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it is not a full time business,it is a part time business. but it depends on the person whether he wants it as a part job or not.this is a very risky business,so to be successful you will have to take risk.it is not that kind of business in which you only make profits.loss is also a part of this business.unless you are not sure about making profit.this cannot be a full time business.
it's good if you can do trading full-time as a full-time trader must have a system that they rely on to achieve a profitQuote:
Originally Posted by pgidia
full time trading has more risk..if u think u have good ability and knowledge than full time trading will be not risky,,,in part time trading there is little risk and also little gaining in profit.,most of trader prefer to trade with less riskQuote:
Originally Posted by sachin
yes...full time trader sometime face financial problem. but if you have good experience and ability for making money in fx then everyone can start forex trading as full time..
friend can you tell us...do you face some financial problems...what you do at that time..
it may be good for who are going full time Fx trading
currently i am a student n i am doing forex n learning at the same time currently forex is my full time job but after my college starts i ll be a part timer. its very difficult to trade all the time b'cos if i loos money thn i would go to depression many times ths has happened to me . thts y start with demo account
I will be a full-time trader if I have a system or srtategy consistent profit, but if I have not yet dared to decide to become a full-time trader
to be full time trader u need to have good experience in trading and for this u need good strategy and money management..because full time trading has more more time to trade..so learning is mustQuote:
Originally Posted by sunil
I am a part time trader also, but at the same time I teach online so I guess it might be full time considering that i have the charts open while I'm working. Does that count?
if you do hard work and give time to forex then you are able to dovelop your strategy that give you profit.Quote:
Originally Posted by sunil
but my advice dont take direct decision for becoming full time trader because everynew trader think that they are able to make profit but after some time they fail. and facing many financial problem also
i trade for like eight hours a day,i would rather say i am both a part time trade and full time trader,because i also run a consulting firm