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Sunday, January 16, 2011

Lazy Forex Trader Goofs off – 2 Week Maui Birthday Bash!

I might be the laziest Forex trader in the world. It’s been awhile since I had to work for money, because I’m a forex trader. After working a few weeks at 2 hours a day, I can take a month or two off if I want to. I frequently do so. This is possible because I not only trade forex, but also manage my money properly (read my post “What to do with Money so You Get Rich” for the full plan I follow)

How Can I be such a Lazy Forex Trader?

I simply follow the Forex Sailing trading method, which I teach on the rapidforex.com website.  By following this trading method for the past few months, it allowed me to totally goof off in Maui for an entire 2 weeks for my 31st birthday.

Snorkeling off the coast of Maui

The highlight of my spontaneous 2 week vacation was a snorkeling trip to the island of Molokini, off the coast of Maui. We went out on a glass bottom boat to a location with 50 foot deep crystal clear water & swam with tons of tropical fish and sea turtles. After a few hours of snorkeling, we enjoyed a deluxe BBQ on the ship with an open bar. It was tons of fun!

2 Weeks Without Trading Forex

For the past 2 weeks, I didn’t open a single forex chart. I completely took off from trading because I wanted to celebrate my birthday & my brother’s together before he moved to Texas. During this time, we circled Maui several times on our mopeds, went hiking in tropical rain forests, went to nightclubs at night & just had fun!

Living to Trade vs Trading to Live

Although forex trading online is incredibly interesting to learn and can be incredibly lucrative, once you know how to do it, it’s actually kind of boring. I place trades so I don’t have to work at a regular job. I’d much rather be out snorkeling on the reefs of Maui, cruising on my moped, hiking in the bamboo rainforests, or doing whatever I feel like doing.
I actually get to the point where I have “enough” money and lose my motivation to make more. I can do whatever I want, whenever I want because I trade forex. I normally do this with 20-60 minutes of looking at charts daily. 3 days out of 5, I don;t even have an active trade placed.
Having fun in the sun is simply what I like to do. Other people enjoy doing various activities such as golfing, skiing, cycling, travel, spending time with their family, and a million other things.

What Do You Want to Do?

In my early 20’s I was making over $1 MILLION a year. I never took the time to think about what I wanted. I chased money for money’s sake. I ended up working really hard, but never “getting there.”  Now I do whatever I want and have more than enough money to do everything I want to do. I can teach you how to trade forex in 75 minutes, but only you can decide “What do You Want from Forex Trading?
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