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  1. #1
    Senior Trader
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    Full time Forex traders are more successful.

    I have seen, so many people share hours time that they use to trade daily, which I think over and over and come out with this idea and that it is of no use sharing time we use to trade daily, why because it will not help anyone, hours we use to trade everyday will not make us enough money even if we spend the whole day to trade without knowledge and experience we won’t make any good amount of money.

    If we have good trading knowledge about trade our little hours of trading can make us a lot of money, so what I think we should share our knowledge and experience but not time that we use to trade.

  2. #2
    Senior Trader
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    You are 100% right, spending many more hours without proper knowledge and blank mind will not give enough money. I see many more people spending hours in Forex trading and thinks they trade with work hard they will get a lot of money. It is just like a nightmare. Trading without knowledge, experience will not get you single benefit. Knowledge is the basic part of any business especially in Forex knowledge matter so more.

  3. #3
    Trader
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    The number of hours of trading doesn’t equal to the amount of money you earn. You have to understand that sometimes when you trade for long hours, you would get tired. When you are tired, then you would start to make decision that might not help you to make money. In fact you might be losing money, the thing is you need to know how to balance between the number of hours you trade to unsure you can maximize your earning potential.

    So, at the end of the day you need to understand your system and yourself as a Forex trader, you have to find the balance in the hours and your attention span in order to make the kind of money.

  4. #4
    Senior Trader
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    Quote Originally Posted by Shane Watson View Post
    The number of hours of trading doesn’t equal to the amount of money you earn. You have to understand that sometimes when you trade for long hours, you would get tired. When you are tired, then you would start to make decision that might not help you to make money. In fact you might be losing money, the thing is you need to know how to balance between the number of hours you trade to unsure you can maximize your earning potential.

    So, at the end of the day you need to understand your system and yourself as a Forex trader, you have to find the balance in the hours and your attention span in order to make the kind of money.

    Its usually the strategy that make a difference and not how long you are holding your position. But of course the higher your lot size an leverage and the longer you hold it and as long the trend is in your favor the bigger your earning is.

    In Forex trading, if we want to trade hourly then it’s good if we know how to trade using scalping strategy. This strategy is the one selection for part time Forex traders. But you may try to use this Forex market as your full time job.

  5. #5
    Senior Trader
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    I seem that, if we trade for long time that would be much useful for us. But honestly, I am unable to use this market as my full time job. Because, I am a student and I am unable to do my desktop trading for long time. Whatever, right now I am using mobile trading service to manage maximum good entry points easily. Really, full time Forex traders can manage good entry points so easily.

  6. #6
    Senior Trader
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    Yeah, it may give us money but we will get tension out of it. If we do not have proper knowledge in Forex our time is wasted and the efforts are just valueless. This is way, before we tackle the market we need to learn things straight from the start. It would be difficult if we are new to trading but the moment that we apply what we have learned from the past there is nothing that we can’t pass.

    That is way, we have time in the weekends to prepare everything before the trading starts in that business days. We are not only risking precious money here. The moment that we trade Forex all of the wasted time is already a risk.

  7. #7
    Admin of Indonesian Forum
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    Many people think forex trading can be performed as an additional work. In this case they trade forex if they have time after they completed their work in their company office. When forex is run as an additional way for additional income, we will have our success in forex. Financial freedom is only a dream.

  8. #8
    Senior Trader
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    Quote Originally Posted by sichone View Post
    Many people think forex trading can be performed as an additional work. In this case they trade forex if they have time after they completed their work in their company office. When forex is run as an additional way for additional income, we will have our success in forex. Financial freedom is only a dream.
    You are absolutely right! By the way, what kind of trader you are? Are you full time trader or part timer? What’s the ideal situation for you?

 

 

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