Friday, 24 May 2013

Why Do I Trade?

I am a gold market trader and I have been learning the art of trading from a year ago. Trading is fun and is full of potential, potential in terms of another source of income, freedom of time and it's easy when you are part of a great community. About a year ago, I was in an urge of wanting more money. I started thinking about my future and I started thinking if I were in the right track to make big chunk of money. 

In fact, becoming a fresh grad in graphic design in degree level is about RM 1,500 to RM 2,000 and that's about it. You work 9 to 5, probably Monday to Friday and slowly climb the ladder, try other opportunities in other companies, states or country for a higher salary and you work for the next 10 to 20 years only to find that you're stuck in the job.

Obviously, that's not what I want so I started looking for other alternatives and I encountered something called trading. I started learning from a community called SRDCWorldwide which specialize in teaching financial intelligence, technical charting analysis and world class dinar and dirhams.

So far, I am very convinced with the system and I personally feel that there is nothing like what we learn out there. It's very powerful and highly accurate where you can easily harvest pips from the market. To me, it's another form of side income as I could still continue what I do and earn something extra from the market.

Right now, I am at a point where I feel that I am more confident in my skills and I'm still learning day by day. I would say I'm about there to really start growing my live account. Still lack of confident as I'm still strengthening my psychology by backtest and forward test. What has psychology do with trading? To be successful in trading, it requires 10% of skills and 90% of psychology. That is why, knowing 1+1=2 is useless when you don't know how to apply it.

Learning to trade is not a get-rich-quick-scheme (skim cepat kaya). Trading requires the right knowledge, the right attitude (psychology) and the experience to get it right. Like many of us who are studying, how long it takes for you to graduate? 4 years? 5 years? Its about the same when it comes to trading, we are expected to be good at it after 2 years of practicing. 

The good thing is, everybody who sees the potential in this and have an interest for this source of income can learn. It does not requires you to be a lawyer, engineer or doctor to be able to understand how the system works. It does not requires 10 straight As' in SPM for you to enroll. "It's for everybody, even my grandma can trade!", they said.

To sum up, the reason I trade is because I find that it a good source of side income as the potential is really big and it does not take a lot of time. You don't need to own an office, you don't need to wear proper uniforms, you don't need to get caught in the traffic, you are your own boss and you can basically make money in your boxers. All you need is to learn from the right people..