Treat it as business... Easy to say, difficult to do

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  • #1 Collapse

    Treat it as business... Easy to say, difficult to do
    "when people say treat it as a business they mean: do your research, have a plan, be as systematic as possible, leave emotions out of the equation,...
    no need for a business degree there.

    How much funds do you need?
    depends on your system, how much money you need to live on, how much you want to leave in your account for further compounding and how much taxes you need to pay.
    ROI is never forecastable, in no company can you accurately forecast future ROI. Having ROI targets is generally a mistake, cause you can't "force" the market to give you profits. I pay myself once a year after I paid my taxes.

    These are just assumptions: Your post seems to suggest that you haven't found a consistently profitable system yet (if that is wrong, then I am sorry for that assumption). If that is true, then your questions are still way too early to even think about.
    Even if you found one, you should take a couple of years with that system to build up your account size to a really comfortable level before quitting your day job. You need to think about what happens if one or two years are losing years? You got the money to get by in those years?
    And of course, never ever borrow money to get your trading business started. That's a sure way to get into some serious personal debt or even bankruptcy"
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  • #2 Collapse

    You are right .. well this is a business the difference is of physical existance ... if we treat it like business our interest is more likely to develope.
    • #3 Collapse

      g han ku nahi ye kaam hum apni regular job k sath as a part time b kar saktay hain lekin kuch log ye kaam kartay to par time hain lekin bad me isay full time karnay lagtay hain.
      • #4 Collapse

        Yes right we should do the work with honestly and also we have to do the hard working if we want to get the success and easy trading business we should treat as a great trading business then we can make the best profit from it so easily.
         
        • #5 Collapse

          ji forex koi bacho ka khayel nahi hai ya sirf online trading nahi hai bal k its a real business ap yyaha pe apnay paisay invest krte ho according to rules.. ap forex ka knowledge hasil krte ho time spend krte ho then ap trading set krte ho tab koi profit ki shaka nazar ati hai
          • #6 Collapse

            g han brother bht achi baat ki hy app ny forex trading hy hi asia busniess jis main market ka kuch bhi nhi ota chalta har koi kah deta hy kah wo guru ho gya but mery nazdik guru wo hay jo knowledge kay sath game karta hy
            • #7 Collapse

              Ji ap ne sahi kaha k ise business ki trha treat karin.... kehne aur sunne main asan but karne main bht mushkil.... wese forex karne main bhi asan ho sakta hai... agar ap mehnat karin achi knowledge aur learning hasil karin.... ache plans banayen....acha analysis karin....tu ap trading easily kar sakte hain aur yahan successful ho sakte hain....
              • #8 Collapse

                ap forex ka knowledge hasil krte ho time spend krte ho then ap trading set krte ho tab koi profit ki shaka nazar ati hai.we should do the work with honestly and also we have to do the hard working if we want to get the success and easy trading business.
                • #9 Collapse

                  han bhai ap thek keh rhy ho humein pury plan k tehat he kam krna chahye hum agar ye smjh lein k ye koi easy business hai to hum aram se success asil kr skty hain to asa nh hot hai humein is mein mehnat krne prti hai
                  • #10 Collapse

                    jee bhai app sahi keh rahay ho forex trading business ko aik business samajh kar he karna chahiye sirf luck pe depend nahin rehna chahiye yahan humain apne knowledge aur experience ko sahi use karna paarta hai.
                    • #11 Collapse

                      اصل پيغام ارسال کردہ از: getwork پيغام ديکھيے
                      "when people say treat it as a business they mean: do your research, have a plan, be as systematic as possible, leave emotions out of the equation,...
                      no need for a business degree there.

                      How much funds do you need?
                      depends on your system, how much money you need to live on, how much you want to leave in your account for further compounding and how much taxes you need to pay.
                      ROI is never forecastable, in no company can you accurately forecast future ROI. Having ROI targets is generally a mistake, cause you can't "force" the market to give you profits. I pay myself once a year after I paid my taxes.

                      These are just assumptions: Your post seems to suggest that you haven't found a consistently profitable system yet (if that is wrong, then I am sorry for that assumption). If that is true, then your questions are still way too early to even think about.
                      Even if you found one, you should take a couple of years with that system to build up your account size to a really comfortable level before quitting your day job. You need to think about what happens if one or two years are losing years? You got the money to get by in those years?
                      And of course, never ever borrow money to get your trading business started. That's a sure way to get into some serious personal debt or even bankruptcy"
                      forex ko log bohot he easy samjhty hain lakin jab wo forex ko join karty hain or yahan py trading karty hain or unko loss ho jata hy tab unko pata chalta hy k forex kitna hard business hy isky liye learning must hy
                      • #12 Collapse

                        ji han aap ne sahe kha ke hume isse business ki trah treat krna chahiye lekin words se nae practically karna chahiye jaise emotions ko ya greed ko control karns kiunke ye kahna to asan hota hai magar karna bht mushkil hota hai.
                        • #13 Collapse

                          ha bahut se logo bih yahi kahte hai ki forex trading to asan kam hai usme koi risk nahi hai poar ye sirf bolana asan hai karna muskul hota hai kyuki wo log kabhi forex me trad karte nah hote hai warna uski pata chalata ki kitana muskil kamhota hai koi bhi busines aur forex me to khas muskil aati hai sabhi ko
                          • #14 Collapse

                            forex me hum is ko dekh sakty hain k ye behtreen business hai jiss me hum kam karty hain isi tarha say hum ko ye cheez ko samjh lena chahyek khum kuch kam kar sake.
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                            • #15 Collapse

                              g ha bhai aap ne teek kaha threat ek busness ha chahe urdu ma ho ya english ma threat threat hoti ha or jawab daina hamari zemma dari ha agr ham bonus gain krna chahetein hain tu

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