Personal Empowerment Creates A Better Future For All

I do not have a very typical approach to how I view the world, mental illness, and making my way through it. A significant departure is the quest for reducing stigma and encouraging a better social understanding. I don’t think it really matters nearly as much as is stated. There are so many people struggling for equality and understanding for several different reasons. Yet, when I look back through history, I have yet to find a single time period when that was actually a reality. I don’t think it is a reasonable, feasible goal. That is why a lot of my content, words, and ideas are focused around the individual. Elevating individuals who live with mental illness seems like it will be a more effective tactic.

For the past couple of years, I have been working as an internet marketer. I write content for business’s that are trying to get found on the internet. I have used many of those skills that I developed and learned from those marketers to bring you this website and blog. In the course of my work, I came to work for a man in the United Kingdom who was involved in marketing “forex” websites. Forex is short for foreign exchange, as in the foreign exchange currency market. It is the worldwide market where businesses, banks, individuals, and governments all go to change money to purchase what they need from international markets.

There is an entire industry of traders that make profit off of the differential in prices of currency. For example, if you look at the EURUSD (Euro/United States Dollar) pair, each Euro may be worth 1.2 dollars. I buy one Euro at $1.20 and the value of the Euro rises to $1.34. I then close my position. I have just made .14 cents of profit.

As I came to learn more about forex I realized what a huge opportunity it was for the mentally ill, the poor, and senior citizens trying to live off of nothing. A particular discipline within forex is known as technical trading. In technical trading, you analyze charts to look for patterns to spot high probability opportunities for a profitable trade. The pair might be in a clear uptrend or downtrend. The predictability is what technical forex traders use to make money.

Looking at the above example, 14 cents is nothing to write home about really. That is where the forex market differs from traditional investing. Currency is the most liquid asset in the world. Because of that, forex brokers (the people you make trades through) offer a high degree of leverage. At present I trade at a 50:1 leverage. For every 1 of my dollars, I am allowed to use up to 50 of theirs to trade with. So I can take 200 dollars and trade up to 10,000 dollars with it; with all the risks and rewards that come with that higher amount.

The forex market is open 5 days a week, 24 hours a day; which makes it perfect for people like me who can’t function well in a 9 to 5 traditional role. A trading plan with clear directions, how to profit and minimize losses, and the system a person uses for analysis provides a concrete reminder of the method we adhere to for profitability.

A large number of people do not look at investing or gambling in a way that is profitable. If you are playing blackjack and your goal is to get 21; you’re not going to ask for another card if you are sitting on 20. Why? The chances of you pulling an Ace from the deck are much, much lower than the dealer getting anything other than a 20 or a 21 to beat you. Will you always win? No. However, the cards totaling 20 have a much higher probability of being a winning hand for you than say a total of 7. If you get a 3 and a 4, you’re going to have to get at least two other appropriately numbered cards to be competitive. So you play on the 20 and withdraw on the 7 – maximizing potential gain while minimizing losses.

All of that comes back to my original point. You don’t need a college degree, to be good at math, or have a lot of money to make a reasonable profit on the forex market. A person simply needs to develop the understanding of what they are looking at and why they are doing what they are doing. I have spent the last several months teaching myself how with a minor amount of success.

My end-game goal is to take that which I have learned and turn it into a very easy to understand system that anyone can use. Through it, I want to enable individual elevation so that those people can create a better place for themselves and others in the world.

Why? Regardless of whether an adversary understands mental illness or not; that person will understand money. Money is power. If we are a bunch of paupers, how are we supposed to make any meaningful gains against political entities and insurance companies?

Striving for social understanding is all well and good, but what good is it if the policy makers can still just give us a pat on the head and send us on our way with empty promises? You know, exactly the same thing they do with women, minorities, the poor, disabled veterans, and everyone else whose rights are trampled on a constant basis.


Subscribe to have blog posts and news delivered straight to your Inbox!

This entry was posted in General and tagged , , , , . Bookmark the permalink.

2 Responses to Personal Empowerment Creates A Better Future For All

  1. This is awesome Dennis! I’m going to have to look into this. I can’t say I have much to play with but it may be worth a try. It is so true that so many of us are struggling to get by. This is a wonderful post and you explained it so well. I was just having a heated discussion with my father about how I’m going to financially be able to support myself and this may just be the key I need to get him to shut up! Thank you so much for writing it all out in terms I can understand.

  2. Grimm says:

    The reason it is so appealing, and that I think it will work well for so many people, is that it doesn’t require a lot of money to actually make money with. It’s a very disproportionate reward versus the risk provided the person can manage the self-discipline to stick to their plan. Which is what I’m finding to the most challenging really.

    For example, when I trade I generally do not put more than 250 dollars out at one time. The maximum that I risk per trade is approximately 20 dollars. My goal is to take 40 dollars per trade. So, if I make 5 good trades per week, I’m earning 800 a month with just my 250 dollars. Of course, this is a “perfect” scenario and it won’t always work out that way.

    But – that’s what “Risk Management” is all about. As long as I’m making more good trades than bad trades, I’ll always come out ahead because the most I’ll ever lose on a trade is 20.

    In the past four weeks I’ve managed 3 positive weeks. But I’m still new to this so I’ve made some rookie mistakes that I really shouldn’t have. A person can start off with a small amount and increase their risk and reward as they gain a better understanding of what they are looking for.

    Glad you enjoyed the post! I’m sure I’ll announce when I’m ready to put my interpretation out there.

Leave a Reply to Grimm Cancel reply

Your email address will not be published. Required fields are marked *