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Why do I trade Forex

  • #221
  • Jun 10, 2020 1:24pm Jun 10, 2020 1:24pm
A few Reasons:-

1. Being Financially Independent
2. Having more time (To do what you enjoy doing)
3. The mental challenge, and the continues self-development
4. The satisfaction of achieving what a lot of people cannot

Lol, I think I may have got carried away
  • #222
  • Jun 11, 2020 6:28am Jun 11, 2020 6:28am
Trading on forex is the best way to begin your career as a full time professional trader. Major forex pairs like eurusd, usdgbp, AUDCAD, show high volatility in the market and thus its easier to get more trade ideas from volatile trading instruments.
  • #223
  • Jun 12, 2020 6:55am Jun 12, 2020 6:55am
Most people don't really become full professional traders. If they can profit regularly on the side, they are happy.
  • #224
  • Jun 14, 2020 8:14am Jun 14, 2020 8:14am
Quoting mlawson71
Most people don't really become full professional traders. If they can profit regularly on the side, they are happy.
True, mostly all full-time traders began their professional careers as part-time traders. This business is just too risky and fraught with uncertainties to make it full-time from the very beginning unless you have some inherited wealth and freedom to use it however you please.
  • #225
  • Jun 15, 2020 3:22am Jun 15, 2020 3:22am
Quoting ele020
Trading on forex is the best way to begin your career as a full time professional trader. Major forex pairs like eurusd, usdgbp, AUDCAD, show high volatility in the market and thus its easier to get more trade ideas from volatile trading instruments.
You can start learning with other instruments as well: stocks, mini futures...
You can't control the wind, but you can adjust the sails.
  • #226
  • Jul 6, 2020 6:46am Jul 6, 2020 6:46am
Quoting smtrader86
A few Reasons:- 1. Being Financially Independent 2. Having more time (To do what you enjoy doing) 3. The mental challenge, and the continues self-development 4. The satisfaction of achieving what a lot of people cannot Lol, I think I may have got carried away
Haha, but i like what you said.
  • #227
  • Jul 13, 2020 7:16pm Jul 13, 2020 7:16pm
I trade Forex because I want money and Forex is the biggest business in the world where We can make a lot of money and fast too.
  • #228
  • Jul 14, 2020 11:27pm Jul 14, 2020 11:27pm
My main motto to join forex was to earn more than just regular income and was always fascinated by trading.
  • #229
  • Jul 15, 2020 2:17am Jul 15, 2020 2:17am
Mainly to supplement my primary income. Please its really interesting. I like trading forex.
  • #230
  • Jul 15, 2020 7:35am Jul 15, 2020 7:35am
You have quite a good reason fo trading forex and I respect that. Well I joined forex because it seemed like there was not much else to do. Looking for that extra source of income as not possible wiht my main job. I needed something that I could to at flexible hours. After searching for all the online trading opportunities this one turned out to be the best. I love forex trading. I can trade any time and anywhere as long s I have an interet connection. There are a lot of people that get discouraged along the way but I did not quit. If you are serious about forex then you will make it big in it..
  • #231
  • Jul 19, 2020 9:25am Jul 19, 2020 9:25am
Quoting Eredribaen
You have quite a good reason fo trading forex and I respect that. Well I joined forex because it seemed like there was not much else to do. Looking for that extra source of income as not possible wiht my main job. I needed something that I could to at flexible hours. After searching for all the online trading opportunities this one turned out to be the best. I love forex trading. I can trade any time and anywhere as long s I have an interet connection. There are a lot of people that get discouraged along the way but I did not quit. If you are serious...
I agree, any other means of earning money will probably neither involve work-hours as flexible as in forex nor will the infrastructure requirement be as few as a laptop and an internet connection.
  • #232
  • Jul 20, 2020 2:03am Jul 20, 2020 2:03am
Quoting Eredribaen
You have quite a good reason fo trading forex and I respect that. Well I joined forex because it seemed like there was not much else to do. Looking for that extra source of income as not possible wiht my main job. I needed something that I could to at flexible hours. After searching for all the online trading opportunities this one turned out to be the best. I love forex trading. I can trade any time and anywhere as long s I have an interet connection. There are a lot of people that get discouraged along the way but I did not quit. If you are serious...
you explained lot of things why people love doing Forex in the present all, i am agree with you , but we have to remember 90% losers from there , so we have to be more careful when trading in practical.
  • #233
  • Jul 21, 2020 11:23am Jul 21, 2020 11:23am
Forex is one of the most popular business in the world. You can make huge money from this market.
  • #234
  • Jul 24, 2020 2:58pm Jul 24, 2020 2:58pm
its very popular business in the present world , you can make money from this trading place , its true but if you dont have good money management with real discipline you can to forget the success in Forex trading.
  • #235
  • Jul 25, 2020 7:59am Jul 25, 2020 7:59am
Quoting Robertstarc
Forex is one of the most popular business in the world. You can make huge money from this market.
Sadly, one can also lose a lot. A trader should never forget that, I think.
  • #236
  • Aug 2, 2020 4:01am Aug 2, 2020 4:01am
Success here is primarily determined not by how much you know about the market rather how you have performed over a period of time.
  • #237
  • Aug 2, 2020 2:35pm Aug 2, 2020 2:35pm
I think most of the traders trade in the forex market to earn handsome money. But it is not so easy to earn money from this market. You need proper knowledge and education to make money from this market.
  • #238
  • Aug 3, 2020 1:51am Aug 3, 2020 1:51am
Quoting mlawson71
{quote} Sadly, one can also lose a lot. A trader should never forget that, I think.
Well said. Need to keep both sides in mind.
  • #239
  • Aug 3, 2020 6:05am Aug 3, 2020 6:05am
Quoting WillGagnon
I think most of the traders trade in the forex market to earn handsome money. But it is not so easy to earn money from this market. You need proper knowledge and education to make money from this market.
You're on point. Most new traders enter forex with high aspirations but only a small fraction is really successful. It's hard to make profits here and with time, it has only become harder as the market becomes more and more complex.
  • #240
  • Aug 12, 2020 11:52am Aug 12, 2020 11:52am
Forex business is one of the best businesses in the world. Forex is a business that can double your account balance in a month or a year. However, some disciplines need to be maintained here. There is something called money management and risk management in Forex. You have to follow these rules to participate in trading. And if you trade without following this discipline, then I think trading is not for you. You do not mix Forex business with any other business. It is an online business. There are many technical analyses that you need to do regularly. And you have to go ahead in trading.
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