Forex is Hobby ?

togr posted:
Forex could be a hobby and your source of income at the same time.

I have never seen a profitable trader who is treating this business as their hobby! All of they are using this financial market with a professional mental setup.

Forex is a lifestyle, you can do many more things just by dedicating yourself to this, and also you are growing intellectually because you keep yourself very informed of the news

To enter Forex market is so much easy. With little amount you can kick off trading at any place. But the main deal is surviving that is really difficult. Because this market is too much volatile and no one can predict the real faction of this market with surely. so we have to pass a long time in here , if we want to get maximal result from here.

Well, Forex trading business is the most standard way of money making! It’s not easy actually! So, you are not sure about your success please don’t take this profession as your full time job! Start your trading as a part time trader, then move here according to your live trading performances! If you get regular income then surely you can stay here as like others newbie!

Adribaasmet posted:

togr posted:
Forex could be a hobby and your source of income at the same time.

I have never seen a profitable trader who is treating this business as their hobby! All of they are using this financial market with a professional mental setup.

Than look at my picture :)

Wise man said. The happiest man whose work is his hobby. Make your own conclusions gentlemen.

NoahB posted:
Wise man said. The happiest man whose work is his hobby. Make your own conclusions gentlemen.

I've always had mixed feelings about that saying. Even when you like your job you have to take it seriously.

NoahB posted:
Wise man said. The happiest man whose work is his hobby. Make your own conclusions gentlemen.

Not an easy way to get there though

mlawson71 posted:

NoahB posted:
Wise man said. The happiest man whose work is his hobby. Make your own conclusions gentlemen.

I've always had mixed feelings about that saying. Even when you like your job you have to take it seriously.

That’s really true; such as, I like cricket! But, it’s not easy to practice each and every morning!

Forex market is the largest and most liquid market in the world! In addition, in order to the Bank of International Settlements, Forex trading increased to an average of $5.5 trillion in a day! That means, there is no question on reliability and transparency! But, it’s true trading without proper knowledge and experience is risky! So, if you are a novice trader, study more to reduce your risk reward ratio!

AniLorak posted:

mlawson71 posted:

NoahB posted:
Wise man said. The happiest man whose work is his hobby. Make your own conclusions gentlemen.

I've always had mixed feelings about that saying. Even when you like your job you have to take it seriously.

That’s really true; such as, I like cricket! But, it’s not easy to practice each and every morning!

That is not the comparison that I had in mind but it most definitely applies to the situation.

in Fx Learning is the foremost ways to keep survive in this volatile trading place in a proper way. But sorry to say maximum traders who are particularly newcomers try to make money from here without learning. As a result they become loser when trading practically. It would be great if we choose the broker which always ensures best trading environment for learning this trading place by providing exclusive educational facilities.

Imamul posted:
in Fx Learning is the foremost ways to keep survive in this volatile trading place in a proper way. But sorry to say maximum traders who are particularly newcomers try to make money from here without learning. As a result they become loser when trading practically. It would be great if we choose the broker which always ensures best trading environment for learning this trading place by providing exclusive educational facilities.

Yes, brokers offer few educational features! But, it’s not enough! You have to build your profitable system according to your own knowledge & experience!

Forex is the best platform for everyone here we can make money easily , but it is more appropriate to ensure a best trading environment for acquiring proper trading knowledge which is the key to success in this trading platform.

Mohammadi posted:
Forex is the best platform for everyone here we can make money easily , but it is more appropriate to ensure a best trading environment for acquiring proper trading knowledge which is the key to success in this trading platform.

BS
Forex is NOT a platform.
There are various ways of trading forex, usually using some of the platform like MT4.
I see you are repeating this msg over all forums
...
 a best trading environment for acquiring proper trading knowledge which is the key to success in this trading platform.
...
It is BS as well.

I am very sceptical of Forex brokers educational material. If it is a bucket shop broker then they want you to lose money! So why would they give you the good stuff

Gold101 posted:
I am very sceptical of Forex brokers educational material. If it is a bucket shop broker then they want you to lose money! So why would they give you the good stuff

This is why one should make sure they're not using a bucketshop to trade. And to double check whatever information you get from other sources too.

Gold101 posted:
I am very sceptical of Forex brokers educational material. If it is a bucket shop broker then they want you to lose money! So why would they give you the good stuff

Not to mention
@Imamul and @Mohammadi are repeating this sentence - about broker education - which is nonsense on every forum.

For some people it is a hobby, something that they do not take into account as their main work as well as trading. But it's good to see that not everyone takes it that way, what happens is that there is still no credibility in this type of business.