Hey, I’m a forex noob and thankful that I was referred to babypips as my starting point for the long road to being a professional forex trader! I noticed a lot of posts where people say they wished they had found this site sooner and I guess I’m one of the lucky ones that did
Anyways I am curious… what kind of people tend to become forex traders? I am interested in what kind of background you guys have.
I myself am in my early 20’s, just graduated from university with a honors bio degree. While trying to figure out what to do with my life, I stumbled upon forex and figured now is as good a time as any to learn about it.
Just wanted to know what kind of pedigree the rest of you have. Are most of you guys business grads? What sort of job did you have prior to or as you trade? Did you even need higher education? Can a science brain cut it on the forex floor? Curious to see where I am relative to the rest of the babypips community. Let me know! Thanks!
Well i’m 36, work as an account exec in a Tech firm. I have a technical background, not business. Though after years of working in business, I have “gained” business knowedge probably that they dont teach at school.
I found FX in the last year or so as now I have a bit of extra disposable income i can afford to invest.
I managaed to find babypips on my first night of looking for information as well, so i consider myself pretty lucky too.
I’m a stay at home mom of five. My husband and I for the last 2 years ran a business out of our home. I went to school for a business degree but it really didn’t prepare me for the sort of business we ventured into by accident. It is becoming harder to manage our business and still have time to do things with our kids or really get out much so I started looking into Forex. I found Bp around the middle of the second week so I also consider myself lucky. As far as a “science brain” making it in the forex world; I really hope we can :). For the past six years I have done extensive research in alternative energy, thermal heating/cooling, pch materials, and many other areas of science. Anyways welcome to Baby Pips and Happy Trading, Raven
I’m in the Marines, some college but have always been interested in trading stocks since my early 20’s. I found out about FOREX from a fellow Marine and I became really interested. Currently trading in demo account trying to get some skills.
I’m 37 and I currently do web development and programming that leans towards automation and data management. No degree, just lots of reading and practice.
I don’t know if my background fits with forex or not, but it’s interesting to me. And anything I find interesting I learn about exhaustively until I can decide if it’s worth my time or not. On top of that, anything I find interesting that I take on as a hobby needs to realize a potential to be profitable as well. So basically everything I do has to be potentially profitable. Ya, I’m no fun. lol…
I think you’ll find a surprising array of different backgrounds in people taking an interest in forex. Personally and in my opinion I don’t think the concepts of trading currencies are difficult in themselves. Not anywhere near as difficult as a science discipline. But digging in and learning the behavior of something that is reactive and volatile over time, where the method for success is different for each individual is pretty challenging. Maybe more feel than theory? Playing piano while riding a freshly broken horse?
Thats my perspective from where I stand at the moment.
My background is in computers (programming) and accounting and I’ve had my own business in both until I started a family, and then got a regular job so I could spend more structured time with them. I found I still gravitated to having a home businesses for personal satisfaction however I still had the same struggle to make time for family.
I tried MLM, but I’m not really good at convincing people why they should spend $$$'s to join. I tried an online web store selling novelties & gifts…and it was becoming quite successful. However, creating & updating the site, marketing, responding to endless customer emails, packaging products & countless trips to the post office, and then doing my own bookkeeping…it became much more work and then I realized I wasn’t enjoying it anymore.
Some junk email came around about forex, so I started surfing the net about it, and found babypips right away. It seemed perfect. Sure I’m spending quite a lot of time reading up and demoing right now, but I’m home…not running off to evening meetings with strangers several nights/wk, and I’m not on a deadline to get something answered, ordered, in the mail, or remitted on time. I treat it like a business and in contrast, I now can make a few trades in short order and be done with it each day, and my weekends are free.
I’m 18 and I study general sciences (chemistry, physics, biology…) in CEGEP, a transitional scholar institution between high school and university here in Quebec.
I stumbled upon the Forex this summer, overhearing a conversation between my father and his millionary friend. The later needed a way to invest his money and had been studying the market for a few years already, although he has never touched a demo platform, believe it or not.
