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Can Forex Trading be Used as The Main Income?

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Deplu

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Many traders have made trading their main job. Some are willing to drop out of work because the income from trading is more than their main job. This may make traders make trading their only source of funds. Many also say that traders are just hobbies, profitable toys, side jobs and much more.
In my opinion, as long as you have a large capital, you can pursue a consistent profit with a trading system that can generate 1-10% per month (without any loss results every month). But that doesn't mean the trade never loses. Loss & profit is part of trading. But as long as you can get past that with a profit end result every month. So it can be used as the main livelihood.
Everyone's answer will be different. What do you think?


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#1 - September 12, 2022, 01:12:53 PM

Dana D

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Quote from: Deplu on September 12, 2022, 01:12:53 PM
Many traders have made trading their main job. Some are willing to drop out of work because the income from trading is 
obviously we can and many have done it, but it must be understood there is a process that we must take, there is capital that we must prepare
#2 - September 14, 2022, 09:55:49 AM
« Last Edit: September 14, 2022, 09:50:49 PM by Mikser »

fadillaangga233

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Yes, of course it's very possible and I'm currently doing that where I work only from home.
#3 - October 26, 2022, 05:47:30 AM

Indika

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can be as long as we can consistently get profit
#4 - November 15, 2022, 08:02:14 AM

Timah Panas

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can if we can profit consistently for a long time
#5 - November 17, 2022, 04:39:13 AM

fadillaangga233

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it is very possible but of course it takes a process that is not easy, the fact is that more fail to reach that stage than those who become successful
#6 - December 06, 2022, 01:19:54 PM

Kardel Sharpeye

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Forex trading can be a profitable business and can serve as the primary source of income for some traders. However, it requires a deep understanding of the market, risk management skills, and a solid trading strategy. Traders must also stay up-to-date with market news and events that can affect currency prices. Success in forex trading requires discipline, patience, and the ability to handle both wins and losses. While it can be a lucrative career, it is important to approach forex trading with a realistic and cautious mindset.
#7 - March 02, 2023, 12:26:33 PM
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