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Forex is Hobby ?
Member Since Sep 12, 2017
232 posts
Aug 25, 2021 at 19:34
Member Since Nov 19, 2020
11 posts
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.
Member Since Aug 17, 2021
87 posts
Member Since Dec 26, 2019
20 posts
Aug 28, 2021 at 18:05
Member Since Dec 26, 2019
20 posts
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.
Member Since Mar 17, 2021
494 posts
Aug 30, 2021 at 08:47
Member Since Mar 17, 2021
494 posts
Anayalmeena posted:
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.
Yes. I am trading in forex as it is my main income source.
Aug 30, 2021 at 23:23
Member Since Apr 03, 2021
437 posts
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.
Member Since Jun 14, 2021
5 posts
Sep 01, 2021 at 05:21
Member Since Jun 14, 2021
5 posts
@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
Member Since Apr 16, 2017
37 posts
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
Member Since Jun 12, 2021
132 posts
Member Since Jun 15, 2021
16 posts
Sep 08, 2021 at 07:55
Member Since Jun 15, 2021
16 posts
@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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