Many traders were here really want income. They prefer self-employed than salaried employees. That is why they prefer to self or trade forex.
i dont understanding friend why "were" because i think it will be were, are , will because i also believe this. anyway i think its really hard to depend only forex without vast knowledge but if it have then it may possible and also possible to earn huge but without vast knowledge its otr possible i think.
Forex trade is full or risks. The more risk a trader takes the more he can win or loose.To avoid risks in the trade of forex one must consider following things.
1 Put a Stop loss to the trade.
2 Study the market carefully and prepare the charts .
3 keep updated with the news and current market trends.
4 Always learn from your previous mistakes and try not to repeat them.
5 Trader should take calculative risks as per the requirements of the trade.
Can I be called a full time trader...hmmmm..I don't know( scratch my head)lol. I don't know if I will continue it or not but its the one I love doing recently...trading in Forex. Only time can tell if I can be a full time Forex trader one day. It depends...on theone...lol
Am still hibernating, will wake up one day, all depends on fate. Hope to see you all-soon! Miss you all friends!
everyone keeps talking about stop loss and the importance of using it but strangely all the full timers i know doesn't really use it. They don't even use TP. All SL or TP are done manually. Very seldom they will use the SL & TP function, only when they're going to be offline for long time.
for now I just trade Forex
I am still a student & I trade in my spare time
looking for earning my pocket money too
it's great that you are able to do this as a student and you will have a good future to this if you keep on studying on here. I wish i had this 10 years ago when i was a student.
I personally consider forex only as sort of investement and not as a main source of income. Because it's hard to get a consistent profit from it especially is you don't have a big capital.
it's great that you are able to do this as a student and you will have a good future to this if you keep on studying on here. I wish i had this 10 years ago when i was a student.
But you still have the best time to learn, don't you? And are you now working only in forex, I mean living from forex? How long do we need at least to be able to live only from forex generally?
I personally consider forex only as sort of investement and not as a main source of income. Because it's hard to get a consistent profit from it especially is you don't have a big capital.
Og cource but if you have a big balance you could win every month a income more than you work for three months i think forex is the best thing ever for wining the money easily from work
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