Trading for living

[Pinchbeck]

Certainly you can, but you will have to work very hard. Make sure to go through all the important information available on forex trading and then, practice in a demo account for as long as you are experienced and confident enough to handle the pressure of a live trading account. Also, make sure to incorporate risk management strategies while trading to minimise your losses and to continue trading for a longer period.

 

[Nezami]

newcomers should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.

 

[JimmyChoo]

actually right now its very difficult to make sure 20% return according to trading balance due to US election. but whatever it is we the traders always try to bring profit minimum 5-10%.

 

[Davidfx89]

actually percentage generally we count according to our trading balance , if you have a smart amount then of course you can expect 10-20% of return. for that reason deposit is very much important than others issue.

 

[The trader]

unrealistic expectation indicates immature attitude and emotions. this habit really non professional which always make traders greedy.

 

[Alexander Hudson]

Traders who are earning their livelihood by Forex trading should be very much cautious. Every single mistake is awe-inspiring for them. Besides developing their trading style, they should turn their focus on regulated brokers because they ensure the best facilities. So, traders should always go for a regulated and secure broker.

 

[FXOpen Trader]

Traders who are earning their livelihood by Forex trading should be very much cautious. Every single mistake is awe-inspiring for them. Besides developing their trading style, they should turn their focus on regulated brokers because they ensure the best facilities. So, traders should always go for a regulated and secure broker.

We will need to use a trading based systems that are easy to understand by us.

 

[adrienneadams]

To make a living from forex trading you either need to be very good at trading or you need to have years of experience so that you can earn good profits consistently. It is not impossible but it is also not easy. Money management needs to be very good while trading. Decision making, a useful strategy, suitable indicator and much more is needed. You should only think of doing forex trading full time only if you can do all this, otherwise it won’t be suggested.

 

[Colossus]

It is definitely possible to make a living with the profits you make through trading. But it can take some years for you to reach that level. It’s a difficult activity and you may not always be able to make gains. A solid risk management strategy will help you use your money in a way that doesn't impact your trading account, which is required to make consistent income through your trades.

 

[Adolpho Sandoval]

It’s not a child’s play to make a living through forex trading. You can have the hardest time of your life while trading and trying to make money. Depending on it to make a living is a risky decision and must be taken only after you have a trading background of maximum wins. But still, there is no guarantee.

 

[FXOpen Trader]

It’s not a child’s play to make a living through forex trading. You can have the hardest time of your life while trading and trying to make money. Depending on it to make a living is a risky decision and must be taken only after you have a trading background of maximum wins. But still, there is no guarantee.

We can make income from the Forex markets and make a living also.

 

[Perforate]

To be able to trade for a living, you’ll have to start part time trading first. Do not quit your job in haste even if you earn profit initially.

Good Point! To make a living from trading, first you should be able to make money part-time.

 

[SaadBinToha]

Basically, there are a lot of brokers that offer traders a nice environment of trading and traders should trade with such a broker with whom risk-management is easy. But it’s the area where traders make the prime mistake. They can’t feel how important a broker is.

 

[SaadBinToha]

You can adopt some tactics to higher your profit ratio. Except for so, there is nothing you can do for certain to reduce the loss ratio. Just stay careful all the time.

 

[Eduardo Lucchese]

You will find many sites showing the trades by expert traders but I never suggest newbies to copy them. Traders should try themselves to analyze the market.

 

[Oscar Shumack]

There are different approaches of trading like gambling, hedging, scalping, binary option, trading, long time trading, etc. Different traders have different approaches over these types.

 

[SaadBinToha]

A broker’s security is an important issue because traders are very much unwilling to deposit money in an insecure broker.

 

[Eduardo Lucchese]

What type of trading you prefer doesn’t matter rather how much expertise you have on that particular type of trading matters.

 

[Aaron_0]

Most brokers charge different commission rates for each kind of trade. when you use a broker, you may find yourself with lower returns than if you'd handled your investing yourself.

 

[SaadBinToha]

Trading for living is possible only when a trader has consistent return on the market and consistency can be brought only when traders have a reliable trading strategy and a good trading experience.