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What If Forex Trading Was Your Daily Job?

  • The ideal job exists.
  • How can you earn money fast.
  • What does trading offer.
  • Where does trading depends on.

Finding the Ideal Job Place

Ideally, it is the job that gives you excitement, can be done from the commodity of your home, offers you opportunities for growth and gets you some good money.

Truth is, we don't get up every day to work for a greater good or to simply follow a passion of ours. We live in a capitalist world, where money can buy you happiness, in the form of financial independence.

 

A Way to Earn Money Fast

I have one thing in mind and that is Forex trading. It is the conversion of one currency into another, one of the most powerful markets that generate not only excitement but a ton of money. To be exact $5 trillion are traded daily. It is run by a global network of banks that are spread across four forex trading centers: London, New York, Tokyo, and Sydney.

Freedom Tower
Freedom Tower in Manhattan.

It has its benefits and disadvantages and traders always try to be updated on them.

 

 

What Forex Trading As a Career Offers?

First of all, it gives you complete control while making a trade. You have the freedom to make all the trades that you wish without anyone forcing you. It gives individual control to make the final decision and the risk you are willing to take.

Most online platforms give their first-time users a Demo Account to use it as a chance to practice Forex trading. There is no risk involved while using this account and the individual can understand for himself whether he wants to further follow it or not.

The trading market allows you to have the flexibility of time. Also, there is no restriction on how much currency you can use. You can take this as a part-time job and work at any time that works best for you.

With 99.99% certainty, you will not lose your money completely. In the worst-case scenario, the currency you have invested in with loss value, but it will never go down to 0. In a way, your investments are safe.

It gives you transparency in information. You do not get blindsided by some sort of information that was not open to you.

It has low costs when comparing to other means of investment.

There is a range of options in forex trading and agreement contracts.

Profitable gains. It gives you the advantage to lever the investments that had been done previously 20-30 times more.

To be a trader is a nonconventional decision for these reasons:

Trading will not give you consistency and predictability. Some people love to stay inside a comfort zone, thinking of building a fortune long-term safely. Some other though, love the thrill trading offers, and would not have it any other way.

Trading will give you flexibility over your working hours; chances are that a full-time job won't. When you hear something too good to be true, it probably is. Yes, it will give you flexibility but the trading market works 24/7, it does not mean that you also have to work 24/7. The currencies change any minute, state to state, and this translates into profits.

If you are engaged full time on it, with a fixed schedule with a personal schedule, you are the one who chooses when it is time for work and when it is time to play. A cliche but the truth: work hard play harder! You choose when.

If you consider forex trading as your full-time career, keep in mind it can be very profitable while being on your own. Yes it requires a lot of energy, yes it is draining, this is why you need to be disciplined to function regularly.

Trading will always have that risk factor; there is the unreliability of the price and the rate of the currency which leads to two extremes that can give higher profit or a huge loss. A full-time job does not have that risk factor that will keep you up at night. But this is exactly where you escape the boredom of the 9-5 routine of every other job.

Financial Freedom
Financial Freedom wooden sign at the beach.

In FOREX trading too much depends on external factors that are consistently changing.

You will never be as prepared for trading as you might be for a full-time job for which you have studied, read about and tried to experience. There are ladders to climb up trying to be successful in conventional jobs, you know what to do and what footsteps to follow to meet your goals. On the other hand, the success stories about Forex trading are about people who will never tell how they got there; you just have to find it out for yourself.