Forex is a serious business. You can't take a serious matter as hobby. Here loss is involved. It's not like other pastime hobby in which there is no chance of losing money. You have to treat it as business and work hard to learn.
It depends upon your choice, availability of time and your skill set. Its a full time job for me which started as an hobby. If you love trading it will work out for you much better than the trader who trades with greed.
Everything is quite individual I think. Some people can claim that forex is kind of hobby for them, they just trade on the forex market to relax from tought working day, while other people state that forex trading is their primary activity which bring them money and afford them to stay financially stable. I suppose that every human being who once thought of starting trading activity, should understand for himself what is forex. Whether it's just a hobby or just an activity which he wants to learn or it's a real work and he is ready to dedicate the plenty of time to it. Nevertheless, in both cases approaches to trading shouln't be changed.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.