=================================== "The Rapid Forex e-Course" --> a 20-part mini-course series Published by: Abundant Freedom, LLC http://www.rapidforex.com===================================To DOWNLOAD the "Insight Trader Package":follow the instructions on the page below:http://rapidforex.com/dlInsightV100.shtmlTo See the e-Course Table of Contents:http://rapidforex.com/ecourse.shtmlLESSON #2:~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Why FOREX trading is quickly becoming oneof the investing world's hottest, mostrewarding opportunities. And, why it's our chosen 'Ideal Business.'~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~As ambitious, hungry, time freedom-driven entrepreneursourselves, before we were introduced to the concept ofTrading-For-a-Living, we had the pleasure of reviewing andseeing IN ACTION hundreds of home busine_ss plans, profit-making ideas, and ways to earn a decent income outside of aJ-O-B.~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~SIDENOTE: while we realize the majority of you reading thisknow J-O-B stands for "Just Over Broke" and that you'llnever become wealthy working one forever; and while weunderstand you're already determined to live your dreams andreach a level of REAL financial independence and Freedom, westill want you to know that it's NOT just all about money --it's about quality of life. It's about time freedom andself-reliance. It's about families. It's about being able tolive a life where you can achieve your recurring daydreams (welive out our dreams daily on the beaches of Hawaii when we'renot engaged in trading)We feel FOREX Trading allows you to live the life you'vealways wanted more so than any other income vehicle. It ,inour opinion, is indeed "The World's Most Lucrative Hom.e_basedBusine_ss"Read on to learn more ...~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~(continued from above the SIDENOTE)But, more than just analyzing ways to make money, we've been a part of quite a few (i.e., Direct Sales, delivery business, Real Estate, marketing consulting, risky investments, etc.).And from meeting with, interviewing, hearing about others inbusiness, studying industries with intensity and/or readingabout all the different "gurus of the moment", we have cometo find a few SIMPLE truths:~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Business Truth #1:Quite often people who have money don't have the time to enjoy it, and those that have the time don't have the money.!~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Well, here's some compelling news for you ...You don't have to sacrifice a LIFE to earn an incrediblyabove-average income!This isn't a pipe dream. It's purely realistic andcompletely optimistic to say that, yes, if you FOCUS onFOREX trading for several months, you CAN bring your lifeinto balance.~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Business Truth #2:Before money is earned...something, somewhere, somehow has to be SOLD. And, if it's not a repeat type (consumable) product or service, as soon as you stop whipping up the sales force your incom.e comes to a screeching halt!~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Listen: "money" is a medium of exchange, nothing more andnothing less. There's no magic way to acquire it. The way tobuild wealth is to exchange a value-oriented product orservice for it.But what if, rather than hiring sales reps (or being oneyourself), a full-time accountant, an attorney,administrative staff, customer service / human resourcepersonnel (in other words, "employees"), you could work byyourself and have access to multiple thousands of"customers" (no need to advertise to them either) who areready and able to BUY from you (or SELL to you) at the dropof a hat?And, wouldn't it be incredibly cool if your business couldjust laugh-off such traditional hindrances as competition,collection problems, changing fads, bad publicity, politicalor social events, etc?Yes, all that and, oops, we almost forgot -- it gets evenbetter...Trade from anywhere. If you like to travel, this is a dreambusiness. Take your laptop with you and you can trade theFOREX and make money anywhere in the world where you have aninternet connection. You can be on the white-sand beaches ofHawaii, or at your kitchen table (we work extensively at bothspots). You have total freedom of location.Can you now see why we call this "The World's Most LucrativeHom.e_based Busine_ss?"~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Business Truth #3:A classic dilemma: for most, you can't get a job(or start a business) without experience(expertise) and you can't get experience(expertise) without a job (or being involved inbusiness)~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~When attempting to make more profit than losses on thefluctuation of exchange rates between major currencies(i.e., Trading the FOREX), nobody is going to ask you for adiploma, a formal license or verify the amount of hoursyou've spent studying the Foreign exchange market andbanking industry.Nope, it just isn't gonna happen!All the training you'll need to get going smoothly isincluded IN and WITH our Rapid Forex Training Courses (and,of course, the rest of this eCourse series willgive you more solid info. than even most books do).----> Now that we've talked some about how FOREX TradingObliterates, like a nuclear explosion, the 3 maindisadvantageous business TRUTHS above .....