The fellow trader that wants to move to canada and become a full time trader, You should first sit and think what are my trading times going to be if i move to canada.
If you want to become a full time trader you must be able to stay in a place where you will be able to trade the London and NY session with ease.'
Another thing is that you will have to first make a consistent amount of pips per month. That could be 500 to 1000 pips.
If you can make that consistently then i believe you will have the potential of becoming a trader.
I am 24 i have only 6 months of trading experience before that i didnt know about the forex world and didnt even now what a pip was. I took the leap of becoming a full time trader and make well over a 1000 pips a month with my system.
Some good advice is that dont stop your studies, you can study and trade and when you finish your studies then you decide if you still want to trade or work.
The reason why most traders fail even though they have a lot of trading experience is because most people wants to get every pip in the market which is impossible and people feel that they have to enter a trade no matter how the market is.
The trick is the small amount of pips you make is the key.
You have to be happy with 20 to 30 pips. Be content and then you will see how it will surprise you at the end of the month.
When i started my target was 100 pips a week. If a trader can do that consistently every week then thats a profitable trader.
With my system i think its so so easy to get your pips per week.
If you want to become a full time trader you must be able to stay in a place where you will be able to trade the London and NY session with ease.'
Another thing is that you will have to first make a consistent amount of pips per month. That could be 500 to 1000 pips.
If you can make that consistently then i believe you will have the potential of becoming a trader.
I am 24 i have only 6 months of trading experience before that i didnt know about the forex world and didnt even now what a pip was. I took the leap of becoming a full time trader and make well over a 1000 pips a month with my system.
Some good advice is that dont stop your studies, you can study and trade and when you finish your studies then you decide if you still want to trade or work.
The reason why most traders fail even though they have a lot of trading experience is because most people wants to get every pip in the market which is impossible and people feel that they have to enter a trade no matter how the market is.
The trick is the small amount of pips you make is the key.
You have to be happy with 20 to 30 pips. Be content and then you will see how it will surprise you at the end of the month.
When i started my target was 100 pips a week. If a trader can do that consistently every week then thats a profitable trader.
With my system i think its so so easy to get your pips per week.
X-man the legendary conqueror of markets