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 softens to near 1.3600 as BoE hints further rate cuts
The GBP/USD pair loses ground to near 1.3610 during the early Asian session on Monday. The Pound Sterling softens against the Greenback amid growing expectations of the Bank of England’s interest-rate cut. Traders will take more cues from the Fedspeak later on Monday.
USD/JPY drops back below 157.00 on Japan's verbal intervention
USD/JPY has come under moderate selling pressure below 157.00 in the Asian session on Monday. The Japanese Yen lost ground to near 157.70 following Japan’s ruling Liberal Democratic Party's outright majority win in Sunday’s lower house election, opening the door to more fiscal stimulus by Prime Minister Sanae Takaichi. However, JPY buyers jumped back and dragged the pair southward on FX verbal intervention by Japan’s Finance Minister Katayama.
Editors’ Picks
USD/JPY drops back below 157.00 on Japan's verbal intervention
USD/JPY has come under moderate selling pressure below 157.00 in the Asian session on Monday. The Japanese Yen lost ground to near 157.70 following Japan’s ruling Liberal Democratic Party's outright majority win in Sunday’s lower house election, opening the door to more fiscal stimulus by Prime Minister Sanae Takaichi. However, JPY buyers jumped back and dragged the pair southward on FX verbal intervention by Japan’s Finance Minister Katayama.
Gold holds gains near $5,000 as China's gold buying drives demand
Gold price clings to the latest uptick near $5,000 in Asian trading on Monday. The precious metal holds its recovery amid a weaker US Dollar and rising demand from the Chinese central bank. The delayed release of the US employment report for January will be in the spotlight later this week.
AUD/USD: Buyers eyes 0.7050 amid upbeat mood
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.
Bitcoin Weekly Forecast: The worst may be behind us
Bitcoin price recovers slightly, trading at $65,000 at the time of writing on Friday, after reaching a low of $60,000 during the early Asian trading session. The Crypto King remained under pressure so far this week, posting three consecutive weeks of losses exceeding 30%.
Weekly column: Saturn-Neptune and the end of the Dollar’s 15-year bull cycle
Tariffs are not only inflationary for a nation but also risk undermining the trust and credibility that go hand in hand with the responsibility of being the leading nation in the free world and controlling the world’s reserve currency.
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