If we ask professional Forex traders to judge their overall FX Jobs experience, nearly all of them will say that it is positive. Many of them consider it as is a hobby and a passion, more than just a job.
Forex traders mainly appreciate in their FX Jobs that they are liberating, because of their flexibility; gratifying, since you don’t have any maximum payout and you can earn a big amount of money, depending on your knowledge, skills and decisions and fun, providing big satisfaction.
Many Forex traders also have the chance to work in different continents, discovering different cultures and understanding the world better, making friends in all the main trading centres (NY, London, HK, Sing, Tokyo, Sidney). This helps them develop a cosmopolitan and flexible worldview.
Some of them are so fond of their FX jobs to get to describe exchanging as a calling and Forex Trading as a vocation, in light of the fact that Forex is a decentralization business sector to exchange monetary standards and have chances to make an immense measure of benefit.
Becoming a professional Forex Trader in FX Jobs, though, you will realize that you need to work on 3 main points:
- Emotional intelligence: losing virtual money is easier than losing real money. Your brain will be always impatient to book profits and wait when the in the loss. This is the reason why you will have to control your mind, using your “intelligence quotient“, that will raise as much as your “emotional quotient” decreases with your experience. It will take time and effort to learn a Forex trading methodology that works. The biggest challenge you are going to face when you change from a Demo account to a Live account is to increase your Emotional Intelligence, EQ, to acknowledge your fear of losing money and your greed to make more money, and use your emotions to make good trading decisions.
- Experience: you have to be in the market to learn the market. Strategies will come later.
- These strategies (money management/ technical) will have to be built around the concept of loose less, win more with you overall trade win above a certain percentage.
You will have to be passionate enough to develop a good understanding of the deliverable foreign exchange market. If you want to be a full-time professional Forex Trader in FX Jobs, you’ll also need to be resilient, ambitious and target driven. Now check the newest open positions for FX Trader jobs and apply, to have your chance to begin your new career!