I have a long way to go... - Page 3
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  1. #21
    You could but first you need to decide how much capital you have and the amount of pips you wanna make monthly. This way you know how to allocate your lot and the least profit you would entertain that way you dont trade when you shouldn't. That's what i do...Like i made my first 100pip for this month today and i trade for 400pips monthly at least. So it takes mastering but its very interesting and less risky. Name:  100pip in the bag.jpg
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  2. #22
    Join Date
    Aug 2015
    Posts
    26
    Quote Originally Posted by trader View Post
    It is absolutely possible, there are self-proclaimed Forex gurus that claim it is all they do. I think almost anyone can given enough education, time, practice, and money.
    Some dont claim it dear friend,they actually do this for life I personally know of one who is a full time trader,it is very possible as you mentioned but it takes patience,good money management as you depend on profits/winning most at times ,much effort and a right attitude to stay focused and educative all the time,I must admit it is not one easy thing to do but All the best and preserve till you get to the height. cheers

  3. #23
    Join Date
    Nov 2011
    Posts
    320
    Yes there is a long way to go in forex. We not complete our journey in days or months. I feel forex will remain with me as part of life . Every day I am learning new things about forex. I am in this field since many years. I feel many things are remaining to learn .I try to know them as new systems came in market.

  4. #24
    Join Date
    Apr 2010
    Posts
    42
    Quote Originally Posted by shinypenny View Post
    I know I have a long way to go, but is it possible to trade for a living? Could I actually eventually quit my job and become a FT trader? Don't get me wrong I am not talking tomorrow, but a few years down the road. I am just curious if it is at all possible.
    Sure!
    Sell all your stuff, put money to a live account and enjoy)))))

    Just kidding. I think such sort of questions may come out from someone after being a quite long time in this niche. But not after finishing babypips school or any other or open a demo account)))

  5. #25
    Join Date
    Sep 2015
    Location
    England
    Posts
    76
    Quote Originally Posted by Tailor87 View Post
    Sure!
    Sell all your stuff, put money to a live account and enjoy)))))

    Just kidding. I think such sort of questions may come out from someone after being a quite long time in this niche. But not after finishing babypips school or any other or open a demo account)))
    It will take us some time before we can decide whether we want to do Full time trading in the Forex markets or not and this is also a reason why in the start we should focus more towards the learning aspects

  6. #26
    Join Date
    Sep 2013
    Posts
    25
    Quote Originally Posted by Archie Miller View Post
    It will take us some time before we can decide whether we want to do Full time trading in the Forex markets or not and this is also a reason why in the start we should focus more towards the learning aspects
    That's right.
    Decision will come with a process

  7. #27
    Join Date
    Dec 2010
    Posts
    27
    I would like to be a professional trader in future. I point my targets now, understanding that it might take a while before I can call myself so. But, I think, it's right to see a target from the far.
    There are so many good examples of successful traders.
    So, yes, I believe that no matter how long way is, it is better to know where to go!

  8. #28
    Quote Originally Posted by Vanguard View Post
    I would like to be a professional trader in future. I point my targets now, understanding that it might take a while before I can call myself so. But, I think, it's right to see a target from the far.
    There are so many good examples of successful traders.
    So, yes, I believe that no matter how long way is, it is better to know where to go!

    I am a Professional trader and i am doing my trading in the ECN trading accounts
    So i can say that you will also become but it took 3 years of hard work to reach here.

  9. #29
    Join Date
    Apr 2010
    Posts
    42
    Quote Originally Posted by David Branco View Post
    I am a Professional trader and i am doing my trading in the ECN trading accounts
    So i can say that you will also become but it took 3 years of hard work to reach here.
    Do you trade for a living and have no other job?

  10. #30
    Quote Originally Posted by Tailor87 View Post
    Do you trade for a living and have no other job?
    Yes you are right i am trading for a living and this decision i took not by choice but by circumstances and after 3 years i am now stable earning more money than i made while i worked as a Software Engineer

    Also i have bought a new car now

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