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Build Wealth From
Home
Build Wealth From Home
As you sit in traffic, inching along
between irate drivers, you think to yourself, “there must be a
better way.” You get to work, you endure another tirade from an
incompetent boss, and you think, “there must be a better way.” You
work hard, you’re underappreciated, underpaid, and fed up. After all
this, you can barely pay the bills, and haven’t taken a real
vacation in years.
There must be a better way.
Now there is!
You can be your own boss, work from home,
and earn more money than you ever thought possible.
Benefits of Working At Home
Many people have a romantic vision of
working at home, doing chores while making money, working at their
own pace, sipping coffee poolside with laptop nearby. For most
people, that dream will never come true because of unrealistic
expectations and poor planning. But all of the potential benefits of
working at home are in fact possible to achieve, if you choose the
right business and plan properly.
How do you choose the right business?
First, you must avoid a retail business where customers expect you
to be available during normal business hours; it means avoiding a
business that requires stocking or shipping products; and it means
avoiding a business that requires any serious degree of production,
which is usually not practical in a home environment. So what’s
left?
What about a business that requires no
product, no shipping, no customer service, and no regular hours.
Does such a business exist? Yes! It’s called trading futures. Wait!
Don't be intimidated by something you don't know about. Trading
futures is the most profitable skill you can ever master. Trading
futures is the world's fastest way to riches and freedom. This is
one of very few models that meets all the realistic requirements for
a successful home business. And you can trade from home even if you
have absolutely no experience, and don’t even know what trading is,
or what futures means right now. You will soon.
Here are just some of the incredible
benefits of working at home:
- Make more money than you ever thought
possible
- Every penny you earn is
yours
- Why make somebody else rich with your
labor?
- Work from the beaches of Hawaii or a
villa in Europe
- Work your own hours
- No boss
- No commute
- No employees
Where Do I Start?
We will start at the beginning of course!
Like any new subject, at first the ideas might be a little
intimidating. But we will walk you through at a gentle pace. We will
start by explaining the basics of futures, then describe some old
trading systems that brokers recommend but don’t work. We will
reveal the myths and lies on Wall Street that you have to get past
to start really trading successfully. Finally we will lead to the
STARS method of trading futures. STARTS stands for Securely Trading
A Revolving Spread. Right now that will make no sense, but you will
see later how this will change your life.
What the Heck is a Futures
Contract?
To understand what we mean by a futures
contract, let’s meet Trader Bob. Our friend Bob is a buyer, meaning
he wants to purchase a widget today because he believes that the
widget will have more value in the future. If all goes well, Bob
will buy the widget now, wait for the price to go up, then sell the
widget for a small profit in a month. But where can Trader Bob
obtain the widget? It so happens that Trader Sam (a seller) has in
his possession the widget that Trader Bob wants. Trader Sam would
like to sell the widget today because, unlike Trader Bob, he
believes that the widget will have less value in the future than it
does today. Trader Sam is selling today because he believes that he
will make more money now than if he waits to sell in a
month.
So Trader Bob and Trader Sam get together
and agree upon a price for the widget. Trader Bob is now the proud
owner. If the value of the widget indeed increases in the future,
then Trader Bob can become a seller and part with the widget with a
profit. If the value of the item decreases in the future then Trader
Bob will have to sell the widget for a loss.
This basic relationship between buyer and
seller is the foundation for all commerce. Futures are simply a
variation on this theme, where instead of buying a widget now,
Trader Bob contracts to buy the widget in a few months at a fixed
price. The transaction still relies on the buyer believing the price
will go up, and the seller believing the price will go down.
Trading Critters
Futures traders fall into two categories:
hedgers and speculators. The primary economic purpose of the futures
market is for hedging, which is buying or selling futures contracts
to offsets risks of changing prices in the cash markets. Hedge
traders, such as large commercial firms that may actually take
delivery of certain commodities, like coffee or wheat, use futures
contracts to protect (hedge) themselves against changing cash
prices.
Speculators, however, make up the
majority of futures traders. Speculators have no commercial interest
in the underlying commodity and have no interest in taking delivery
of the commodity. The potential for profit is what motivates
speculators to trade commodity futures. Speculators buy when they
believe that prices will increase and they sell when they believe
that prices will fall. Futures traders using STARS would be
considered speculators.
Basic Basics
If a trader is a buyer, he has taken a
long position. A long position involves the purchase of a futures
contracts in the hope that the price of the contract will increase
in the future. Let’s say our friend Trader Bob contracts in March to
buy a widget (a long position) in June for $10. June rolls around,
and the price of a widget is now $13. That means Bob now has the
right to buy the widget for $10 even though the going rate is $13.
Bob goes ahead and buys the widget for $10, then turns around and
immediately sells it for $13, pocketing the difference.
A trader who is a seller takes a short
position, which involves the sale of futures contracts in
anticipation of prices falling in the future. Trader Bob in this
case contracts in June to sell a widget in September for $13. Fall
comes around, and the going rate for widget in September turns out
to be $9. Trader Bob buys a widget for that going rate of $9, then
immediately turns around and exercises his right sell the widget for
$13, profiting from the difference. At first, it might seem odd that
Trader Bob is contracting to sell something he does not yet own. But
look at the situation this way instead: in June, Bob makes a
commitment to sell a widget to Sam in September for a guaranteed
price of $13. If Bob can buy the widget for less than that sometime
before September, he will make a profit.
All of this is made simple and easy in
Trading Futures: Only One Way to Win. Like Bob, you too can make
huge profits by trading the STARS method. Let us show you how to
trade the right way, the only way, and a lifetime of prosperity can
be yours. Just go to www.tradetofreedom.com.
©Copyright 2004. This work is copyright.
You may download, display, print and reproduce this material in
unaltered form only (retaining this notice). All rights are
reserved
Jeff Schweitzer received his Ph.D. from
UCSD in 1985. Jeff was appointed as a science advisor at the White
House under the Bush and Clinton Administrations for three years
before devoting attention to generating wealth through trading
futures. He has published more than 60 articles in diverse areas,
including neurobiology, marine science, international development,
environmental protection and aviation.
Jeff Schweitzer,
Ph.D.
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