Now we don't mean how our grandparents would have traded currency, or even how many people still trade by going to the bank or other exchanges and paying huge fees to buy foreign currency. Today, we trade from our mobile devices or computers from the comfort of our homes or wherever you are.
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It's not just about the money. Don't get me wrong, the money is great.
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But taking control of your own time so you don't have to sit in an office and watch a clock all day is priceless! It's about securing not only your future, but also your time now. If you are fine with sitting in traffic for an hour each day, having a job that you don't enjoy, being too tired on weekends to go out and have fun then good for you. Trading is for people who want more out of life. In the simplest terms, we make predictions and we spend money based on those predictions. There are many tools traders use to make these predictions, from analyzing charts to following major news events.
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As an example. Imagine you were reading that England will take a hammering due to some major news coming out example, Brexit. But then you read that Australia is getting a lot of interest from international investors and their currency is going to get stronger.
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