Forex is Hobby ?
Miembro desde Sep 12, 2017
posts 238
Aug 11, 2021 at 13:22
for me it is definitely a hobby. Hobby which i do with my interst and hard work
Aug 25, 2021 at 19:34
Everything is quite individual I think. Some people can claim that forex is kind of hobby for them, they just trade on the forex market to relax from tought working day, while other people state that forex trading is their primary activity which bring them money and afford them to stay financially stable. I suppose that every human being who once thought of starting trading activity, should understand for himself what is forex. Whether it's just a hobby or just an activity which he wants to learn or it's a real work and he is ready to dedicate the plenty of time to it. Nevertheless, in both cases approaches to trading shouln't be changed.
Miembro desde Aug 17, 2021
posts 94
Aug 28, 2021 at 11:19
Its depends on you. For some it's a hobby, for some it's a part-time job.
Miembro desde Dec 26, 2019
posts 20
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.
Miembro desde Mar 17, 2021
posts 536
Aug 30, 2021 at 08:47
Anayalmeena posted:Yes. I am trading in forex as it is my main income source.
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 23:23
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.
Miembro desde Jun 14, 2021
posts 5
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.
Sep 05, 2021 at 15:17
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
Miembro desde Jun 12, 2021
posts 132
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.
Miembro desde Jun 15, 2021
posts 16
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
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