Let’s be honest, trading can be frustrating at times. Even professional traders sometimes go through months where they are just losing capital, so don’t be hard on yourself. I think it is good to remind ourselves sometimes why we do this. A little positive thinking and a fresh focus on the reasons why we are all interested in trading can be a very powerful tool that helps us refocus on what it takes to succeed. It is also good to remember why we do this, because sometimes, in the midst of the inevitable risk of getting lost, this is exactly what we need to hear.
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Countless articles and videos on the web about “business problems” and “why business is hard” can be quite discouraging after a while. Yes, business is hard, we all know that now. But everything else in life is valuable, and the ultimate goal is to become a profitable trader.
1. The most obvious reason: financial freedom
The term “financial freedom” means spending enough money to eliminate the worry of paying bills and other everyday problems, it means real freedom. Just thinking about being able to earn enough money to live comfortably from anywhere in the world, all you need is a computer and the Internet, is a powerful and motivating thought.
Being a successful trader not only means that you can make a lot of money, but most importantly, it means that you have real freedom and you really can’t set the price.
2. Traders are secretive people!
Traders are people who are looking for a way out. A way out of the “matrix” which is modern work and modern captivity 9 to 5. Who wants to spend most of his life working for someone else to make more money? This is the mindset of a trader. He sees the world as what it really is, not some of the myths that society wants them to believe.
So for the trader, you have to have a mindset that is different from the ordinary masses of society. You are a “lone wolf” who confronts the mentality of the world and does not think about others. Many people refer to trading as “very risky” or something that only an “elite” group of people can do. These are masses of “sheep” who are happy to live in “modern captivity”. However, you want to be a trader, which means that you have the mentality of a scumbag (!) Who does not accept the status quo that society has to offer.
3. Flexibility
The flexibility you get from being a trader is awesome. If you want to visit relatives or go on vacation, you do not have to worry about taking leave from the boss. You can set your schedule, where you want to travel and what you want to do. For me, planning is one of the best parts about a trader, regardless of whether or not you have to live by someone else’s rules and regulations.
4. Time for family
If you are married, trading allows you to spend more time with them. Especially when your children are young and need more of their parents’ presence at home. Spending 8 or 10 hours a day at work can cause you to lose at least half of your child’s childhood as he or she grows up. You really can not spend more time with your family. Being a trader at home allows you to have this time.
5. You understand the world better
The trader helps you understand the differences between different economic powers around the world. I always wonder how many people are aware of the exchange rates and relative strengths of different countries. As a currency trader, you focus on pricing different types of currency pairs, and this helps you to understand the world more intimately and clearly than other non-traders. For example, if you want to travel to another country, you probably already know the exchange rate difference between that country and your own country, while most people have no idea.
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