Commodities Market: Trading in commodities market has its origins dating back to the sumerans (known as cradle of civilization c. 6000 BC) trading in their sheeps. Now this market is estimated with a valuation in excess of 9 trillion US Dollars consisting of all commodities. In particular precious metals, energy and industrial metal contracts are in spotlight. Joe Ross, Larry Williams, Ken Roberts are some of the Top Gurus in this field.
Future Markets: Origins of Future market date to 1710 in Japans Rice Market. Now the value of Futures traded worldwide is more than 1.5 trillion US Dollars per day. Richard Dennis and Jake Bernstein are considered Top Gurus in this field. Futures market is the largest liquid market in the world with corporations, major banks, financial institutions and government trading in them including the individual speculator.
Forex markets started in 1970’s when countries changed to floating exchange rates from fixed rates. The floating exchange currency rates are affected by economic factors, market sentiment and political decisions. Average daily turnover of this market is close to 4 Trillion US Dollars worldwide. Jim Rogers, George Soros, American citizen of Hungarian descent are considered top gurus in this field. According to Soros: “If you were smart in 1807 you moved to London, if you were smart in 1907 you moved to New York, if you are smart in 2007 you move to Asia”.
Quantum fund founded by Jim Rogers and George Soros with shares held privately by leading families in Europe, was responsible for bringing down Bank of England in 1992.
Stock Markets: Origins date to 12th century France agricultural markets. Nasdaq is active since 1792. Value of current stock exchange market worldwide is more than 35 trillion dollars. Net worth of Warren Buffet - 35 Billion Dollars, Steve Cohen – 6.8 Billion Dollars, John Templeton – 700 Million Dollars, Peter Lynch – 350 Million Dollars.
Interested people can use this stream for making residual income to start with and then advance further through proper disciplined approach and guidance.
It is better if the guidance is provided not by theorists but by people who have learnt and practiced as successful traders in a professional way, cutting out the high emotions associated while trading.
These guys have quality experience behind them to train an interested candidate from beginner novice level to master trader with the right tools and training. Could be one of the very few industries wherein individual effort is rewarded with surplus multifold returns.
Find out more: http://www.tinyurl.com/tradelikeagenius
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