It’s a question with multiple aspects and before we answer the question, it may be better to focus on some basic thoughts. What do you consider to be the middle class and what are the criteria for categorization of these people?
Middle class, it’s probably a subjective idea. Through different economies, the middle class can develop different characteristics. That’s why it’s essential, for further analysis of the issue, to have self-awareness and realism.
For the purposes of this article, we will define a basis through which our central idea will evolve. And for a better flow of our idea, we will develop our social class pyramid. At the bottom of the system are the people of poverty who are struggling to secure the essentials, while in the second level, the middle class is classified. At the top of the class system, are those who possess accumulated wealth.
Focusing on the essence of things and the middle class it’s important to understand that some of the people who are in the second tier have the ability to take the above step and climb to the superior level of the pyramid. At the same time, however, there is also the possibility that they will be at the lowest level. Another crowd of people will just maintain their position.
And we explain.
We could consider that people who are satisfied with their possessions will hardly take the risk of achieving a change, in an existing situation that serves them to the maximum. It’s these types of people who choose this inertia of life.
However, those who wish for more than just meeting their needs will gather strength and chase change. They’re capable of taking risks to take the next step. They will go after every opportunity knowing, however, the risk posed by these practices and expectations.
The current social system always gives opportunities and offers the means through which an entity can pursue its development. It’s a social opportunity system, a polymorphic system capable of bringing a change in a few seconds.
How is all this connected to trading?
Quite simply, trading is another of the many options offered by the system, capable of providing you with the means to go after your goals. Let us make it clear at this point that the social system generally offers economic, social and cultural opportunities. Fields through which people can begin their journey to flourish. When you are conscious and aware of your actions, then you can more effectively manage the risk you will take.
In the end, should the middle-class start trading?
The answer obviously has nothing to do with the middle class. It’s more about people’s beliefs. Are you the type of man who belongs to the middle class and wants to take the next step?
Then dare to chase your dream!
This article was written and submitted by eXcentral.
Disclaimer: This material is considered a marketing communication and does not contain, and should not be construed as containing investing advice or a recommendation, or an offer of or solicitation for any transactions in financial instruments or a guarantee or a prediction of future performance. Past performance is not a guarantee of or prediction of future performance.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.81% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.