For Forex traders, nothing beats the symbol of financial independence as a full-time trader. However, a full-time Forex trader enjoys real-time and financial freedom and has no restrictions on working in box offices and selling his freedom for money.

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Unfortunately, this model of independence does not exist for everyone. Just as there is too much freedom for some economies to do more harm, not all traders are willing to trade full time.

So how do you know if you are ready to trade full time? From what we have seen from online Forex forums, we can generalize it to the following four signs:

1. You have a good initial capital

Full-time business means you can leave your job, your main source of income. And because you are realistic, you know you may not be able to make a serious investment in the first few months.

Now imagine that you still want to pay for food, rent, utilities and Netflix, Amazon Prime and Disney + and your sports club subscriptions, but have no monthly salary and no profit in the first few months .

Have you recently registered with a Forex broker but still can not live without your salary? Can’t you face the big problems for weeks and still maintain your lifestyle? So you are not ready to trade full time.

2. You have tried other methods and strategies

Traders say that full-time trading just means that you are a part-time trader and a full-time tester. In a way, this is true. Full-time traders know that you can not make a living from just one good strategy.

Not only do you need to have a strategy that proves to be profitable for you, but you also need to have other equal and qualified methods that can work for other business conditions. After all, you never know how long the market trend will be constant and how long it will change!

3. You have spent a lot of time trading the trial account

Just as physicians, lawyers, and pilots conduct simulation and internship programs around the clock before doing their job, traders must test a significant amount of time live in the marketplace before trading full time. they do. It goes without saying that the best company to test and test trading for many Forex brokerage firms is Forex Time Broker.

Trading an account creates barriers to trading psychology that you do not want to get from trading test accounts. In addition, you need to have a fairly good understanding of your business strengths and weaknesses, and most importantly, you need to know how to join a trading program before you do your full-time trading.

Before trading full time, be mentally prepared to take real money and maintain your trading strengths!

4- Forex trading is your passion

Currency trading is what motivates you to get up and running every day. If you prefer to watch the RBA statement instead of watching the NBA Finals, or prefer the PBoC economic calendar to the Great Wall of China, do yourself a favor and become a full-time Forex trader. It does not make sense not to do what you love, right?

Remember that while full-time trading creates more opportunities to move around the market, you do not need to be a full-time trader to be consistently profitable.

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