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Forex your second source of income
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Suarez

Member Since Jun 01, 2020  32 posts Suarez Jun 22 at 07:50
Mohammadi posted:
practice can make you perfect , but in Fx we practice at random in demo and got nothing ultimately. si, i recommend micro account for practicing.


Yeah that's a good way to practice for beginners after they have demo traded for a while. Requires quite less capital and is good for beginners.

Roberto21

Member Since May 02, 2019  286 posts Roberto21 Jun 22 at 12:22
Everything is uncertain in Forex market, so the newcomers always feel frustrated when trading. So before kickoff live account we have to make sure sufficient trading balance that can remove our frustration , otherwise it will be great difficult to survive in this volatile trading market.

EllisParker

Member Since Jun 24, 2020  24 posts EllisParker Jun 24 at 08:05
Its better as part time than full time for me, keeping the risk in mind. Can't totally depend on it for income purpose.

uxStyle

Member Since Dec 26, 2018  26 posts uxStyle Jun 26 at 17:10
It is a pity that many people forget that this format of earning, despite its apparent simplicity, has many features and nuances that require detailed study.
Everybody wants to see a quick profit and without much effort, but as I have understood over the years, the market does not like rush and false hopes.

Kazile

Member Since Apr 25, 2020  61 posts Kazile Jun 27 at 03:20
At this stage, forex is indeed an auxiliary source of income.

Dumuro

Member Since Apr 25, 2019  20 posts Dumuro (Dumuro) Jun 28 at 14:48
Yeah, I agree it's worth a try if you're at a dead end and you want to get to a new level of income. And if you take such a decision, you need to be well prepared for it - learn the basic concepts of the market, choose a pair of basic strategies and, of course, find a broker with an excellent reputation and reliable conditions.

Maveswyn

Member Since Feb 09, 2020  12 posts Maveswyn Jun 28 at 16:01
One user there already correctly noted that success in Forex as an additional source of income depends on three things.
First, it's your free time, only if you have enough time, you will be able to devote it to trading and learning.
Second, it's your finances. No, with $100 you will not be able to enter the market and earn enough money, you really need enough money.
Three, these are your skills. They can be improved and trained, but they're still important and their mastering requires a lot of your time.

Stonesong

Member Since May 13, 2020  65 posts Stonesong Jun 29 at 05:59
I try to speed up the moment when Forex will become the main source. And since Amarkets gives a good leverage, the profit is not bad.

first_time

Member Since Jun 22, 2020  34 posts first_time Jun 29 at 07:32
Yes, I would say it is my second source of income with my job being the first one.

Freddraven

Member Since Jun 29, 2020  4 posts Freddraven Jun 29 at 07:53
Until or unless you have dedicated yourself to practice demo trading,resist yourself from live trading and once done you can count it on as a second source of income for yourself.

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USDJPY 105.552 USDCAD 1.33866

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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.