Jacko's Words of Wisdom
Why do I trade Forex?
Because I am ABSOLUTELY CONVINCED that this is the best "business" in the world.
There are:
● no rent of offices (that is, NO dealing with Realtors, Lawyers, and government
departments...man, what a pain in the ass). Also no office fit-out costs
● no staff, (man, unless you have had large numbers of staff depending on YOU for their
paypacket each week, you cannot know what a huge pain in the ass it is. They ALL want you to
solve their problems)
● No inventory or stock to buy. No shrinkage (theft of stock) and no "slow moving" items. No
massive amount of funds tied up in inventory
● You can "borrow" as much as you want (by increasing your leverage), WHENEVER you want.
(Try running a big business and going to the bank for a short term loan for $10 mill...it will take
a month minimum). I am trading $10-12 mill all the time and I get it instantly through the
brokers by the use of leverage.
● If the business becomes a hassle for whatever reason, you can shut it down (that is, close all
positions) instantly...and re-open (initiate new positions) whenever YOU want to re-open your
"business."
● You can "scale" your business to whatever size YOU want simply by increasing/decreasing
your positions.
● Absolutely minimal paperwork. Simply send your 12 month summary Profit and Loss
Statement to your Financial Accountant for tax payment purposes.
● You can trade from anywhere in the world. My wife and I travel most of the year. (take your
laptop or PDA or whatever else they will come up with and trade while sipping a nice drink as
close by as your local cafe or as far as some open air cafe in some remote little town in beautiful
Italy while you watch a bocce match at the park.)
I could keep telling you more of the benefits of this business, but suffice to say...this is the best
"business" in the world. I run a multi-multimillion dollar business from my laptop.
And did I mention that it was exciting and fun????
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