Is forex trading worth the time? - Page 3
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  1. #21
    Join Date
    Jul 2013
    Posts
    2,540
    Quote Originally Posted by mlawson71 View Post
    I wonder what happened.

    Sadly, the OP dropped out of medical school ... but on a brighter note he now runs the biggest hedge-fund in Hyderabad.

    (Possibly.)

  2. #22
    Join Date
    Sep 2016
    Posts
    19
    Investing time in understanding the trading is totally worth the time.
    I have been in the trading form last six years and have learnt a lot have seen lot of ups and downs in my trading and. From my experience, I can say that trading requires a lot of patience and commitment and you can’t always make profits.
    However, if I look in to your situation then your circumstances are completely different.
    As you mentioned that you are beginner in trading then definitely you would have need put lot of efforts to understand the trading which seems difficult given your tight academic schedule.
    And one more point you mentioned for which are completely mistaken – you are thinking forex trading as fixed source of income. In this financial world, except bonds and bank deposits (even though returns are very low), nothing can provide you the guaranteed source of return while protecting your invested principal amount.
    Forex trading entails lot of risk, due to high leverage it has the potential to give you handsome return in short period but it does have the potential to cause the serious damage to your invested capital.
    Learning trading is different thing but expecting a constant return on your invested capital is totally different things. You can’t make some reasonable amount of profits while learning and it require some reasonable amount of time to understand the trading.
    My suggestion is first you need to define your goals that whether you want to learn the trading or you are just attracted to Forex market due to its high profit potentials.

  3. #23
    Join Date
    Jul 2013
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    2,540
    Quote Originally Posted by oliviapips View Post
    if I look in to your situation then your circumstances are completely different.
    As you mentioned that ...

    Olivia, do you realise that the person you're talking to was last here 5 years ago???

  4. #24
    Join Date
    Sep 2015
    Posts
    102
    In my opinion medical profession is the best then forex and you should earn from your profession in which you are master, forex should join just part time, never lose your hope, work sincerely on your clinic as medical profession is the best earning platform.

  5. #25
    Join Date
    Sep 2016
    Posts
    21
    I would say that forex trading is totally worthy and to put time in understanding the concepts and learning forex is truly valuable. From my experience, I can say that trading requires lot of patience, discipline and hard work and it can’t be denied that you cannot always make profit.
    If I consider your situation, it seems difficult for you to put lot of efforts along with your studies. Also the purpose for which you want to do trading is not justified as above said it is not certain to make profit, there are chances that you may suffer loss.
    Forex trading carries lot of risk, so initially you cannot make reasonable amount of profits. My suggestion is first you need to plan your goals and then enter this world, not just for the sake of earning high income. One with the true desire to learn trading can become successful in forex.

  6. #26
    Join Date
    Jun 2015
    Posts
    110
    Forex trading is worthy in terms of time spending .It not goes waste when we do trading with mind ,on rules and learn some thing from it. This time will pay us best reward when we do trading good in real market.

  7. #27
    Join Date
    Nov 2011
    Posts
    394
    You are right hard work and time spending on trading is worthy it pays its cost. We get experience and skill that will certainly bring profit. serious efforts results good in profit. I think my time not goes waste , I am doing good as time passes my trading is also good and to the point .

  8. #28
    Join Date
    Nov 2016
    Posts
    44
    Quote Originally Posted by imbest View Post
    You are right hard work and time spending on trading is worthy it pays its cost. We get experience and skill that will certainly bring profit. serious efforts results good in profit. I think my time not goes waste , I am doing good as time passes my trading is also good and to the point .
    I like the spirit and approach you have in the market, I admire your mindset. We need to work really hard and learn well before we can succeed, new things come everyday and it's our duty to keep at pace with them!

  9. #29
    Join Date
    Mar 2015
    Posts
    274
    Forex worth for because it is giving me extra income. It is time worth that I can spend m free time in trading that is good than any other part time business. I will say it should be joined by everyone who want to earn income along with their regular job.

  10. #30
    Join Date
    Dec 2015
    Posts
    476
    Quote Originally Posted by service View Post
    In my opinion medical profession is the best then forex and you should earn from your profession in which you are master, forex should join just part time, never lose your hope, work sincerely on your clinic as medical profession is the best earning platform.
    I can’t imagine how difficult it would be to juggle two professions that require so much commitment like being a doctor and being a trader. I am sure it’s not impossible, but it sounds incredibly hard.

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