Originally posted by Champ

 

Originally posted by FXlord

 

Basically there are two types of forex traders; people who play with their money and professional traders who consider forex trading as a profession.

 

Players consider trading as a hobby and not as a serious activity that involves a thoughtful and responsible.

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There is a big difference who consider it a hobby and those who trade professionaly. Profit/Loss graph will tell the whole story.

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There are traders who take forex trading as a hobby and still manage to make profits and traders who are professionals also loose.So I agree with you that it is the end result that matters and traders who take forex seriously make money and work hard for it as well .

The players are addicted, they like to do the same thing over and over just to get a sense of euphoria. Players consider trading as a hobby and not as a serious activity that involves a thoughtful and responsible.

I know a few people that use forex as a reputable outlet for their gambling addiction - the same problems in gambling addiction are set in forex - overleveraging, borrowing money to trade, emotional trades, revenge trading.  Its difficult to treat as a game imo when money is on the line, but treating it as a business is essential.

Forex is one of the best game as well as business and here we can make a large amount of profit and i am just working hard here so that i can able to make large profit .

For me forex is the best business in the whole world and after entering here in this business i am making a good amount of profit and i am just giving my best here to be a profitable trader.

Forex is a game and there are many competitor who are making a good amount of profit and i just love this game because if we able to win by our strategy then we can be in good profit.

For me forex trading is a game where there are many player but only few winner and those who are trading here more confidently and more carefully they are only more profitbale and we can make goof profit here.

currently, for me forex is still for fun, but in the future I want forex become part of my life.

I want to trade forex for living, and what I do now is to avoid the account of the bankruptcy and can survive up to 2 years and more with good profit.

If you want to make Forex your main source of income and do it for a living, it is possible but you have to be extremely disciplined and really know what you're doing. Anyone, and I mean anyone can be sucked in by the markets, chewed up and thrown out, wiped out clean... and that must be one of the worst feelings in the world. Losing a large amount of hard earned money in a "game" or in the dangerous playground that is the Forex Markets must be a horrible feeling.

So my advice for those who are aiming to make a living from it, practise for a long period, make sure you are displined enough and make 100% sure you always trade with a safety net, i.e. your stop loss strategy is perfected. Good luck.

Forex is a not a game. Maybe game for those who want to play with real money. Forex requires seriousness. If u r not serious u wont win.