People always say earning profit in trading is the most challenging job for a trader but I always say that maintaining trading discipline is the most difficult job for a trader.
Many traders avoid the fact of self-assesment but I always welcome it because it is the only way a trader can develop himself by warding off all his faults.
Regardless of whether you are doing a business or serving a job, Forex can be traded as a part time profession. It the largest online-based market where more than $4 trillion dollars are traded every single day.
Without sufficient patience, long-term trading is nearly impossible because the market is always volatile and this volatility influences traders’ decision.
There are many free tutorials available online that traders can complete in order to develop trading basics and then traders should go for paid courses.
Adjust trading lot size according to the proportion of capital size and tarde in low-spread consuming pairs because it will help a trader minimize trading risk.
Personally I feel Forex is a suitable profession for me because it offers flexibility and freedom to me and I can earn unlimited amount of profit from the market.