Day Trading for living..?

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Even though I work full-time, I still make more money on forex, than in the office. So it is possible, but risky though

In my day job I'm a content writer, so I figure if I can shift my writing to Forex as well as keep trading, I could work in forex full time without the relative risk of giving up my day job. Would that count as trading for a living?

shuaisu posted:
always have a full time job. sitting in front of a computer all day can kill you.

What if your job requires you to sit in front of a computer all day? Maybe I should take some time to make out my will...

I've been thinking about living from trading but it didn't work out at that time. Maybe now I got better, but still don't feel confidant about this idea.

I think you ca only do so if you have an EA that works well without supervision. Don't think that one exists so far. There is no absolute algoritm for making money.Or even if there is one, nobody will share it

Over six years profitable. Not going to quit my job as the compounding is amazing.

Leroy42 posted:
I think you ca only do so if you have an EA that works well without supervision. Don't think that one exists so far. There is no absolute algoritm for making money.Or even if there is one, nobody will share it

I agree with you.

I work full time during the day and trade forex during the night. It’s risky and we cannot deny it. This is why I have been very cautious about the steps I take and risk only that much money that I can afford to lose.

I think it's possible to trade for a living but would take a lot of time. Also, being that a paycheck isn't guaranteed, you would need some savings to fall back on in case you had a rough couple of weeks. It would also take a sizable investment to make enough to live on, although everyone's lifestyle is different so some would need to make more money than others to make a sustainable wage.

Success is based solely on experience. Trading is extremely difficult from a psychological/emotional point of view.

Making a living from day trading is a perfectly feasible career, but it's not easier or less work than a normal daytime job.

I hope someday I will be able to quit my full-time job and rely on day trading only. However, much still needs to be learned and practiced until it becomes reality. I’m still trading on a demo account and feel it needs to be prolonged because there are many nuances for me that are still unclear.