Really interested in forex need to learn a lot more to start making some money. I want to quit my job and do trading full time so I can have free time for myself and family?
Keep hold of your job as long as you can. Trading and doing well enough to live on is something few achieve. It is certainly possible but you need to have realistic expectations
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Yes, just don’t drop your job yet. Till you are secured enough in your trading life. Forex trading is not easy and it will never make you any profit overnight, so you will have to be very wise while making this decision.
To trade effectively, it’s critical to get a forex education. As you may learn over time, nothing beats experience, and if you want to learn forex trading, experience is the best teacher. When you first start out, you can open a forex demo account and try out some dry-run trading.
You’re in the right place if you want to learn. This site is super helpful if you’re willing to put in the work to learn. My advice would be to keep your job in the meantime and don’t suddenly quit because you may not make as much trading as you imagined in the beginning. Still, don’t give up because it’s a realistic goal.
You can learn on YouTube for free, that’s a great place to start. Also, set up a demo account and don’t do live until you are profitable. Don’t use real money until then.
If you wish to learn,you can start with the education section here on Babypips. I do not recommend quitting your job to trade however, at least not until you’ve spend a long time studying and practicing and you’re sufficiently certain you can make a profit regularly. That often takes years, if it ever happens.
Welcome to our community, friend!