What do you wish to achieve through forex?

I have long realized that unless one is scalping most of the trading process requires simply sitting and waiting.

Of course I'll be wishing for a good return especially that this has been a good source of income to others, so I am also hoping that it will also the same on my case. As of now I am trading with https://www.itrader.com/en/about and though there are just little returns because I am in small deal yet I am also looking forward to invest big amount if I am as professional as like some of you.

I wish I could join a team of pro traders one day:)

penelopeisla posted:
I wish I could join a team of pro traders one day:)

That is a pretty hefty ambition, I hope you manage to achieve it.

It is very simple really.
Make enough money to pay my bills and support my family.
Without going to daily job.
Have something new to learn every day.

a big house
a big car
an consistent income monthly

Freedom to work from home and be my own boss.

I wish to profit, it's really that simple. If I can profit consistently it would be even better.

I do worry how hard it is to profit. There seem to be so few traders that achieve this, even after years of work.

The success rate is IMHO about 5%
It is high number. What do I mean?
Show me another area when there is such high percentage of success. Be it politician, singer, writer or any other artist.

First of all, I would like to receive knowledge. Then find good friends. Maybe even find love. Have a family and teach Forex to my children.

Lol just kidding. 😇 😁
I want to make a lot of money.

In the present world from any other profession Forex trading is most comfortable and suitable to earn money in a proper way, but you have make sure some mandatory rules for that . but practically mostly traders are loser from here due to lack of exact trading knowledge which is the key to success in this volatile trading place. Besides good trading knowledge it is also important to ensure proper trading plan , money management , risk management and obviously a reliable support from a credible trading broker.

Jimmblack posted:
First of all, I would like to receive knowledge. Then find good friends. Maybe even find love. Have a family and teach Forex to my children.

Lol just kidding. 😇 😁
I want to make a lot of money.

I am glad you were kidding
But wish you good luck finding love with Forex :)
Perhaps a wife loving money...

Well, most of all and primarily money and more knowledge about forex markets that would help me with better trading strategies.

I wish to achieve knowledge, experience and off course money from Forex.

I think for most people it is all about the money. It is an interesting field to get into but at the end of the day I would rather just have the money and be sitting on a beach all day!

FrozenIcecream posted:
I think for most people it is all about the money. It is an interesting field to get into but at the end of the day I would rather just have the money and be sitting on a beach all day!

Don't we all wish that? Living the beach life😁

Me too.. in a way this is a pointless thread. no one gets into forex because they want to spend hours looking at charts all day. we do it so that we can make money

Is it just me or is there something ironic about trading on the financial market in order to try and achieve financial freedom/independence?