Forex trading can be a good part time job. But you have to give dedicated time and effort to learn the art of trading. Trading itself is a part time job. You don't need too much time to do it. And if you know how to make money here, you also don't need to do other fixed job. You can earn good money here. But first you need to acquire proper knowledge and skills.
There are many traders out there that actually spent the most of their timing to the forex trading. But I can say that it will start off as a part time and the moment you are making a profit, you will switch to the full time trading, shall we agree on that?
I think whether part time or full time depends on the needs and preferences of every individual. Yet both kinds need time and effort. Even if we do it as part time,we gotta devote good time and effort to it.
robindude posted: There are many traders out there that actually spent the most of their timing to the forex trading. But I can say that it will start off as a part time and the moment you are making a profit, you will switch to the full time trading, shall we agree on that?
Could not be more true about this. But then again, sometimes traders tend to give up if they are not able to make the profit in the middle of their trading journey.
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.
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