================================================Let's discuss the many benefits and advantages of FOREX Trading over Stocks & Commodities================================================Here's the HIGHLIGHTS on WHY FOREX is becoming thego-to market for private and institutional traders alike:The Main Benefits of Trading the FX Spot Market:(we'll get into some of the DETAILS after this)- Never a 'Bear' Market!- No Separate commissions! - Low to Zero Transaction Costs / Narrow Dealer Spreads!- A 24-hour Market with Superior Market Liquidity!- It has up to 200:1 Leverage for Margin Trading!- Streaming Executable Prices!- Price Movements Are Highly Predictable!- FOREX Trading is Economical and Start-up Costs are Low!============================Before we get into the DETAILS on the BENEFITS listed above,as a potential RapidForex.com student, trader, and all-around well-educated investor, it is important to know thedifferences between cash FOREX (SPOT FX) and currencyfutures.In currency futures, the contract size is predetermined. With FOREX (SPOT FX), you have more freedom with trade sizes. You can trade with minimal portions of you account up to as many lots of $100,000 USD as you wish. The futures market closes at the end of the business day (similar to the stock market). If important data is released overseas while the U.S.futures markets is closed, the next day's opening might sustainlarge gaps with potential for large losses if the direction ofthe move is against your position. The Spot FOREX market runs continuously on a 24-hour basisfrom 7:00 am New Zealand time Monday morning to 5:00 pm NewYork Time Friday evening. Dealers in every major FX tradingcenter (Sydney, Tokyo, Hong Kong/Singapore, London, Genevaand New York/Toronto) ensure a smooth transition asliquidity migrates from one time zone to the next. Furthermore, currency futures trade in non-USD denominatedcurrency amounts only whereas in spot FOREX, an investor cantrade either in currency denominations, or in the moreconventionally quoted USD amounts. The currency futures pit,even during Regular IMM (International Money Market) hourssuffers from sporadic lulls in liquidity and constant pricegaps. The spot FOREX market offers constant liquidity andmarket depth much more consistently than Futures. With IMMfutures one is limited in the currency pairs he can trade -Most currency futures are traded only versus the USD - Withspot FOREX, you may trade foreign currencies vs. USD or vs.each other on a 'cross' basis as well - ex: EUR/JPY,GBP/JPY, CHF/JPY, EUR/GBP and AUD/NZD (more on what thesemean in Lesson #3 tommorrow)============================More and more savvy investor and entrepreneurs are shunningtraditional financial markets, like stocks, bonds &commodities and building their fortunes in the foreignexchange (FOREX) marketplace.Here are 7 important reasons why:1): FOREX is the largest financial market in the world.With a daily trading volume of over $1.5 trillion, the spotFOREX market can absorb trading sizes that dwarf thecapacity of any other market. In fact, when compared withthe $50 billion daily market for equities or the $30 billionfutures market, it becomes quickly apparent this gives you,and millions of other FOREX traders, almost infinite tradingliquidity and flexibility.2): FOREX is a TRUE 24-hour market.The FOREX Market never sleeps. Trading positions can beentered and exited at any moment - around the globe, aroundthe clock, six days a week. There is no waiting for anopening bell as in the case of trading stocks. It is a 24-hour, continuous electronic (ONLINE) currency exchange thatnever closes. This is very desirable for you if you want totrade on a part-time basis, because you can choose when youwant to trade: morning, noon or night. 3): There is never a Bear Market in FOREX.You can have access to a seamless, mutually-inclusive (two-way) exchange of currencies. Meaning, because currenciestrade in "pairs" (for example, US dollar vs. yen or USdollar vs. Swiss franc), one side of every currency pair(for example, USD/JPY - JPY = YEN) is constantly moving inrelation to the other. Thus, when you buy a particularcurrency, you are actually simultaneously selling the othercurrency in that particular pair. As the market moves, oneof the currencies will increase in value versus the other.Of course, it is up to you to choose the correct currency tobe long or short. Since currency trading always involvesbuying one currency and selling another, there is nostructural bias to the market. This means you have equalpotential to profit in both a rising or falling market. 4): High Leverage - up to 200:1 Leverage.You are permitted to trade foreign currencies on a highlyleveraged basis - up to 200 times your investment with somebrokers. This is primarily attributed to the higher levelsof liquidity within the currency markets. Standard 100,000-unit currency lots can be traded with as little as 1%margin, or $1,000. Mini FX accounts are permitted to tradewith just 0.5% margin -- in other words, just $50 allows youto control a 10,000-unit currency position. Futures traders,who are accustomed to margin requirements generally equal to5%-8% of the contract value, will immediately recognize thatthe FOREX market provides much greater leverage, and forstock traders, who must post at least 50% margin, there's nocomparison. If you're looking for an efficient use oftrading capital, this is it!5): Price Movements Are Highly Predictable.Although currency prices in the