Table of Contents
Can I quit my job with forex?
This is a personal decision. If someone tells you when to quit your job as a forex trader, then you don’t know what you are doing in this life. When you are confident enough and you are making on a monthly basis consistently double what you make from your job, then you can quit.
When should I quit my job to trade?
Never quit your job to day trade until you have shown consistency within a demo account for at least a couple of months, trading every day. If you opt to trade a live account right away, then trade a very small position size and keep risk to a very tiny fraction of your account (less than 0.1\%…
Can I leave my job and become a full-time trader?
Quitting your job and working from home trading stocks. Anyone can enter and make living trading stocks. Even you don’t need any tremendous amount to start trading. You can leverage money from your brokers which means that you can control a significant amount of capital with a small investment.
Should you quit your job and trade Forex instead?
Before you quit your job, make sure you are okay with forex being your job instead! Instead of going full-time, give part-time a go. Test the waters and see how you do. As I said before, trading forex can be quite a lonely job! You might be living the dream of working from home, but the likely scenario is that your friends are still working 9-5.
Can you be a full time forex trader?
Being a full time forex trader isn’t easy. And it’s not your only option! You can be a part-time forex trader. Use the freedom forex trading has given you to explore other options! Quitting your job for forex needs to be treated as quitting your job for your own business.
Can I make my own fortune by trading Forex?
“Making my own fortune!”. They don’t realise that they hate trading forex just as much as they hated being an accountant or a secretary. Before you quit your job, make sure you are okay with forex being your job instead! Instead of going full-time, give part-time a go. Test the waters and see how you do.
Are you not cut out for Forex success?
Unfortunately, living the forex dream is not for everyone. Some people are simply not cut out for forex success, probably due to their personal disposition, their attitude, their personal resources, and their scope of knowledge. If you fall under any of those categories, you probably need to forget about making your fortune on the FX market.