Dear reddit peepz, I have a question. I am doing forex for +- 5 years. A lot of practicing etc... You know the drill. Forex really interests me and I wonder if there is a way to do this as a profession. Do some people have experience with it? The thing is, we all know if you want to live from Forex by yourself you have to have a decent capital to sustain yourself and this is what I lack, I am a rather 'poor' guy. To give an example I started with 400 euro. At this moment I am at 1830 euro. I took 1100 trades in 1 year and two months. I know my trading and I am pretty sure this money will keep growing but it's not that I will ever be able to do this in a way I can live from the profit. It will take too long. Is there any way to deliver portfolio's, trading summary's to certain people to increase your gain and start living from it. Working for a bank for example. Do some people have done it in this way? Maybe another important input is that I live in Belgium, if you speak about Forex here people think you speak chinese. Also taxes are very heavy here in this country. Maybe even moving to another country would be an option. It doesn't really need to be like staking here you go but even working around the theme of trading/Forex could be an option. Tutoring or smt. Greetzzzz
Hey so I am being offered a job as a forex trader. I already have a bit of knowledge and have been following the markets for years. I was going to get a job and spend my spare time doing forex anyway. This will just speed up the process. But Im a bit sus on the structure. So I have to pay 2500 and they give me another 2500. They will train me in the first couple of months and recon I should make a 10% profit in the second month. In the third I trade and we share commission 50:50. They will cover my losses as well. Just a few questions. Does this sound normal? I suppose Ill trade with them until I become good enough to do it on my own. (If I can make consistent profits I can get capital). Whats stopping me from doing that? Do you think the time frame to get consistent profits is enough assuming the mentor is good enough? Thanks for any help.
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