This one’s a topic for those trying to figure out the benefits of learning and figuring out how to trade. While financial independence may be something that’s not achievable for someone just starting out, there are many other intangible benefits: personal growth, risk management skills, or maybe even psychological resilience.
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Developing a ZEN mindset has been the best benefit for me, as apart from trading, I have learnt that whatever others think of me, it is not my business.
Peter Castle has written a book called The Zen Trader and it is one I would highly recommend, especially if emotional challenges are spoiling the journey to success.
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For me, trading and business, in general, go together. I never really understood how people make money.
When I first entered the workforce, and I had a very low salary, I didn’t understand how people can afford nice apartments, vacation, better food, not living paycheck to paycheck, etc.
Learning about trading and the world of finance has opened my eyes.
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Learning to move with caution. before trading i remember risking a very big thing for a vert small reward, but now I know that no matter what you are doing, you should have a logical R/R
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Patience, definitely. Achieving big things needs time.
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Trading forex offers more than financial gains. It’s a journey of personal growth, honing risk management skills, and building psychological resilience.
The most significant benefit for me? It’s not a single thing. Trading has sculpted me into a more disciplined, resilient, and confident person who’s not afraid of calculated risks. So, if you’re considering trading, remember - it’s not just about the money, but about the incredible journey you undertake and the person you become.
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Discipline and patience and appreciation of global economics.
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Oh there are lots of them to be fair. But I would say the major of them is the understanding that everything exists in cycles. There is a down cycle and there is an up cycle.
And you literally can observe this phenomenon in everything you see around yourself.
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I suppose I have learned how to lose money without having a nervous breakdown.
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The most significant benefit I have gained from trading is happiness.
I eventually found my life mission, and everyday, I work to make it happen.
Fidelity to a worthy purpose, being a successful forex trader makes me happy all day.
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Trading made me a better person.
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Trading offers the chance to generate profit and increase wealth. And I find it as the most significant benefit of trading.
personally i think as someone who is most of the time reacting to emotion rather than thinking rationally, trading with the help of mindful meditation made me take a step back at anything i plan on acheiving. It also gave me the right to dream big: dream of financial freedom,time freedom and to acheive big things in life
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Never worry about a missed opportunity.
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