ellliottt Posted December 23, 2010 Posted December 23, 2010 Are you a business man just trading forex? Do you take forex trading as business? Does it solve all your monetary problems? With forex trading can it pay all the bills? Can you make enough money in forex to concentrate only on it as your main income earner? 1 Quote
rehan Posted January 1, 2011 Posted January 1, 2011 Forex is not a business for me, In fact online earning systems are not a business for me but a part time thing. I am happy that I find some good earning opportunities online and they have helped me a lot. As far as taking forex as a business will need a good capital along with huge experience. Quote
wasi90lkv1 Posted January 7, 2011 Posted January 7, 2011 if you are good at forex trading and can make at least 50% monthly profit, i think you can make forex trading your living. i think forex trading is a good way of making money from online, it may be considered as a business. Quote
mownabratadey Posted January 9, 2011 Posted January 9, 2011 Yes, I wanna be professional online Forex trading as it can pay us with doubler money within week, But it's not for careless peoples who don't care of loosing their investment. Here is very big risk if the movement goes to reverse direction & we can loose all our spendings.... So we must educate enough in this platform to be good trader... Quote
mundi Posted January 11, 2011 Posted January 11, 2011 I really want to make forex as my main business ... I think it would be advantageous ... but now I'm still in the learning stage ... Quote
boniez Posted January 21, 2011 Posted January 21, 2011 I really want to make forex as my main business ... I think it would be advantageous ... but now I'm still in the learning stage ... if so do not always make forex as your main business, because if too much force, will it be harm, even many who are expert traders, but they still have other businesses and not too prioitize forex business Quote
t2t Posted January 23, 2011 Posted January 23, 2011 I want to take forex as my main online business but im yet to get the cash to go for a full time training on it. The cash to learn forex offline in my resident is way too high. But i m wondering if anyone can make it as their main source of income online? Quote
standart Posted February 19, 2011 Posted February 19, 2011 I have a plan to make forex as a main business and get main income from there. I can see the potential income that can I get from forex business but seems still much effort for me to get it. for now, forex is still not my main income source yet. Quote
sirwilly Posted February 20, 2011 Posted February 20, 2011 In my opinion, it is better think of Forex earnings as an additional extra. Profits are not 100% sure, so it is imporant that the trader has somewhere to fall back on should he become distressed. Quote
andry777 Posted March 2, 2011 Posted March 2, 2011 Yes, forex is business which is high risk and also it needed many knowledges and experiences for people who wanted to success in there. But the good news, we could use forex as our part time job because we could trade everywhere and everytime we had spare time. Quote
Nikhil Posted March 2, 2011 Posted March 2, 2011 @andry777 you are correct . i think for high risk we may do forex trading first time with broker money when many broker offering bonus without deposit and for getting knowledge we may trade demo and if we have confidence than use own money. i done that and as a 24 hours open market its really great advantage of forex. Quote
andry777 Posted March 2, 2011 Posted March 2, 2011 @nikhil Yes, to reduce the risk, we must use demo account first in our trading so we won't loss too much when we are training to do trading. We could learn the best strategy before we used that in real account. We could use forex as our part-time business. Quote
Nikhil Posted March 3, 2011 Posted March 3, 2011 @nikhil Yes, to reduce the risk, we must use demo account first in our trading so we won't loss too much when we are training to do trading. We could learn the best strategy before we used that in real account. We could use forex as our part-time business. I am agree with you fully but after demo when we trade in real than there is probabilty of loss but we should give up and i also dont do that but always alert about my money management and definitely use if as a part-time business. Quote
andry777 Posted March 3, 2011 Posted March 3, 2011 @Nikhil Yes, after we used demo account and we have found suitable strategy and profitable off course with our style, then we could try to real account. Sometimes, we couldn't trade well not because we are not good in trading but sometimes that was because our psychology is not good enough and that needed some training. Quote
