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Can forex trading be a main job?


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@sasanka: It is a logical one, with bigger capital you can afford bigger profit and with this causation you may earn bigger if you could maintain your profit in certain amount of pips you get per day, week, or month. It is not easy some people couldn't avoid to lose and maintain so they prefer forex as side job only not as main job.

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  • 2 weeks later...

Main job means that your job is the place where you put all of your expenses. If you want forex as main job through your life, it means that you should make sure if all of your expenses already included into your forex earning. If all can be included then YES you can switch if not Never ever think about change your main job to forex, no matter what everyone say.

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We can make forex as a primary job, therefore, we need to be able to utilize a demo account properly for us to improve the skills of good trading. With good skills that will make us able to get a consistent profit in forex trading so that will deliver maximum results for our trading

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Yes, forex can be a main job for traders,  all traders from over the world can change their currency maybe boring job to more challenging and risky yet rewarding job like foreign exchange. What you need to do is big capital to support you so even multiple loss won't make you suffer.

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Well it could be our main job without doubt. First what you need is enough experience, profitable strategy, good risk management and for sure a lot of capital i think thousand dollars already more than enough if we talk about how much capital you should have to turn forex as main job.

 

As long as you're good enough to be a profitable trader, you may consider this business as your main job...

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That is why first you need to analyze is this job suitable for you or not? The answer is depend on your skills and also your capital. Some people are skilled but limited to their capital which make the slower or harder to expand. Profit is important but considering the risk is the same, you should think it wisely before discard your may profitable and stable job.

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Trading as long as we can have a stable and sufficient income to our live forex and can continue to continue his income from our trading system. That sure just for those who are expert with trading. Becoming a professional trader is not different from becoming a lawyer or a physician.  It’s not only a highly competitive field, but also requires a variety of different skills that a trader needs to develop over the course of years. Therefore, TICKMILL can give you the a last important advice now: don’t look for shortcuts – they don’ exist in trading. To simulate how different account sizes, win rates and other trading figures work together, you can try TICKMILL A demo account and Video Tutorial/webinar. 

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@gober: I think many people will say that forex can become a main job for us. It is not a big deal for anyone who gain experience with foreign exchange but for someone who is just a newbie it is better to treat foreign exchange just as sidejob before start to change our main job to foreign exchange.

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@aliforex: But in the end that is depend on that person if they want to change his/her main job to foreign exchange. However, one need to think about the risk of change this kind of job. Will that lead to more risk or it will simply make difference into their lives if foreign exchange become a man job.

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@aliforex: But in the end that is depend on that person if they want to change his/her main job to foreign exchange. However, one need to think about the risk of change this kind of job. Will that lead to more risk or it will simply make difference into their lives if foreign exchange become a man job.

 

Yes, it's depend on the the trader also.we need work hard and trade well. So that ywe  can earn much money from forex trading. Besides, we need to invest our money and time. Then we need to trade properly. 

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Forex can we make as a major job because doing so will allow us to trade with the maximum if we have the skills and good trading psychology which will make us better able to maximize the trading capital. That way we will be able to get the maximum trading

It is true that forex will be our major effort if we turn forex as main job since we don't have to do anything aside from forex and focus ourselves to forex alone, with this kind of effort making profit would be so much concentrated and i think tackle some issues won't be such a s big problem.

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  • 2 weeks later...

The thing to note is what effect that will arise when someone start to make forex as the main job? whether a trader will focus everything into it or they can devote time to other business? Also how much capital you have, how big your earn or how much loss you suffer so far? If most your answer is good or positive then taking a step to be a full time trader is open.

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Many people do forex trade as a main job but some of people do as part time job , But main theme of all trader are same that is earning from forex .Only talented and good trader can do forex job as main job because forex trade needs good experience and regular practice .From forex people can earn good income and this trade is real online business , every people of the world are trusting over forex trade .Forex trade is big and proffesional business .

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With small amount of money and also our chance to earn even bigger than what we invest is another temptation for many traders so they will join forex itself. Trading can be our main job only if the earning stable which mean it could replace your stable but boring main job(if you only have).

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  • 2 weeks later...

that is true, the temptation is bigger than other kind of business but people usually don't count the risk, they only think about profit and profit while abandon this counting. It would be wise for a trader to see if their skill is good enough for treat forex as main job, since we know main job need stable amount of money that flow into our bank account LOL

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  • 1 month later...

 

It's too risk we are new in forex then we make forex as our job. I think we should do trading as our part time job until we can make profit consistently and i think we can make it as main job, but it would better if we also have other real job as our backup of finances. 
Edited by gaban
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Well according to me this can be the main or primary job for any trader because only thing we need to work is learning. the knowledge and earning make any trader able to handle the trading accounts easily. and they can also gain experience by working on demo account, so they can quit their jobs when they start earning well.

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@zef361 Hold on yer horses bray. Look at that because what we need is learning? Are you kidding me, foreign exchange need learn but it also need others so you can it is not just learning but more than THAT. Forex requires experiences, requires patience, requires good analysis and so on. So when you hear someone mumbling about that again, just leave him/her alone or quietly agree with them.

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Not just like that, if that is the case i am sure a lot of traders should have better life, but in fact is not. FX is a dynamic business with so many changes and to make thing worse as long as you cannot maintain the risk you are in the side of hell. Fx is not just about knowledge it needs experience, a lot of experience.

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