Community Forex Questions
Forex trading as a main source of income
I do not agree on making forex trading a main source of income to be honest. While it sure sounds enticing, I think that considering the risks involved one needs to think twice before quitting a normal job so as to focus entirely on earning money from forex trading. It could turn out to be a profitable venture over time, but it is best to take it really slowly and carefully until one is ure it is feasible and relatively safe for his level of experience, commitment and projected income.
Forex can be a steady source of income, but first you have to learn a lot and spend a few months on a demo account, the profession of a trader is not easy, but very profitable.
For many traders, forex trading is their main source of income. For hundreds of thousands of dollars, they can open as many positions as possible to maximize their profits. Orders are typically fulfilled within a few days. Anybody can start trading with a broker.
Oct 14, 2021 04:55