Forex is Hobby ?

Sep 14, 2017 at 14:18
8,199 Views
215 Replies
Member Since Sep 12, 2017   238 posts
Aug 11, 2021 at 13:22
for me it is definitely a hobby. Hobby which i do with my interst and hard work
Member Since Nov 19, 2020   12 posts
Aug 25, 2021 at 19:34
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.
Member Since Aug 17, 2021   94 posts
Aug 28, 2021 at 11:19
Its depends on you. For some it's a hobby, for some it's a part-time job.
Member Since Mar 28, 2021   617 posts
Aug 28, 2021 at 13:06
Forex trading should be taken seriously as it requires expensive skills and mindset ro make money by trading. If it's a hobby, the person may not be serious about to learn it.
Member Since Jul 19, 2020   751 posts
Aug 28, 2021 at 15:21
You can forex trading as hobby but it will not going to help you. Forex trading needs good understanding of the market. Otherwise you will lose all the money.
Member Since Jul 19, 2020   751 posts
Aug 28, 2021 at 15:22
You can forex trading as hobby but it will not going to help you. Forex trading needs good understanding of the market. Otherwise you will lose all the money.
Member Since Dec 26, 2019   20 posts
Aug 28, 2021 at 18:05
Forex definetely can be both: hobby and real profession. It depends on a trader's attitude to this, so, some of them spend really huge amount of time on trading and analysing the markets, working out new trading strategies and so on. However, some of the people just simply derive pleasure from trading. They like to spend their free time on looking at charts and gain some minor profits.
Member Since Mar 17, 2021   536 posts
Aug 30, 2021 at 08:47
Anayalmeena posted:
Forex definetely can be both: hobby and real profession. It depends on a trader's attitude to this, so, some of them spend really huge amount of time on trading and analysing the markets, working out new trading strategies and so on. However, some of the people just simply derive pleasure from trading. They like to spend their free time on looking at charts and gain some minor profits.
Yes. I am trading in forex as it is my main income source.
Member Since Apr 03, 2021   470 posts
Aug 30, 2021 at 23:23
Now I am not the only hobby but already become part of my working days, forex as a part-time job. but maybe some traders like forex as a hobby, in daily trading always looking the market and looking information related to forex, and sometimes start from a hobby in future can become main source income, if you like your hobby, learn more and will get something in life.
Member Since Jun 14, 2021   5 posts
Sep 01, 2021 at 05:21
@Walton I think this is the biggest mistake a trader can commit by thinking of forex as a hobby. Forex is not a hobby it is a business and if you are into it, it is better to take it seriously. What make traders professional is their willingness to master the Forex market. Forex trading involves making the right trading plan, employing right strategies, embracing challenges and most importantly making and losing money. These aspects are only present in a business not in a hobby.
Member Since Dec 28, 2020   187 posts
Sep 02, 2021 at 06:11
If you consider Forex as your hobby and trade for fun then you won't be successful much but if you take Forex trading very seriously then by time you will start making good Profits.
Member Since Jun 16, 2020   57 posts
Sep 03, 2021 at 10:07
@SarJohn Absolutely if people aren't serious about forex they can never make successful trades . Forex requires a lot of determination and focus, and keeping it as a hobby is never fruitful.
Member Since Jul 19, 2020   751 posts
Sep 04, 2021 at 06:05
@Sarjohn Yes we can not take forex as hobby. It is not a game to play. Here money is involed. You have to be serious in dealing with money.
Member Since Apr 16, 2017   39 posts
Sep 05, 2021 at 15:17
deanetellez posted:
@Walton I think this is the biggest mistake a trader can commit by thinking of forex as a hobby. Forex is not a hobby it is a business and if you are into it, it is better to take it seriously. What make traders professional is their willingness to master the Forex market. Forex trading involves making the right trading plan, employing right strategies, embracing challenges and most importantly making and losing money. These aspects are only present in a business not in a hobby.


Exactly right on the money
Member Since Jun 12, 2021   132 posts
Sep 07, 2021 at 11:41
i have never seen any person who already taken Forex as a hobby and got success from this trading place.
Member Since Jun 15, 2021   16 posts
Sep 08, 2021 at 07:55
@skihav but one wouldn't play with their money in the name of a hobby. What I think is that people who fail to earn profits and lose most of their money are forced by guilt to call forex their hobby, so that people don't judge them by their loses
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