FX market may be volatile,they generally repeat themselves in relatively predictablecycles, creating trends. The strong trends that foreigncurrencies develop are a significant advantage for traderswho use the "technical" methods and strategies we teach atRapidForex.com. Unlike stocks, currencies rarely spend much time in tighttrading ranges and have the tendency to develop strongtrends. Over 80% of volume is speculative in nature and, asa result, the market frequently overshoots and then correctsitself. As a technically-trained trader, you can easilyidentify new trends and breakouts, which provide formultiple opportunities to enter and exit positions.6:) Commission-free Trading and Low Transaction CostWhen you trade FOREX, through one of our recommended brokers(this info is in our private resources section), you'll doit totally commission-free! These brokers don't chargecommissions to trade or to maintain an account, and thatgoes for all clients trading the FOREX through them,regardless of your account balance or trading volume. EvenMini FX traders can buy and sell currencies online,commission-free. This is worth repeating: No FX commissions! What about trading fees? There are none of the usual fees towhich futures and equity traders are accustomed -- noexchange or clearing fees, no N_F_A or S_E_C fees. Becausecurrencies trade over-the-counter (OTC), via a globalelectronic network -- in FOREX, what you see is what youget, allowing you to make quick decisions on your tradeswithout having to worry or account for fees that may affectyour profit/loss or slippage. In the equities markets, you must pay both a commission andexchange fees. The over-the-counter structure of the FXmarket eliminates exchange and clearing fees, which in turnlowers transaction costs. So, if FOREX brokers don't charge commissions, how do theymake money? Like all traded financial products, over-the-counter currency trading involves a bid/ask spread, whichrepresents the prices at which your counterparty is willingto trade. Because the currency market offers round-the-clockliquidity, you receive tight, competitive spreads bothintra-day and night. Stock traders can be more vulnerable toliquidity risk and typically receive wider trading spreads,especially during after-hours trading. 7): Instantaneous Order Execution and Market Transparency.Market transparency is highly desired in any tradingenvironment. The greater the market transparency, the moreefficient the market becomes. Unlike other markets wheretransparency is compromised (like in the Enron scandal),FOREX markets are highly transparent (i.e., analyzingcountries, and having access to real-time research / news,is easier than for publicly held companies).Because of this transparency, as an FX trader, you will beable to exercise risk management strategies in accordance tothe fundamental and technical indicators we teach atRapidForex.comThe FX market offers the highest level of markettransparency out of all the financial markets. Because ofthis, order execution and fill confirmation usually occur injust 1-2 seconds. Markets that do not offer executableprices and force traders to absorb slippage obviouslycompromise the trader's profit potential considerably.In the forex world, order execution is all-electronic andbecause you'll be trading via an Internet-based platform,instantaneous execution is routine. There are no physicalexchanges, no traditional open-outcry pits, no floor brokers,and consequently, no delays.=================================So, by now, if you haven't caught our FOREX fever -- ourbelief and interest in this market of unlimited profit-making opportunities -- well ... we're just not too surewhat else we can do with you :-)FOREX trading truly is the "World's Most Lucrative Homeba.sed Business" and we invite you to stay-tuned for tomorrow's lesson on *Currency Pairs* - how to read them,calculate profits, recommended pairs to trade, etc.~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Stay Tuned for tomorrow's email from us. It will have the following Subject line: asc, Lesson 3 - The Rapid Forex e-CourseWe will be discussing *Currency Pair Basics*~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Health, Happiness & Prosperity,Robert Borowski & Brian CampbellAbundant Freedom, LLChttp://www.RapidForex.com--------------------------To DOWNLOAD the "Insight Trader Package":follow the instructions on the page below:http://rapidforex.com/dlInsightV100.shtmlInside the "Insight Trader Package" you'll receive:*Forex Freedom*10% to 30% Monthly R.O.I.To See the e-Course Table of Contents:http://rapidforex.com/ecourse.shtml-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= "The Rapid Forex e-Course" is published by: Abundant Freedom LLC Visit us at http://RapidForex.comThis publication may be fre_ely redistributed ifcopied in its entirety, as long as you do not claimownership, or alter the content in any way.Copyright (c) 2004-5 Abundant Freedom LLC.The information in this e-Course is provided foreducational purposes only. This information isofferred as-is, with no warranty of any kind. WhileAbundant Freedom LLC, and the author of this e-Coursehave taken reasonable measure to assure the accuracyof this information, the information is not guaranteedto be accurate, and is subject to change at any time,without notice.-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=Abundant Freedom LLC758 Kapahulu Ave #335HonoluluHawaii 96816United States