One of the things that I appreciate about trading FX is the fact that it provides a potential path out of what I consider a very bad situation.
It seems to me that everyone younger than 35 pretty much has gotten the short end of the stick. I don't care what anyone wants to say about job statistics. It may be the case that there is a Wal-Mart expanding at an explosive pace but God help you if you need to rely on a Wal-Mart level of pay.
The bottom line is that there are not enough jobs anymore that can pay someone at a level where you can support a family at a middle-class level on one income alone anymore. For me and mine...I consider having my wife at home with the kids to be something of inestimable value and so the only type of "jobs" that matter to me are the kind that allow one to bring home a descent paycheck so the family can both keep the bills paid and save for a rainy day without damaging the family metric by requiring the second income.
Such jobs are as rare as hens teeth these days.
The result is that it feels like the good times are gone for the average person in my generation. My parents had it pretty good. Dad was a senior programmer at Compuware when things got bad in 2008 and he's still a senior programmer there. No change for him. It's not so easy for a new person to find a job though because a lot of qualified people in my dad's generation DID lose their jobs and are willing to take a pay cut to find a new one. That means that employers can pick and choose people who have good levels of experience and pay them less instead of hiring someone new and growing them from the ground up....as was the case with my father.
It's my belief that most likely the ingenuity of the human spirit will adapt to the current situation so that in time (10 to 20 year) things will be better. The result, though, is that for most people born between 1980 and 2000, things are pretty much going to suck. Their parents are going to have had it pretty good and their children will benefit from their efforts to right the current unsatisfactory state if affaurs...but those trapped in the middle are by and large, left out in the cold.
Trading FX allows for the possibility of eliminating this situation on a case-by-case basis. One need only have a good system and the mental discipline to trade it exactly as planned in both good times and bad and you stand a good chance of being able to change the course of your life regardless of the fact that the deck is stacked against you. Even if you have very little to invest....as long as your system is profitable you can put it up on places like ZuluTrade and get paid for your own trading efforts. You can then take the ZuluTrade income and use it to fund your own account. This transforms trading into a very viable option even for those who initially have very limited access to funds for investing.
It seems to me that this endeavor could be the light at the end of the tunnel for many who are stuck in a place and time where opportunites for success are available at a lower rate than they were for the previous generation.
It seems to me that everyone younger than 35 pretty much has gotten the short end of the stick. I don't care what anyone wants to say about job statistics. It may be the case that there is a Wal-Mart expanding at an explosive pace but God help you if you need to rely on a Wal-Mart level of pay.
The bottom line is that there are not enough jobs anymore that can pay someone at a level where you can support a family at a middle-class level on one income alone anymore. For me and mine...I consider having my wife at home with the kids to be something of inestimable value and so the only type of "jobs" that matter to me are the kind that allow one to bring home a descent paycheck so the family can both keep the bills paid and save for a rainy day without damaging the family metric by requiring the second income.
Such jobs are as rare as hens teeth these days.
The result is that it feels like the good times are gone for the average person in my generation. My parents had it pretty good. Dad was a senior programmer at Compuware when things got bad in 2008 and he's still a senior programmer there. No change for him. It's not so easy for a new person to find a job though because a lot of qualified people in my dad's generation DID lose their jobs and are willing to take a pay cut to find a new one. That means that employers can pick and choose people who have good levels of experience and pay them less instead of hiring someone new and growing them from the ground up....as was the case with my father.
It's my belief that most likely the ingenuity of the human spirit will adapt to the current situation so that in time (10 to 20 year) things will be better. The result, though, is that for most people born between 1980 and 2000, things are pretty much going to suck. Their parents are going to have had it pretty good and their children will benefit from their efforts to right the current unsatisfactory state if affaurs...but those trapped in the middle are by and large, left out in the cold.
Trading FX allows for the possibility of eliminating this situation on a case-by-case basis. One need only have a good system and the mental discipline to trade it exactly as planned in both good times and bad and you stand a good chance of being able to change the course of your life regardless of the fact that the deck is stacked against you. Even if you have very little to invest....as long as your system is profitable you can put it up on places like ZuluTrade and get paid for your own trading efforts. You can then take the ZuluTrade income and use it to fund your own account. This transforms trading into a very viable option even for those who initially have very limited access to funds for investing.
It seems to me that this endeavor could be the light at the end of the tunnel for many who are stuck in a place and time where opportunites for success are available at a lower rate than they were for the previous generation.
