Can Forex be done for life?

[Shing1985]

Of course Forex is a business that you can do for the rest of your life if you wish. But I think he will need skills first. The more skill he has, the more confidence he has. Therefore we will always try to gain experience to do this forex trading so that we can benefit.

 

[46du114t1f]

Fortune in trading is a lifetime pursuit.

 

[FAUZEY_FX]

Yes. I have seen many successful traders live in sophisticated lives. They own many good mansions and cars. Yeah, we can have dreams but we need to put good efforts to make our dreams become true.

 

[maby84]

Well I am just starting out recently and so I cannot really answer that question from my personal experience. However I know some people who have been trading for several years and they did quite well. I think at the end of the day if you do succeed often it becomes a part of you and it is hard to stop trading especially if you are enjoying it. There are going to be times when you may not be that willing to devote time to go over charts and so on, and there are also going to be negative experiences such as losses, and these may affect your future in trading. But all in all it is something that personally I think I will keep doing as much as I can.

 

[Ghofyn]

It can be done for life, but you need to pull mch efforts to it.
Such situation happens to every profession: before you want to do something professionally, you need to reach some level of expertise. The same thing is about forex. If your start up budget and your skills are enough to quit casual job, then go to profesional forex.

 

[Electric Rainbow]

Forex trading could be done for life, but you need to become the master of it, before you make it as your career, else you could end up losing it all.

 

[Gafym]

I can say it for sure that forex can be done for life but it requires some decent budget, good skills and stable psychology. These three things are absolutely vital for a trader to make trading forex his/her profession.

 

[Electric Rainbow]

You might be able to make your living through Forex, but you need to make sure that it isn't the only source of your income. You should have more than one source of income.

 

[Blackkiller]

Forex can definetely be done for life but it depends on many different factors. You should definetely treat forex seriously and learn and practise a lot. If you want to do forex for life, you should devote very much time and energy to this activity.

 

[Electric Rainbow]

You can do it, but you should have more than one source of income as Forex is uncertain and you could lose everything just in a blink of an eye.