Aug 28 2021 at 11:19
Its depends on you. For some it's a hobby, for some it's a part-time job.
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.
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.
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.
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.
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.
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.
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
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.
Aug 31 2021 at 07:21
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.
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.
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.
@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.
@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.
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
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
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.
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.
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.
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
