Making Money from the Markets !

Once you learn to Trade successfully, Trading the Markets (Stocks or Currency) is not just about making Money. There are several other reasons why Trading the markets is so attractive to most people. The main ones are :-

• The ability to Trade from Home, via the Internet.
• The ability to see your earnings (Trading profit) placed in your account Immediately, no invoicing, no wait, no complaints or returns.
• Trade when you want, Take a break when you want.
• No need for employees, premises, or physical inventory.
• There is No limit to what you can earn.
• With the right system, Trading can be Automated.

There is also an added incentive, being successful at Trading is absolutely the most fun you can have with your cloths on ... !

So why do most people Fail ?

This is a much misunderstood area of Trading. Statistically 95% of Traders who Trade the markets (Stocks or Currency) actually lose money, to the point where they stop Trading. Why?

There are a multitude of reasons, but the main ones are :-

• Lack of Patience, leading to a scattergun trading approach
• An expectation of making money immediately.
• An undisciplined approach to Trading.
• An assumption that shorter trading time frames are better.
• An assumption that all knowledge to be successfully can be gathered for FREE.
• By projecting the size of the potential win, instead of the size of the potential loss.

The final point of which leads to the biggest reason for most people quitting the markets, running out of Trading margin, usually caused by placing Trades that are too large for the account size.

Failure should be factored in on a Trade by Trade basis. In other words, concentrate on how much you may lose, not the potential winnings ....... adopt this approach, and you will start to succeed.

Finding the right Formula

Trading the Stocks and Currency Markets can be a tricky business for veterans, never mind beginners. But with the right advice, you can shorten the time to success, and avoid the pitfalls most people make.

Fellow Traders are geared to shortening the learning curve, with practical advice along with access to systems that have proven successful. The site consists of three basic functions :-

• Education via free or cheap E-Books.
• Recommended Trading system reviews.
• A newsletter covering newly discovered systems.

The site has been simplified to a single page containing all of the information you will need to decide which markets to trade, what time frame to Trade, as well as what systems are suited to your chosen market and where to get them.

What do I need to learn First ?

The first things you need to know as a new Trader are :-

• How often can I be expected to Make money ?
• How much Money do I need to get Started ?
• What do I Trade?
• When do I Trade ?
• What process do I Trade ?
• How do I place a Trade ?
• What safe guards do I use ?
• System Trading.

To learn all about the above, Fellow Traders have gathered together a set of E-Books that cover more than just the basics. Some are free, some are not. These are listed below, with either download links (if they are free), or a site link if they are not. Fellow Traders suggest that you download and purchase the lot. A small investment at this time, will reap huge rewards once you start risking your own money on actual Trading.

Trading is just like any other business, when you are starting out, you need to invest in the tools that will help shape your business, and eventually make you Money. If you assume that everything to do with Trading the markets can be gathered free, you will FAIL ... !

Don't rush to start Trading. The markets will always be there.

So, lets look at a collection of educational material that will help you answer the above :-

E-Books to get you started :-

Mantra Written by Douglas E. Zalesky, this ebook covers the mental attitude you need to succeed at Day Trading. Written in a simple but profound style, the Mantra covers the need for discipline and patience. Most of the rules described can be attributed to any trading style or time frame. This e-book is free to download you just need to subscribe to the Fellow Traders newsletter by providing a valid Name and email address to receive download instructions.

Money Management Written by Bennet A. McDowell, this free PDF report covers the simple truths about how important money management is (ie how much to risk on each Trade) as well as giving true insight into how to calculate how much to risk on each Trade. This e-book also covers what mental attitude to adopt to succeed too. Between this and the Mantra above, you will see a pattern immerging. This pattern is what is required to succeed at Trading your own money. This e-book is free to download you just need to subscribe to the Fellow Traders newsletter by providing a valid Name and email address to receive download instructions.

The quickest way to make money Trading the Markets

Written by Peter Parsons, this E-Book covers the basics of Trading, and leads the reader through which markets to Trade and why, as well as how to choose a broker, and finally talks about algorithmic Trading systems, and why they are so useful to beginners.

This e-book is free to download you just need to subscribe to the Fellow Traders newsletter by providing a valid Name and email address to receive download instructions.