Why Should Trading Be in Your New Year’s Resolution?
The calendar flipped
another year, and it is time to reflect on your achievements in 2022 and your
dreams for 2023.
So, how about you make this
year different by adding trading to your new year’s resolutions list? Here are
a few points that could convince you to do so.
1-Trading is an Opportunity
for a Brighter Future and a Comfortable Life
No matter what your
resolutions list will include, it will be mainly directed towards improving the
quality of your life, which is usually achieved by better health and wealth.
When it comes to wealth,
you might have taken a traditional route to growing your money, like fixed
deposits that offer you stable income through interest rates.
But, with a good
strategy and a comprehensive understanding of the market, you can take up
trading and have a potential second income source.
2-Trading Will Give You More
Time to Enjoy Life
Every new year, you see
how quickly the previous year passed, and you start to notice that balancing
work and social life takes work.
But trading and
investing online will allow you to be flexible with your time, giving you space
to spend quality time with your family, friends, and loved ones.
How do you ask?
Well, you can trade from
anywhere at any time through your mobile, tablet, or computer. There’s a trading
opportunity at every hour, whether it is currencies or commodities that are open for 24 hours,
five days a week, or stocks where market hours vary depending on which
country’s market you are trading in. Still, there is always an open market
between stocks in Asia, Europe, and the U.S.
3-Investing Will Help You Maintain
the Value of Your Money
Only some people know
that if you keep your money in a savings account without investing it, you will
lose the value of your money over time because of inflation.
For example, if the inflation rate is 1%, the
purchasing power of money will be 1% less a year later. Also, if the deposit rate in your country is 3%, and
inflation is 4%, then that is not a profitable investment.
But, when you invest
your money correctly, you will have the opportunity to grow it regularly.
4- Trading is an Opportunity
for High Profitability
When you have a tested
successful strategy and learn all the ins and outs of the market, you will have
a high potential to start gaining a substantial amount of money.
So, have the patience,
discipline, and proper education to take advantage of the many opportunities in
the market to grow your wealth.
5- You Don’t Need Vast Sums
of Money to Start Trading
You can start trading
with a small amount of money and grow it gradually, according to your account
type. But in any case, remember to avoid trading in money you cannot afford to
In the beginning, we
advise you to trade on a demo account until you guarantee a successful
strategy, then open a real trading account to start trading global markets.
6-Trading Opens the Opportunity
to Become Your Boss
Who doesn’t want to get
rid of the 9 - 5 job and become their boss?
Trading allows you to be
your boss, be flexible with your time, and chase your dreams and hobbies.
You don’t have to quit
your job if you’re hesitant about not having a stable income; trading can be a
side hustle that supports your actual job.
·What You Need to Do Before You
Start Your Trading Journey
In the end, before you create
a real trading account, you must be aware that just like every new venture,
there is a learning curve that you have to pass by, so don’t just jump into it
without checking the courses and resources that we offer to empower you and
make you a successful trader.
Learn how the market
works, how to read charts and patterns, and what kind of news to watch.
After you educate
yourself, you can start trading and make money at whatever time suits you.
Yes, you won’t win every
trade you enter, but with time you will grow your experience and learn from
What are you waiting
for? Add trading to your new year’s resolution list and enjoy your dream
Ready to get started?
Open an account and discover why traders choose INGOT Brokers!