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 Should You Quit Your Job to Trade Stocks?

Should You Quit Your Job to Trade Stocks?

All About Forex Price Action Trading

Trading Forex doesn't have to be complicated. In fact, it's best to keep things as simple as possible. That's why price action trading was a great fit for me and is becoming more popular every day. This community exists to discuss Forex price action trading to include, price action strategies, key market levels, trade setups or anything else related to price action trading. Feel free to join the conversation!
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Forex Trading Lessons: A Must For Forex Beginners

Forex Trading Lessons: A Must For Forex Beginners
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How to leave your job and trade Forex full time - How to be a full time forex trader - BSAPPSFX

submitted by shaliniworld to forexbets [link] [comments]

A full time forex trader I went to high school with. He constantly brags about he’s on the path to make 160k a week all from his phone and how if his friends aren’t trying to join him in his “business” then he’s cutting them off.

A full time forex trader I went to high school with. He constantly brags about he’s on the path to make 160k a week all from his phone and how if his friends aren’t trying to join him in his “business” then he’s cutting them off. submitted by williamalbatross to FacebookCringe [link] [comments]

Mr lenney sir have you quit youtube to become a full time forex trader or do my eyes deceive me

Mr lenney sir have you quit youtube to become a full time forex trader or do my eyes deceive me submitted by richardo369 to WillNE [link] [comments]

Full time forex trader, what is your routine everyday?

Full time forex trader, what is your routine everyday?
submitted by khalidmuzappa to Forex [link] [comments]

Im 16 with around $1000 to my name, I want to trade. I really need a mentor to help me with forex trading I've been doing a lot of research but I want to actually do something with this, someone who is successful or is a full time Forex Trader please reply.

submitted by Whyhasgodabandon to Forex [link] [comments]

How much does the Full time Forex trader make?

Hello everyone,
I was just wondering how much the average full-time Forex trader makes. You can express this amount either as a percent return on their investment, or a dollar amount. I realize that there is likely swings in their return, but I just mean on average over the course of the year.
submitted by Rose-Ab to Forex [link] [comments]

Forex trading for Beginners to become a full time Forex Trader

Forex trading for Beginners to become a full time Forex Trader submitted by natash86 to u/natash86 [link] [comments]

Tips to Become a Full Time Forex Trader

Are you interested in Forex trading? Follow the blog to understand whether you really need to be a full time Forex trader to earn more or not! Click here - https://forextradingsrilanka.wordpress.com/2018/09/18/is-full-time-forex-trading-meant-for-you/
submitted by thehandivan to forextopsites [link] [comments]

AMA I am a full-time Forex trader. Using W.D Gann and Financial Astrology Methodology to analyze the market, I predicted over 10s of profitable trades on FXStreet and Wave59.

AMA I am a full-time Forex trader. Using W.D Gann and Financial Astrology Methodology to analyze the market, I predicted over 10s of profitable trades on FXStreet and Wave59. submitted by khitwong to astrology [link] [comments]

IAmA Request: full time forex trader from home

How did you get in to trading, are you making good money, any type of stories.
submitted by ForexNoob to IAmA [link] [comments]

Hands on or hands off

Hi all. I am in a very difficult psychologically situation. I have studied for 7 years to be a day trader. Stare at the charts all day, actively manage, bla bla bla. So here is my struggle.
Off the bat, my goal is to one day be a full time forex trader with no other source of income
Recently I started reading off levels. I go in for 10m per day (while on the crapper in the morning) set up 20-30 alerts on my phone, and then just enter blindly for 1.5 rr during the day. I get about 60% strike rate, more than enough to be popping champagne and living the life. I get about 3-4 setups per day. That is option 1.
Option 1 downside is eventually I get a short like gbpusd this Monday, where I got in for 4 pip stop and could have trailed it for 15RR!
Option 2 is active trading. Sitting at the desk, charting out, following news events, the works. Taking positions, trailing stops to lock profits, the stress that goes with it.
I should be happy with option 1 but it keeps feeling wrong. As if I am cheating. It cannot be this easy, can it? Furthermore, if I go full time to only trade 10 mins per say and make 2-3 R almost every day, what will I do the rest of the time? I am one of those guys raised with the "you have to work hard around the clock" mentality, and I know that does not apply to Forex and trading at all. Nevertheless, 10m per day just feels and sounds weird, and I can't shake the feeling I will get a slap in the face for it. But I backtested. I forward tested. I have been trading it in a micro account for 2 months and it checks out.
Reddit, what is your opinion. Option 1 laid back, or go back to the grinder and do option 2
Edit : correcting typo
View Poll
submitted by crypthon to Forex [link] [comments]

