one Advice can Make You Rich: read this and take this

Here I share with you a critical piece of forex education and it is something you would be wise to study, because it will lead you to currency trading success - if you learn and digest.

I'm covering an experiment that took place in 1983 and the experiment was done to prove that anyone can quickly learn to trade and make big forex profits.

Richard Dennis was a legendary trader, who seek to prove someone could learn to trade, if they had the right knowledge and attitude. He decided set about trading a group of people who had never traded, to trade in just 14 days.

So what was the outcome of the experiment?

The group went to Dennis 100 million U.S. dollars in just 4 years and some of the most famous traders of all time.

This group was diverse: A female accountant, an actor, a guard and a child were fresh from school just a few of the people in the group - but they all achieved success in 14 days!

So what can you learn from this experiment?

The first lesson is that anyone can be a successful trader, age, sex or education have become an obstacle anyone can do.

Second is the speed with which they did it that struck me just 14 days and this shows that you only need to work smart not hard.

One of the most vital lessons you can learn is that the trading system taught was simple - but the vital thing Dennis knew was - if you have a trading system, you must have the confidence to apply with discipline, otherwise you will fail.

The system was essentially a break-out system and the timeless logic and the methodology will still work today - it is incredible discipline to implement such a system, and Dennis knew this. So he rammed the house, they would have a long periods of losses to address before they hit the big profitable trades and this is something you must learn as part of your forex education.

Forex trading is not just rely on your system it is based on your confidence and your ability to apply it with discipline through losing periods. If you think the discipline is a good feature to acquire think again - its not, that's why 95% of traders lose.

Of course you do, but you need to do your homework and learn, understand and have confidence in what you do - it's as simple as that.

To learn more about the turtle experiment to read, you should read Jack Shwagers excellent book Market Wizards "The path of the turtle" that Curtis Faith (the most successful of the group) outlines everything about the experiment.

These books will not cost much and they are really essential forex education, so get them. The turtle experiment inspired me to start trading many years ago and I've never regretted their success and still inspires me today