Over the last few years there has been a remarkable growth in the number of individuals who are making the switch from full-time paid employment to the life of an independent financial trader.
The Google search engine defines Independent (ndp›nd(™)nt/) as free from outside control; not subject to another's authority. Not depending on another for livelihood or subsistence.
If you have ever had to change your career, or an aspect of your personal life we are sure that you are aware that during this period, you would have to weigh up the pro's and con's, before making the final decision. Even more importantly, these changes do not always happen immediately, but may have to be achieved over a number of weeks, months or even years. In addition, achieving the change can only really begin once you have decided what you want, constructed a workable plan and finally taken the first step to put the plan into action.
When you delve deeply into the financial trading markets, you will discover that there are plenty of opportunities for those who will take the time to learn about the markets and trading strategies. Whilst the independent financial trader lifestyle is not best suited to everyone, many global traders are enjoying the benefits of this freedom.
The team have been discussing some of the benefits of being an independent financial trader, and we agreed to publish some of our thoughts, opinions and experiences with you.
Firstly we agreed:-
You can work on the days and at the times which are suited to your lifestyle. Financial trading provides an around the clock opportunity to place trades globally within different time zones. And just in case you are not aware of the global time zones, there are plenty of resources online, with this information. As a result, you can choose to work the hours which suit you best, without impacting on your personal or social commitments.
Secondly, you can make your own decisions; this ties nicely into the first benefit; just picture this - waking up in the morning and deciding that you do not want to place a trade today. Well, we are sure that you will not be surprised to know that you don't have to! if you feel like dedicating more time to pursue your favourite hobby, travelling the world, or even meeting your best friend for a bite to eat, you can! It's your call, your decision.
Finally, you can start on the journey to financial independence. Have you ever heard the saying, you only get out as much as you put in? The beauty of any task, job or profession is the more quality time you spend learning and mastering that particular trade, the more seasoned and experienced you become. Dedicating more quality time to building your financial trading skills and knowledge can help you to enhance your current knowledge of financial trading and the markets. You can also use the process as an opportunity to discover new workable strategies to help build your financial portfolio; this is a great start to work towards being financial independence; the sky is the limit! Isn't that a great feeling?
These are just three benefits the team discussed and we have presented them to you in no particular order or priority, however, we would love to hear from you. Please feel free to leave a comment sharing your experiences with the team.