Hi there, I’m new to all of this.
Wanting to help my monthly income only by a few hundred a month or so. Do you think this is a realistic way to look at this? I have other dreams not just being financially free using trading but to put in some work to create another revenue stream…
Regards
If making money was that easy, we’d all be millionaires. Fortunately, most people on here, prefer to learn how to trade first and foremost. To become consistently successful is a lengthy journey, which is more than pressing buttons on a phone app.
Regrettably, the success image shown on brokers media platforms is a big con to attract as many noobs they can get to lose their capital. Bear in mind, for everyone who wins there is a loser - and for sure brokers, will take your money faster than eating xmas pud.
Great, nice to meet you internet stranger. I’m on the same boat and I know that through persistence, patience, and a speck of luck, Forex can lead to many opportunities including additional revenue every month. Contact me and we can arrange a sort of accountability partnership, 2 brains are better than 1!
Making a few hundred quid a month sounds achievable but it seems in practice the monthly results even for experienced traders in the market for many years are unpredictable. Many will have losing months in an average year, sometimes several consecutively, and many will report they made most of their year’s profit in just 2 or 3 good months out of the 12.
I would advise anyone to learn trading but I would not advise anyone to see it as an income stream.
trading and forex is not everyone, else the above member mentioned everyone would have been a millionaire then.
Yes it is, and if you are willing to work hard and smart at it, you can totally achieve your financial goals. Just don’t get dismayed at first when you face losses, just learn from it and keep moving.
Welcome. You can look at the courses here and you will find them at the Education section of the forum. All the best for your forex learning journey.