So it can be quite lonely because of the attention and concentration you need to be profitable?
Definitely! Might as well have consistent scheduled meetups to make sure you don’t get lonely.
That makes sense. There are still a lot of other options even if traders don’t necessarily have to stay in an office.
That’s great to hear! I think that makes you perfectly suited for trading.
It is, depending on, what you understand by “selling access to the algorithm”. Do you mean access to source code like mql4/mql5 or selling trading signals? Regards Greg
Honestly I don’t see where the loneliness comes, forex is the most engaging market ever especially for short term traders.
That’s the reality; during my analysis time I also need such a calm environment!
Super sorry for the confusion! I just got the impression that what was being offered was something like a robot or signals.
That’s a great way of looking at it! But I guess different people could require different levels of engagement and interactions, which could somehow lead to the loneliness.
Absolutely! On the other hand, I am enjoying my life because of financial freedom!
Lonely, but that’s why you get trading buddies or you join a community just like this.
I never felt trading is a lonely business. There are so many great forums like these which are always up for trading discussions. Actually helping me more with trading strategies.
Since you’re a one man army in this, it can feel overwhelming at times. But it comes with its own perks.
Usually losses make a trader lonely. So try to trade in group because it will add advantage to your earning.
Oh wow. That’s good to hear! I don’t think I’ve interacted much with you, but I hope we could also get to know each other more! Are you a full-time trader?
True. I’ve never really felt lonely while trading cause I’m usually excited to share or just talk about it with others here.
I like the metaphor! Hahaha. Definitely agree!
That is great! I like to do the same.
Are you active in other trading forums apart from this one? Or do you have irl friends to talk to?
Forex isn’t a lonely business. Every after a period of time, traders have to evaluate themselves for further development by fixing the issues.