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Its depends on how you define part time. Because if you ask me if I have an open position daily I will going to say no. If you ask me if I open my platform daily I will say yes. the reason is that I always update myself to the condition of the pair that I'm trading but if I don't see any potential yet I don't open and trade. that's why I open daily my account but I don't trade. Because I'm waiting for the right moment or wait for the right price that I feel I can earn.
I am a part time trader in the forex market, I want a full time trader but i have no way to be a full time trader. Full time office then trading. Forex is the best business and freedom of business. every body like to free business. If possible i would be a full time trader. Now i am not full prepare for full time trader. i am trying to understand all of the analysis, it is very tough but i have to be a right trader.
part time trading is best option for those who has less time in day life routine......we can also earn the goood earning through the part time ...students and employees has better optionQuote:
Originally Posted by plkent
well I think you never can be a full time trader as it is hard because there are not limitations in forex as a short term trader can be as good as a long term trader can be. this is a business and no one can be 100% master of forex but by uisng many differnt techniques you can get some sort of success in forex.Quote:
Originally Posted by plkent
I like to trade as part time trader. I am student for now and I just trade in my free time. There is no time for me to look after the trade for whole 8-10 hours. That is why I just trade during my free time and I always go for scalping as it is very easy for me to control my positions.
that is very good to have long time to sit in front of the chart & watch the market
but i don't prefer that for us, as the market is very dynamic & can reflect for many **** while watching it
this may cause fear & hesitation on us
I don't prefer the idea of using EA signals or indicators if you don't have time to trade
it is better to do the trade yourself, it is the real Forex training
you may make profits via EAs
but you won't feel the enjoying of Forex
By the way, most of the successful trader are part-time & not full-time
there are many full-time good traders, but the profit doesn't exceed much the part-time ones
mainly for scalpers who can make high profits in short time, most of them are part-time traders
I am part time trader because I had a regular job in government sector before start forex trading business and I was searching a part time work, my close friend suggest me this business.
yes you are right i agree with you we have not the ability to be always successful in our deals but the money management can maximize the risk forevery deal and this what can make a different.