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Is anyone here earning a living, just with forex trading?

  • #181
  • Sep 27, 2016 8:36am Sep 27, 2016 8:36am
Quoting mlawson71
{quote} I didn't mention the family fund management because in my opinion that is something that is necessary regardless of a person's occupation. One may not be Forex trader but knowing to manage family funds is still an essential skill. Unfortunately that is not something that many people stress on when they bring their children up, nor is it focused on in various educational systems. The one exception that I know about is Japan, and there are likely others as well, but it's not something that is practised all over the world, which is unfortunate....
Not that exactly I mean in my post what I wanted to stay if you have to make a living out of trading then money management both in trading and family allocation of funds for day to day surviving was very important but very few here trading for living.
Never Gamble Forex
  • #182
  • Sep 27, 2016 8:56am Sep 27, 2016 8:56am
just because someone makes 20k on forex does not make the person a "good trader" !!

its only a matter of equity.
  • #183
  • Sep 27, 2016 1:21pm Sep 27, 2016 1:21pm
I myself not earning much from trading but I do have a lot of friends in my face book friends list that are full time traders and they make huge money as profits each and every month
  • #184
  • Sep 28, 2016 12:01pm Sep 28, 2016 12:01pm
Quoting yesyoucan
{quote} Actually You didn't realize what i actually want to say... If you earn that amount..sure ..come to earth ..people above 20k $ monthly don't come to FF so forget that thinking. I mean managing family from trading earning if you have to live life by trading.

Well its really difficult because it puts additional psychological pressure on you because you know any big trading loss can be fatal i.e. put your family in financial strains, so you are trying to be as much conservative as you can, trying at the same time to earn there because you need to keep your family.
I can't imagine trading on my own money without stable income and maintaining family really.
  • #185
  • Sep 29, 2016 4:19pm Sep 29, 2016 4:19pm
the emotions do play a big part for me more so because I feel guilty when I lose money as I know I'll cope an ear full from my other half!!
  • #186
  • Oct 21, 2016 8:44am Oct 21, 2016 8:44am
Trading really require money & behavior management a lot. the rest is only tool for your entry & out.
you cant expect each trade provide +pips. if lose, do you can handle your emotion?
it also depends on your capital for trading & risk management.
Personally, I only doing it part time. no need to rush/anger if losing. if win, add as a extra bonus for that year.
(personal view)
Let Market Tell You
  • #187
  • Oct 21, 2016 10:00am Oct 21, 2016 10:00am
Quoting nullx8
just because someone makes 20k on forex does not make the person a "good trader" !! its only a matter of equity.


My choice is to be a part time trader, working my regular job and taking those pips here and there. That helps me boost my budget ( sometimes )
  • #188
  • Dec 23, 2016 10:07am Dec 23, 2016 10:07am
Quoting nullx8
{quote} sadly, that is not untrue ! if you a daytrader .. forget about doing this from home !! unless you have a dedicated trade-room, better rent a small flat where you do that. trust me i went so many times get milk or watch my daugter for a moment where shit did hit the fan basically the secound i left the screen and (of course) forgot to set T/P in most cases like this .. the price will first give you a 1:100 ratio .. and then smash right into your Stoploss the secound you come back Murphy's laws no seriously: dedication...
thats not true,thats induvidual,I cant forget set tp I trade from phone at job
  • #189
  • Dec 24, 2016 5:24am Dec 24, 2016 5:24am
I don’t know, it’s pretty hard to focus on trading when the constant hustle and bustle of home life distracts you all the time.
  • #190
  • Dec 27, 2016 10:10am Dec 27, 2016 10:10am
Quoting mlawson71
I dont know, its pretty hard to focus on trading when the constant hustle and bustle of home life distracts you all the time.
I completely agree. Sometimes I can focus and have nice results and when I am distracted, I get a bit messy and we all know how it ends.
  • #191
  • Dec 28, 2016 4:54am Dec 28, 2016 4:54am
i plan to eventually! wen im more experianced and earning more
  • #192
  • Jan 2, 2017 2:19am Jan 2, 2017 2:19am
it can be said to earn a living, but before plunging in trading account we need to do in order to study its advantages can be obtained. because with a reminder of the high risk we have to continue to do the study for the risks can be controlled
  • #193
  • Jan 2, 2017 5:56am Jan 2, 2017 5:56am
Quoting thepiphunter
{quote} I completely agree. Sometimes I can focus and have nice results and when I am distracted, I get a bit messy and we all know how it ends.
Hopefully this year you and I both will find the focus we need to trade well consistently.
  • #194
  • Jan 2, 2017 11:13pm Jan 2, 2017 11:13pm
forex trading is indeed their very high profits and can also be called to make a living, but we should be able to advance in skill ability to optimize trading. Because of the high risk will not be afraid in managing its risks properly
  • #195
  • Jan 9, 2017 11:17am Jan 9, 2017 11:17am
Quoting mlawson71
{quote} Hopefully this year you and I both will find the focus we need to trade well consistently.
I hope so too!! This year could be ours
  • #196
  • Jan 10, 2017 7:22am Jan 10, 2017 7:22am
good luck!!!
  • #197
  • Jan 11, 2017 6:27am Jan 11, 2017 6:27am
Not yet. I hope to one day.
  • #198
  • Jan 11, 2017 9:48pm Jan 11, 2017 9:48pm
earn a living in the forex can be done, because by having a large variety of advantages that we would have obtained, in order to survive in forex trading
  • #199
  • Jan 12, 2017 3:57am Jan 12, 2017 3:57am
Earning a living with forex alone is hard, don’t let anyone tell you otherwise. It takes years to get good enough to do that and many people often given up before they have developed their skills fully.
  • #200
  • Jan 13, 2017 3:03am Jan 13, 2017 3:03am
Quoting mlawson71
Earning a living with forex alone is hard, dont let anyone tell you otherwise. It takes years to get good enough to do that and many people often given up before they have developed their skills fully.
yes indeed in forex trading business should be to do the study first, because without a good learning would be useless, and with it the more effective learning can take advantage of a demo account, with a demo account to learn how to trade properly and will also be free from the risk
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