12 Reasons Why Trader Is The Best Job In The World
Why do you want to become a trader? Why trading? Iif you are thinking about becoming a trader in stock, forex, or commodity market, here are 12 reasons why I believe that being a trader is one of the best jobs in the world. Trader is one of unique profession that offers numerous benefits other professions can't. These also reasons why I choose to become a full time trader.
1. YOUR BACKGROUND DOESN'T MATTER
It doesn't matter what you were doing before you become a trader. All that matters is your ability to consistently making money in trading. You don't need any educational degree from fancy university to become a successful trader. Trading is one place where rewards are based on skills. Some of the best traders in the world have no formal college education. As long as you have willingness to learn, commitment, determination, persistence and most of all, discipline and patience, you can be successful trader.
I hate doing paperworks, that's why I stay away from investing that involved paperworks, for example in real estate. Doing busineess also have a lot of paperworks and clients to deal with. In trading, there is almost no paperwork and no clients. All you have to do is open trading account, deposit money and in an instant you can start trading. It's that simple.
3. LOW COST
Buying real estate or doing business requires a lot of money to start with. In trading you just need a little amount of money, for example with $500 you can start trading. You don't need fancy clothes, cars to go to work. You can trade at home, while sipping coffee in your pajamas. When mining bitcoin, you absolutely need the latest and fastest computer. But in trading, you can use an average computer plus free trading software. As a trader, I save a lot of money from transportation, dining out, clothing, because I trade at home.
4. FLEXIBILITY: YOU DECIDE WHERE, WHEN AND HOW TO WORK
Being a full time trader would allow you to live a simply awesome life. You don't need to go office everyday. Waking up early in the morning and get stuck in traffic jam for hours is not fun at all. Being a full-time trader would allow you to escape this form of modern-day slavery. As a full time trader, you can work anytime you want and anywhere you want. As long as there is a reliable internet connection, with a smartphone, you can trade. You can shedule your work time when planning to go vacation, no need to go on peak season, because you can stop working anytime you want. You can also decide how you work. If you prefer to trade on a longer time frame, you can have a lot of spare time to do other things. Do you prefer day trading? It's okay, if you want more excitement. You can tailor your trading strategy to your needs and preferences. Isn't that awesome life?
5. YOU ARE THE BOSS
As a trader, you don't have a boss. You are the boss. Being a trader means you call the shots. You make your own decisions. If you feel no well, and doesn't want to do anything, then don’t. You don't have someone to tell you what to do. You are responsible for your own work and life.
6. BE AS SOCIAL AS YOU WANT TO BE
Maybe you don't like dealing with people. Trader is a job that you don't have to deal with others to make money. You can be a "Lone Wolf", it can be just you and the market. Or if you are happy to be with others you can meet and hang out with other traders. There are lot of trading community out there.
7. LEARN ABOUT MANY THINGS
In trading, you learn many things, not only trading strategy. As you going further, you can also learn about economy to know how market works in relation of supply and demand. You may also want to learn about politics, as market highly affected by politics. In addition, learning about Trading Psychology, may give you an edge to understand market behavior. This means also you'll know about human behavior and it is really helpful in your personal relationship. I think it fascinating to learn about many things
8. YOU CAN TRADE UNTIL YOU DIE
Trading is not a physical labour. As long as you can click a button or tap your smartphone, you can trade. If you’re a trader, you don’t really ever have to retire if you don’t want to. You can trade as long as you want because it obviously isn’t physical labour and it can be done from your home. Thus, as a trader you have the opportunity to generate income in your entire life. You also have the benefit of having healthy brains in old age. Trading is about thinking strategically, and that helps you prevent dementia in old age.
9. TRADING WILL MAKE YOU A BETTER PERSON
Many people think that trading is only about money. Sure, there is definitely some of that. But in my opinion, trading is more than that. Trading is a journey to self discovery. Trading can bring out the worst in people, such as greed, envy, anger, or fear. Taming these demons can help you to become a better trader and a better person. As you become successful trader, you'll become more humble, discipline, calm and grateful.
10. FAMILY TIME
Being a trader allows you to spend more time with your family. If you have kids, you can be beside them and be there more as they grow up. Spending 8 or 10 hours at office work every day causes you to miss at least half of your kid’s childhood as they grow up. Having time with kids and watch them grow is really priceless. Being an at-home trader allows you to have this opportunity to spend time more with people who are important to you.
11. FINANCIALLY INDEPENDENT
Sucessful trader can generate a stream of money. You may not going to be a billionaire, because trading is hard, but trading gives opportunity for everyone to make enough income to live comfortably.
12. YOU CAN DO OTHER THINGS YOU LOVED
Having enough money is one thing, but much more importantly, being a trader means you have freedom to do what you want when you want. Maybe trading is not your only passion. Being a full time trader gives you opportunity to explore many other things you loved. For example, you can travel to many countries while still trading. Or, you can learn to cook while still trading at home. It's totally up to you to live your life.
So those are the reasons why I believe that being a trader is one of the best jobs in the world. It is also the reason that I keep on learning and improving my trading.
Let’s be honest, trading is not easy. It is discouraging sometimes. You may have losing months sometimes, so don’t be too hard on yourself. I think it’s good to remind ourselves sometimes just why we become a trader. Hopefully these reasons will serve as a reminder as to why you are working toward your goal as successful trader.
Hope this article inspires