Richard Branson made his first million at the age of 23. Now, the "Virgin Group" founder and the director is worth $5.1 billion. But when it comes to determining success, the business magnate states money has nothing to do with it.
Branson isn’t the only billionaire whose sense of success has nothing to do with capital. Take Warren Buffett, the third richest man in the world, who marks success by how many people love him. “When you get to my age, you'll measure your success in life by how many of the people you want to have love you actually do love you” – Buffett's famous quote.
Many view age as a barrier when it comes to seeking their dreams and often applies it as an excuse. I’m too young to do this. I’m too old to do that. I don’t have enough knowledge. I need to wait for more. It’s too late for me in life. Whichever side you’re on, the one clear thing is that when it comes to success and seeking our goals age is constantly a factor.
Truth is you are never too young or too old to chase your dreams.
Some of the most successful people have achieved their greatest successes later in life. Don’t persuade yourself out of your dreams just because they have not shown in the way you dreamed them to or in the time frame. Everything happens when it is supposed to. Trust yourself, trust your skills, and know that if you believe in yourself your goals will come true no matter your age.
Yes! You can start Forex trading online NOW! It is obvious with everything going on, that we are part of the online generation. Trading can be a good option for people who don't want to take on a conventional job.
And that person, could be even an 18-year-old.
If you are that age now that you are reading this article, don’t forget to start up with realistic expectations. Speaking from my experience, you need to do it properly and treat it like a profession. Learn as much as you can! Then follow up with practice. There is no other way you will understand position sizing and risk management. Start with simple training.
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Striving to make 1% a day - it's a pretty energetic target, and will push you to think outside the box and improve creative entrances.
You can't make a living with a $100 account. Even if you produce huge returns. If the profitability and risk portrait are good, in no time, someone in your family will finance in you and further support you.
After you get some real reinforcement behind yourself, seek for more knowledge.
Find an instructor that knows and explains risk accurately. Risk management is a fundamental skill of trading online. It’s very dangerous to join just any online trading site, where you can end up seeing the negative side of investing. In many countries you have to be 18 years of age to join a live trading account.
Start with mastering the basics of trading online. After you have that strong grip over terms and mechanics of how the market operates you can begin demo trading.
When you feel confident enough after trading demo and can perform trades well, you can start a live micro account trading 10 cents a pip and feel the live trading.
Trading live is where the real trader education starts. That is when the emotions of venturing real money start to influence your trading results.
Trading Forex can be fun if you appreciate the challenge of it. At times it is frustrating. The more time and energy you invest in learning and developing yourself as a trader, the fastest you will become successful.