It’s official – South Africa has fallen into another recession. This is the second time in the last decade and has seen the rand weaken against the rest of the world’s currencies.
On top of this, inflation has surpassed the average wage increase, meaning you’re earning less, what you’re buying costs more, and your savings are shrinking.
All in all, it’s not looking good.
So, maybe working the usual 9-to-5 job isn’t the answer? Maybe it’s time to think outside the box.
Ever heard of the Foreign Exchange, or Forex, market? It’s the digital place where all currencies across the globe are bought, sold, and changed between each other.
As you can imagine, a lot of money is changing hands in our modern world all the time. In fact, more than 68 trillion rand is traded daily on the Forex market, making it the largest market in the world.
Banks have been making a quiet fortune on this market for some time, profiting off the movements of currencies as they ebb and flow from news announcements.
And so have currency traders.
The Forex market gives traders the opportunity to make a tidy second income to support their day to day lives, or potentially a way to leave their 9-to-5 job and become a full-time trader.
Because it’s a global market, you’re not restricted by the whims of your local currency – You can trade on any currency across the world at any time.
And you can trade when currencies are going up or down.
This makes the Forex market recession-proof. Which means, if you trade Forex, you’re also recession-proof.
The people that know of the Forex market often believe that trading in currencies is a complex business as well as a risky one.
But Learn to Trade have developed easy-to-use software with built-in risk management systems that make trading easy and protect your money.
SmartCharts will notify you which currencies are good trades and which ones aren’t. It’ll notify you when news reports or announcements that are likely to make the markets move. And it’ll ensure that no more than two percent of your trading fund is ever at risk.
The team behind Learn to Trade can show you how easy and safe these systems are by trading their own money right in front of you.
They’ll teach you their proven strategies to make money – All you have to do is copy them, and you’ll be successful.
Since its launch, Learn to Trade has been voted as the Best Forex Educator in South Africa, Europe, Australasia and in the UK in 2015, 2016 and 2017. It has won multiple awards from leading finance publications like World Finance Magazine and Wealth and Finance Magazine.
Find out how Learn to Trade can make you recession-proof by attending one of the free workshops across South Africa