Are You a Part time Trader or Full time Trader?

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Originally Posted by hotshotboyz

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

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I like your confidence. From your post I guess you are an expert trader. Yes, forex trading can be taken as a full time job confidently if we are professionals. Only professionals know how to trade, when to trade, which trading style to adopt, how to withstand the unfavorable environments and make enough profits, etc properly. They are almost completely familiar and well-concerned about forex. They know almost each and every aspects of forex very properly and their income is also strong. That's why due to good skills, sound education and well experience, the professionals like you trade forex as full time job.

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Originally Posted by imbest

Learning everything and then maintaining discipline is easy to say but very hard to do. Suppose a beginner spent 6 months in learning, he would be feeling impatience to have a go at market and make quick profit which can ruin his learning.

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you will learn more and more with lots of grasping from different sites and forums and then eventually you will be able to make a successfull strategy and then you will also get good profits but the main thing must be that you should learn everything carefully and always follow the discipline of trading

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Originally Posted by sachin

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.

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no your thinking is not a mistake at all. i dont think that being a part time trader is a mistake at all coz after al its you has to decide what al you can rip from this trade, so if you can make big from forex then it will be ok to take it a s a full time trade and if you ok with a little then it is wise to be a part time trader along witht he occupation or job that you are persuing.

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Originally Posted by shahzad0able

I do forex as a part time job. Any one who wants to start this business I recommend to do it as part time job. When you gain enough knowledge and experience then go for the full time trading. Never quit your main business if you are to start trading. You must also keep in contact with a few full time trader and get some info of market through him as well. This is because if you are not a full time trader you be needing info on daily analysis.

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ager ap kisi aisi strategy ko dhoond rehe ho jis k way se ap continuously profi ki umeed laga rehe ho to mein apko yehe kkahoon ga k ap bilkul wrong ho kuin k ye aik aisa p business ha jis ka vloume maintian he enhe hor aha to startgy kaise maintain ho gi bahi mere, hard work is the key of success

full time trading needs more dedication and time...and also rich knowledge..those who are new to trading should try part time trading...beginner has less knowledge,exeperience..so they wouldnt face any obstacle while doing trading...

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Originally Posted by Ronak

full time trading needs more dedication and time...and also rich knowledge..those who are new to trading should try part time trading...beginner has less knowledge,exeperience..so they wouldnt face any obstacle while doing trading...

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yes you are right i agree with you. every full time trader start their trading with part time trading when they got profit they make it full time.
full time trader got more profit & more chance for making good profit compair to part time trader.
starting me sbi ko part time trading start krni chahiye..

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Originally Posted by anubhavsingh

studnets ke paas funds ki kami hoti hai aur wo market ko poora time bhi anhi de pati because of studies..
To mere khayal se unke liye part time trading karna hi bahut sahi rehta hai..ek bar job me aane ke bad proper trading akri ja sakti hai lekin student life tak part time trading hi best hai

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Still i am a part time trader because of unable to make consistent profit each trading day . and think who really want to become full time trader then must have to become successful trader because when we become full time then our livelihood will be depend on forex . so i am trying hard to make my skill as much as possible before thinking full time trader.

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Originally Posted by arjun

yes I agree with you,
we were created as social beings so we might not just be selfish.
always take time for your social life.

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yes its true formal education is need and without it how we become educated but the point is that this education is need so much in forex ? i think not because forex is other things and for this this need practical knowledge and forex education and here without formal eaducation its not hard to become successful . only my opinion this.

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Originally Posted by Mr. Tukul

Formal education is used for our social interaction relationships with the world around us ... because we might not always be 24 hours non-stop trading at the computer...

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obviously you correct . no bachelor degree or any other degree help us to make good result in forex . its totally other things . anyway doing practice and practice we can become good trader becaus epractice make man perfect.

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Originally Posted by ganguly

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

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It is the point friend you are caught ,when there is good opportunity in forex and when they are master then why spending more time for little money and this also true about EA when some are advertising for their ea with high return then why they are not using vastly their robot to vast their income.