Some days you are probably wondering why you started forex trading in the first place
Just to remind you – here are my top reasons why we all are trading, or aspiring to be consistently profitable forex traders.
1.Unlimited income
This is the number one reason we all started trading.
If you can find a way to be consistently profitable in your trading you can make an unlimited amount of money.
The only restriction on your income is your account size
If you can make only 10 pips per day consistently:
10 pips with 1 lot = $100
10 pips with 5 lots =$500
10 pips with 15 lots =$1500
You get the idea…
2.Work for yourself
You are your own boss – you do not answer to anyone and can do as you please.
Of course you will have the discipline to set specific trading sessions to trade.
3.Work from home
You do not need to rent any premises and you can trade right from your own home. This means that you do not have to commute to and from work every day, and spend hours stuck in traffic.
4.Cheap to set up
Trading as a business is very cheap to set up.
All capital costs are your desk and computer
You do not have any staff or stock to manage
All overhead costs are your internet connection and electricity bill.
5.Work from anywhere
You can trade from anywhere – all you need are your laptop and internet connection.
6.Work hours
If you know what you are doing you can finish trading within an hour or two, and be done working for the day
I hope I have convinced you of all the benefits of trading or forex trading and you will start trading or keep aspiring to be a successful trader