We always advised by the senior traders and experts just for learning. but I think we the newcomers have to practice trading besides learning process. Demo account is more appropriate for them and as a learning Process newcomers can depend on Pips School.
keatonrichard posted: Different people have different perceptions so it solely depends on person to person whether they want to make Forex trading the only source of income or side business etc. There are a lot of factors on which this topic depends whereas in general, Forex trading is a great way to make income and gain some profits. Once you have good experience in it you can definitely consider it as the best source of income because practice and knowledge will make you perfect in making right decisions.
Spot on... Also if you can change an idea, to a plan, trade that plans effectively and makes money consistently out of it..... This in my eyes one of the best sources of income. As it solely rely on YOU and ONLY YOU!!
'you can be free, you can live and work anywhere in the world You can be independent of routine and you do not answer to anybody'😎
Success is not easy here; in my 1st year of trading I struggled a lot, but I didn’t lose my learning interest; as a result now I am making a decent amount of money! On the other hand, till now I am working on my trading skill.
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.