How Financial Trading can give you the Life you want

Published on: 28 March 2019 Last Updated on: 03 July 2021

Over the century financial trading has become the next best thing for many people. Financial trading offers you the opportunity to fulfill your own goals. It provides you with the opportunity to create your own money through trading thus allowing you to be your own boss.

The primary purpose of working mostly for nearly 10 hours a day is to achieve financial stability and independence. Stability is having a surplus of income to enjoy the luxury of life. Before you start to think about financial security in life, the thought of housing and education debts, living paycheck to paycheck, and the fear of working all your life form a significant part of your economic fear of stability. If expense and money were no longer the needs you required, would you still keep the career or job you are in right now? My opinion is most people will say no, I Know a few numbers of people who would say yes.

So how do you change your life of working for someone to the life that you desire with minimal spending but great returns, my best bet is financial trading, it gives you the opportunity to earn money, to have the life you want.

What does Financial Trading Involve?

Financial trading is the buying and selling of shares, derivatives example futures and bonds, or forex. Forex involves the selling and buying of a currency and derivatives are selling at an agreed price at a later date at the given price.

Learning to trade in the financial market is not a walk in the park. Everyone dream to wake up one day boom hit the mega jackpot with trading. Financial trading requires patience to understand the movement of currency and stock. Understanding when to sell and buy and figure out its flow and system. The success story of your life as a trader beginning with patience, little investment as you trade and work your way to living the good life of big cash.

Financial Trader: Career Opportunities:

Being a financial trader creates an opportunity of controlling your income. A trader can make money through the changes in the movement of the stock price, in order to capitalize on this, a trader must have the desire to do the analysis research and develop the necessary strategy. There several platforms that have training tutorials for traders example is the MT4 platform, you can download MetaTrader 4 for your PC which offers simulation to practice trading and offers the opportunity to develop your strategies management skill and analysis skills.

Technology continues to make it easy to trade with the development of applications such as Meta trader which is available for a personal computer can easily be downloaded. The Mettrader4 platform is the best for your personal computer for it is compatible with all operating systems from Windows and Linux.

Meta Trading Software for Financial Traders and Trading:

Metatrader 4 trading platform in Windows offers you a simulation stage to experience the financial market volatility. The backbone of profitable trading is volatility. As you trade every day learn to manage your profit to loss ratio hence minimize your losses. The simulation allows you to make mistakes and learns from your mistakes before venturing into the real thing; the simulation offers you virtual currency to act as an account broker, it also mimics the stock condition environment. Before you begin actual trading you will spend a few months practicing trading until you grasp the trading cycle.

Financial Trader: A Suitable Career Profession:

Financial trading brings a change in lifestyle. With the choice to make and organize your working hours, how it best fits you. Besides giving the option of working from home. The freedom to work when you, want, how long you want gives you a choice to make the money that you need to fund your lifestyle through trading.

The flexibility of being able to trade from anywhere is one of the significant advantages of the financial trader. Traveling all over the world at the same time being able to carry your work with you. A laptop and the internet are the only things you will need.

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Trading Versus Investing: Which Is Right For You?

