. If you learn and trade with this principle you can create ridiculous wealth for yourself, because you become the trader that understands HOW this works.
One of the simplest yet most powerful techniques I can give you is the following:
- Markets move in trends.
- These trends move in waves.
- These waves only move in two ways:
Impulsive wave.
Corrective wave.
This technique has been passed down to me by some of my most respected mentors, and let me tell you, If you can get good at combining supply and demand principles, along with the above technique I just shared with you, you will be automatically empowered and positioned on the "receiving end" of one of the most historic wealth transfers ever to occur to mankind, in the currencies markets.
A word of warning, you may experience thoughts that this in itself sounds too simplistic and unrealistic.
Well guess what, that is why it works! It is counter-intuitive; hence, only around 5% of the population achieves this feat. Follow your instinct, that gut feeling inside of you, and please for your futures sake! Strive for more and give it all you have!
Trading literally is one of the only 100% recession proof businesses out there, and if you master this highly lucrative skill you will experience the benefits of this highly acclaimed industry and join the many home based traders who live life on their terms.
