The word ‘Independent’, or ‘financially independent’, is KEY here my fellow traders!
Like most folks, the thought of low-paying government pensions, working in your seventies and, just, well, working in general, usually brings a sour taste to one’s mouth. A lot of people are often left thinking that there must be more to life than this! As a matter of a fact, according to the Telegraph UK, most people at work are miserable. Shocker!
Becoming financially independent is what most traders, and most people for that matter, strive for, hence the reason so many try their hand at trading. This is a business which requires no formal qualifications (assuming you’re entering at retail level), can provide one an income, a pension and for some, millionaire status. There truly is no comparison!
Nevertheless, trading the forex market is not all sunshine and roses. There are downsides to this business which is also something we’ll look to explore. But first, let’s look at why becoming an independent forex trader is appealing…
The idea of earning money while essentially not selling anything, having no boss, no clients to be worried about and no schedule, is extremely appealing.
Some take trading a step further and use the flexibility this wonderful business gives to travel the world like this young chap does here Forex Trading Nomad. Living by your own rules and not on someone else’s schedule is, in our humble opinion, the epitome of TRUE independence.
Learning how to handle one’s finances is unfortunately not taught during school years, so It is no wonder so many are in debt right now. Educating others how to effectively trade their way to a better lifestyle and create a future that no job could ever do is a feeling that’d stay with you forever. No amount of money can compare. You’ve essentially handed over keys to a more sustainable brighter future.
This is the ‘biggy’. How many times have you heard friends, relatives or colleagues say they wish they could spend more time with their family/children. Our guess is a lot! Let’s be honest, society today is stressful. Rushing is the norm! Rush to get the kids to school, rush to get their dinner ready – life is just one big RUSH!
Becoming an independent forex trader is effectively a lifestyle. You set the rules/time by which you trade. Spending the best part of the weekday stuck in a prison-like office or at a dusty construction site surrounded by people you have little to no emotional connection with obviously limits your time you spend with family. This is especially true for people with children. Being there for them, especially when they’re growing up, is something a lot of parents wish they could do.
Trading requires no psychical effort. There’s no lifting, no pushing (unless you consider ‘clicking a mouse button’ physical) and certainly no pulling. As long as you’re well-balanced, have your vision and are able to move your arms/fingers, trading is something that can be done until the day you depart this mortal curl. What other job can honestly offer that, not many!
IC Markets is revolutionizing on-line forex trading; on-line traders are now able to gain access to pricing and liquidity previously only available to investment banks and high net worth individuals.