Nikhil Posted March 4, 2011 Posted March 4, 2011 @andry777 you are correct that we can use demo for suitable strategy and profitable trading and think most of the trader also do that . but about psychological issue it not help us but we need overcome it by ourselfs. Quote
andry777 Posted March 4, 2011 Posted March 4, 2011 @Nikhil Yes, demo account couldn't help you to train about psychology in forex because we didn't use real money in demo account. If you wanted to learn psychology with free of risk, you can try to follow contest trading, but it's not as real as you used real account but it will train your psychology for a little. Quote
mownabratadey Posted March 6, 2011 Posted March 6, 2011 I didn't find any trust on it as real business, better to try with it just for fun & getting some money with our spending amount, as we like to play poker,gambling just like that... although it's not lottery as many of us think about it wrong.... So it's only a side job or part time, time pass job... Quote
andry777 Posted March 6, 2011 Posted March 6, 2011 @mowna Oh, I am different with you. I think forex is not like gambling or betting site because it is real business which can give us good amount of profit if we learned it well and we could analyze well. It's okay if you liked to use forex for fun only, but if you did that so you won't get high amount of profit consistently in forex. Quote
Nikhil Posted March 7, 2011 Posted March 7, 2011 I didn't find any trust on it as real business, better to try with it just for fun & getting some money with our spending amount, as we like to play poker,gambling just like that... although it's not lottery as many of us think about it wrong.... So it's only a side job or part time, time pass job... you are totally wrong about forex and it seems that you need so much study about forex. forex never gambling its a serious business and very very hard to understand this without proper study and experience . and if anyone think forex like that than huge loss awaiting for them although when i was very new also though like this. Quote
andry777 Posted March 7, 2011 Posted March 7, 2011 @Nikhil Yeah, that was right. I am agree with you, forex is not gambling which we opened position only because our feeling or our luck because we couldn't depend on luck and feeling only in forex. There is knowledges about forex which made us could make analysis and make good decision in forex market so we seems like, knew how to do before the event is happening. Quote
boniez Posted March 12, 2011 Posted March 12, 2011 @Nikhil Yeah, that was right. I am agree with you, forex is not gambling which we opened position only because our feeling or our luck because we couldn't depend on luck and feeling only in forex. There is knowledges about forex which made us could make analysis and make good decision in forex market so we seems like, knew how to do before the event is happening. I also agree, forex is not gambling, but there are some traders who may also make the forex as semi gambling if they only rely on other traders, regardless of the strategy Quote
andry777 Posted March 13, 2011 Posted March 13, 2011 @Boniez Forex is similiar like another investment business like real estate, stocks, etc which some people could say if we are semi-gambling but my opinion, that is not, because we have calculated and analyzed that the possibility of profit will be greater than loss. Off course there are some conditions which is out of our control and I think that is not gambling. Quote
chuna1985 Posted March 29, 2011 Posted March 29, 2011 Forex trading solves my monetary problems but not all of them. But from the market results that i have, i know that it can provide all my needs. I will be able to do that by increasing my account balance very well. Quote
girlaloosh01 Posted April 2, 2011 Posted April 2, 2011 I also agree, forex is not gambling, but there are some traders who may also make the forex as semi gambling if they only rely on other traders, regardless of the strategy They look at forex as a form of gambling because it only involves trading and all you have to use is your own mind and your own strategy. Forex was connected with gambling for the mere fact that it involves your money, and all you have to wait for is your own luck. Like in gambling, sometimes you win, and sometimes you also lose. But forex for me is not that really a form of gambling. First and foremost, it's legal unlike gambling. And the reason why some traders lose is because they associate trading with gambling by putting their own money on risk without even deciding what to do next. Quote
wasi90lkv1 Posted April 3, 2011 Posted April 3, 2011 forex trading can be considered as a business, if you take other people's money and trade. but if you trade on your own, maybe you should not call it a business. forex trading can be a profitable business. Quote
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