Trading is not just a way to make a bunch of money. It is also a way to look different on the whole economic situation of the world as well as analyze your own ways to make money. To put it short – trading is a tool to change your whole view of life.
What can you learn by switching to trading as your primary source of income?
1. Machines rule the world.
2. Trading is riskier than people think.
3. There is no need to overcomplicate it.
4. You feel like you are going mad.
5. You need a lot of patience.
6. You are much more capable than you give yourself credit for.
7. Trading is awesome.
1. Machines rule the world.
We already know it. Even toddlers nowadays can’t spend a day without a tablet or a phone. They play games, watch videos and know how to turn the devices on and unblock them. All of that can be done by a 3-year-old person. How much more evidence do we need – progress has come and it is still developing.
Trading without machinery is impossible to imagine. And trading is one field where progress can be felt instantly – faster transactions, more digital assets, better connections. In our everyday life we might not pay enough attention to it, but as soon as you switch to trading this becomes even more obvious.
2. Trading is riskier than people think.
For most people who are far away from trading it is something akin to a game. You are gambling, possibly gamble all your money away and that is when you are rolling out of it. But what people do not understand is that when you put your whole livelihood on trading it becomes even riskier than gambling and goes to entirely new role – the role of a regular job.
It is far riskier and far more rewarding than people give it credit for.
3. There is no need to overcomplicate it.
Again. The outsiders think that it is a process that requires a lot of time in order to bring success. But once you are
trading, there is no need to overcomplicate the process anymore. You understand the chart, all of the numbers and can read the technical indicators just as easy as a book. That is where understanding that you thought much more of it comes to you.
4. You feel like you are going mad.
Yes, let’s take the pink glasses off and say – trading can drive one crazy more often than we would care for. Looking at all of the charts and trying to stay awake in order to trade at your favorite stock exchange late in the night, adjusting your whole time table to the time table of the markets and a lot of other things – that can simply make one feel as if they are losing their mind.
It is during those times that one can snap and turn to the personal broker. But trust me, that phase is going to pass. Sooner rather than later you are going to understand and feel all of trading joy.
5. You need a lot of patience.
Trading requires patience. That goes without saying. But we never understand just how much patience we need until we get trapped into a bad trade. Or volatile market. What you need is to be the most patient and the calmest version of yourself. And the truth here is that you are not going to understand just how much patience and nerve you need to trade until you start trading.
6. You are much more capable than you give yourself credit for.
Until you really start trading as your day job you are never going to understand just how capable you are. You are never going to understand how many things you can do simultaneously and how much information you can take in in one sitting. And you know what? As soon as you realize that you are going to have enormous self-esteem boost. Trust me.
And of course where is all that boost is going to be reflected? In your win rate, of course.
7. Trading is awesome.
Working from home, not having any obligatory parties that take up your whole weekend, freedom of choice and full control of your finances. Isn’t that a dream come true? Well, all of that is possible once you take on trading as a day job!
