Are You a Part time Trader or Full time Trader?

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you better finish your education first, because learning two things at once is very difficult ... so choose your actions as a part-time traders are correct ... I also trade while working, but if I've felt trading can provide enough salary ... I will become a full time trader ...

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really should learn enough and be able to share time with our main activity. should be able to adjust the time when it can learn forex because it is very prospect.

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Originally Posted by Ronak

due to my busy schedule i cant spend more time to forex.so usually i trade on the part time basis..also i am newbie and dnt hv such more knowledge so better to trade part time and learning more

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for the past one month , i am having a busy schedule.Before that i was in vacation and i was doing full time trading for past 5months.But now i am trading only for few hours and infact i am not getting any time .

So you are always on the losing side. It means you are not learning from your mistakes. There is a lesson in every loss. If you would be picking that lesson, you must have learned much. Just think about learning from the mistakes, not from books.

Right now I am a part time trader but i spend more and more time to this trade studying and analyzing different things and want to become a full time professional trader with time to come.

well I also tried scalping but I could not continue for longer as I always like that long term plan and long term positions can be easier to to manage for me and this is why scalping is not my type. I think scalping needs lots of anlysis work and news following but for me I am just using techinal analysis and no fundamental analysis at all.

i m a part time trader right now coz i m new to the system and have to get winning staretigies or rather learn them and if i feel confident tht i can pull on profit's in the mere future then m going full time with it and tht is much sure....

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Originally Posted by Ganesh

yeah right is what you are saying that we do not have to enter this business in a hurry because this will bring adverse effects to our money if we do not have a system that priofit consisten then decided to become a full-time trader attack

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yep coz one thing i learned abt forex is tht no matter how much knowledge you get abt it you may never know how the market will move and also i have experienced the consequences of being over confident

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Originally Posted by stefanusnicolas

if I was part time and my system because I have to day trade schools first. and in my opinion has a different risk levels among full-time to day trade as well as having its own advantages. :yahoo:

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money management is also a deed and also not to mention the greed and also the uncomfortability felt when we get to know from other ppl how they got away with big profits so then it persuades us to go big and then loss

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Originally Posted by bestlooser

I will have 1k investment in there and I am giving more and more time but still lacking few things like analysis and I also having slow progress so thinkign to change my plan and method too but overall I am still think that i am full time trader. I am getting more and more into forex trading so I m sure.

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your thoughts are real clear and modest, but when you get your strategy and start to get profits out of it then might be that even you will be very much interested in forex and not fulltime but atleast part time you shall be connected with it

Obviously I am a full time trader. Because forex is the only way to earn money for me......