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Is Forex Your Source Of Income


ali555

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I would like to know an ideal amount to be invested into forex trading for someone who wants to be a full time forex trading.


If forex is your main source of living, what would you advice a trader who wants to depend wholelly in forex. What are the problems you have encountered as a forex trader and how did you over come them.


Where do you depend mostly for analysis during your trading.


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not easy to make forex as main occupation. Substantial capital is not enough to be able to make forex as main occupation. We must have the skills and knowledge of good trading. And most importantly we need discipline and patience if you want forex as source income.

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  • 6 years later...

Corporations typically only use the foreign exchange markets for one side of each exposure. This market basically stands for currency trading, if you want to do currency business safely then join ForexChief. A US multinational needing EUR to pay taxes in Germany, for example, sells it USD to buy the EUR in the foreign exchange market but then delivers the currency directly to the German government, bypassing the forex market entirely. In an equity exchange, two parties are agreed to trade in a settled rate provided by a liquidity trader in a counter. But in forex trading, two traders are agreed to exchange their currency in a fixed rate that is settled by a broker. Maximum trading complete over the counter. Equity market is different from forex market. It is like order driven market.

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