Langsung ke konten utama

The Turtles ? A Lesson On How To Make Money Fast



You may never have heard of ?the turtles? but this group of people who had never traded before went onto make $100 million quickly after 14 days training. Read their story and you will find it an inspiration on how to make money fast.

In 1983 trading legend Richard Dennis claimed everything about successful trading could be learned by anyone with a desire and a willingness to learn the right information.



He set about his task by gathering a diverse group OF people together, of all ages and backgrounds which included:

A boy fresh from school, an actor, a security guard, two card players and a female auditor.

He then mentored them for 14 days and set them off to trade.

The result?

They made $100 million for him and went on to become some of the most successful traders of all time proving anyone could trade and anyone could make money fast.

Now the facts are 95% of traders lose so why were this group so spectacularly successful?

Dennis understood that the reason people fail in trading is not that they can?t learn the knowledge anyone can ? but most people simply cannot apply what they have learned and trade with discipline.

He therefore set about giving them a trading method they could understand and have confidence in ? it was simple, so simple in fact that anyone could learn it but he gave them something more ? CONFIDENCE that led to discipline to follow the method.

Trading is essentially simple and a simple method works best ? its easy to understand and easy to apply and has less elements to break than a complicated one in the brutal world of trading.

Trading the Odds

He taught them a method that would get the odds in their favour and combined this with instilling mental discipline and a strict money management system, to keep equity intact and the rest is history.

Could you trade successfully?

The answer is yes.

If you have the desire to work smart and get the right knowledge you can have confidence in then the door to successful trading is open to you to, just as it is to anyone.

The problem with most traders is they think they can follow someone else ? but it?s hard to follow someone else?s method and have confidence in it. Other traders simply learn the wrong knowledge, which gives them no chance of success.

Success comes from within

To have the mindset to trade with discipline is hard and comes from within - that?s why Dennis taught them a simple system, they could see the logic of and have confidence in.

If you can?t apply a method with confidence and discipline, you really have no method at all.

If you want to win at trading you have the opportunity to do so and take charge of your financial future ? sure, it?s a challenge the question is:

Are you up for the challenge?

If you are - then you can do it, you just need to get the right knowledge and mindset to succeed and if you have the desire to be successful, you?re already halfway toward your goal.

Komentar

Popular Posts

Auto Loans No Credit History: You Don?t Need A Credit Check Anymore For A Loan

A bad credit is indeed a hindrance in most areas of life. But that does not mean you stop dreaming and stop living. The more you dream the more you achieve and more are the chances of your improving your credit. Well so you can go ahead and dream about a car too. Now the question arises how to get a car with a bad credit. Well the answer is loans, the auto loans no credit history. This loan does not bother about your credit and gives you loans to buy a car. The lender would know your credit history but that definitely does not stop him from giving you loan. You are given the secured loans due to the bad credit history. The security you are required to pledge would be the car you are buying. The interest rates are also hiked with a bad credit. But then that is a small price you would be paying for a car. You must remember that due to the bad credit, you must pay back your loans on time. The other reason for this is that if you don?t repay on time the lender will have possession o...

A Few Good Tips For Teaching Personal Finance To Your Kids

The world of finance has changed dramatically over the course of recent decades. It wasn't all that long ago that all that a young person really needed was an active savings account and some common sense and they were pretty much OK. Times have really changed though and now each day a persons mailbox is stuffed with glossy come-ons from predatory lenders that only point up the fact that banks are no longer the ?friend? of the consumer. Teaching Personal Finance is Important Today So if it seems that every lending institution is determined to strip their clients bare, where does that leave todays young people who have to face an even more stark future in the world of personal finance? What this all points up to is that the first priority of every parent should be teaching personal finance to their kids no matter how young they are. Shark Infested Waters Where to start though? Have you taken a recent look at todays average credit card contract? Its three pages of fine pri...

A Clear Way To Removing Your Bad Credit and Debt

Unless you live in a rudimentary dwelling on a particularly remote island in North West Scotland and don't have easy access to a hole in the wall (the kind that you remove cash from, not where you bake your bread) then you are more than likely facing some form of debt. Many borrowers find themselves in this situation and have no idea how they can get out of it. Whatever the original reason for the loan the fact of the matter remains, you have to pay it back and there lies the rub Let me tell you it's no fun having arrears on loans as you end up paying double, triple, or even more for your purchased items due to very high interest rates.  It will not only affect your finances but your credit record as well. So it's far better to clear away all the debts in a certain amount of time, usually with the help of debt management program or  is Debt Management? Debt management is an informal process of negotiating with your creditors to make your repayments more manageable....

Auto Loans For Bad Credit Online: Accelerate In Your Own Car

There are now chances for people with a poor credit rating of getting a competitive rate in the car financing. The leading auto buying services and sellers of the United Kingdom are looking forward towards the bad credit segments in the financial market. Every two among five people in the UK has a bad credit record. The bad creditors are turned down by the traditional lenders and the dealers for an auto loan. Auto loans for bad credit online have a very fast and hassle free procedure of application and the financing part is done quickly. If you have a bad credit history and you want to buy a car for you personal or commercial usage, you can take a chance with the specialised online lenders. They are approving funds for the people with a horrible credit score in UK. People having good, fair, bad or no credit histories are eligible for application. There are instances where people with multiple bankruptcies, CCJs, repossessions, delinquencies and with a previous record of writing...

Homeowners Insurance Quotes

What do you like the most about your home - the bright, sun-filled kitchen, the shiny wood floors or the comfortable bedrooms? Or is it the fact that your home probably makes up maybe the biggest part - of your total net worth? Either way, you have to protect what you have, using homeowner's insurance. Although there were reports a few years ago of higher prices and limited availability for homeowners insurance, the market has opened up again, according to J. Robert Hunter, insurance director for the Consumer Federation of America. Premiums are expected to rise by no more than the inflation rate this year, he said. "The market remains a competitive one where homeowners' insurance shoppers can be selective," said Marshall McKnight, a spokesman for the state Department of Banking and Insurance. Here are several ways to save on home insurance: Shop around. While many homeowners believe that all insurance companies charge the same, that's an expensi...
© My Financial Magazine Design by Seo v6