Hello @laramay… It isn’t such a bad idea looking into forex for some side income. But you have to be sure you’re ready for the ups and downs involved.
Forex trading is much like starting a business from scratch. That journey, the length of time it takes to build it up and the end result of it all (failure or success) is different for everyone. So it is very likely you may get answers that worked for others but may not necessarily work for you.
If you’re really serious about trading for steady income, then avoid looking at it solely from the income perspective and how long it should “ideally” take to get there as that’s what usually leads to bad planning, trading and eventual failure as a trader.
I’d focus on learning as much as possible in the first month or two if I were in your shoes, then take things from there.
Going through the Babypips School of Pipsology here will provide most of the answers you seek.
Goodluck to you on your journey.
