The Life of a FX Specialist Trader and Concrete Methods to Gain Freedom and Income

I wrote down the thoughts necessary to live as a full-time Forex trader

It includes concrete methods to actually achieve it

Setting a daily target pips as a full-time trader

This is not absolute; it does not mean you must earn a fixed number of pips per day

If you cannot earn ○ pips within 12 hours, you can add notes like “stop for today” to prevent further losses

Considering a daily target in pips and trading accordingly is generally effective trading practice

What is an appropriate annual income for a Forex full-time trader?

From discussions with traders who are truly consistently profitable,

they say if you’re not earning over 10 million yen per year, you’re not valuable

It’s the same as criticizing those who profit from pachinko when they don’t earn that much each month

There are people who criticize, "Are you going to live off pachinko if you’re only earning that much every month?"

To become full-time, you are sacrificing career history, among other things

So you must earn even more to make it worthwhile

How to find blogs of Forex full-time traders

Some of them are truly run by individuals

There are people who have no business mindset at all, with different dreams or posting different content

It’s clear that they are not registered in any rankings

First time as a full-time trader, failing in FX

That’s the one thing you should never do

When pursuing full-time FX, you must absolutely not lose

Losing means a crushing defeat—on the same level as a company going bankrupt

It’s better to refine your trading skills and then resume trading

Do full-time FX traders need a strategy?

Strategy isn’t the most important thing; those who do it have a certain mindset about trading

If they see a trend, they enter in the direction of the trend

If it moves within a range, they trade counter-trend; it’s simple, not something to call a “strategy”

However, they are more conscious than anyone of not losing

Capital required for a Forex full-time trader

This should be over 1 million yen; with more, you can secure a living and compound profits

Most importantly, you must improve your trading skills and avoid losses; if you stay mindful of that, profits will come naturally

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