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    How to Trade Currency starting with $500 Capital
    How to Trade Currency starting with $500 Capital
    How to Trade Currency starting with $500 Capital
    Ebook118 pages1 hour

    How to Trade Currency starting with $500 Capital

    By Jose Pecunia

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    About this ebook

    If you’re brand new to investing and trading you can learn to go from financial mediocrity to financial prosperity in the time it takes you to read this entire book. This book details what it takes to become a consistently profitable investor and trader in today’s financial markets working against the best investors and traders in the world. There are zero short cuts in the beginner learning curve for this business. There is a progression which all self-directed investors and traders who are successful have gone through to become consistently profitable in the live financial markets.

    This book has some powerful information in it to guide the beginner investor and trader to the easiest way to reduce the long learning curve there can be in the business of making money with money. I wrote this book for all the new and upcoming aspiring day traders, swing traders and investors who are coming into the business and have zero or very limited knowledge so they won’t have to waste valuable learning time and money.

    Investing and trading is the best business in the world as far as I am concerned. It is the only business I know of where you can be at the beach on a beautiful sunny day or scuba diving or flying to Europe for the weekend to meet up with friends and still be making money the whole time you’re doing it.

    No other business in the world other than trading allows you to work at your own pace and make an unlimited amount of money. A brand new trader with no experience can read this book and depending on how fast they can grasp the concepts and learn them can be making an income for themselves in as little as 30 days to 6 months. This book can help you to understand what you need to know in order to consistently make money with the smart money.

    The details in this book will give you all of the information to get started making money right away and is an excellent book for brand new beginners in trading and investing. If you are looking to learn more about investing and trading from scratch, this book is your start. If you don't have much investment experience or are struggling, this is probably the book you should start with. This book is clearly geared towards readers who are responsible adults who are looking at self-directed investing seriously for the first time on their own who have no knowledge or information on where to start.

    All the beginner information in this book would take someone who is a new beginner years to figure out before they could actually go into the live markets with real money and except to make any money. The best information you need is being given to you all in one place at one time in this basic beginner’s book and is an extremely easy book to read and digest. I have kept industry jargon to a minimum and provided a glossary of abbreviations at the end to help you get up to speed with market speak.

    This book gives you the only beginner information you will ever need to make real money in the live markets for the rest of your life if you follow what it says in here. You will have a lifelong skill that will enable you to make money anywhere, anytime you like, anyplace in the world there is WIFI. Isn’t that the kind of business you would love to be in?

    LanguageEnglish
    PublisherJose Pecunia
    Release dateFeb 12, 2017
    ISBN9781386739487
    How to Trade Currency starting with $500 Capital

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      Book preview

      How to Trade Currency starting with $500 Capital - Jose Pecunia

      How to Trade Currency starting with $500 Capital 

      How to Trade with Low Capital as a Beginner

      By Jose Pecunia

      Copyright 2017

      Who I wrote this book for and why I wrote it

      I like to start off all of my books with this section. It gives me a chance to really connect with you as a brand new trader and let you know that what I am writing about in How to Trade Currency starting with $500 Capital is specifically written for you. All the books in my New Day Trader, Swing Trader, and Position Trader Learning Series are geared for people wishing to enter the business of making money with money that are brand new and have zero knowledge yet and a limited budget for trading capital. Here is one thing I tell all brand new traders who come to me for mentoring. Those that attain the needed edge in market speculation will get paid from those who don’t. You can take that to the bank!!!

      As a brand new investor and trader with zero knowledge of the business you are at a loss as to what information you actually do and do not need. Much of what the current trading education industry is putting out is not only giving you information that is all backwards, it is very unrealistic to do in the live markets, and can get you into a lot of trouble. Why would you want to learn something that could potentially cause you to lose money right away in your new trading business? The trading education industry is not regulated so beware of that. Anyone can put out a YouTube video of anything and brand new traders who are watching these types of things thinking that what they are viewing are the right things to do.

      I get a lot of flak from the trading education community for opening up the door for new brand new traders and giving them real opportunity to learn trading the right way from the first day and do it on the cheap. Most trading shown in books, video training and webinars these days is taught not only unrealistically it shows you information you really don’t need and that cannot help you have an edge. They are showing you how to trade on information that has already happened, and there is zero edge in that.

      I have seen brand new investors and traders waste a serious amount of valuable education and training time on learning information that will not do them any good and can even cause them to lose some of their hard earned money right away in the live markets. No one wants that however it is a huge mistake that brand new traders make because they don’t know any better.

