Whether you like it or not most things these days are controlled by money and for us to continue to enjoy the fruits of our labour we must take ownership. If we do not take control of our finances then someone else will do it for us but in their favour.
Money is not motivation it is the reward.
We believe it is important to detach the idea of worshiping money, we need to start looking at money as tool to help us live the life we want. Many people including traders are infatuated by dollar bills, pound notes or numbers on a screen and they will do anything for them. But in reality these are just pieces of papers and digits on a computer and it is not that exciting. As traders we need to find out the reason to why we trade Forex or Stocks? Is it so we can earn an extra income to support our family, or to save up to buy a sports car or to create financial freedom by being your own boss. What ever it is write it down and this will be the catalyst you need when you are going through difficult times and believe me you will need it but stay strong and keep that vision clear.
GIVE A MAN A FISH AND YOU FEED HIM FOR A DAY; TEACH A MAN TO FISH AND YOU FEED HIM FOR A LIFETIME.
One of the reasons we started Trend Traders Circle is because we understood the financial pressures ordinary people like you and I are going through. We work very hard in our day jobs to keep some cash aside for savings. But these banks are offering minutiae returns on investments which does not even compete with the rate of inflation. The average interest rate on savings in the UK in 2015 was 1.5% meaning if you had £10,000 in a saving account you would have made £150 in interest. This is disturbing. Even if you made 5% in the first year from trading you would have beaten the banks and your capital would have increased by £500 which is very achievable for a new trader. We can either continue to leave our money to lay dormant or put our hard earn cash to work, you choose.
The key to your future is taking control of what you have right now in this current moment. To learn more check out our education page.