| The turtles were taught to become financial traders | | | | You can trade futures or global currencies and make |
| and none of them had any previous financial | | | | money both markets will grant you more than |
| experience. | | | | enough leverage to increase your gains. |
| Before you say I couldn't do that read on because | | | | All you need is an internet connection, the motivation |
| like the turtles you can because trading financial | | | | to learn how to read a chart and in under an hour a |
| markets can be learned by anyone who is prepared | | | | day you could be trading for big profits. |
| to apply themselves to learn the right knowledge. | | | | Financial trading represents one of he few ways for |
| First let's look at the advantages of financial trading: | | | | traders to start with small stakes and make money |
| 1. The major advantage is you can leverage your | | | | quickly and build serious wealth. |
| investment this means that if you have 10,000 you | | | | So did they do it when 90% of traders lose? |
| can trade on leverage of 100:1 or more, so you get | | | | The fact is the majority of traders who lose lack the |
| to trade a million. | | | | three basics for success. |
| 2. Financial markets trend in one direction for a | | | | 1. They consult guru's and try and buy success, |
| sustained period of time for long periods and these | | | | without doing learning the method themselves. |
| trends can be spotted and traded for profit. | | | | This means they lack confidence in the method and |
| 3. Human psychology is constant so it shows up in | | | | cannot apply it with discipline in losing periods. |
| repetitive patterns that can be traded for profit. | | | | 2. Discipline is the key as without the ability to apply |
| The key of course is to learn a method that cuts | | | | it you have no method in the first place and this |
| loses and runs profits - and turtles learned this and | | | | means knowing how and why your method works. |
| the discipline to apply a method. | | | | 3. Money management is the other key. |
| The turtles were taught by trading legend Richard | | | | It doesn't matter how good your method is, if it |
| Dennis, to prove to his partner that traders were | | | | lacks sound money management when you trade on |
| made not born and he proved the point with stunning | | | | leverage you won't preserve your capital. |
| success. | | | | Most traders focus to much on the profits they can |
| Dennis taught them all a method they could have | | | | make rather than protecting what they have. |
| confidence in and showed them how it worked. | | | | If you want to win trading financial markets you |
| From this inner confidence that the method would | | | | need to play great defense first and let your offense |
| achieve success came the discipline to apply it, which | | | | take the opportunities when they emerge. |
| all traders need to ride out periods of loses. | | | | Many traders also work hard but they don't work |
| It took just 14 days, these traders became trading | | | | smart and learn the wrong way to trade. |
| legends and piled up millions in real time profits. | | | | The turtles are proof that anyone can trade and |
| Not everyone who trades of course is going to | | | | anyone with a bit of seed capital can make money. |
| make millions, life simply isn't like that. | | | | If you are serious about making money, and a |
| However the potential to become a successful trader | | | | willingness to learn, you can take advantage of the |
| is open to anyone. | | | | opportunity to trade financial markets to. |