I started out aspiring to be a full-time, self sufficient Forex trader. That said, welcome. To make a decent living from trading practice account for forex download need huge capital, but then if you had such huge capital there are soooo many better options to invest in, why would you invest in forex.
Ok for making some extra income or pocket money but a living. Only a bad investor would try and make a living just from forex. Am i wrong. IgnoredBecause trading my own strategy, gives me a realistic 25% per year return for about 0.3% capital risk per trade. Take a look at a Break Out Strat I have developed, testing attached. Forex day trading from home is promoted as an easy way to make money but currency trading is just like any other business - you have to have a plan, the right strategy and mindset to make long term profits.The problem with any trading system which aims to trade short term i.e.
scalp pips within a few hours or to only keep positions open in a day is doomed to fail - why. Because all the market volatility that occurs in the short term time frames of a few hours or less is just random noise and you can never win.There are a huge amount of scalping and day trading systems, software and automated robots promoted online but none of them work. The short answer is yes. The longer answer forex trading for a living kitchen, yes you can make a living trading the Forex market but you have to consistently do a lot of things right.
Most traders simply do not yet possess the necessary trading skill, discipline, patience, or realistic attitude to succeed long-term in the markets.However, this does not mean that it is impossible. You simply have to learn what you need to do to become a consistently profitable trader, and then do it. Easier said than done, I know. But, I am living proof that you can make a living trading the Forex market, and I personally know other people who make consistent money in the markets.
So, it can be done.
Kitchen trading forex for a living