Hi, welcome to my blog.
My name is Anthony Franks and I am happily married to Joanne Franks.
I left school in 1990 and then went onto technical college and trained to be an electrician. I have for the most part enjoyed my chosen career but my burning ambition has always taken me in the direction of finding financial independence.
Whilst working as a self employed electrician, I have also spent the last 16 years renovating property to either sell on or to rent out. More recently I lived for a short time in Spain where I owned and ran a small shop and Internet business. I can honestly say I have had moderate success with all my work and business ventures.
However, little did I know that the credit crunch had begun, the official period quoted by
BBC News was 9th August 2007. By the summer of 2009 the economy's breaks were fully on and much of business was grinding to a halt.
This was a shock to the system and left me wondering where my future was heading. I had concluded everything that I personally was involved in was very dependent on a good thriving economy. This is where the search began and I was attracted to the business of Forex.
What is Forex Trading -
The Foreign Exchange Market, simply a place where the worlds currency is traded in pairs. One currency versus another, 24 hours a day, 6 days a week, where profit and loss is guaranteed in all economic circumstances.
WHY THE FOREX BUSINESS???
The business can be fun, entertaining, thrilling, rewarding and challenging. The business also has the advantage of huge financial gains in a short space of time. You can spend as little or as much time as you like trading. You can be making a profit while asleep, on holiday or out playing golf. You can trade from anywhere in the world, even by your mobile telephone. You can be a Forex Trader until late on in your life and live anywhere in the world.
Financial independence is a real objective. No staff, expensive overheads, leases on premises, materials or stock are required. The transactional costs are low, leverage is high and last but not least the chance to give up the day job.
The aim of my blog over the next couple of months is to revisit all of the mistakes I have made, which are common to new traders. This will reinforce the good habits I have now learnt and help with the transition to profitability. Then progressing with my trading plan and a journal of trades taken plus much much more..
Discipline and conscious control over emotional state are the 2 factors that determine Forex Winners or Losers
