Why I started Forex Trading?
Updated: Dec 15, 2021
Many people dream of trading as a full-time job and living the life of a day trader.
However, unlike many new traders, I must balance my full-time corporate work with the development of my forex account.
Since COVID'19, many facets of our everyday lives have changed, as have the ways we approach work. I'm fortunate to have the opportunity to learn Forex Trading starting in January of this year.
Trading can be very lucrative but it can also be very risky. If you master and build trading skills, your monthly P/L will almost certainly reflect profitability. It took me 5 months (from January to May) to turn a profit.
Below chart is my tracker of monthly P/L and Hit Ratio vs Target Profits
(* Dec'21 record was not available since it's mid of Dec when I'm blogging now.)
During those five months, I experimented with a variety of trading strategies and learned a lot from my mistakes.
Since June 2021, I've been able to develop my own trading strategy and have begun to see consistent profits.
As I scale up my position size, I plan to start writing and sharing my easy forex trading concept.