It can be really easy to get down on yourself and on trading if you are going through a rough patch. Maybe you recently went through a long losing streak, or perhaps you just suffered a single huge loss. Or perhaps you have been waiting around for setups to form, but have been unable to take any trades for weeks. At times like these, you can feel like you are trudging through a desolate wasteland. You may even get so frustrated that you question why you are doing all of this in the first place.

Everyone goes through times like these now and again. Even if you absolutely love trading, there are going to be situations that cause you to forget it. Sometimes you may even feel like you hate it. When you are facing that kind of distress, you may even think about going back to your day job and giving up on your dream of becoming a trader.

But you really do love trading. Sometimes you have to remind yourself of the reasons, and make a conscious effort to look for the positive aspects of trading. Here are 10 reasons why it pays off to be a trader—even during the hard times. Hopefully these reasons will inspire you to get back on the horse!

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Top 10 Reasons Binary Trading Is Great

We often focus on the bad side of the binary options industry. Which by now if you have been on our site long enough you know that there is plenty wrong with the binary options market of today. Dozens of trader complaints and allegations of scams and frauds are a daily feature here at the Binary Options Blacklist. Today we want to take a look at what can go right with binaries and why so many take the risks.

1. You get to work from home.

Who else can sit down to work in their pajamas? You do not have to commute through heavy traffic and waste time and money just getting to and from work. You get to enjoy the comfort of your home office. If you have a family, you get to spend more time with the people you love. That is all reward.

After you experience that, the thought of going back to work at an office somewhere downtown can feel like exile. So take a few minutes today to look around you at everything and everyone you love, and say your thanks for the opportunity to work from home.

2. You get to travel.

Another great thing about a “work from home” job is the fact that you do not have to work from home. You can take your computer with you anywhere you go. So if you have the budget for it, you can travel. You can go on extended trips, and bring your trading with you. If you are tired of the town where you live now, you can relocate without worrying about finding a job at your next location. You just bring the job you have with you. How many other people get that opportunity? Most people are tied to their locations, whether they like them or not, and are helpless to make a change in their scenery.

The trading platforms will be there no matter where you are. works as long as you have a strong internet connection. Trade anywhere.

3. You get to work on your own schedule.

While the market to some extent determines your schedule as a trader, there are many aspects of your schedule which you control. The best trading schedule is one which accommodates market action and your personal needs. If you want to be a morning trader, you can be one. If you are more of an afternoon person, then you can wake up later. If you are a night owl, you can report to work in the middle of the night. Being able to work according to your own body clock is much better for your health than being forced to conform to someone else’s schedule.

You also get to call the shots when it comes to your activities throughout the day. Want an early lunch? Take one. Want to skip lunch altogether? No problem. Need to take three hours in the middle of the day to go to an appointment or run errands? You can. The flexibility is unbeatable.

4. You can take time to be with your family and friends.

I know I mentioned this one earlier, but it really bears emphasis. If you work from 9-5, and maybe make it back home by 6 each day, you are missing out on hours of time every day with your children. If you have a stay-at-home spouse or partner or one who works part-time, you may be missing out on spending the whole day together. In a way, having to go to work each day at an office is like missing out on half the life you could have shared with your family.

Maybe you are not making a lot of money yet trading, and you may look at your bank balance sometimes in dismay. But you cannot put a price on time spent with the people you love. There is no way to replace that time, because it is finite. Each of us only gets so many years on this earth. Trading frees you to spend those precious years with family and friends, instead of spending each precious day with coworkers you do not care about. There are some things a high salary simply cannot buy!

5. Physical labor is not required.

Binary options trading requires a great deal of mental energy and a huge time commitment, but at least it is not physically taxing. You do not need to worry about getting to a point where you are physically unable to perform. On top of that, no one is waiting around to lay you off because you are “too old.” So no matter what age you are, you can trade, and you can trade for the rest of your life if you want to.

6. You get insights into economics.

One of the things I have always loved about trading is everything I learn from it about economics. For some reason, economics is a field where people love to delude themselves that they know more than they really do. It is always a great feeling when you know better. The next time someone is at a party trying to impress you with their amazing (and nonexistent) knowledge about why the great recession happened or where the oil market is going, you will not be taken in for a second. Even better, you can correct their misapprehensions and do it with style.

7. Trading is a “sexy” occupation.


Filing clerk. Retail associate. Office administrator. There are a lot of occupations out there that are not particularly … well, sexy. You don’t wow anyone at a cocktail party by announcing that you work at the unmentionables counter at your local department store, or that you order inventory for a corporate office.

When you tell people you are a daytrader, though, you can be sure that people will stop and listen. Trading is an occupation that movies are made about. There is definitely a mystique surrounding it, and you get to embody that. In fact, you are part of a very small elite group of people who can actually make a living at a high-risk activity that requires serious expert knowledge to excel at. How awesome is that?

8. You have a chance to achieve real financial freedom.

This is one of the main reasons to be a binary options trader! In fact, it was probably the top reason you had in mind when you first started trading. If you have not been making a lot of money trading lately (or ever), it is an easy one to forget. You may feel like “free” is the last thing you are—but all new traders have to go through that phase.

It is worth reminding yourself that financial freedom is worth it. If you were working your 9-to-5 job right now, you might feel a little more comfortable, but over the long run, what would your prospects be? How much could you actually hope to save each year (if anything)? Would you ever get to a point where you did not worry everyday about paying your bills and just getting by?

Trading is a road to true financial freedom.

It may take you a while to get to where you want to be, but eventually you may be able to make far more money than you ever would have as a 9-to-5 employee. You do not have to wait around for someone else to give you a pay raise. It is all based on your own hard work and your own schedule.

There is no ceiling to how much you can make, given that circumstances align in your favor and you make the best of them. Someday you may make enough through exponential gains to say goodbye to your financial worries forever.

9. Personal freedom is achievable too!

Financial freedom is really only the start. You can only begin to imagine the ways that trading can transform your life. Think for a moment about all the ways in which a 9-to-5 job constrains your life. It is more than just which hours you work and where you are spending your time and who you are spending it with.

It is also how you dress and present yourself, how you speak, what you say, what you post online, what interests you profess, what opinions you communicate, and so much more. Wouldn’t it be nice if you could post on Facebook without worrying that your employer is checking out your feed? Wouldn’t it be great if nobody looked at you funny at work because you cut your hair, or because you accidentally mentioned who you voted for in the last election?

When you have financial freedom, you not only have the freedom to stop worrying about your bills, but you also have the freedom to be yourself. And that is something which is absolutely priceless. That is one of the greatest joys of being a trader—true autonomy, and true individuality.

10. You can give something back.

I am of the belief that there is nothing greater you can give the world than the simple gift of being the best version of yourself you can be, and trading gives you the means to do just that.

But along the way, you may realize that you want to help people. And if you do, you will be able to, because you will have the financial resources to make a difference in other peoples’ lives. You can donate to charity or create one yourself. Or you can invest your money into developing solutions to world problems or creating something beautiful and unique which the world has never seen before. These are all means of giving something back.

So next time you are feeling down about your trading, read this list and remember all of the awesome things about trading. There really is no other occupation on the planet that grants you so much freedom and flexibility. Not only can it be a financially lucrative profession, but it also can grant you so many wonderful advantages that go far beyond the money. Trading gives you the freedom to be yourself and live the life you truly desire—and you may even help others to do the same!