The word “financial freedom” refers to more than just having enough money to avoid worrying about bills and other everyday difficulties; it also refers to having true independence from financial constraints. It is a powerful and motivating notion to consider having the opportunity to earn enough money to live comfortably from anywhere in the globe with only a computer and access to the internet as a requirement.
Being a good trader not only entails making a lot of money, but it also entails having a great deal of freedom, which is really significant. You have the ability to practically do whatever you want, whenever you want, and you really can’t put a monetary value on that freedom.
Try something new and different
Traders are individuals who are looking for a way out of their current situation. The ‘Matrix’ of modern-day labour and the 9-to-5 grind has been disrupted by a new kind of work. After all, who wants to spend the majority of their waking hours trying to make someone else more money than they make for themselves, right? This is the frame of mind of a trader. He or she views the world for what it truly is, rather than as some sort of fairy tale that society would like them to accept. As a result, in order to be a trader, you must have a different mindset than the general public. The ‘me against the world’ mentality characterizes you, and you don’t give a damn about what other people think of your actions.
There will be no more 9-5 jobs
Life as a full-time trader is an incredible experience that you will never forget. Sitting on the beach, resting, and occasionally entering a trade over the month when a high-quality price action signal appears, not too shabby.
Perhaps even more advantageous is the fact that you do not have to “report” to work on time each and every day. Awakening at six o’clock in the morning and getting ready to go to a job you despise is no one’s ideal way to start the day. Full-time trading would provide you with the opportunity to escape this sort of modern-day slavery. Working 40 hours a week (or more) slumped over desks in windowless cubicles, as I suppose we all do, is a new type of slavery, in my opinion. Trading provides a means of escaping from this situation. It’s not simple, to be sure, but at the very least, it provides us with a shot for actual, genuine freedom.
It has a lot of versatility
Being a trader provides incredible freedom and flexibility. You won’t have to worry about missing work or calling in sick if you want to see family or go on a vacation because you won’t be penalized for doing so. You can easily set your own schedule, travel wherever you want, and do anything you want whenever you like. One of the most enjoyable aspects of being a trader is the freedom from having to follow the ‘rules’ or adhere to a schedule set by others.
Having a better understanding of the world
Having experience as a trader allows you to see and grasp the differences in strength between different economies throughout the world. It constantly amazes me how little the majority of the population understands about currency rates and the relative strengths of other countries. The fact that you are a currency trader causes you to become hyper-focused on the price action of various currency pairs, which allows you to understand the world in a more intimate and clearer way than most other individuals who are not traders.