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Is trading for living possible?
会员从Apr 09, 2019开始
516帖子
会员从Oct 19, 2021开始
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Dec 15, 2021 at 20:11
会员从Aug 24, 2020开始
11帖子
Theoretically, it is possible to earn your living because of trading. However, that is not the simpliest task on earth, to put it mildly. First of all, you need to possess all the knowledge and skills which are necessary for making decent and consistent profits. Consistency is of utmost importance in trading, especially if you want it to become your main source of income. You need to plan your life and it is impossible to plan if you cannot predict your future returns from the market. More than that, consistency helps you evaluate your trading in a more or less objective way in order to make some alterations to make your trading strategy better and more profitable. Secondly, you need to work on your psychology and your ability to stay away from your feelings. All the trading decisions should be made on the basis of common sense and when it is affected by emotions, your trading results will be not so bright. Finally and most importantly, you need to have a huge trading budget. It is impossible to earn a good living investing only $100 consistently and enough. If you are a good trader, you can expect to make about 5% of your deposit every months, so if you want to make $1000 each month, you have to deposit not less than $20000.
Dec 15, 2021 at 22:59
会员从Mar 24, 2020开始
80帖子
Theoretically, it is possible to earn your living because of trading. However, that is not the simpliest task on earth, to put it mildly. First of all, you need to possess all the knowledge and skills which are necessary for making decent and consistent profits. Consistency is of utmost importance in trading, especially if you want it to become your main source of income. You need to plan your life and it is impossible to plan if you cannot predict your future returns from the market. More than that, consistency helps you evaluate your trading in a more or less objective way in order to make some alterations to make your trading strategy better and more profitable. Secondly, you need to work on your psychology and your ability to stay away from your feelings. All the trading decisions should be made on the basis of common sense and when it is affected by emotions, your trading results will be not so bright. Finally and most importantly, you need to have a huge trading budget. It is impossible to earn a good living investing only $100 consistently and enough. If you are a good trader, you can expect to make about 5% of your deposit every months, so if you want to make $1000 each month, you have to deposit not less than $20000.
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Dec 31, 2021 at 02:13
会员从Mar 28, 2021开始
586帖子
croisssan posted:
It is quite possible, of course. But it is also worthwhile to understand that this option has its own risks and difficulties.
I am strongly agree with this above statement.I think Forex business is very critical business So if you take risk with out knowledge you will be losers in Forex market.
会员从Oct 29, 2021开始
69帖子
Jan 05, 2022 at 04:11
会员从Oct 29, 2021开始
69帖子
It is possible, but it requires a lot of hard work, dedication, and risk management. You have to be able to make quick decisions, have a firm understanding of the markets, and handle losses. There is no guarantee of success, but it can be a very lucrative career if you are successful.
会员从Aug 05, 2021开始
394帖子
Jan 10, 2022 at 15:52
会员从Aug 05, 2021开始
394帖子
It's definitely possible, but not something you can jump straight into. You'd need a sizable investment, to be well-educated, have a great trading plan, etc. I see a lot of people looking to quit their jobs and do this, but I'd recommend trading and working for some time until you're sure you can bring in enough profits. It's also important to have money in savings since you don't get a guaranteed paycheck for trading if you have a bad month.
会员从Nov 20, 2021开始
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会员从Nov 06, 2018开始
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Jan 11, 2022 at 13:50
会员从Nov 06, 2018开始
81帖子
Michihito posted:
Trading for living is possible. But for that first you have to be consistent in profit making. As trading requires investment, so you need good back up income. It's not like other business. Here you have to be skilled enough. The concept is it needs time, dedication, determination and good understanding to get the control of it.
Yes it is possible, but trading for a living is hard. Make sure you have savings before you do this, otherwise you will be trading to make a living and put pressure on yourself.

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