I still can keep in mind when I heard about Forex for the first time; I was made to believe that within 6 months of joining the Forex market, I would become very wealthy and all I can think of then was how the trading profit would come never paying much attention to proper learning and cautious observation of the market performance. But, after I made series of losses from the market. I was bent to realize that Forex isn’t way what many of us consider it is. I had to start all over again but in that time I decided to take things slowly and basically, I made myself available to learn from the scratch without presumptuous any proper knowledge and know again. I have been decided that as I am trading, even if it means me getting just 30 pips in a day. It is really better for me as if I am able to gather these pips for a period of one year.
I would have seen a good result. I believe, it is much better and professional from just trying to grab so much profit and. In addition, at the end of the day losing everything. Why I am saying this is that if you are to do an ordinary offline job that pays you normal salary (as $500) on monthly basis and you can still live fine with it, then compare it with having a live trading account of the same $500 and trading with a lot size of $1. So, if you are making 30 pips then in a day you would be making $30 which is $600/per month with less physical pressure than that of your paid job. Still, by taking it your time to grab the pips little by little from the market.