I have a long way to go...
Page 1 of 4 1 2 3 ... LastLast
Results 1 to 10 of 35
  1. #1
    Join Date
    Apr 2006
    Posts
    23

    Default I have a long way to go...

    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.

  2. #2
    Join Date
    Apr 2006
    Posts
    21
    I have heard of people making a living in the Forex, but it isn't going to happen anytime soon. You are going to have to put forth a lot of time and effort. I couldn't even give you a time frame, it really is going to depend on your money management. Start with the school they offer here, and then go to a demo for awhile to try your hand at it.

  3. #3
    Join Date
    Apr 2006
    Posts
    20
    I am not sure I will ever have the patience or the guts for it. Congratulations to you if you do make it, don't let me discourage you. I wouldn't expect too much too soon though.

  4. #4
    Join Date
    Apr 2006
    Posts
    23
    Right, I am not wanting immediate results. I expect I will probably fail a time or two, I think it is all the learning process. I just have to be careful with my money until I get the hang of it.

  5. #5
    Join Date
    Apr 2006
    Posts
    22
    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.

  6. #6
    Join Date
    Apr 2006
    Posts
    1
    I'm thinking that last commodity is possibly THE most important one. Wish I had some.

  7. #7
    Join Date
    Apr 2006
    Posts
    20
    I hear ya Quiet, I have some but I am hoping that if I keep them together they will multiply. Unfortunately, that hasn't happened yet.

  8. #8
    Join Date
    Apr 2006
    Posts
    48
    It is definitely possible, if you have enough capital.

  9. #9
    Join Date
    May 2006
    Posts
    126
    Yes, forex is a lucrative and expensive career but when you are able to get the trick, I believe that you will be rich in no time. Just start with schooling, then apply and then practice. Just practice for a couple of months and by that time that you will discover your talents in fx, start investing. Maybe start with low capital. For me, fx is still a form of gambling. So, just pray for good luck, too.

  10. #10
    Join Date
    May 2006
    Posts
    7
    Quote Originally Posted by Michael311
    It is definitely possible, if you have enough capital.
    Anything is possible with enough capital. For those of us without infinite pockets, I wonder if currency trading is worth pursuing. I'm looking at it as an expensive hobby, not unlike gambling. I hope I make some money, but I'll not be destroyed if I don't, and I'm not going to invest anything that I can't afford to lose.

Forum Sponsors

Similar Threads

  1. Do you have a long or short trading bias?
    By allalongthewatchtower in forum Newbie Island
    Replies: 6
    Last Post: 06-24-2010, 08:56 AM
  2. I Have An Awsome Long Term Trend System
    By bpurvis2 in forum Free Forex Trading Systems
    Replies: 32
    Last Post: 11-06-2009, 12:26 PM
  3. Replies: 0
    Last Post: 11-02-2007, 05:30 PM
  4. Replies: 0
    Last Post: 10-04-2007, 10:40 AM
  5. Replies: 0
    Last Post: 05-30-2007, 06:40 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
"Genius is one percent inspiration and ninety-nine percent perspiration."
Thomas Edison