Working from Home – Financial Trading By Sylvia Marshall
Over the years I have helped many people start their own business and yes, it is scary, it is hard work but the resounding response is that it is very much worth it.
Such businesses have covered just about every industry you can think of but I’ve learned that the ‘golden rules’ of success are universal. Indeed, they are how I have started each and every business that I have grown from zero to a million. I’ve set out these rules in my book ’Zero To A Million’ and perhaps the most important of all is don’t spend money! To that end, if you’re a Member here and starting out, drop me a message at zerotoamillionclub.com and I’ll send you a copy for free!
As you develop your business ideas, an ideal starting point is something that doesn’t have huge start up costs, such that your biggest investment is your time and effort. Even better is if you can start this alongside your day job until you can rely on an income stream from your new business. Obviously this doesn’t fit every business but it’s something to think about.
One such part-time activity that is infinitely scalable is financial trading. Back in the 1990s it became possible for individuals to trade the financial markets for the first time. The development of the web and increasing popularity has led to reduced costs and the ability to trade online.
What I have said to countless people is that, if I can, you can too. Trading is no exception. It is a great way to supplement your income and grow it to be a full time career. It is not a route to instant riches, as many would have you believe. However, by keeping things simple and being realistic in your goals, you can build a valuable income stream. In many ways, trading is simply another way of running a business but, with many advantages. Just think! No employees, no set hours, no rent, no overheads, no bank loans, very little equipment needed and no customers!
So, let’s look at what you need to do this. Firstly, you will need a computer which you probably have already. Next, you need a trading platform and live data which your broker will provide and last but not least an education and the tools that will show you how to trade the markets successfully
There are many firms out there where you can learn to trade but choose carefully, remembering that it is not a get rich quick scheme as many claim. Some key questions in selecting your education provider are:
· Do they successfully trade the same strategies as you are taught?
· Do you have to lease software in order to trade these strategies?
· Do you have to trade with a specified broker?
· Do they provide you with a fully funded account while you learn?
Sadly, our students tell us of experiences with providers where this is not the case. Maybe the strategies are not fully revealed or in order to trade you have to lease expensive software or trade with a specified broker both of which may be providing huge commissions to the firm. When we set up the zerotoamillionclub.com, we knew we wanted to do things differently and our success is quite simply based on the success of those we teach. Equally, we know our strategies work and so happily allow students to trade with our money while they learn! To put it simply, we put our money where our mouth is!
If you would like to know more about running a trading business or have any questions about anything in this article, please do get in touch.