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Trading as a hobby


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It's a difficult decision to choose forex trading. It puts too much pressure on the trader's mind. To avoid worrying about forex trading, think of trading as a hobby. It's safer and easier to manage. New traders should start trading on demo and many brokers like Eurotrader offer it. There are also 5 types of accounts, including swap-free accounts with this broker.

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1 hour ago, maspluto said:

managing existing funds and risks must be able to be considered properly, this is done so that traders can be more leverage in getting the security and comfort of trading while on a real account with Tickmill.

We will need to learn how the Risks that are present in the trading can start to come down for us.

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  • 4 weeks later...
On 12/27/2021 at 8:13 AM, Mrsooduraske said:

In my opinion, Forex trading is a real job for us and we can earn a lot of money if we have good knowledge and experience of Forex business, so we need to learn this business properly with the help of a demo account and then become a good trader in this industry. 

We should try to improve our knowledge in the foreign exchange market so that we can start making profits.

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  • 1 month later...
On 12/27/2021 at 8:43 AM, Mrsooduraske said:

In my opinion, Forex trading is a real job for us and we can earn a lot of money if we have good knowledge and experience of Forex business, so we need to learn this business properly with the help of a demo account and then become a good trader in this industry. 

Absolutely, there is no way to earn regular money as a hobby trader! In Forex, more than 90% traders are struggling, so don’t try to play with your money by testing your luck!

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It helps me to earn nice profit every month.I can't imagine that there is a successful trader who considers forex trading a hobby.Forex has been my toy since i haven't been able to turn bankable and this does not bother me in the slightest since i relish it as a passing moment,rightful such as a trip,I am right aspiring to turn bankable someday. 

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Forex trading cannot be a hobby of someone. But if so, this hobby will not remain vivid for long. Forex trading is the toughest journey of a person’s life and those who are traders can feel how hard it is to survive in Forex. Here, a trader needs to think differently every single day.

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  • 5 months later...
On 11/28/2021 at 6:55 PM, maspluto said:

managing existing funds and risks must be able to be considered properly, this is done so that traders can be more leverage in getting the security and comfort of trading while on a real account with Tickmill.

The reason many Forex traders lose money is not simply due to inexperience or a lack of knowledge of the market, but because of poor risk management. Proper risk management is an absolute necessity to becoming a successful trader.

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When you feel that your trading system turned trading into stable source of income (usually it happens after 2-3 years of dedicated research and backtesting) you can make trading your full time occupation. This is how I made trading with Hotforex my primary business. 

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There is nothing better like trading as a hobby. It is the perfect way to learn about the markets, to develop your own investment strategies, and to make some extra money. Plus, it is a lot of fun!
Trading as a hobby can be a great way to supplement your income or even to replace it entirely. If you are good at it, you can make a lot of money. But this hobby must be taken seriously.

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