The world's largest financial market, foreign exchange, is a platform for exchanging all of the world's currencies. The convenience of trading forex, as well as strong liquidity and the option to trade on leverage, are just a few of the advantages.
I started trading forex because of side income apart from my monthly salary. I also like the idea of trading at any time of the day and taking advantage of a growing market with high liquidity, volatility, and leverage.
For the money. Traders trade in forex to generate an alternative income. Forex isn't for everyone but it is exciting and informative. It requires a lot of patience and commitment.
I trade forex for two reasons and two reasons only; the money it brings in for me, including the losses that come from investing, and how easy it is for me. Those are my personal motivators, because money makes the world go round, and all work and no play makes Jack a dull boy.
Like everyone else in the comments, I also started forex trading for an extra source of income. It feels good to be your own boss and work at your convenience. If you have the potential to become a skilled trader over time then you will surely enjoy trading and profits will keep you motivated as well.
The reason why I started forex trading is because I wanted something to do in my free time which would also help me make some money. Of course I know the risks and I have suffered losses but I love the feeling when I work hard and it reaps good profit.
I want to make money but I hate the 9 to 5 job, that's the reason I joined forex. Also, its high liquidity and volatility has attracted me to trade because a market with such enormous trading volume and rapid movements paves the way for plenty of great opportunities.
The reasons for forex trading are varied. Speculative trades – executed by banks, financial institutions, hedge funds, and individual investors – are profit-motivated. Central banks move forex markets dramatically through monetary policy, exchange regime setting, and, in rare cases, currency intervention.
There's nothing better than forex trading if you want to make a lot of money sans working under someone else and doing everything on your own time and at your own place. You may make as much as you want by understanding the skill of buying and selling at the correct moment. Learning this talent, however, is not as easy as it appears. It takes decades to perfect, but once you do, you'll never go back.
I started because I have 3 little ones that aren't in school yet, husband works fulltime so I wanted to help bring in income from home. After doing a lot of research, I realized that the only things that are really worth the effort are selling feet pics or opening a trading account
The primary motive of trading forex is profit. But, why only forex, not other trading platforms? Answers to this question are easy accessible, no limitation of opening and closing time, high volatility, high leverage, etc., which make it more favourable.
When I started trading forex, it was just a basic interest to test how the market works and see if it’s profitable or not.
Soon the challenges got me hooked up to trading, and I became more and more interested in it.
Currently, if you ask me why I trade forex now, I will honestly answer that it is the sustainable profits and adventures that keep me going.
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