Is Forex Trading a False Promise for the Under Achievers?

[Ammeo 10]

I myself am a Forex trader and wanted to do forex full time until i recently came with the observation that i cant rely full time on forex to have a healthy living and also to have a sense of security...now im doing a day job which isnt highly paid bt its giving me secured returns..

Why do u guyzz who have traded forex before or currently doing think?

[M.A 10]

Only those people think about "Relying on forex" who do not have luxury life but want to have one. I am not saying that ALL such people want to trade forex full time but these r the only type of people. WHY? Because if u r already earning very high income and living a luxurious life then u will never even think to rely on forex.

If u r earning low then probability of having big capital, which can provide high return in terms of $$$, is low. You can also loose, so u also need to make sure that u have some backup incase worst happens.

 

So WHO can rely on forex?

Relying on forex is actually step by step process.

 

Increase ur skill level to become a pro trader.

Be consistently profitable.

When u have proven track record, start account management.

Commissions from account management will increase ur income which will increase ur capital.

 

This 4 step process is long enough to take more than few years.

[TheDude 10]

i've thrown in the towel too. Im now making a stack doing gonzo porn. much more fun and the money is about the same.

 

:haha: