So what after all is financial freedom ? Many of you may just define it as having some means to live without having a 9 to 5 job, others may define it as having no boss while others may just see it as “not having to worry” about your finances, being “free” of the burden of money. For me it was a matter of independence. Definitely it was a matter of not wanting to have to work a 9 to 5 job and a matter of being my own boss and having only my talent and willingness to work as the limitant factors to my success.
I will tell you what financial freedom is not. It is not being a lazy arse. The idea that people try to sell sometimes that there is a way in which you can just watch money flow and sit in a chair while your income goes into your bank accounts without you doing anything is just not possible, it simply won’t happen. Sure, there are people out there having money going into their bank accounts and they are not doing anything right now but certainly they did work extremely hard to get where they are right now. Do you think Warren Buffet, Bill Gates or Steve Jobs got their lives by just sitting under a palm tree ? Certainly they did not.
The reason why most people do not have that kind of life when they are 40 or 50 is mainly because the path that takes you there is much harsher than the path you have to follow in your 9 to 5 job. There is no boss to tell you what to do, there is no pressure and no motivation besides the pressure and motivation you give yourself. Being financially independent is perhaps one of the hardest things that I have done in my life. It required years of my constant work and patience and it required a lot of discipline. Much much more than getting my major or working a regular job. I needed to push myself to do things for the long haul, no immediate reward. I was doing things for the rewards I would take in 5 or 10 years.
What are the benefits ? Well, I certainly don’t have to play by anyones rules or follow any schedule. I work when I feel like it and I don’t when I don’t feel like it. That is obviously a double edged sword because it requires a lot of discipline to get yourself to do things everyday you simply don’t really have to. I find that the road at the end leads to nothing but satisfaction and personal growth. It is really good to push yourself and see how much you can really raise the bar. Things depend on you, not anyone else. However this does not mean that you should dedicate yourself 24/7 to doing this, do it slowly and smell the roses. That is what I did and I am glad it happened that way. I always have time for the people I love and never ever put my work before any of them, just remember the words of John Lennon, “life is what happens while we are making plans”.
I can say today that I live from the market and this was not something easy to achieve. It was not plugging in a 97 USD robot or finding a holy grail. It took years of analysis, learning, programming, experience, patience and practice. If you think you can live from a simple forex system you will buy online without any further effort, just introduce me to ONE SINGLE PERSON who makes a living from one of those. I would be totally thrilled to get an interview :o).
If you want to learn more about my work with automated trading system and what profit/risk targets can be realistically achieved please consider buying my ebook on automated trading or subscribing to my weekly newsletter to receive updates and check the live and demo accounts I am running with several expert advisors. I hope you enjoyed the article !