Forex trading is long time career to sustain daily life?

JimmyRozza

Sergeant
Messages
123
I would love it to be able to rely on it for my income, but definitely not at that level yet. I aim to work less and trade more, then slowly keep sliding the scale to less and less 'real work' until I retire
 

HeavenLeighRob

Corporal
Messages
87
I trade in my free time with a decent investment and bring in enough money to pay several of my monthly bills. However, I don't depend on it as my main source of income and my husband has a well-paying job as well. I do think forex could be used in place of a full-time job, as long as one has experience, a good strategy, and a sizable amount to invest or if you continue to invest over time.
 

FriendlyFX

Corporal
Messages
115
Oh maybe for some but you gotta have a plan b or c .
Even if its say affiliate work with the brokers you use in case you experience a losing streak or the markets aren't profitable.
It's paying bills for me which is great but FT is a ways off
 

sebking1986

Recruit
Messages
295
It's possible to make a full time living from forex in same way it's possible to make a full time living from being a surgeon. It takes years or practice, ongoing education and perseverance. It's hard and emotionally straining but it's certainly possible if you stay the course.
 
Messages
142
Oh maybe for some but you gotta have a plan b or c .
Even if its say affiliate work with the brokers you use in case you experience a losing streak or the markets aren't profitable.
It's paying bills for me which is great but FT is a ways off
I think it's best to have a plan B regardless of how you make your income. Or maybe I'm just overly cautious in general. :D I think trading itself can be a good plan B to your primary income source if you are not yet ready for going full time.
 

TareqS

Corporal
Messages
84
I have been trading for about 10 years, but I still have not been able to generate a consistent income out of trading. It has been my part time business and I am quite happy about it. I believe depending in trading completely needs a lot of hard work, dedication, discipline and a good amount of investment. It is certainly doable to be a full time trader and depend on it but it is never easy.
 
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