Anyway, first thing I did was type Forex.com in my browser… That was on july first. I downloaded a demo and got my first taste of the FX market. Shortly after, I found BabyPips.
I now have 3 months of experience and demo on MT4. I can’t give up FX, I find it thrilling and I think I have potential as a future trader!
I’m a 28 year old Paramedic. I’ve only been trading demo accounts so far, but with some nice success.
Due to my roster pattern though, I’ve steadily been increasing the length of time of my charts. I’m currently using 4 hour to 1 week charts, and this is fitting in nicely with my other commitments.
31 y/o in medical field. i have always considered myself financially inept. parents never taught me anything about investing or saving for the future.
a buddy of mine at work told me about babypips and now im always on it or on my practice account (insomniac). i have done very well lately just looking at the daily charts and doing some swing/position trading. im hoping to open a live account soon.
Good to see some science background FX traders with no prior investment knowledge just like me Also great to see someone younger than me going at it! Awesome. Lets keep this thread going!
I’m glad also to see all you here and I hope you good luck and big profit! But don’t forget to work a lot with a DEMO-account to learn and practise all trading things.:)
I have some time to post tonight so I thought I would post here.
Now most longer serving posters here already know me.
I am a mathematician and retired school science master.
I hail from Perth, Western Australia, a place of very strong, fierce and fearless traders!!
Most of my funds are in the stock market.
I did a great deal of education here before I started out.
Trading comes to me naturally and I started scalping in 2 years.
Even so, when it came to forex, I still margin-called a demo account twice.
I started live trading, lost plenty, then returned to demo.
Starting again live saw success.
I thoroughly recommend demo trading.
Not only to learn the basics, but to establish a proven trading strategy, complete with money management.
When you have demo traded this until competant, then and only then should you go live.
[B]Being the longest serving member on this forum, (EDIT - wrong. Ramrocket has been here longer and has a current post), I have noticed two matters more than any other matter :[/B]
[U]1) Forex trading is extremely high risk[/U] - far higher than most people are prepared to believe.
[U]2) The turnover of posters on this forum is very high.[/U]
Whether the posters who leave this forum continue to trade, I do not know, but I feel sure that at least half of them give up because of the losses incurred.
I [U]do not [/U]see people on this forum staying on here as long as I have, and give a running record of their successes.
Wow im honored to have one of the pros post a reply.
I think I’ll put up an avatar when I find one that’s fitting and once I am actually a FX trader. Right now I’m just absorbing what I can from babypips, haven’t even demo-traded yet. It’s tough to juggle researching forex with school, but I’m determained to succeed as a trader.
I caught your post about FXmen and hope to join your ranks one day Don’t worry I don’t see myself disappearing from this forum any time soon!
Well do I feel under dressed. I too am one of the many drawn to make a living with out having to kill myself doing it.
No secondary schooling, went right from High School to the Oil @ Gas industry, and have been making good coin only at the cost of my body. Three girls now and thought DAMN there has to be a better way. I am great with numbers and graphs so I thought what the hell, already lost all my rrsp in last years nose dive. So here we be.
I’m in my 25’s, with a BA in finance. I’ve worked in a bank until I really felt that wasn’t where I wanted to be. I have a business in video production (I know, nothing related to my BA actually) and that’s what has given me time to spend enough time learning and practicing and actually trading.
Forex came to me by casualty. Some day I read an article about forex in a mexican newspaper and I started to make some research on the internet. One month later I found babypips and that’s when I really started diving into it.
That was june 2008, so I’m still so so so new at this but I guess that in here I’m on the right way.
I’m 29. Married with twin daughters. Salesman by trade. Honing my craft in forex in my spare time.
While I would enjoy a lifestyle of the rich and famous, I trade forex for more practical reasons. I want to ensure a healthy retirement. My wife would like for us to have a larger home for our two children. And I want to be able to provide for my family so that they will never be in need.
Also great to see someone younger than me going at it! Awesome. Lets keep this thread going!