Any forex traders here?

Are there any full-time Forex traders here? I’ve been learning to trade Forex and Cryptocurrencies for the last couple of years and wondered if there are any full-time traders on the island?
submitted by Ventnor_Boy to isleofwight [link] [comments]

How do I help a friend early-on?

So my friend recently joined something called "IM Academy" a.k.a "Walking ATMs". He paid £200 as an entry fee then it's £150/month. If you manage to recruit two paying individuals then you do not need to pay the monthly fee. If you recruit three or more people then you start getting weekly residuals based on how many people you've recruited. For instance, for 3 people recruited is a weekly $37.50; for 12 people it's $150 a week.
He wanted to call me for a 'business opportunity'. First he explained that once you pay the entry-fee, you are provided with a forex course (which I wasn't interested in but I didn't feel like it was a scam), then he mentioned how the recruitment process works (explained above) and that's when alarm bells started ringing.
I understand that IM Academy may be an MLM company rather than a pyramid scheme but it still annoys me how my friend is paying for something that he doesn't need to pay for because if he really wanted to become a full-time forex trader then university is the right path (and he is not going to uni) OR to trade forex on-the-side (which doesn't really work either because you always need to be studying charts) you need to learn techniques, how to read graphs and other basic information which can all be found on the internet for free (YouTube, reddit etc)
A friend and I had an argument with him and he compared IM Academy to a full-time job and how "You are never going to be the CEO". He doesn't understand that a pyramid scheme works like this.
It's almost like he's in denial about a company where the people above him make money off him just by him paying his monthly-fee. What should I do?

TL;DR: friend joined a pyramid scheme, is in denial and I wanna help him.
submitted by nicnic2001 to antiMLM [link] [comments]

Full time traders, how much time do you typically spend per day trading and doing trading related actives?

I am trying to get a feel for the time commitment required to be a successful full time forex trader.
submitted by optoman4 to Forex [link] [comments]

Forex Trading: Merely A Gamble Or A Serious Business Venture

The generation of the 21st century is smart and makes the best of every opportunity. To make money there are also various opportunities and one of these opportunities is Forex trading. Forex trading is a topic of discussion amongst various business analysts around the globe, and many of them consider it to be a serious full-time profession. One of the most successful people in the Forex trade market is Hafizzat Rusli. Rusli started Forex trading when he was at the age of 17 and when he turned 19 he was also amongst the teenage millionaires and he did this through Forex trade itself.
After reading this many of you must be curious by now to know more about Forex trading and how it can help you too to earn big. If you know very little about Forex trade but you think you have the nack to be a smart and successful Forex trader, then this post is for you. Go through it to know everything about the forex trade.
Basics Of Forex Trading
The process of forex trading is to buy a currency and sell it back in some time to make profits. There are always 2 currencies involved in the whole process. Suppose you bought the US Dollar (USD) against the Japanese Yen (JPY) and have predicted that the value of USD will increase in some time. If we look at it like this many of you will presume that it is more like a gamble, but the full-time forex traders apply their knowledge and experience before getting involved in a trade and thus end up making huge profits. If the prediction goes right you will sell back the USD (as the value has increased) and end up making profits and in case it is the opposite there will be a loss.
If the trade is done with the right knowledge, the predictions are likely to go in your favor and thus it can be said that forex trading is a smart way of making money and thus it is also a full-time profession for many people. You can try forex trading as a full-time profession as this field has a lot of scope for growth. Currently, the currency exchange market is the biggest with a flow of $5 trillion daily. It is not just the individual forex traders that are involved in it, but even the financial institutions (almost each of them) have to participate in the foreign currency exchange. To gain success in this trading, you have to understand how does the rate of currencies fluctuate. To get a hang of that, keep reading this post.
Factors Responsible For Currency Rate Fluctuation

A. Inflation Level In A Country

If a country has a stable economy which means the rate of inflation is low, its currency will have a high value. It will be wise investing against the currency of this country. Before investing in a particular currency you should gather information about the current economic stability of its country. You should also be aware of how it is likely to be short.

