Finally starting to get a window of time to give to myself but can't decide on what hobby to jump into.
So, my pile of kids are all finally out of diapers and my burden of caring for other humans is slowly lifting and I'm finding myself with a bit of time to myself. There are a number of things I'm interested in but can mostly only devote to one of them given the time permission - but also the nature of some of these ideas almost require an "all-in" approach to have any hopes of improving. I'll list them with what I think would be pros and cons and hope that maybe I can get a bit of feedback.
Poker. I've always enjoyed it casually, but I want to take it seriously. It's great for brain health (lots of math, calculations and odds), it's social, has monetization potential and to start up and begin learning isn't expensive. The downside is it's a night owl centric culture especially with live games, also playing live is FAR more expensive and difficult to build a 'bankroll' to leverage myself into a position to play any meaningful stake levels.
French Language Studies. I live in Canada, and despite not living anywhere near a French speaking community, I've always had a strong interest to learn a second language. I have a small foundation to build from given that French is mandatory through Grade 1 to 9 in our school system so I have some vocabulary. It's also the easiest of the ideas to practice and study while at work. (Podcasts, Duolingo, news etc). Downside is there's very little opportunity to monetize - though that shouldn't be much of a contributing factor I can't shake the idea that putting that much effort into something without figuring out a way to yield monetary gain. It's just how I'm wired I guess. Ces't la vie.
Day Trading / Forex: Also great for brain health (see a trend? I'm getting old.)Financial and career opportunities exist if skill level follows suit. Not as expensive as one would think to start learning, and with Forex there's near 24 hour access to a moving market. The downsides are it has the biggest financial risk, and to be able to make money in any meaningful way requires either a) A massive bankroll or b) a history of strong documented returns and applying to a Prop Trading firm (5%ers, Mavericks etc) but now we're exiting hobby and entering career shift territory. It's probably easier to become a plus money poker player than it is a + money forex trader.
All of these are big time sink ideas that almost create a life-centric identity. Which is what I'm after. I need to start using my big brain again and these are the three things (that I can think of right now anyway) that drives interest. Thoughts? Feedback? Have other ideas? Thanks so much!
But it is a false statement that Forex is easy money. Typically, when a trader signs up to start trading Forex, they do so under the false illusion that it is indeed an easy way to make money. They are sold on expensive courses that feature wealthy millionaires with fancy cars and in their yachts talking about how they do no work but make lots of money by doing as little as possible. In Truth ... FOREX.com offers forex & metals trading with award winning trading platforms, tight spreads, quality executions, powerful trading tools & 24-hour live support If a trader loses 10 pips on losing trades but makes 15 on winning trades, she is making more on the winners than she's losing on losers. This means that even if the trader only wins 50% of her trades, she will be profitable. Therefore, making more on winning trades is also a strategic component for which many forex day traders strive. Usually, traders start forex trading to make quick money or get rid of debt. Forex marketers often encourage these traders to trade with high leverage and use larger sizes of lots to make larger returns, using small initial capital. In the short term, a forex trader may get the high returns he is looking for. However, since the risk is very ... We share our forex trading strategies, trade updates for signals and discuss different international money transfers services suitable for Fx trading Forex-Kürzel; Orderarten für Trader; Saisonalitäten (Seasonals) Special: Gold; 10 Trading Regeln; Trading Fehler; Forecast; Wirtschaftskalender; WolVol Indikator; Lerne jetzt von Profi-Trader René Wolfram, wie Du erfolgreich traden kannst. Live und mit Echtgeld! Allgemein René Wolfram . Rohstoffpreise und China. 9. November 2020 11. November 2020 Rene_Wolfram. Allgemein René Wolfram ... 30.06.2020 - #forex #forextrader #bitcoin #trading #forextrading #money #forexsignals #trader #cryptocurrency #investment #forexlifestyle #crypto #investing #business #cnnbusiness #entrepreneur #binaryoptions #blockchain #invest #forexmarket #investor #stocks #forexlife #successbin #germany #canada #london #newyork #california
Here's How I Made BIG MONEY All at 22yrs Old Trading Forex ...
We break down the truth ... 🚨🚨Trading Performance 🚨🚨 Improve Your Trading Performance at our Fundamental Trading Academy https://www.toptradersfx.com ... Copy My Pro Forex Signals For FREE today! https://WWW.FXLIFESTYLE.COM FOLLOW MY FACEBOOK https://www.facebook.com/fxlifestyleteam ADD MY SNAPCHAT FXL... http://www.learncurrencytradingonline.com If you want to make money trading Forex this documentary on professional FX traders is a great tutorial not only ho... 14 day RISK FREE TRIAL on investing and trading HERE: http://training.tieronetrading.com/trial For my #1 podcast go to: iTunes: http://bit.ly/alwaysfreepodca... KPL-FXBTC LLC Website: https://kouleefx.com Current brokers I use now LQDFX http://t.lqdfx.com/?t=yf6495 Tradersway offers 1:1000 leverage payment method I u... 💰💰South African forex traders showing off money vs world traders. Forex profit withdrawals. Forex trading strategies is about forex and trading. We share vide... March Madness Day 5 Today I have recorded my first video of me live trading! Trade hits TP 2 while filming for 50+ Pips! I also send trade alerts to my team!... Forex Trade With Us http://bit.ly/2EYIbgI Email: [email protected] P.S MY INSTAGRAM IS GONE NOW SO IF SOMEBODY WRITES YOU ITS NOT ME ALSO IM NOT ON T... Learn more here: https://bit.ly/2ShPRPx Here' why you'll never make money in Forex. It's all because of the Forex cycle of doom. Many aspiring traders who ar... How much money to start trading forex is a question that I see alot of people ask about. This video discusses some things to take into consideration and keep...