Is forex a lonely business?

Beginner Questions Trading Psychology
#66

So it can be quite lonely because of the attention and concentration you need to be profitable? :thinking:

#67

Definitely! :blush: Might as well have consistent scheduled meetups to make sure you don’t get lonely. :smiley:

#68

That makes sense. :blush: There are still a lot of other options even if traders don’t necessarily have to stay in an office. :smiley:

#69

That’s great to hear! :blush: I think that makes you perfectly suited for trading. :smiley:

#70

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

1 Like
#71

Honestly I don’t see where the loneliness comes, forex is the most engaging market ever especially for short term traders.

1 Like
#72

That’s the reality; during my analysis time I also need such a calm environment!

#73

Super sorry for the confusion! :sweat_smile: I just got the impression that what was being offered was something like a robot or signals. :open_mouth:

#74

That’s a great way of looking at it! :blush: But I guess different people could require different levels of engagement and interactions, which could somehow lead to the loneliness. :open_mouth:

#75

Absolutely! On the other hand, I am enjoying my life because of financial freedom!

1 Like
#76

Lonely, but that’s why you get trading buddies or you join a community just like this.

1 Like
#77

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.

1 Like
#78

Since you’re a one man army in this, it can feel overwhelming at times. But it comes with its own perks.

1 Like
#79

Usually losses make a trader lonely. So try to trade in group because it will add advantage to your earning.

#80

Oh wow. :blush: That’s good to hear! :smiley: 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? :smiley:

#81

True. :blush: I’ve never really felt lonely while trading cause I’m usually excited to share or just talk about it with others here. :smiley:

#82

I like the metaphor! Hahaha. :smiley: Definitely agree!

#83

That is great! I like to do the same.

#84

Are you active in other trading forums apart from this one? :smiley: Or do you have irl friends to talk to? :smiley:

#85

Forex isn’t a lonely business. Every after a period of time, traders have to evaluate themselves for further development by fixing the issues.