There are two distinct stakeholders in every market, we have the traders and the investors. These two sets of people have one thing in common, they both want to make a profit however they approach the market differently. If you are reading this article you are probably interested in the market but, you are a little bit dazed about either deciding on trading or investing. It's time to cheer up friends, don't be disturbed anymore, your questions would be clarified after reading this article. This article would share the necessary information you require to make your decision; trading or investing. Let's get started. What is trading? Trading is a financial activity carried out to earn a profit from short-term fluctuations in the market. Trading involves buying and selling financial instruments; stocks, currencies, commodities, and derivatives to make profits from their price movements within short periods. What is investing? Investing is a long-term financial activity where investors buy a financial instrument; for example, stocks that can yield returns in the long run. Unlike trading, investing requires creating a variety of portfolios of assets and keeping them through every stage of the market till the period they wish or project to take their returns. Unlike trading which is reliant on price movements for returns, investing grants numerous benefits such as bonuses, dividends, buybacks, stock splits, and more. The similarities between trading and investing Trading and investing have a similar objective which is to make a profit. They both offer the possibility of getting rewards. Trading and investment both hold the possibility of a loss; they both have financial risks. You need an account/broker to either trade or invest. Without an account, you cannot buy and sell or invest in stocks, ETFs, options, currencies, and others. The differences between trading and investing The table below would give you a better understanding of the differences between traders and investing: CharacteristicsTradingInvestmentRiskHighModerate/LowCapital growthFrom short-term profitAmass gains/wealth overtime while minimizing risksIntentionPurchase assets during the short term and take advantage of mispricing/irregular price movements in the marketBuy investments and hold them for a long period to grow capitalLeverage offeredYesNoAnalysis neededTechnical analysisFundamental analysisCapital gainsMajorly short termBoth short-term and long termPeriod of investment trackingHigh/ConsistentMedium/lessAsset durationSeconds, minutes, a few hoursWeeks, months, years/decadesAssetsStocks, optionsStocks, bonds, ETFs, mutual funds Conclusion When you are about to make a decision; trading or investing, be introspective. Ask yourself and consider how patient you are. Are you knowledgeable about investing or trading? What are your skills or expertise? Can you manage risks? Or do you prefer to play safe? Based on these questions and your strengths or weaknesses you can think about, you can now decide which; trading or investing is best for you. Remember, trading is more susceptible to financial risk because it is a short-term activity while investing is long-term and less susceptible to financial risk. Trading and investing are not profitable though trading can be a way to earn quick profits while investing wins come in the long run but with fewer losses than trading. You can find your perfect binary options broker as a trader or investor today. Frequently Asked Questions (FAQs) I. Do traders earn more than investors? We can not authoritatively say that a trader is earning more than an investor vis-a-vis. Traders and investors both have the potential to profit. But they both have to make the right and smart decisions otherwise they would lose money. II. What types of trading can I engage with? There are four types of trading; day trading, position trading, swing trading, and scalp trading. Day trading: Positions are held during the day alone. Position trading: Positions are held for months to decades. Swing trading: Positions are held within days to weeks. Scalp trading: Positions are held within seconds to minutes. Scalp trading is usually operated during the day alone. III. What types of investing can I engage with? Some of the types of investing you can engage in are index investing, active investing, passive investing, value investing, market cap-based investing and growth investing. Read Also: Unveiling The Dark Side Of Trading: Exposing Binary Options Scams And Ensuring A Secure Future What Beginners Must Know About Trading Options In Dubai Margin Trading Tips & Strategies For Beginners

The Future Of Digital Currencies: 7 Things We Can Expect In 2022

Bitcoin, Ethereum, and other Cryptocurrencies have gotten a lot of attention throughout the world because of the uncertainty surrounding Covid-19. Many people believe that digital currencies are the way of the future. In the absence of restrictions, however, Cryptocurrencies have been relegated to a speculative asset class with high volatility. On the first day of the Digital Currency Conclave on January 11, 2021, experts stated the Cryptocurrency sector presents India with a great growth opportunity, but positive laws are needed to realize its potential fully. According to experts, effective regulation and ease of doing business can help India become the world's largest Crypto, Blockchain, and Web3 leader. So, let’s find out all about the digital currency trends that are bound to erupt this year. 7 Things You Can Expect From Digital Currencies In 2022 Digital currencies are tied to grow in leaps and bounds this year. If you are already a Crypto trader on the tesler app, you may witness the growth from the earliest onset. So, let’s find out what can we expect from digital currencies this year: 1: Crypto ETF It's too early to know how many investors will flock to BITO, but the fund saw a lot of activity in its first few weeks. In general, the more traditional financial products that include bitcoin assets, the more Americans will be able to participate in and influence the crypto market. You may add crypto to your portfolio straight from the same brokerage with which you already have a retirement or other traditional investment account rather than learning how to navigate a cryptocurrency market. Investing in a crypto ETF like BITO, on the other hand, involves the same risk as any other crypto investment. So it's still a risky and speculative investment. 2: Environmental Fallout The bitcoin industry's steady expansion has brought increasing attention to its carbon footprint over time. Bitcoin and other cryptocurrencies are created or mined by high-powered computers vying to solve complicated mathematical riddles, which consume a lot of energy and emit greenhouse gases unless they use renewable energy. According to a University of Cambridge index, bitcoin mining consumes around 0.5% of worldwide electricity, which is more than Sweden consumes in a year. 3: Central Banks Going Digital As more countries experiment with their central bank digital currencies, state-issued digital coins will compete with Cryptocurrencies in 2022. Central banks worldwide are recognizing that digital payments are rapidly becoming the standard. Keeping central bank money relevant in retail transactions demands the development of digital analogs of their currencies. From Russia to Chile, many countries have begun to investigate CBDCs, with trials and rollouts planned for 2022. 4: Legal Tender You can see some nations are still fixated on banning Cryptocurrencies, but some countries are passing legal tenders to integrate them into the traditional economy. Inspired by the 'experiment' in El Salvador, other impoverished countries would accept Bitcoin as legal cash. In September, the Central American country became the first to recognize Bitcoin as a recognized currency alongside its domestic currency, the US dollar. 5: Broader Institutional Cryptocurrency Adoption In 2021, mainstream companies from various industries expressed interest in Cryptocurrencies and Blockchain, and some even invested in them. AMC, for example, just announced that before the end of the year, it would be able to take Bitcoin payments. PayPal and Square, for example, are banking on cryptocurrency by allowing consumers to buy it on their platforms. As a result, experts expect that this type of buy-in will become more common. 6: Wild West In August, the chairman of the United States Securities and Exchange Commission chairman's chairman referred to the world of decentralized finance platforms, or DeFi, as a "Wild West." It pressed Congress to grant the SEC additional ability to oversee the unregulated blockchain-based banking services. Regulators worldwide are increasing their monitoring of trading platforms in 2021, concerned about a lack of consumer protection and insufficient quality of anti-money laundering procedures. 7: Volatility Will Continue Since Bitcoin is the largest Cryptocurrency by market value, and the rest of the market tends to follow its patterns, it is a good predictor of the crypto market in general. In 2021, the price of Bitcoin embarked on a rollercoaster swing, reaching a new all-time high of $68,000 in November. Following earlier highs of over $60,000 in April and October, as well as a summer decline to less than $30,000 in July, this current record high has been set. Because of this volatility, experts recommend that you limit your Crypto investments to less than 5% of your overall portfolio at first. Wrap Up If you know all about the future trends of digital currencies, we hope you have got the knowledge already. However, if you need more details, you can let us know in the comment section. We will get back to you with an answer in no time. Read Also: Can Blockchain Help In Other Ways Apart From Cryptocurrencies? Why Entrepreneurs Should Pay Attention To Cryptocurrencies In 2021 Why Exchanges Need To Improve User Experience For More Adoption 5 Trends To Watch Out For In The Bitcoin Ecosystem In 2021

