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Forex is Hobby ?

Sep 14, 2017 at 14:18
6,614 Views
227 Replies
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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