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The best way to make living in forex is by have a regular income through forex. It is clear when you have regular income ,that stable income will be the source of yours and it is better if that stable income you have are more than enough to cover your basic expense as modern human such as internet connection, foods, transportation, or even electricity and some taxes since this is business afterall.

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The best way to make living in forex is by have a regular income through forex. It is clear when you have regular income ,that stable income will be the source of yours and it is better if that stable income you have are more than enough to cover your basic expense as modern human such as internet connection, foods, transportation, or even electricity and some taxes since this is business afterall.

 

Agree, stable and consistent incomes will make you earn some good money for living

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It takes time when it comes to learning something that you can earn more on the thing you have learned

Many trader said if forex is not easy way to get rich at short time, this is required long time process and learning always in daily trading activity, and how to making money with forex some trader might they prefer use ea to replace their hand in trading activity but also this need long time backtesting
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We certainly will be better prepared later on to be able to run properly if trading activities are already practicing first with a demo trading account. As a result of doing that I also happens when trading on TICKMILL

Many trader suggested for newbie to use demo account, this is free place to learn and practice in real market condition using virtual money and will better if trading in demo account seriously with using risk management and money management and not only for fun and forget to learning, actually in demo account we can test system trading for certain period of time and making summary result as review system trading
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So far i think that is the only place for newbie, one of the best place which newbie shouldn't never forget to train there, the cost is relatively low if we consider out time as the cost, but if not then the cost is practically zero because you don't have to spend any kind of bucks into this account. But in the end making a living in forex is different, it needs real account and your better skills in manage the money and make profit.

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So far i think that is the only place for newbie, one of the best place which newbie shouldn't never forget to train there, the cost is relatively low if we consider out time as the cost, but if not then the cost is practically zero because you don't have to spend any kind of bucks into this account. But in the end making a living in forex is different, it needs real account and your better skills in manage the money and make profit.

 

Agree, and we can train our trading skills without any limitation...

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Agree, and we can train our trading skills without any limitation...

Of course in daily trading activity as trader they will always trained skill with learning from our experience whether we learn from our mistake or we can learn from many another source like as we learn from mentor, and become success in forex indeed required good learning and never give up
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Of course in daily trading activity as trader they will always trained skill with learning from our experience whether we learn from our mistake or we can learn from many another source like as we learn from mentor, and become success in forex indeed required good learning and never give up

 

Of couse,mistakes will teach us lessons if can maximize it as well as possible. Do not forget, as a trader we need to use demo account as well as possible to earn more profit in forex trading

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forex is a business that can make us be trading well to be able to earn money in forex, therefore we need to be able to have the skills and the psychology of trading is good for us to manage capital well so that will make us able to earn money in forex with a maximum and we need to patient if we  want to living for forex

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if we decide to live on the forex then we should be able to trade with the maximum and we must continue to learn trading. to continue to learn trading skills trading then we will increase and we can trade with a maximum

Basically the key of trading is learning, don't be bored to do something in learning because from it you can get your trading touch and exactly you will know how the characteristic of this market and don't forget to earn money as your maintenance

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in order to become full time trader, first traders need to concern with knowledge and skills development. they need it since market complex and difficult.

Become full time trader also need process, no instant success here and with manual learning and always improve skill to analyze the trend market hence will able trader making good profit in trading, and we must understand if forex is not quick way to get rich at short time, learning is never stoped as long as we treat forex as our business

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In this trading is sometimes a trader making the same mistakes over and over again. With the trade journal, it can be avoided or at least be a minimum of mistakes in the future.

Sometime keep discipline is not easy, still many trader might tempted by movement price and they don't having proper plan trading and also system trading, but still often repeated same mistake again, and to avoid same mistake repeated hence as trader they need to trained better psychology trading
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  • 2 weeks later...

How to making forex business as main source income of course as trader need having good ability to making profit in trading, and also they can making consistent profit, or they can get earning from another source income because in fact forex included as risky and not always as trader they can making profit all the time

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many process must be passed by trader. doing many training in demo account and learning how to control your emotion. will makes trader more sharply on skill trading. be patience when doing the process can open a chance to success

Yes indeed required process to become profitable trader, might as first time learning as newbie usually we like using indicator and sometime trying various indicator as help tool, sometime trying complicated indicator that making chart full with line indicator and closed the candlestick itself, but after still get fail then they will change their mindset and trying new strategy
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