Is it worth becoming a trader?

Before trying your hand at Forex trading, it is advisable to understand the question – Is it worth becoming a trader?

How attractive is this profession and isn’t it better to spend your energy on something simpler? Dealing centers most often reveal only the positive aspects of working on Forex, hiding the real essence of the issue.

Therefore, it is not a bad idea to understand what kind of troubles you will encounter when choosing the profession of a trader, and what will serve as an additional incentive in your work.

Now everything is in order.

• Everyone loses – I have never met a trader who traded without losses for the first couple of months; almost 100% of newbies lose their first deposit.

Therefore, you should not risk all your capital for the first time. • Only a few become professionals – quite a few people I know have tried Forex trading at least once.

And only a few have become professional traders; you should not expect that in a year, two, three you will start making guaranteed money; no one here will give you such guarantees. • Constant tension - you will subconsciously pay attention to any news and analyze how it will affect the exchange rate.

A trader has no such thing as a weekend, when you can completely forget about work on Saturday and Sunday. Thoughts about new strategies and tactics are always spinning in my head. • Peer pressure – working in Forex is often perceived as gambling, and accordingly it causes a negative attitude from others – which I don’t understand, I condemn.

Your opinion will change only after you start earning really a lot, but the sediment will remain. But not everything is so gloomy, there are also pleasant moments.

• No need to go to work - I’ve already forgotten what it’s like to get to the other end of the city at 7 am, and to do this 5 days a week, regardless of ice, rain or snow.

A free schedule also gives you a lot of other advantages and bonuses - visiting the pool when it’s practically empty, the opportunity to get some sleep, and go fishing not on the weekend, but when the fish bites. • Lack of a place of work - a month with the family at sea, what could be better, and this without interruption from the trading terminal.

If you wish, you can travel around the world with a laptop under your arm, the main thing is that you have a stable Internet connection. • Money is why we all come to Forex, you can really make money here, I won’t say that it’s easy and fast, but it’s real.

Problems with paying utilities, buying groceries and things simply cease to exist. There is an opportunity to buy a decent car in a few months. Even with a fairly small capital, Forex trading gives a profit comparable to a small business. This is what the profession of a trader really is, but whether you choose it or not is up to you.