B. Interest Rates In A Country

The interest rates are often manipulated by the Central banks with a target of getting more foreign investors to their country. If a country has a high rate of interest there will likely be more investors willing to invest and thus it will also lead to the higher exchange rate of the currency. As a forex trader, investing in such currency will be profitable.

C. Political Stability Of A Country

Just like the rates of interests in a country attract foreign investors, the country's political stability is also responsible for the same. Better is the political stability, greater will be the demand for the currency. Investing in the currency of this country will be more suitable for forex traders.
Apart from these factors, there are so many more factors that a successful forex trader should know. To get into the next level league of forex trading, you can even opt for a good forex trading course online. Hafizzat Rusli who is one of the champion forex traders is there to help you. He is sharing his secrets of forex trading and his purpose to do so is to let even other people earn huge profits. Click here to know more about the different course Hafizzat Rusli is offering and open your horizons towards forex trading.
submitted by HafizzatRusli14 to u/HafizzatRusli14 [link] [comments]

A few basic questions regarding Forex.

Hi, I've just started to dabble a bit with forex trading on Forex.com's demo account. I have experience with leverage trading crypto (Bitmex) so I know my way around charts/indicators/leverage etc, but one thing I don't understand completely is WHY is there a spread?
As far as I understood the spread is basically the broker taking fees on your trade. With Bitcoin trading for example when I sell I fill another person's order directly, but here it seems that I send my money to the broker and then he does his magic and fills person B's order, and takes a fee for that (thus the spread). Is this correct?
And the second questions, on Forex.com my chart has 3 settings (bid/ask/mid). Which is best to use and chart on? Because of the bid/ask spread it's a bit confusing when charting and the candles don't really reflect the price. What exactly is the "MID" option on the chart? Is it just a middle ground between the bid and ask charts?
My profitability has been around 1% a day but I don't really think much about it because it could be beginner's luck. What do full-time forex traders make per week in terms of % profit?
Thanks.
submitted by CIA_Bane to Forex [link] [comments]

Part-time Forex traders lose more than they gain?

I was thinking about entering the Forex platform as a part-time trader as I am also attending school at the moment. However, I came across this notion that it isn't worth becoming a trader of this kind as you are almost certainly going to blow your account and that Forex trading is only worth your time if you are going to go all in as a full-time trader.
Would really appreciate any feedback from active part-time or full-time Forex traders out there.
Thanks :)
submitted by KyledaKoala to Forex [link] [comments]

remember that time when you wanted to buy a few pesos to pay for the hookers during your weekend in Mexico, but your Bank insisted you become a full fledged, ForEx margin trader while you do it? Lightning Network does.....

remember that time when you wanted to buy a few pesos to pay for the hookers during your weekend in Mexico, but your Bank insisted you become a full fledged, ForEx margin trader while you do it? Lightning Network does..... submitted by satoshi_fanclub to Buttcoin [link] [comments]

To anyone that's a full-time trader and makes more than 50% of their income from FOREX what advice would you have for someone trying to accomplish that? Also, are there any books you'd recommend that helped make you a better trader?

