it is only a place where I invest my money
Oooh. I get that. Instead of a profession, you view it as just an investment. That makes sense too.
I believe in youuu @alphahavoc! I know that itās not easy but if itās you, Iām sure you can do it.
While it may be enticing as ou would be basically our own boss, I do not feel confident enough to do it as it would mean risking too much. I prefer sticking to a regular job and do it as a secondary form of income.
That sounds reasonable! If thereās anything the pandemic has taught me, itās really that itās best to have multiple sources of income. But like, eventually, once youāve saved up enough, do you think youād want to focus on it more?
Yes by the start of next year(Jan. 2022) I will be a full time trader and that being my source if income.
Iām already a funded trader and working on another account as well. Lord willing that is the goal.
Itās good to keep yourself busy aside from trading. People think that āfull time tradingā is good, but really itās boring as hell.
Yep, 100% especially when your process is down. It just takes a few moments to see if there is a good set up then you only have 23 hours left in the day to get things done. Lol.
Yeah exactly man!
This option reminds me more of a part-time job. For the main variant, it seems to me not stable enough.
It depends, If I found out I have a talent in forex trading and I am profitable in it I will definitely shift from engineering to forex trading hahah. Then use the fund to built a corp.
I doubt it to be honest as I feel it is too risky and the market is so uncertain.
Personally, I treat trading as an intermediate step towards passive income on the stock market. I donāt want to spend all my life before the computer screen looking at the charts.
Yes, the career as a forex trader can be lucrative, flexible, and highly engaging Perseverance, continuous learning, efficient capital management techniques, the ability to take risks, and a robust trading plan are needed to be a successful forex trader.
People can do everything if they try. But that goal and love must be at work.
Honestly, this is quite difficult to answer. Most of the time I have my passive income to backed on, but there are some day I can see being forex trading as my final profession job, but sometimes I do not see that.
Ooh. How long have you been trading? And do you think you have the qualities you mentioned?
I feel like thatās a very positive way of looking at it. Haha. But I guess being really goal-oriented makes such a big difference in terms of the outcomes.
Totally understandable! Haha. We do have our down days, especially with forex, thatāll really make you think if this is something you can continue doing. Haha. I feel you.