Very valid! If thereās anything the pandemic has taught me about finances, itās that itās always best to have multiple streams of income. So, Iām actually happy that youāre able to earn from a full-time job while trading! If you donāt mind, how long have you been trading?
I donāt. If I want to have forex trading as my main and the only one source of income, I have to have huge capital in order for profits to cover all of my monthly expenses. Perhaps, it would be a good idea to make a kind of investing fund, but again it is not only forex trading but there are also some other different skills that I would have to implement like management, promotion and so on.
Forex trading can be a profession or a hobby. It all depends on your goal. I actually started out being a casual forex trader because I do not have a fixed schedule on my job, and itās something I can do while I am away from the office.
ALongside some other things I do from home, yes. It is my current job and canāt see myself going back to a regular one now.
Initially I used to do forex trading along with my job but now I am looking forward to make it my full time profession.
Thatās a good and definitely valid point. I guess itās possible to increase your capital overtime, but that would likely take a long time before itās enough to cover all of expenses. Unless of course you settle down in a country that charges much less that your home country, I think.
Aww. Thatās great then! I also have other jobs and tasks, but I think Forex is a good way to spend your time if you still wanna be productive. Haha. If you donāt mind, how long have you been live trading?
Oh wow! Thatās great. Iām glad and amazed that what you earn from trading is enough for your expenses already! I hope I could say that for myself one day
Nice! How long have you been trading?
More of a side gig for me, but I reckon I could do it full time if needs must
Do you currently have a full-time job? If you do, how many hours would you say you spend on forex trading?
Not yet, but I think I want forex trading to be my final profession job one day.
Well as I say it is alongside my normal work but yes I have been earning 10-15% a month consistently for a whilte now.
My thoughts exactly!
Forex trading has become a popular career choice, particularly for persons with a financial background, due to its high liquidity, 24/7 schedule, and ease of accessibility. Forex trading, on the other hand, has drawbacks, such as high risk and volatility.
If you keep putting in the time and effort, I really hope you get there. Haha. Howās your trading been so far?
Thatās great news. 10-15% consistently is already such a big thing, I think. (especially if you have a pretty good capital to start with ) My capital wasnāt that big. so I understand it would take some time before I could actually pay for most of my expenses from my trading profit.
Good luuuck! Iāll be cheering for youu.
Yes, forex trading can be taken as a profession. But initially, traders take trading part-time and get into the market slowly once they start making consistent profits.
Yes, why not?
Forex can totally be your full-time job. It can provide us perks that a regular 9-5 job canāt. However, reaching that level is years of hardwork and discipline. But it is worth it.