Monday 11 July 2016

Forex Trading Income Needs To Be Anchored with Life Planning

FX Market For Consistent Income 
 


Forex markets can yield profit and loss. Where there is opportunity there is risk. The good FX trader quickly becomes aware that his/ her trading life must find a balance sooner than later. You cannot live your life in the fast lane looking for 100 pip moves daily without wear and toil. Like mechanical machines at some time even the very best traders will break down. Trading the markets is an emotionally-draining experience and even though a trader may succeed initially with gains in the long run as the fight gets going the sheer toil can burden and bear down upon the trader's mind. Living in the fast lane sprinting towards income opportunity cannot be achieved unless we set a more accommodating pace for trading longevity.

The balanced trader may work the forex markets for higher risk/ rewards but should also consider investing in government bonds and blue-chip strong dividend paying stocks.

You cannot build a house without a foundation.

Please look at the wealth building program of Tranont to build a logical and sustainable five year plan of accumulating wealth.

http://goldenyearscharities.mytranont.com/ 

This is a very good program that can complement your forex trading plans at gaining success in life. conservative well-thought through wealth building plans are better than throwing your income to the winds and the whims of the gods in the trading arena. Yes, carve out for yourself a forex trading career by all means but complement it with a strong anchor program like Tranont.


Pieter Bergli - Trader X16


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Futures and Options trading involves risks of losses. No representation is being made that any reader and account will or is likely to achieve profits or losses similar to those that are being discussed on this blog http://forexeducationperspective.blogspot.com/. The past performance of any trading system or methodology discussed is not necessarily indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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