bimal321 Posted April 20, 2013 Share Posted April 20, 2013 I think forex can be used as a full-time job as long as we meet several requirements as follows: 1.we should have good calculation in managing trade risk 2.must have profit targets on a monthly basis 3.we must have substantial capital how is your opinion I agree with this idea. Sure we should have good calculation in manage trade risk and most have profit targets in forex business to make forex as a full time job. To be a full timer you have to spend more capital then usual. Skill and knowledge is most important to trade full time because we have to spend huge time in trading. Quote Link to comment Share on other sites More sharing options...
pepy Posted April 20, 2013 Share Posted April 20, 2013 No, I am using armada markets right now. I think we can start forex trading from 1$ or even from no deposit money. I suggest to make deposit more bigger, at least $25 so you have enough room to maneuver . Or if you are interesting with no deposit money, Armada Markets is giving away 15 EUR on their welcome bonus account so you can test out their live trading conditions. Hm, very interesting broker, maybe i will try it later, since but i can only do deposit for $10 since that is the amount that i can spend right now to test that broker first. Since forex is not my main jobs but as sidejob so far, that is why i still depend on forum bonuses rather than spend from my own pocket. Quote Link to comment Share on other sites More sharing options...
indieover Posted April 20, 2013 Share Posted April 20, 2013 for me i don''t want to make forex my main job even if i can earn well with forex because forex can bring us only money but it can not give us some other things like having to meet people like we do in offline jobs. forex is not something i can have pleasure doing every time. it does not develop my other skills like my creativity. so it is a side job not because it is something that would bring my contentment . Quote Link to comment Share on other sites More sharing options...
pepy Posted April 28, 2013 Share Posted April 28, 2013 for me i don''t want to make forex my main job even if i can earn well with forex because forex can bring us only money but it can not give us some other things like having to meet people like we do in offline jobs. forex is not something i can have pleasure doing every time. it does not develop my other skills like my creativity. so it is a side job not because it is something that would bring my contentment . It seems you are not typical people that cannot do online business so much, but from my point of view, that forex is a good thing and good online business which people can use as their main job, in fact there are so many traders that do the same thing and they still have better social life, and they also increase their own creativity. Quote Link to comment Share on other sites More sharing options...
humanhope Posted May 5, 2013 Share Posted May 5, 2013 To achieve the target profit per month is required to have a large capital so that the target can be realized. but not only capital but how that we do not experience a loss so our monthly profit target can be achieved, and therefore we have to really know and understand how to implement trading strategies. Quote Link to comment Share on other sites More sharing options...
Jeremi Posted May 8, 2013 Share Posted May 8, 2013 I see that we should really have a good preparation in terms of trading strategy and in terms of financial management because it will allow us to get a profit consistently on a monthly basis in our trade with this we would not need concerned with all kinds of losses that exist in our trade. Quote Link to comment Share on other sites More sharing options...
humanhope Posted May 8, 2013 Share Posted May 8, 2013 We must have the right skills and experience to back us up besides substantial amount of capital if you want to go into forex on a full-time basis. For me I would also prefer that I show some consistent profits from trader over a long period of time if I were to look at forex being the main source of income for me. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted May 8, 2013 Share Posted May 8, 2013 For now make forex as my main job is still not possible, even if I choose a broker that is quite right now but my trading skills still have a lot to be developed before I could decide to make forex as a main job. But for traders who already have a good strategy in accordance with his trading style and can be disciplined with those systems, to make forex as main job is possible. For me if forex can be used to my full time job I will be get enough time to spend with my family and enjoy my live time. Quote Link to comment Share on other sites More sharing options...
budado Posted May 9, 2013 Share Posted May 9, 2013 I do make forex my full time source of income right now. But I don't view forex as a job. In fact I do like to see forex as my hobby. I do want to earn good amount of money each month and I'm willing to earn good amount of money each month in here. My goal is to make sure that each time I trade in forex I make good income without fails. This is the only way for me to make good income in here. Quote Link to comment Share on other sites More sharing options...
RodWell Posted May 9, 2013 Share Posted May 9, 2013 At the core we must have a good ability to be able to make forex is beneficial to us and also to make forex as a full-time job because we know to profit in forex is not easy if we only rely on capital that we have even though we have the capital great even without a skill will make us run the risk of losing. Quote Link to comment Share on other sites More sharing options...
Jeremi Posted May 9, 2013 Share Posted May 9, 2013 We have to keep in mind that Forex is an unpredictable market and there is never a chance to earn profits on regular basis. So taking forex as a full time job can be risky as there will be times when you will be in a loss rather than in profits in several times and taking forex as the only income source can be dangerous. Quote Link to comment Share on other sites More sharing options...
humanhope Posted May 9, 2013 Share Posted May 9, 2013 We could use a long-term strategy but what if you only use a small capital whether to use a long-term strategy, because the long-term strategy is very risky at all when we suffered a loss because of the capital that is used is small. Therefore if you want to be trading forex as the main livelihood, we must first master the forex trading. Quote Link to comment Share on other sites More sharing options...
sakai Posted May 11, 2013 Share Posted May 11, 2013 I think that you can make money from forex but not completely depend on the income derived from forex and we can live better life, never foreget that forex is risky also not to ignore the big profit potential it has and so having a regular job and trading part time may be best option. Quote Link to comment Share on other sites More sharing options...
