Are you a full Time Trader Or Part Time? | Forex Factory

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Are you a full Time Trader Or Part Time?

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  • #1
  • First Post: Jun 2, 2008 8:24am Jun 2, 2008 8:24am
I have observed that lot of peoples are not full time trader's as they are part time and forex is their 2nd source of Income. I think only because its a dangerous business?
Do you think its a good profitable Business with high return so No problem to become a full time trader?

or

Do you think it's a dangerous business. So you are happy with just part time earning from this business?
  • #2
  • Jun 2, 2008 8:36am Jun 2, 2008 8:36am
Quoting PipHacker
I have observed that lot of peoples are not full time trader's as they are part time and forex is their 2nd source of Income. I think only because its a dangerous business?
Do you think its a good profitable Business with high return so No problem to become a full time trader?

or

Do you think it's a dangerous business. So you are happy with just part time earning from this business?
Hi,

I am a fulltime trader.

This business can be dangerous, but to be successful you have to manage risk. You have to be able to accept that you cant win them all and learn to accept losses as part of the overall picture. You must stick to your plan and be consistent in your approach. When i hear people say they are risk takers, i just laugh. Every trade is a risk, so to be able to trade you have to accept that each trade carries a degree of risk, and also a degree of randomness too.

And if your not sure about a trade, dont take it or get out fast.

Good luck!

shinny
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #3
  • Jun 2, 2008 10:03am Jun 2, 2008 10:03am
Quoting shinny
Hi,

I am a fulltime trader.

This business can be dangerous, but to be successful you have to manage risk. You have to be able to accept that you cant win them all and learn to accept losses as part of the overall picture. You must stick to your plan and be consistent in your approach. When i hear people say they are risk takers, i just laugh. Every trade is a risk, so to be able to trade you have to accept that each trade carries a degree of risk, and also a degree of randomness too.

And if your not sure about a trade, dont take it or get out fast.

Good luck!

shinny
Well Said
  • #4
  • Jun 2, 2008 10:11am Jun 2, 2008 10:11am
I am a full time trader wannabe.
  • #5
  • Jun 2, 2008 10:16am Jun 2, 2008 10:16am
I am a Fool Timer,

Really dosent matter if u trade full time or part time, I know part timers who make more than full timers.

What matters is your skill level and experience. The best would be a full time income with a part time working hour.


Cheers

mt
  • #6
  • Jun 2, 2008 4:10pm Jun 2, 2008 4:10pm
Quoting aiyahmarklah
I am a Fool Timer,

Really dosent matter if u trade full time or part time, I know part timers who make more than full timers.

What matters is your skill level and experience. The best would be a full time income with a part time working hour.


Cheers

mt





I could not have said it any better, I am a full time trader as well
  • #7
  • Jun 2, 2008 11:15pm Jun 2, 2008 11:15pm
Quoting aiyahmarklah

What matters is your skill level and experience.


Cheers

mt
Agreed.
  • #8
  • Feb 22, 2019 10:49am Feb 22, 2019 10:49am
Quoting aiyahmarklah
I am a Fool Timer, Really dosent matter if u trade full time or part time, I know part timers who make more than full timers. What matters is your skill level and experience. The best would be a full time income with a part time working hour. Cheers mt
I fully second this. It is never really important whether you are a full time trader or a part time trader for you to succeed in the Forex market. What matters is that you have the right strategy, experience, skills and analysis capabilities. Forex can be dangerous, but with the right strategies, it is very profitable
  • #9
  • Feb 26, 2019 5:36am Feb 26, 2019 5:36am
I see, almost 60% traders are part time trader in thread based on the vote’s result; strange! I thought, maximum traders are the full timer here.
  • #10
  • Jul 3, 2019 2:10pm Jul 3, 2019 2:10pm
I am part time trader I still couldn't get anything done really to the level where I would have so much time and money to shift from my day job to that level and that is simply fantastic to any real level here. I am constantly improve myself so I'll probably will become somewhat 6 hours a day at least to that work and not less for sure, thanks for creating such wonderfull forum where we all can learn something new. Isn't it just great from the comfort of your home to have something like that.
  • #11
  • Jul 9, 2019 4:03pm Jul 9, 2019 4:03pm
would love to be full time but am no where near ready yet
  • #12
  • Jul 11, 2019 5:28am Jul 11, 2019 5:28am
90% of us are failing and that's in combination of both full time and part time I don't think personally I can do anything else other than trading..
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  • #13
  • Jul 19, 2019 4:41am Jul 19, 2019 4:41am
been trading now 8 years and just recently fulltime. Stress level is much higher when only income is coming only from trading so I wouldnt recommend it to anybody if you havent have years of experience of profitable years...
  • #14
  • Jul 20, 2019 12:17pm Jul 20, 2019 12:17pm
Quoting Abe1976
been trading now 8 years and just recently fulltime. Stress level is much higher when only income is coming only from trading so I wouldnt recommend it to anybody if you havent have years of experience of profitable years...
I wish you success and less stress!
  • #15
  • Jul 30, 2019 7:31am Jul 30, 2019 7:31am
According to the pool result; there have so many full time traders here; really impressive!
  • #16
  • Aug 7, 2019 4:32am Aug 7, 2019 4:32am
I am a part-time trader and my job is being retired. I'm enjoying both.

If I had to trade full-time to make the extra money I want, I would count that as a failure.
  • #17
  • Aug 7, 2019 3:03pm Aug 7, 2019 3:03pm
honestly speaking, i have never seen at any guys who already achieved success very rapidly as a part time trader, its a long time approach , so full time trading is more appropriate
  • #18
  • Aug 27, 2019 5:15am Aug 27, 2019 5:15am
Hi everyone,

Just thought I’d pop in and introduce myself before becoming what I hope is a fixture in this forum

My name is Ray and I’m going on 40 (not sure how that happened), I’ve been doing freelance content writing and social media for almost a decade now, and I’ve had the opportunity of working for many brands and companies along the way.

Since most of my work is done from home with only the occasional client meeting here and there I often find myself with spare time and the ability to gain knowledge in fields that interest me.

Over the years I’ve gotten to work for a number of financial companies and gain insight into their business, it seems that through that I’ve had a glimpse into the world of Forex trading and while I’ve only dabbled in demo accounts so far I think I’m ready to move into the major leagues.

I hope to gain insight from this forum and share some things with you as well.

For example - one of the things I had noticed over the years is that something that is sorely lacking for the field is the ability to laugh at certain situations and things that happen to us and I believe that is something that every trader needs to be able to do so that they can remain sane through tough times.

To that end, I found something nice and I hope you can laugh at it, and furthermore - I invite you to add your own market jokes/quips/memes/whatever to help brighten up a day.

Have a successful day everyone!
  • #19
  • Sep 9, 2019 8:51am Sep 9, 2019 8:51am
I still wonder if someone trade part-time, how do you deal with the relationship between your main jod and trade?
these things puzzle me for a long time.
  • #20
  • Nov 1, 2019 6:17am Nov 1, 2019 6:17am
Quoting Godblessme
I still wonder if someone trade part-time, how do you deal with the relationship between your main jod and trade? these things puzzle me for a long time.
You have to create a system, systematized your method, if not possible then that's your first challenge.
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