LeonRocky3
Miembro desde Jan 13, 2021
posts 29
Feb 14 2021 at 22:48
I'm hoping in a few weeks I'll be able to have a second income from my trading
Willemcurtis
Miembro desde Jun 22, 2020
posts 26
Feb 15 2021 at 10:30
fafduplesis posted:You are correct but you don’t have to deposit huge amounts. You can start with a low amount of $5 also. I myself started with $10. I can agree that this depends on the broker only. Maybe that’s why I didn’t have to start with heavy amounts. I still trade through Turnkeyforex and XM and I have profits very frequently but I have a different source of main income also, because I still don’t consider myself that experienced.Willemcurtis posted:Also, you need money to trade which you'll only get if you have an income source. Once you have profits, you can continue to trade with them only.Stonesong posted:It’s good to start forex alongside your main income, because initially you tend to lose money as you are in the middle of the learning process.
At the moment, forex is an additional income for me, but I think that over time I will gain experience and practice and will be able to make it my main income.
fafduplesis
Miembro desde Nov 12, 2020
posts 25
Feb 15 2021 at 12:39
Willemcurtis posted:I think I have to try other brokers too so that I can also make profits on low deposits. Right now I am paying a lot in the name of commissions.fafduplesis posted:You are correct but you don’t have to deposit huge amounts. You can start with a low amount of $5 also. I myself started with $10. I can agree that this depends on the broker only. Maybe that’s why I didn’t have to start with heavy amounts. I still trade through Turnkeyforex and XM and I have profits very frequently but I have a different source of main income also, because I still don’t consider myself that experienced.Willemcurtis posted:Also, you need money to trade which you'll only get if you have an income source. Once you have profits, you can continue to trade with them only.Stonesong posted:It’s good to start forex alongside your main income, because initially you tend to lose money as you are in the middle of the learning process.
At the moment, forex is an additional income for me, but I think that over time I will gain experience and practice and will be able to make it my main income.
Chelsea Blacks
(blackChelsea)
Miembro desde Jan 22, 2021
posts 125
Feb 19 2021 at 12:12
Yes, for me it is! This gives me financial freedom.
LeonRocky3 posted:Thats a reasonable goal too many people get caught up with the FX IG BS !!
I'm hoping in a few weeks I'll be able to have a second income from my trading
GeorgeBischof posted:Well done my friend.
Forex is my one and only income source. I can make profit consistently from this market with my knowledge adn skills.
I hope someday to go FT i rhink its the end goal of everyone here
EllisParker posted:Very good point dont put your eggs in one basket so to speak
Its better as part time than full time for me, keeping the risk in mind. Can't totally depend on it for income purpose.
Adribaasmet posted:Keep trying mate use a FX Simulator to fast track those hours of practice
may be i saw same post in elitetrader Forum , by the way i always try to take my first choice as Forex but failed honestly so many times.
blackChelsea posted:This financial freedom is only the target or motivation that drives a trader here. Keep that going, aim for consistency and you'll go a long way in this field.
Yes, for me it is! This gives me financial freedom.
Vanza Dorbey
(vanzadorbey)
Miembro desde Jan 17, 2021
posts 31
Feb 20 2021 at 09:20
You %80 percent of traders are in financial debt rather than financial freedom.
SofieAndreasen
Miembro desde Jul 23, 2020
posts 759
May 03 2021 at 21:20
Start as a part-timer but aim for becoming a full-timer in the forex market.
LukeRachel
Miembro desde Mar 16, 2021
posts 477
May 04 2021 at 00:50
It is possible to make a lot of money from forex trading. But I think of it as a second source of income. Because Forex trading gives me a lot of financial support.
Fordrerne posted:Yes I think so too, but the main point is about skill trading, although having huge capital but not supported by good skill, it will losing money, built up a good mindset indeed can improving trading skill, forex business can become the second source of income if trader already reached level profitable trader, but for losing trader forex is risky business. we also need to measure our own ability about this matter.
I think that forex can become not only a source of additional earnings - it all depends on your desire, lifestyle and, what to hide, your financial possibilities, because good profits are usually provided by good capital...
GabyForex007
Miembro desde May 05, 2021
posts 2
May 05 2021 at 06:50
Kip1990 posted:Hi Kip1990, I think your idea is very visionary one. You may kindly visit my post and also check the systems available.
I thought of trusting someone to manage my funds even as I learn.
So I would like you to introduce me to the best account managers
Best regards.
Right now it's my first source of income. But to make it a main source of income, one needs time. It doesn't happen overnight. A lot of study and research is needed to understand the market.
Well said Akasuki, understanding the market is the first key towards success. With a little more understanding of risk management approaches to investments, much confidence on continual success can be imbibed.
Succeed Through Persuasion
CraigMcG2020
Miembro desde Jul 20, 2020
posts 353
May 06 2021 at 12:55
GitHubRobot posted:
Well said Akasuki, understanding the market is the first key towards success. With a little more understanding of risk management approaches to investments, much confidence on continual success can be imbibed.
Completely agree and then psychology comes with experience. Persistence is the biggest key
LukeRachel posted:I take it as my main income source.
It is possible to make a lot of money from forex trading. But I think of it as a second source of income. Because Forex trading gives me a lot of financial support.