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Tips to trade your way to Financial Freedom

by Tia

Since launching its trading academy, marketsClub, Markets.com, a retail forex and contracts for differences (CFDs) broker owned by the Finalto Group, has seen the initiative achieve remarkable growth, attracting a vibrant community of more than 1,400 members, all sharing a common goal: achieving financial freedom.

The multi-award-winning and highly regulated online trading broker has over 15 years of experience in CFDs on Forex, Share, Commodity, ETFs, Cryptocurrency, Indices and Bonds. What sets its marketsClub apart is its holistic approach to education. 

Dany Mawas, CEO of Finalto Africa says it’s not just about providing free learning materials, but about assisting and guiding traders through a comprehensive curriculum designed to build a strong and tangible foundation, aiming to steer them toward achieving various levels of financial freedom. “From understanding the very basics of trading to crafting personalised and elaborate trading strategies, marketsClub covers it all.”

However, true mastery in online trading comes from real-world experience. That’s why marketsClub goes beyond theoretical knowledge by offering daily market insights in various ways. This is led by Head of Education, Ruan Landsberg, who says these insights provide invaluable updates and practical tips for navigating the ever-changing market landscape.

“Learning from your own mistakes can be costly if not addressed swiftly. That’s where marketsClub’s weekly mentorship sessions come in. Members have the opportunity to interact with experienced trainers, gaining insights based on real-life trading experiences. Whether it’s overcoming losses or refining their approach, these sessions offer personalised guidance to help traders stay on track,” adds Landsberg.

Here are Landsberg’s top five tips on how to achieve financial freedom:

  1. Consistent Commitment: You have heard this many times, you have to be consistent with your craft. You have to show up every single day, and put in the effort. Yes, you will have bad days, but try again tomorrow. If you lay one brick at a time, sooner or later you will have a house. I strongly believe that achieving financial freedom follows the same logic; it starts with day-by-day effort.
  • Harnessing Momentum: Momentum is one of the hardest things to get, but once you have that momentum on your side, your efforts become easier by the day. We have to start by giving 1%, then 2%, and gradually building it up. Let me put it this way, it may be possible to stop a car that is driving slowly, but once it builds up speed (i.e. momentum), it becomes nearly impossible.
  • Risk-to-Reward Ratio: This is the ultimate tool that will help you make the right financial decisions, whether it is in trading, investing, business, or even in your personal life. What am I risking and what are my possible gains? Having a good risk-to-reward ratio in life will allow you to be wrong most of the time, but you will still end up making gains.
  • Mastering Risk Management: You must learn how to manage your risk. Everyone can make money, but not everyone can keep making money consistently. Manage your risk, manage your money and manage your time. Misused resources can never be retrieved.
  • Mindset Mastery: Your mindset will always influence your results, whether it is in business, trading or in your personal life. You have to put in the right effort into creating a strong, determined and winning mindset. If you believe you can be financially free, you are already 50% there.

Ultimately, marketsClub isn’t just an education centre; it’s a thriving community of traders united by their passion for the markets. Together, they collaborate, learn and grow, all with the shared goal of creating value and achieving financial independence.

To become a member of marketsClub, simply complete a quick, free sign-up!

https://www.markets.com/promo/marketsclub-fsca/en/index.html

*CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74%-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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