I have a long way to go

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.


Some dont claim it dear friend,they actually do this for life :slight_smile: 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

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.

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 :slight_smile:

That’s right.
Decision will come with a process:)

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!

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Do you trade for a living and have no other job?

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For becoming a professional trader, the most important thing after getting good knowledge and experience is the good enough capital that can easily generate income for you to use as your monthly expenses. This is one of the greatest reason that many trader blow up their account if they have low capital.

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And what car is it?:slight_smile:
Do you use software trading or manual trading?

Your knowledge and experience in trading will increase as your more practice in many different conditions of market. Knowing your type of trading won’t give you nice amount of income automatically because you need to prepare good money management and risk management too so you could maximize profit and minimize loss to gain consistent profit in trading.

ECN ??? All online trading platforms are a form of ECN, whether Bucket shop, STP, etc.

The Ever Questioning VIPER