Forex is flexible, you can use it for your sole income stream, or use it as part of multiple income streams.
Firstly high level traders will only manage high level money, 100K and over.
Secondly the upside is with them. They’ll either take 50% of all profits or 50% of all profits and a management fee.
Thirdly these high level traders aren’t going to be hanging around in the most obvious places, i.e. Instragram - it takes a lot of networking and talking to the right people to get introduced to someone that knows what they’re doing when it comes to consistent returns.
Not sure where you’re from, but in the UK, its illegal to manage someone else’s cash unless you have your own fund.
It’s pretty straight forward to set up - but again, if it goes bust, then that’s life - you can’t go after the individual.
That’s why its easier to trade yourself, its a skill set for life.
I have my own software consultancy, equity in several Costa coffee franchise stores and dabbling in other ventures, but it hasn’t stopped me.
Forex takes up the least amount of my time.