Ekaterina Fechina
Company Representative
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Forex for 60+: what the future brings for senior traders on the market
Very few people know that one of the most impressive success stories on Forex belongs to an elderly
woman from Germany - Ingeborg Motz, who earned a million dollars. She does not plan to stop there! In
general, there are quite a few senior age traders who can showcase successful trading and
feel very comfortable on the market.
The example of Frau Motz demonstrates that even after retirement you still can learn a new profession
that will bring a steady income. After all, retirement is not a sentence, and anyone can come to financial
success on Forex! If your age has reached 60+, but you continue to follow the news and understand what
is happening in the world of finance - Forex can become your reliable assistant and friend.
Forex as a workout for the brain. As we know, over time not only our bodies age but also our brain.
While regular sport can help strengthen the body, exercise for the "head" is much more difficult to find.
It is Forex trading that can become a good brain workout as it incorporates everything - reading literature,
forum communication with other traders and solving the puzzle of trading itself.
In addition, young people are more prone to being excessively emotional and tend to haste in actions and decision making. These qualities are considered the main enemies of successful Forex trading, for even professionals make these mistakes. Senior people, on the contrary, are less likely to be rushed, they are more disciplined and thoughtful. These very qualities can become the key to success on the market.
Technology is the future. Such thing as Age Tech already exists - it's a whole market, huge and constantly growing. Its size is estimated by the experts at trillions of dollars. Today, 67% of seniors confidently use the Internet, 46% are smartphones owners. Technologies for older people are attracting more and more attention due to the aging of the population on the planet, and in a few years the market may be filled with technological inventions that can be useful not only in an everyday life, but also on Forex! Today we're giving you some interesting examples.
• Voice Assistant. Many experience problems using keyboards or touchscreens due to vision problems.
Voice assistants will remove this barrier - they will qualitatively recognize the speech of older people and
perform assigned tasks.
• Robot Assistants. Perhaps, in the future Forex robots will be able to act not only as virtual advisers or
programs. Even today, there's a growing market of real robots capable of carrying out small tasks at home and being a companion for an elderly person. They, for instance, can make calls, can talk and perform small functions. Thus, in the future the functionality of robots can be expanded, and in the end, they will be able to fulfill more serious requirements of their masters.
With advanced technology and fondness for markets, Forex can be accessed by absolutely everyone! Do
not miss your chance to write your own success story with the convenient conditions of reliable Forex.ee broker.
Very few people know that one of the most impressive success stories on Forex belongs to an elderly
woman from Germany - Ingeborg Motz, who earned a million dollars. She does not plan to stop there! In
general, there are quite a few senior age traders who can showcase successful trading and
feel very comfortable on the market.
The example of Frau Motz demonstrates that even after retirement you still can learn a new profession
that will bring a steady income. After all, retirement is not a sentence, and anyone can come to financial
success on Forex! If your age has reached 60+, but you continue to follow the news and understand what
is happening in the world of finance - Forex can become your reliable assistant and friend.
Forex as a workout for the brain. As we know, over time not only our bodies age but also our brain.
While regular sport can help strengthen the body, exercise for the "head" is much more difficult to find.
It is Forex trading that can become a good brain workout as it incorporates everything - reading literature,
forum communication with other traders and solving the puzzle of trading itself.
In addition, young people are more prone to being excessively emotional and tend to haste in actions and decision making. These qualities are considered the main enemies of successful Forex trading, for even professionals make these mistakes. Senior people, on the contrary, are less likely to be rushed, they are more disciplined and thoughtful. These very qualities can become the key to success on the market.
Technology is the future. Such thing as Age Tech already exists - it's a whole market, huge and constantly growing. Its size is estimated by the experts at trillions of dollars. Today, 67% of seniors confidently use the Internet, 46% are smartphones owners. Technologies for older people are attracting more and more attention due to the aging of the population on the planet, and in a few years the market may be filled with technological inventions that can be useful not only in an everyday life, but also on Forex! Today we're giving you some interesting examples.
• Voice Assistant. Many experience problems using keyboards or touchscreens due to vision problems.
Voice assistants will remove this barrier - they will qualitatively recognize the speech of older people and
perform assigned tasks.
• Robot Assistants. Perhaps, in the future Forex robots will be able to act not only as virtual advisers or
programs. Even today, there's a growing market of real robots capable of carrying out small tasks at home and being a companion for an elderly person. They, for instance, can make calls, can talk and perform small functions. Thus, in the future the functionality of robots can be expanded, and in the end, they will be able to fulfill more serious requirements of their masters.
With advanced technology and fondness for markets, Forex can be accessed by absolutely everyone! Do
not miss your chance to write your own success story with the convenient conditions of reliable Forex.ee broker.