Forex as a business Do you take forex trading as a business?

[riddick09]

Important is after we have knowledge we can have continuous profit as if we gain many experience and knowledge but unable to have profit then it is not appropriate to continue it as business until we got profits daily for our trades.

[monyitomon]

Take it as a business if you think you can earn much than you can earn in Offline business then until you can't earn that amount then you must not take it so serious you still need to work offline to make it possible until you can fund your Forex account a big capital.

[pinoycity]

I believe that it is a must to consider forex as a business so that you will really take it seriously. A business will be something that you like to see grow and in forex, you like to see yourself grow as a trader.

[monyitomon]

Forex is one of the riskiest businesses of all. You can either earn money or you can lose it. I think we don't need to take it as a Business because Forex itself is a Business. ^^, As long as you have a currency to trade then you can start Forex.

[pinoycity]

Not really. I do not think, Forex is the riskiest of all business. The risk comes from the attitude of a person. The more aggressive person will have the higher risk. In Forex you can control your risk, but if you are aggressive, this can increase the risk.

[bringpeace]

In forex risk to get profit is as big as risk in loss. So if yo want take business, i think we must take business that have low risk. So business like forex we can't use it for main business because it very risk. IF you good trader maybe can use forex as main business but in my country people still have offline job and do forex as side job so thay can trading after they work and get additional income although income from forex is more bigger that they main job

[monyitomon]

Yes, it's not the RISKIEST! Just one of the riskiest because even you say a newbie in trading it's still a trader so many people are actually losing a money in forex and the worse scenario is losing money is very easy in Forex.

[rexway]

With job scarcity this days in less develop country like mine I think forex trading is to be consider as a business model for those that know how to trade it ,it can put food on one table if you realy master the technical know how of forex.

[pinoycity]

This is, indeed, a good way to beat unemployment. And this might even be better than working for a company. But this will take time. It is better to get trained while still working. This way, you are developing your skills that when time arises that you need to get out of your day job, you will have something to lean on.

[rexway]

Yes,you have to get train first befor jumping into the business,and its realy a good way to beat unemployment,easy as that.

[pinoycity]

Can you hire analysts who will trade for you for each of the pairs? One analyst will trade for this pair, another analyst for this pair and so on. It could be a business but it will entail big capital.

[valexer]

i guess it will depend in your performance as a forex trader. When your are winning most of the time in live trades then maybe you will have greater chances of earning more. But in order to have big profits, you should a big capital also just like any other businesses.

[pinoycity]

i guess it will depend in your performance as a forex trader. When your are winning most of the time in live trades then maybe you will have greater chances of earning more. But in order to have big profits, you should a big capital also just like any other businesses.

 

Yeah, I agree. The profit is also, in many ways directly proportional to the amount of money in your account. And this is like many other businesses. You will need a lot of capital to get a lot of profits.

[stezz]

i'm newbie in forex thing

i think you can make forex for living

because i see my friend solve money problem because of forex

[pinoycity]

It will be good, I believe, if a beginner trader will consider forex as a business. With this mindset, this trader will be serious with his learning or training in order to formulate a good strategy.

[rexway]

If one realy want to make a good profit from forex he most take forex as a business model with this he or she will commit himself into the business and make good profit out of them

[budado]

Can you hire analysts who will trade for you for each of the pairs? One analyst will trade for this pair, another analyst for this pair and so on. It could be a business but it will entail big capital.

Why hire? If you can invest in pamm. Its much more convinient an the risk is the same. At least in pamm you're money is in pool and you can stop investing ing pamm if you want to. Unlike if you hire an analysis and you need to pay that person for his review and same time if you loss a trade then you loss twice.

[flybiz08]

Yes, I take forex trading as a serious busines and like every other serious business out there, I plan on how much I should invest in one trade and then I calculate the potential return. I also make sure that I'm profitable at the end of the day by sticking to the plan I have on ground.

[PROPENSITY100]

Yes I consider Forex as a good business opportunity. Like any other legit business Forex also requires proper learning and experience to excel in it. Without knowledge or practice a trader can easily lose money in Forex trading.

[saiansh23]

You need to understand one thing fx is not a magic it wont solve everything in days. First have some experience and have some good funds and time is must and start learning i would advice a professional Institution as they can guide you through everything and you should be willing to learn. Otherwise open the chart attach few indicators to it start buy and sell in overbought and oversold situations

 

Rgds

[gaban]

Of course. Forex is a business and I have to treat it as a business, not a game or a perjudian.Forex is a risky business, if we are not serious in running it, we could lose a lot of money. But if we can also use a broker to get a bonus of convenience when trading, such as the posting bonus etc..

[uncle gober]

Yep, for me forex is a business, so I treat it carefully, thoughtfully

I wanna make trading for living. It is not easy, but if we always work hard, we can make it.

[riddick09]

It will be provided that we have our trading capital here before, we can actually make Forex business or even start with the demo trading. If you really want to make it as serious business and for living then, you should have consider a good amount for the initial investments you will make in your trading accounts and to give or spend good time in learning Forex market.

[pepy]

Of course. Forex is a business and I have to treat it as a business, not a game or a perjudian.Forex is a risky business, if we are not serious in running it, we could lose a lot of money. But if we can also use a broker to get a bonus of convenience when trading, such as the posting bonus etc..

haha yeah, forex is truly a business and not gambling, but if some people still want to put forex as gambling they can do that, in fact Forex need a good analyzation skills to predict how market move, and also it is only for luck. Since forex is a business we also need to treat it as Precious Business for us

[savehouse]

haha yeah, forex is truly a business and not gambling, but if some people still want to put forex as gambling they can do that, in fact Forex need a good analyzation skills to predict how market move, and also it is only for luck. Since forex is a business we also need to treat it as Precious Business for us

 

i totally agree with you, Forex is business and we need to understand how it work before think of trading at all.i guess the level of understanding has lots of role to play for one as a trader before one can think of taking forex as a full time business.forex trading can be very fun if we understand the rudiment that to success when trading,