RodWell Posted May 11, 2013 Share Posted May 11, 2013 It's clearly that there are many people, not too many, but quite good, and they are doing forex trading as the main job, main business. Forex for living is for them. Few of them is my friend here. They are doing good and not bad in forex trading though. So, this is the fact. Quote Link to comment Share on other sites More sharing options...
pepy Posted May 11, 2013 Share Posted May 11, 2013 It's clearly that there are many people, not too many, but quite good, and they are doing forex trading as the main job, main business. Forex for living is for them. Few of them is my friend here. They are doing good and not bad in forex trading though. So, this is the fact. Forex for living is something that every people can do, and in fact that become something that is mainstream right now, you can see many of them earn decent earning per month and even opened PAMM account but for me forex as sidejob and hobby also for me, i don't spend too long time and just be happy with it. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted May 19, 2013 Share Posted May 19, 2013 If we used to have Forex as a living, then we should prepare for the different necessities to get started. This involved with the amount of capital and we need to have decent broker that will satisfy our needs and of course, that we have enough experience and good strategy. We can have first as part time then later on will have it full time trading. Quote Link to comment Share on other sites More sharing options...
budado Posted May 19, 2013 Share Posted May 19, 2013 If I can earn minimum of 1,000 dollars a month I can say yes but if not then I guess I can say no. For I can only call forex as my full time job or source of income if I can say I do earn more than 1,000 dollars a month and I can only do that if I can find ways and means to make this run for good. I'm sure I can run this for good. I just need to make something good out of my time studying how to be a successful trader. Quote Link to comment Share on other sites More sharing options...
Samar Posted May 20, 2013 Share Posted May 20, 2013 Actually trading for fulltime actually is a possible thing to do, and many people already do that thing, i really wondering if TS don't know about this, or maybe in his/her countries, there isn't other trader that trade for fulltime. For me this condition is far away for me, I am still not have enough skill to be full time on. Quote Link to comment Share on other sites More sharing options...
pepy Posted May 21, 2013 Share Posted May 21, 2013 I think many people will prefer to earn forex as their own living, if they can earn at least $1000 per month from forex, and i think they will prefer that as earning but actually with that amount people will make forex as real place for traders to earn money from forex. and from my point of views, you must prepare for risk when you want to earn with forex and make it as your living. Quote Link to comment Share on other sites More sharing options...
Samar Posted May 24, 2013 Share Posted May 24, 2013 To achieve the target profit per month is required to have a large capital so that the target can be realized. But not only capital but how that we do not experience a loss so our monthly profit target can be achieved, and therefore we have to really know and understand how to implement trading strategies. Quote Link to comment Share on other sites More sharing options...
adnan007 Posted June 1, 2013 Share Posted June 1, 2013 Forex can be used as a part-time as well as full-time job depending on the intent of the trader. However, taking it as a full-time job can be risky at times as forex is an unpredictable market and losses do come in this business. Therefore, being fully dependent on your forex earnings for living can be risky at times.So, it is best when taken as a part-time job rather than full-time. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 4, 2013 Share Posted June 4, 2013 Forex is available for what kind of jobs that we will get, i don't really care if that is a good or bad jobs and is that part time jobs or fulltime jobs because actually you can earn while learning, and even students also can learn forex and earn from it, which i think is the best part. Quote Link to comment Share on other sites More sharing options...
budado Posted July 19, 2013 Share Posted July 19, 2013 Right now I'm trying to use forex trading as my full time job. Right now I only earn 130 dollars and I know its not enough but I'm hoping that in the long run I can still end up sustaining and maintaining my account. I'm really happy and excited to see myself becoming a successful trader. And I'm sure 130 dollars profit is some how good compare to others but my main goal is at least 500 dollars a month earning. Quote Link to comment Share on other sites More sharing options...
somupriti Posted July 24, 2013 Share Posted July 24, 2013 If you have ability and correct insitye then there is no huddle to make Forex as a full time job. but it did not require to invest your total time in trading as the process takes really less time to set if the analysis is done properly and the market is invested correctly. So try Forex as a full time income sourse. It is amazing and interesting to feel the tension with Forex trading while going with real money from wallet. Quote Link to comment Share on other sites More sharing options...
gaban Posted July 24, 2013 Share Posted July 24, 2013 Forex is flexible, it can be a part time job and full time job. Both will give living for us if we wanna trade well, surely we should understand the knowledge, we also should improve our trading skills to make our trading result will be more maximum. Wanna make forex as part time job or full time job, the decision is in the hands of each of us. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.