Trade and Travel – How to Live Your Dream – While Australians continued to suffer from draconian economic and travel restrictions until recently, most countries have now fully reopened their international borders in the wake of the coronavirus.
This is good news for the world’s army of aspiring travellers, who can now look to traverse the length and breadth of the globe while still retaining a viable and manageable source of income.
But how is this possible, and can trade and travel help you to enjoy the life of your dreams? Let’s find out!
Trade and Travel – How is it Possible?
Entities such as the forex market have become increasingly accessible to novice and part-time traders in recent times, thanks to technological advancement and the emergence of online platforms.
Similarly, the exponential growth of daily forex trading platforms has also coincided with the age of the smartphone, which has also made it easier for people to access the marketplace in real-time and from anywhere in the world.
So, you can now complete an MT4 download on your iOS or Android device, requiring only a compatible device and viable Internet connection to operate successfully. With the advent of 5G, you can also increase the speed and efficiency of your trades while on the move, enabling you to engage comfortably in high-frequency trading.
This is good news for travellers, who can now access the 24/7 forex market from anywhere in the world without compromising on the quality of their connection or the efficacy of each individual trade.
Of course, trading and travelling can still be challenging, so here are some tips and hints to help you operate more efficiently!
Create a Viable Trading Schedule: As we’ve touched on, the forex market is a 24/7 entity and one that is split into three geographic trading sessions. Different currencies see variable trading activity and volatility within these, so you’ll need to select your assets carefully and create a viable trading schedule that enables you to make the most of your trip!
Check the Wi-Fi Speed Before You Leave: Before you book any hotel or accommodation, we’d also recommend checking out the speed and type of their Internet connection. After all, the rollout of 5G connectivity hasn’t yet been fully carried out everywhere, so you’ll need to ensure that you can fall back on a reliable Wi-Fi or broadband connection.
Pack a Laptop Device Along with Your Smartphone: The very best trading set-up for travellers should involve multiple devices, as this provides coverage in instances where your smartphone or mobile Internet connection fails. So, we’d recommend packing a portable laptop such as the Apple MacBook Pro, which can be connected manually to the Internet where necessary and afford you access to more powerful trading devices.