Had my attention on this article and found it quite insightful. I hope you find it somewhat helpful, too.
18 Reasons Why Forex Trader Is The Best Job Ever
18 Reasons Why Forex Trader Is The Best Job Ever
- Your background doesn't matter. It doesn't matter what you were doing before you learn to trade Forex. All that matters is your ability to consistently extract money from the markets. Trading is one place where rewards are still based on merit, not politics.
- Choose where in the world you live and work. You can’t exactly work anywhere, but you can do it in places where there is a reliable internet connection. See amazing places and be exposed to different cultures. It certainly beats a cubicle.
- Lower start-up cost than almost any other trading market. Other markets such as the futures market require at least $25,000 to be properly capitalized. In Forex, you can get started safely with as little as $100 and by trading nano lots. Nano lots allow you to take very small amounts of risk (1% or less), even with such a small account size.
- Trading is a journey of self discovery. Many people think that trading is only about money and greed. Sure, there is definitely some of that. But in my opinion, it is one of the greatest journeys to self discovery that the average person can participate in. Money can bring out the worst in people and learning how to tame these demons can help you to become a better trader and a better person.
- Answer to nobody but yourself. Doesn't it suck to have to take orders all day? Learn to trade well and that all goes away. Trading for yourself requires more responsibility, but the rewards are also greater.
- Find like minded people. Do you wish that you knew people who think like you and are interested in trading too? I have found that traders share many of same interests that I have, outside of trading. Traders can be a little hard to find, but they are some of the coolest people I have ever met.
- Create a living that suits your personality. If you prefer to trade on a longer time frame, there are profitable trading strategies for that. Do you prefer day trading? There are certainly successful day traders also. You can tailor your trading strategy to your strengths and interests. How many jobs allow you to do that?
- Express your creativity. Contrary to what many people believe, trading can be a very creative endeavor. Figuring out profitable trading strategies requires a great deal of ingenuity. If you like solving puzzles, trading can provide an outlet for you to use your mind to its full potential. You probably can’t say that about what you are doing for a living right now.
- Learn while you keep your day job. Since you have more flexibility in when you trade, you don’t have to give up your day job. In fact, you probably shouldn't give it up until you can prove yourself as a trader. This will allow you to pay your bills and focus on learning to trade well. There is no surefire recipe for failure than learning to trade when your back is up against the wall.
- Low overhead. One thing that I hated about investing in real estate was all of the paperwork that was involved. Other businesses have invoices and clients to deal with. There is almost no paperwork and no clients (unless you choose to manage money) in trading. At the end of the year, you can just get a simple profit and loss printout from your broker.
- Be as isolated as you want to be. Maybe you don’t like dealing with people. Great, trading is one of the few businesses that you don’t have to deal with others to make money. It can be just you and the charts, if you want it to be that way.
- Learn about others. Trading is also a tremendously interesting study in crowd psychology. This is actually one of the reasons that I first got into trading. Learn why people act irrationally and how you can do the opposite.
- There is a low technology requirement. You don’t need the latest and fastest computer to trade Forex. You can get a $300 used computer on eBay, free trading software from your broker and a demo account with play money, and you can learn to trade. Other markets are catching up to Forex in terms of the free tools that are available, but not all of them are there yet.
- Create free time to indulge your true passions. Trading doesn't necessarily have to be your greatest passion in life. You may love to do other things that you may not be able to make a living from. Learning to trade well can give you the free time and income you need to do indulge in these other things.
- Do something for a living that most people have no clue about. When I talk to people about currency trading, I usually start to see their eyes glass over before I can count to five. It’s not that they are dumb, most people just don’t know anything about it. While it would be nice to be the center of conversations, I like being considered a little weird…I mean mysterious.
- Make an impact on the lives of others. Trading allows you the time to give back to causes you believe in. Regardless if you give your money or your time, trading can help you make a difference in the world.
- Make your personal relationships the best they have ever been. More time flexibility gives you the opportunity to spend time with people who are important to you. Life is pretty boring if you cannot share it with others. Use your time to strengthen those relationships.
- Cross off items on your Heroic List. You can actually do this right now, you don’t have to be a successful trader to start doing what you have always wanted to do. But the trading lifestyle sure makes it a lot easier. Create a Heroic List and write down everything you want to do before you die. See my Heroic List here.
Source
http://www.tradingheroes.com/18-reas...best-job-ever/
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
1