I do not just practice forex as a hobby. It is my life. I literally do not know what i would be doing if I did not know forex trading. I am getting more money that I would have if I was doing a normal job. Not saying that forex is not normal but it is certainly unique. You can make the most of it if you dedicate your time to it. Do it fulltime for the best rewards. This does not apply to all people though. Others do not do it fulltime but still get a lot of money in return.
Unlike you. Forex trading is my hobby. Ilike trading. It really challenges my mind. When I got into it I knew what exactly to expect. Some people say that forex is a mind game. If you do not have waht it takes to ponder eberything fast then you are done for. This is what beginners really face. Expecting a alow profit from forex is good but your expectation is just too low. I see that you are trading with the lowest risks possoble.
Some people actually depend on forex trading as their source of income. They do not take it as a hobby but as work. They are the ones who usually become the professional traders. Personally I fee like they are the right to do so. Forex trading can really earn you a lot only if you take it seriously. You should trade with high expectations that are realistic.
Knowledge is what we need to get the best fromforex. If you qcquire all that knowledge and internalize it fully then you can get a lot more form forex apart from the little that you expect at the end of the year. You can even rach 180%. All you hvae to do is change your perspective and it will be possible.
To gert the most out of forex you need to trust yourself. Do not believe everything that people say about forex untill you find out for yourself. They are just people like you. Just because it did not work for them does not mean that it will not work for you. What you learn is what matters. Do not be too cared to trade with high risks because you are afraid that you will make huge losses.
It is nice to play it safe sometimes. You are trading with less riskd but sure profit. Some people do that to preven t losing a lot of money. You can go on like that untill you develp your skills well enough then you can go higher and get more profit.
Trust me you can get alot more than that. Forex trading can really earn you alot of profit. All you need are the proper strategies when trading. Proper planning also contributes a lot to how much you make. Try to develop them and see how things take you. Be a better traders than you are right now. not that you are not right but you can do better.
forex is a hobby with potential to be a full time job. Only if you want it to be, offcourse. When it's a simple hobby you don't worry about it that much, because you haven't invested that much. For me it was a hobby, then I quit my job to do it full time - but then understood that it's just too much pressure. so it's a hobby for me. it gives me decent income, yeah, but I treat it like a hobby. easier for me.
Maybe it's hobby, but it's very well paid hobby for everyone who is doing it in reality. I bet anyone would want to have such ability like in forex to do all that crazy things, correct? I bet you so, better forex will be like that in future for many years.
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.
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