For some but you need to follow the rules.
Do you have the luxury of not having to work or are tied to your occupation, effectively living from pay slip to pay slip. Does for you the word JOB actually mean Just Over Broke?
Apart from winning the national lottery or inheriting a deceased relatives fortune there are not many occupations that offer you the ability of taking charge of your financial standing.
If you want to gain your financial freedom and you would like to consider trading as a means of achieving them please read further.
So what does Financial Freedom mean to you? Well it probably means to some persons, unlimited duvet days. For others, it means doing the things you like to do when to do them. So how does trading make you financially self sufficient. Well for those who have knowledge and discipline you choose to work from anywhere that has a good internet connection. You do have to trade during times when markets are open but the financial markets are now global and you if you so wish trade the New York session from London or the London session from Sydney.
Furthermore, with the advent of retail Foreign Exchange Platforms such as Metatrader 4 you can trade the Forex market 24/5 through brokers who actually lend you their money to trade with.
Forward Guidance is a term that has been discuss in the financial press a great deal over the past few weeks. So what actually is Forward Guidance? Forward Guidance is a pledge with respect to the future interest rate policy made by Central Banks such as the ECB, Bank of England, Bank of Japan or Federal Reserve.
Short-term interest rates are control directly by G8 Central Banks, by means of their liquidity programs that lend to or borrow from the High Street banks overnight. In the UK for example the Monetary Policy Committee will decide to raise, lower or keep rates unchanged during the monthly meetings.
The Central Banks will use Forward Guidance as a tool to influence the markets by informing market participants what it plans to do with short term interest rates as long the economic environment remains the same or changes during the period in question.
Where Forward Guidance is making the headlines is that the world’s news based media portals such as Bloomberg and CNBC are now focusing on the every utterance of Central Bank heads, Ben Bernanke of the Federal Reserve, Mario Draghi of the ECB and the new Bank of England governor Mark Carney.