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Forex is Hobby ?

AliForexTalks
Aug 28 2021 at 11:19
94 posts
Its depends on you. For some it's a hobby, for some it's a part-time job.

Akasuki
Aug 28 2021 at 13:06
500 posts
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.

UweMoench
Aug 28 2021 at 15:21
751 posts
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.

UweMoench
Aug 28 2021 at 15:22
751 posts
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.

RobSchiz
Aug 28 2021 at 15:28
567 posts
Akasuki posted:
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.

If you want to become a successful trader, you have to take it seriously.

Anayalmeena
Aug 28 2021 at 18:05
20 posts
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.

SteveHanks
Aug 30 2021 at 08:47
536 posts
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.

Unellene
Aug 30 2021 at 16:22
283 posts
here you need to understand that everyone has their own attitude to forex, for some it is a hobby and true, but for others it is like a source of income

Suradi (FXOday)
Aug 30 2021 at 23:23
284 posts
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.

WaltonCharles
Aug 31 2021 at 07:21
144 posts
Unellene posted:
here you need to understand that everyone has their own attitude to forex, for some it is a hobby and true, but for others it is like a source of income

You should think very seriously to survive in this market.

deanetellez
Sep 01 2021 at 05:21
5 posts
@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.

Sar John (Sarjohn)
Sep 02 2021 at 06:11
187 posts
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.

Tradextol
Sep 03 2021 at 10:07
57 posts
@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.

UweMoench
Sep 04 2021 at 06:05
751 posts
@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.

Unellene
Sep 04 2021 at 16:23
283 posts
Sarjohn posted:
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.

some, even with regard to hobbies, can make a great profit, it all depends on your actions and the general plan for work

Maidas888
Sep 05 2021 at 15:17
33 posts
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

AndrewMcCalam54
Sep 07 2021 at 11:41
105 posts
i have never seen any person who already taken Forex as a hobby and got success from this trading place.

skihav
Sep 07 2021 at 13:24
801 posts
Everyone approaches this issue from their own point of view. For many, trading is the only way to make money, for some it is just a hobby.

RobSchiz
Sep 07 2021 at 20:29
567 posts
skihav posted:
Everyone approaches this issue from their own point of view. For many, trading is the only way to make money, for some it is just a hobby.

I take this as my main business. I believe if you give time in this market, this will give you money.

mattieharper
Sep 08 2021 at 07:55
16 posts
@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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