Did you ever stop to think about why some activities are called ‘hobbies’ and some are called ‘work’? What makes one different from the other? Is it the stress they cause (one brings it, one relieves it)? Is that why trading is often seen as more of a job than a fun, engaging hobby? Well it doesn’t have to be – lifestyle trading can eliminate stress as much as painting, reading, or going for a run can. It’s all in how you look at it.
Are You Sure? Because It Doesn’t Seem That WayTo Me…
Seriously, trading can eliminate stress. It’s true. It’s all about having the right attitude about it before you start,because otherwise you’ll end up getting hot and sweaty and not being able to sleep – and in this situation that’s not a good thing.
Go On…
As long as you go in with a clear mind, the knowledge that lifestyle trading can eliminate stress, and the understanding that you don’t have to work excruciatingly long hours, but neither will you become a millionaire overnight, you’ll be fine. In fact, you’ll be better than fine – you’ll enjoy what you’re doing (and the bonus is that you will make some money. It might not be huge great bucket loads, but it will be more than you’re making now).
So There’s Something To This?
There’s something to the idea that lifestyle trading can eliminate stress. That’s the basis of lifestyle trading – it’s not about complicated algorithms or messy calculations. It’s about easy to read patterns that present themselves neatly and smoothly and mean that you have the best chance of coming away with a profit. And that’s what we all want, isn’t it? A nice, neat, comforting, relaxing way to make some extra cash.
How Do I Start?
If you want lifestyle trading to eliminate the stress you feel in your life, you need to ensure you’re doing it right,otherwise you’ll only add to your problems. The key to remember is that, unlike other forms of trading, lifestyle trading means you don’t have to trade every time you log in. In fact, it’s better if you don’t. You need to wait for the perfect setup in order to make the most of your investment, and it’s expected that you won’t make a trade just because you’re there (that would be stressful!). That’s one way that lifestyle trading can eliminate stress.
Another way is to make charts. Good charts will show you the right time to trade, and how to do it. There are ways and means of getting this done, but the ultimate goal should be to make life easy for yourself – isn’t that the point?
Any Other Hints and Tips?
If you really want your lifestyle trading to eliminate stress, you need to work out the best times to ‘play’. You can benefit from not having to trade during the peak times when everything is rushed and tense and volatile. You can wait until the end of the day when things have calmed down and settled, allowing you to really think about what it is you’re planning to do.
Lifestyle Trading Can Eliminate Stress!
Told you. This method of training only need san hour or so of your time every week – a few minutes a day if that’s how you want to look at it. And that means you’ve automatically got a better work life balance, giving you more time to spend with your family and less time worrying about your trading activities. Less stress, less pressure, more fun… Now lifestyle trading seems like a good choice; a hobby rather than a job.
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Editors’ Picks
EUR/USD: US Dollar to remain pressured until uncertainty fog dissipates
Unimpressive European Central Bank left monetary policy unchanged for the fifth consecutive meeting. The United States first-tier employment and inflation data is scheduled for the second week of February. EUR/USD battles to remain afloat above 1.1800, sellers moving to the sidelines.
GBP/USD reclaims 1.3600 and above
GBP/USD reverses two straight days of losses, surpassing the key 1.3600 yardstick on Friday. Cable’s rebound comes as the Greenback slips away from two-week highs in response to some profit-taking mood and speculation of Fed rate cuts. In addition, hawkish comments from the BoE’s Pill are also collaborating with the quid’s improvement.
USD/JPY gathers strength to near 157.50 as Takaichi’s party wins snap elections
The USD/JPY pair attracts some buyers to around 157.45 during the early Asian session on Monday. The Japanese Yen weakens against the US Dollar after Japan’s ruling Liberal Democratic Party won an outright majority in Sunday’s lower house election, opening the door to more fiscal stimulus by Prime Minister Sanae Takaichi.
Editors’ Picks
USD/JPY gathers strength to near 157.50 as Takaichi’s party wins snap elections
The USD/JPY pair attracts some buyers to around 157.45 during the early Asian session on Monday. The Japanese Yen weakens against the US Dollar after Japan’s ruling Liberal Democratic Party won an outright majority in Sunday’s lower house election, opening the door to more fiscal stimulus by Prime Minister Sanae Takaichi.
Gold: Volatility persists in commodity space
After losing more than 8% to end the previous week, Gold remained under heavy selling pressure on Monday and dropped toward $4,400. Although XAU/USD staged a decisive rebound afterward, it failed to stabilize above $5,000. The US economic calendar will feature Nonfarm Payrolls and Consumer Price Index data for January, which could influence the market pricing of the Federal Reserve’s policy outlook and impact Gold’s performance.
AUD/USD eyes 0.7050 hurdle amid supportive fundamental backdrop
AUD/USD builds on Friday's goodish rebound from sub-0.6900 levels and kicks off the new week on a positive note, with bulls awaiting a sustained move and acceptance above mid-0.7000s before placing fresh bets. The widening RBA-Fed divergence, along with the upbeat market mood, acts as a tailwind for the risk-sensitive Aussie amid some follow-through US Dollar selling for the second straight day.
Week ahead: US NFP and CPI data to shake Fed cut bets, Japan election looms
US NFP and CPI data awaited after Warsh’s nomination as Fed chief. Yen traders lock gaze on Sunday’s snap election. UK and Eurozone Q4 GDP data also on the agenda. China CPI and PPI could reveal more weakness in domestic demand.
Three scenarios for Japanese Yen ahead of snap election Premium
The latest polls point to a dominant win for the ruling bloc at the upcoming Japanese snap election. The larger Sanae Takaichi’s mandate, the more investors fear faster implementation of tax cuts and spending plans.
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