Let’s say that you have been
positive to join forex trading. Most people are immediately going to be
full-time trader after winning one deal or two. Is this actually a wise
decision? Experts have shown that the chance full time trader suffer
from loss is higher than the part timer one.
Part Timer Learns More
Many people are wavered by the chance of high profit forex trading promises.
It’s true that the more skillful you are, the higher chance you can win
the deal. However, research shows that part time forex trader tends to
learn more than the full timer. It’s psychological effect. Since part
timer treats forex trading as profitable game, they are more courageous
in experimenting. They learn the strategies over and over, and without
hesitation, they love to combine one strategy to another. They do not
care to go out from comfortable strategy to find the best one. Since
full timer needs to have secure profit, they tend to keep the one-time
successful strategy for all condition. The fact that forex market is
highly volatile, so getting stuck is not a wise decision.
Part Timer is more Easy-Going
We’re not talking about one’s personality, but how part-timer play.
Full-timer tends to make premature speculation, which is dangerous in
forex trading. Full-timer sets their mind to get quick profit to cover
their expense, since they hardly have another side-job. Remember that
even though the change in forex market is fast, the speculation favors
the one with deep planning. Success in forex trading has never meant to be rushed. If only you can be full timer with part timer’s mindset, everything will be okay.
