Beyond the Money: How Forex Gives You More Time

  • 5
    Mar 2020

    Beyond the Money: How Forex Gives You More Time

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    Filipinos spend 16 days a year stuck in traffic, study says. Putting that into perspective, it costs about 9 to 15 years of your life on the road. Can you imagine the time you could have spent on something more meaningful, like having a trip with family abroad, attending your friend’s business launch, or just watching your kid play and eventually fall asleep? Yet the cold hard truth is, traffic congestion is only getting worse. Maintaining a balanced life would take more than just impeccable time management skills.

    As a result, more and more people are looking for smarter ways to make things as efficient and convenient as possible, including wealth management. Fortunately, we have technology at hand, which allows us to have real-time access to the world’s most widely traded market– the Forex market.

    At this point, we’ll take a look at the three major ways Forex trading gives you more time:

    Convenience

    As a global market, you can trade literally from anywhere in the world, anytime you like. With the 24-hour market that’s open five days a week, you’re not limited to the opening and closing times of one trading place. As one region’s trading closes, another opens and continues with the different international time zones. Through this, you become empowered to gain further insight into the market and manage the opportunities and risks within it.

    Leverage

    Leverage gives you as a Forex trader the chance to increase your capital for as high as 20 to 30 times. With this, even if you have a small initial investment in your account, you can still earn higher profits compared to the more conventional ways of wealth creation. Its high liquidity means that you can complete transactions quickly and easily, so the transaction costs are often very low, leading to less time spent in gaining the results that you want.

    Strategies

    Discover what to trade when. Major players in this market tend to be financial institutions like banks. You, as an individual trader, with the help of analytical tools for trading analysis, can make more intelligent decisions when it comes to trades. You can also set stop losses and take profits so that you can close your trade automatically when it hits certain levels.

    The Bottom Line

    Ultimately, the most successful people know that a person’s greatest asset is neither wealth nor power, but time, because it’s what you do with it that takes you to these results. Why do we want to manage our lives better? It’s for the things that we like doing and the people who matter.

    If you want a proven way to make money, you are disciplined and can follow the rules, interested in trading but don’t know where to start, and want smarter ways to create wealth more than just staring at a screen all day, we can help you.

    It’s simple and easy. Book  a free workshop near you by clicking on the link below and let’s discover how Forex can become your enabler, to getting more not just out of time but also out of life!

     

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