      New traders also spend waaaay too much time on looking for the magical combination of indicators, settings and colors they think will show them something that is going to help them make more money. There are no shortcuts or bells that go ding to tell you to enter the right position so stop looking right now and if you are using something like that and you’re losing money that is why. All you need to see is right in front of you on the price chart and that is price and time. Those are the only things that professionals care about and nothing else.

      In How to Trade Currency starting with $500 Capital I tell you how the live markets work in reality and what does work for making money every day. Price action in the live markets only moves to and from value areas because of supply and demand. You must be able to spot and quantify these value areas at a glance and be able to take decisive actions at these areas, sometimes on the fly if you want to make money. These areas are where the smart money are working from and also where the sheeple of the herd retail traders are making all their mistakes, learn to see both and profit from them.

      Many of the things I tell brand new investors and traders in all my books may sound like I am a broken record and some things you read may sound repetitive. I do that for a specific reason because much of what trading is about is doing those same actions over and over again repetitively to make money the same way every day. It is the only way professional traders do it and how they develop their edge to win in the live markets against the best market participants in the world.

      The learning curve in this business and it is a business can be long, brutal and very very expensive if you learn the wrong way. How to Trade Currency starting with $500 Capital aims to tell you how do study it the right way the first time and greatly reduce that long learning curve by showing you what the market is really made of and who are actually in control of it and when they are in control of it. When you have this information and can see it on a live price chart in real time and pull the trigger without hesitation you can make a lot of damn money!

      The more time you spend with learning trading the better you will get to know it and how to develop an edge. Once you can use this edge in real time you will be on your way to becoming a professional money making consistently profitable trader. I can't stress enough how important spending the proper amount of time is. Choose not to do this and you will surely lose some money perhaps all of it. Make no mistake about it; there are people in there in the live market who are there to take your money. Are you going to let them do that? Let’s have you learn the business the right way the first time from the first day.

      Brand new traders all make the same mistakes over and over because they don‘t know any better, now you do. They do what everyone else is doing and study what everyone else is studying thus they have the same results and failures as everyone else. Don’t be that trader! If you can just take the time to read this information in this first book, let it sink in and then continue on your educational journey you will have done yourself a huge favor and also begun to give yourself the needed edge to succeed in this business.

      I wrote How to Trade Currency starting with $500 Capital for all beginning aspiring investors and traders who are just getting their head around doing the day trading and swing trading business. Everyone has their own ideas of what they think day trading and swing trading are and what it can do for them. How to Trade Currency starting with $500 Capital is for beginners and will detail many of the things that a brand new trader must learn not to do before they can become consistently profitable in the live markets.

      Picture yourself throwing all your startup capital into the bon fire at the party you’ll throw for yourself for starting your new trading business up and watch it burn up in smoke and flames right before your very eyes. You smell that? That’s all your money burning up because you went to fast or did not learn what to do the right way from the first day of your business and did not develop the needed edge to compete at the highest level. Trust me when I say, the sharks in the market will chomp up your trading account without hesitation. We’ll get to the sharks a little later on in the book so you know who they are and what they can do to you as a brand new beginner trader.

      There are only two groups of people who are doing business in the markets, the professionals and the retail investors and traders. The retail group includes both wanna be traders and also brand new traders with zero experience at all who are just trying to be cool and say they work in the market.

      How to Trade Currency starting with $500 Capital will be an excellent introduction for someone has zero or very little experience in the financial markets for what they can expect to research and learn if they want to have any chance at being successful making real money in the live markets. If you’re brand new How to Trade Currency starting with $500 Capital will give you a head start, if you have a little knowledge already I hope How to Day Trade Forex with a Small Account for Beginners can give you more information and help you learn something new.

      I did not put all the history of the markets and all the stats in How to Trade Currency starting with $500 Capital. You can look all of that up online at your leisure if you want to know that information. While it is good to know, it will not make you real money in the live financial markets every day.

      How to Trade Currency starting with $500 Capital will be an incredible read for someone who has zero knowledge or someone who has some basic experience who is struggling with their trading and investing. I purposely do not put any charts or graphs in How to Trade Currency starting with $500 Capital and I will tell you why. This is a very good book for the novice as it is easy to absorb information. Since you’re new all you need to do at this point is try to absorb what is said here.

      Simple, basic and easy to understand, if I can give you one word of advice at this point in How to Trade Currency starting with $500 Capital I will tell you to keep it simple because trading really is simple if you keep it that way. You do not need any indicators or fancy systems, methods or software that the so called gurus are all touting. The market only works on supply and demand and supply and demand is the only thing that as I said earlier moves price on a

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