Make Your Savings Goals Come True with Gold

What are your investment goals? Some of the most common savings and investment goals people have are retirement, education funds for children, saving to buy a home, starting a business, switching to a more satisfying but lower paying career, getting married, or even going on a vacation. These are all great reasons to save and invest, and they all come with different investment strategies, timelines, and risk tolerance. None of them are mutually exclusive. In fact, you should probably be balancing a few of these investment goals at the same time. Whatever your other savings goals, retirement should always be on your mind, and that means long-term growth with a balanced portfolio. While goals such as buying a house or going on vacation may have much shorter timelines, retirement offers an opportunity to grow your savings to new heights through compound interest and balancing high-growth, high-risk investments with low-risk alternatives. Invest in Low-Risk Assets like Gold: One low-risk asset you should consider buying is gold. Many investors consider it superior to other low-risk assets like treasury deposits or money market deposit accounts. There are a few qualities that make gold a better investment: Inflation-proof; since 1971, the value of a dollar has gone from 1/40 of an ounce to 1/1300 of an ounce, while the gold-housing ratio (the relative value between gold and real estate) is about the same. Highly desirable when inflation is higher than interest rates. Performs well when stocks do poorly, helping you offset losses. Highly liquid and you can sell easily even when stocks are considered toxic. Here’s how you can get started investing in gold today. Buy Gold Online: Buy gold online for a cost-efficient way to add it to your portfolio. The prices will be lower than a physical shop, and shops today are often in the business of selling more collectible coins. Get straight to the punch by buying coins and bars that were made for the modern investor – straightforward, predictable costs and no-nonsense products. Bullion vs. Paper: Gold bullion is your safest bet for investing. You have maximum control and minimum third-party risks. Paper or ETFs place your money and your trust in management and trading practices that aren’t easy to understand, such as lending and futures trading. Gold bullion is by far the more secure option. Buy Gold Bars or Coins: Now that you’ve limited your options to physical gold bullion, there is still a lot to choose from. Gold bars and coins are more cost-effective products. All forms will have premiums over spot prices. It costs mints labor and machining to create bars and coins, and companies face expenses such as shipping, storage, and insurance, which they recoup through premiums. Gold bars have less production value than coins, so they are an excellent way to save and buy at something closer to spot prices. Gold can help you meet your investment goals. Allocating a portion of your portfolio to gold means you have a highly liquid, inflation proof asset you can depend on whenever you need it, whatever the market looks like. Read Also: Investors Agree: Gold And Silver Is The Way To Go Cut Risks And Guarantee Gains: Why Real Gold Is Attractive

How Financial Trading can give you the Life you want

What does Financial Trading Involve?

Financial Trader: Career Opportunities:

Meta Trading Software for Financial Traders and Trading:

Financial Trader: A Suitable Career Profession:

Investments 101: How to Choose a Smart Stock

Discovering And Recovering From Identify Theft

Content Rally

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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Trading Versus Investing: Which Is Right For You?

The Future Of Digital Currencies: 7 Things We Can Expect In 2022

Make Your Savings Goals Come True with Gold

How Financial Trading can give you the Life you want

What does Financial Trading Involve?

Financial Trader: Career Opportunities:

Meta Trading Software for Financial Traders and Trading:

Financial Trader: A Suitable Career Profession:

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Investments 101: How to Choose a Smart Stock

Discovering And Recovering From Identify Theft

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

Popular

Follow Us

Recent

Related