Why Should I Learn to Trade?

Imagine earning additional income without the need for a second "job." Picture a more laid-back lifestyle, enjoying more of the travel and leisure activities you've always wanted, and having the ability to spend more time with family, friends, and loved ones. Now add to that the fulfilment and personal satisfaction that comes with empowering your own success, and right there you have a host of reasons why tens of thousands decide to learn to trade each and every year. Perhaps you're even considering trading yourself?

Table of Contents

Imagine earning additional income without the need for a second "job." Picture a more laid-back lifestyle, enjoying more of the travel and leisure activities you've always wanted, and having the ability to spend more time with family, friends, and loved ones. Now add to that the fulfilment and personal satisfaction that comes with empowering your own success, and right there you have a host of reasons why tens of thousands decide to learn to trade each and every year. Perhaps you're even considering trading yourself?

As you might expect, most newbies believe—or are led to believe—that trading is a way to "get rich quick," to effortlessly earn sizable profits each and every month, and retire comfortably in just a couple years. And while the reality is quite different, trading can be extremely rewarding nonetheless. Here are a few more reasons (both personal and professional) why you, too, may opt to learn to trade, and why doing so could be one of the best decisions you've ever made.

Best Award Winning Brokers

Show Search Filters
  • eToro.com is a reputable trading platform, famous in the social trading industry. In 2018, the brand decided to conquer the US market and launched the local brand there. First, the company functioned solely as a crypto trading broker. Yet, later it added other items to its list of tradeable assets. Therefore, now it offers stocks and ETF trading as well. 

    With a history dating back to 2007, eToro has amassed a large user base across more than 140 countries. When cryptocurrency emerged, the brand used a unique chance to enter the American market.

    One of its key features is CopyTrader, the social trading tool and a proprietary product of the project. It allows novices to repeat trades from top traders with just a few clicks. Thus, the tool offers a fresh approach to this asset class.

    This guide aims to provide a comprehensive eToro review to help traders make informed decisions.

    etoro USA

    eToro offers trading services across many regions worldwide including the USA

  • OANDA (www.oanda.com) boasts of a high level of trust and reliability, as evidenced by its impressive Trust Score of 93 out of 99. While OANDA is not a publicly traded company nor does it operate as a bank, it is subject to regulation by seven Tier-1 regulators, signifying a highly trusted status. Additionally, it is supervised by one Tier-4 regulator, which means that users should utilize a cautious approach to risk management.

    OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
  • A standalone copy-trading ecosystem, providing equities, foreign exchange, commodities and cryptocurrencies markets. Provides a global selection of brokerages.

Learn to Trade to Monetize Your Down Time

Learn to Trade to Monetize Your Down TimeFor most, the "secret" to maximizing earning potential is really quite simple: Make money even when you aren't at work. To illustrate, consider this: You would need to earn about $50 an hour at a regular, "day" job in order to earn $100,000 annually. But if you earned money in your "off" hours, too, you would only need to make about $12 an hour to earn that same $100,000.

Trading, then, is seen by many as a means of monetizing their "down" time and creating an important, secondary income stream, one that enables them to make money while enjoying time with family, or doing chores around the house, or even while sleeping. The ability to tap into this additional earning potential can be life-changing for many, and is a big reason why so many individuals aspire to learn to trade each and every year.

For a More Active Pursuit of Financial Freedom

Learn to Trade to More Actively Pursue Financial FreedomToday, individuals and families work harder than ever before to stretch their often-limited incomes. Indeed, the lingering effects of economic and financial crises of years past are still fresh, and with wage growth remaining flat throughout much of the world, those who learn to trade may stand to improve their ability to pay down debt, invest for the future, or even live better right now.

For hard-working individuals, trading represents a way to take greater control over their finances, capitalize on compelling, short-term market opportunities presented several times each month, and earn additional income without returning to school or taking on a second job.

In all, lifestyle trading and following The Lazy Trader methodology can fit into your existing, daily routine, improve earning potential, and empower you to reach that elusive goal of achieving lasting financial freedom.

To Enjoy More Balance between Work & Life

Learn to Trade for More Work/Life BalanceTraditional wisdom tells us that the return from a given activity—like work, for example—is often proportionate to the effort and resources we have invested to begin with. I believe the old adage is, "You get back what you put in."

It's this way of thinking, though, that often causes people to work even longer and harder while pursuing their goal of financial independence. Trading, however, can be a welcome exception, enabling individuals to realise financial benefits without a large-scale commitment of time and resources.

Also read: Conventional Trading Wisdom That Contradicts Itself

Thousands of happy, part-time traders, in fact, have achieved greater balance between work and life, all while trading consistently and remaining on their stated career path. So for both financial and lifestyle benefits, don't learn to trade a method that calls for countless hours of chart reading, constant trade planning, and staring at trades while in progress. Choose a method like this one, which is geared for more freedom, flexibility, and the work/life balance you want and so richly deserve.

For a Relaxing Hobby You Can Enjoy for Years to Come

Learn to Trade as a Relaxing HobbyDon't forget the fun and enjoyment factor, either! Trading is not a job, nor is it something that any of us have to do. Rather, it's a productive hobby, and a nice way to make your free time work for you. Plus, unlike with sports and traditional recreational activities like golf, running, tennis, and the like, you can practically trade for as long as you want, so it's good for both young and old.

I find that trading keeps me sharp and well-informed, ensures that I'm engaged and accountable for my time and decision making, and most of all, is a fun and rewarding activity that I look forward to each and every day.

So if you're thinking you want to learn to trade, approach it as a hobby, not a job or a means to "get rich quick." Trade conservatively and with an eye on the long term, and perhaps most importantly, be sure to get a complete, well-orchestrated trading education straight from a reputable source.

Good luck in all your trading endeavours!

You May Also Like…