I've been trading for over a year now. I was very skeptical with this at first, but I am now seeing this can turn in to a great opportunity if utilized correctly. I won lots of trades early in my career and I feel it might've gotten to my head as I was able to turn a $500 account in to $1000 within a matter of a couple weeks. I of course took some losses and was able to overcome those after some time. I eventually got the account up to $4500 after about 8months.
However, Over the next 2-3months after that I saw myself losing the money I had gained. Eventually my account got down to $0. I've since took a break since I was frustrated and wanted to learn more. I've been watching videos and practice trading, and read a book while also reading this thread for tips and tried to stay on top of the market. However, I feel like I want to learn more and apply myself so I can make this a full-time gig. It's enjoyable for me, and it seems like a lucrative business. I just want some ideas on how people have become successful on their own, and what advice they may have received or criticism they may have gotten on the journey to being able to produce. Also, I'd love to know if there are any books you would recommend that may have helped you become a better trader. Thanks for the support in advance!
submitted by Munoz10594 to Forex [link] [comments]

To anyone that's a full-time trader and makes more than 50% of their income from FOREX what advice would you have for someone trying to accomplish that? Also, are there any books you'd recommend that helped make you a better trader?

To anyone that's a full-time trader and makes more than 50% of their income from FOREX what advice would you have for someone trying to accomplish that? Also, are there any books you'd recommend that helped make you a better trader? submitted by linnic to ST34Lposts [link] [comments]

Are You Ready To Become A Full-Time Trader? - Orbex Forex Trading Blog

Are You Ready To Become A Full-Time Trader? - Orbex Forex Trading Blog submitted by OrbexFX to u/OrbexFX [link] [comments]

Any successful full time traders (futures, forex, options) here care to share their experience?

Hi I just found this sub reddit looks pretty informational here with plenty of people working in the financial industry. I'm a 26 years old part time forex/options trader at the moment, I want to make a decision on whether I should look for firms(prop shops or hedgefunds) to join or go full time trading for myself. I was wondering anyone here with trading experience like to share their success or failure stories? Should I be looking for firms to join or build up my own capital to trade for a living.
submitted by angrybear168 to finance [link] [comments]

How to Earn $3000 a Month Trading Forex Full Time - YouTube FULL TIME FOREX TRADER - Tells The TRUTH - YouTube So You Want To Trade Full-Time (Full-Time Forex Trader ... Full-Time DAY TRADERS Tell Their Success Stories  Forex ... My story of becoming A Full Time FOREX Trader. - YouTube

If you ask people why they are trading, 90% will answer because of the freedom, independence and the possibility of generating massive amounts of money by working from home. But does this really reflect the reality of professional, full-time trading and what are the things a trader has to consider when replacing his day-job with […] Becoming a full time Forex trader isn’t for everyone and you may be shocked to learn that part time Forex traders can make just as much money as their full time counterparts. By keeping your current full time job and trading part time, you’re able to reduce the pressure to perform and possibly be more successful than a full time Forex trader. For every beginner trader, obtaining Ph.D. in forex, i.e. becoming fulltime forex trader should be the guiding motto. Only this time one can obtain Ph.D. without having to enter any university. The best part is one can be making money while obtaining Ph.D. So here are the basic Ph.D. requirements for fulltime forex traders... Your Trading Journey Begins Here With Full Time Forex, your journey starts here. Please be sure to explore all our offers and choose the appropriate education for your Forex career. Explore Our Offers Example of our R:R on US30 which hit our TP for +4.4% Choose from one of our three options below Ran on… People often think that full-time traders with advanced degrees and a high pedigree only work for investment banks. Equally as common is the thought that, in order to trade, you need large amounts ...

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How to Earn $3000 a Month Trading Forex Full Time - YouTube

Want to watch more Forex Trader Motivation videos? https://goo.gl/ijjXCZ #ForexTraderMotivation In this Forex Trader motivation video, you'll find a compil... #forex #forexlifestyle #forextrader Want to join the A1 Trading Team? Follow along with trades taken by our top trading analysts, join our trading chatroom, ... 14 day RISK FREE TRIAL on investing and trading HERE: http://training.tieronetrading.com/trial For my #1 podcast go to: iTunes: http://bit.ly/alwaysfreepodca... Officially Becoming A Full Time Forex Trader In this video Jay Wayne documents his journey on become a full time forex trader. ..... In this video I discuss the reality of what it takes to trade full-time, If it is even a possibility for you In reality and insights to what many full-time f...

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