What Are Your Problems Trading Forex at Home?

[Syldan]

Actually staying home to undergo your forex trading should not be a problem actually because it's not something that can takes all of your time. Going out will attract alot of distractions.

 

[greenie]

I think that discipline and the lack of knowledge is a very important problem when it comes to trading at home however I think that one of the main problems that I have experienced is the inconsistency of a network connection. Sometimes if you do not have internet access you can lose out on some valuable trading opportunities that could have resulted in a lot of profit for you.

 

[Genie01]

The challenges are different and peculiar to some set of people.
As for me, it's the issue of power supply and the seasonal glitch in internet connection

 

[Smiles20]

Analysis is something that require that you should focus your complete attention and that is something that doing it at home is not going to give you that guarantee as there is noise sometimes.

 

[GIFTMICHAEL]

I wouldn't have any problem trading Forex at home. The only challenge I might be having is the fact is I will be tempted to eat all the time. Apart from this there's absolutely no problem.

 

[Ofonime6]

The issue am having now trading forex from home is lack of time this few days am very short of time as some of my time goas to my offline business and another factor that constraint me from trading this few days is lack of technical analysis skills

 

[Floura]

If you are trading at home I don't think you'll have any problem at all, personally I like to trade from home it is very much easier for me because I don't get distracted.

 

[Lynaia]

Maybe it's just me that don't know about trading because i use to think that trading at home is even the best. You will be calm and their won't be any distraction to disturb what you're doing

 

[ghxstvecna]

Creating an Office Environment Trading at home requires you to have a space where you can go about your business without many interruptions.

 

[Syldan]

Engaging in any of the online business home is the best place but it depends on how good the environment is for you to do what is expected. most especially when there is no interruption.

 

[Bbwoy95]

Due to the Covid-19 pandemic, we are currently often at home,
As amateur traders or part time traders, of course we often fill our spare time by trading forex or crypto, in my opinion trading at home is too much of a distraction such as: there are friends visiting, noise from the voices of relatives, mothers or fathers, of course we have to find a place that calm to concentrate. and the problems I often encounter are Difficult to Discipline and Consistent and Distraction, for example I am analyzing prices suddenly switching or landing pages to social media such as Facebook etc, so I forget the time.

Forex trading is difficult because most times, I do not have enough fundamental and technical analysis knowledge, don't test my strategies, and do not follow risk management rules.

 

[Ofonime6]

I want to know much now about trend line its one of those ways which anyone can easyly use to detect the market trend seriously I beleive on that sometime when I placed my trade the trend wont be in my favoure so trend line is what am learning now

 

[Genie01]

The tendency of being distracted is very while if one is Trading at home, but the ability to minimize distraction will make you Maximize your time and keep you profitable as trader.

 

[UsmanAmoyo]

Distractions could make one to misinterprete Price and the results would definitely reflect on the equity.
I always give myself a space devoid of distractions.

 

[tray59]

Distractions could make one to misinterprete Price and the results would definitely reflect on the equity.
I always give myself a space devoid of distractions.

Yes dude you are very right distractions is one of the thing that makes me vacates my former premises also lack of constant power supply to ensure you monitor your trade properly are some of the constraints

 

[UsmanAmoyo]

Yes dude you are very right distractions is one of the thing that makes me vacates my former premises also lack of constant power supply to ensure you monitor your trade properly are some of the constraints

Indeed these constraints are can be very disadvantageous to a trader especially If you have opened positions.
Another one is the glitch in internet connection .

 

[tyrim88]

It depends though. I believe most home traders set a time for their trading. So when it's time everyone knowns they are busy so they won't be distracted. Some prefer trading at night

One thing about doing your trading at home is that you will need some level of discipline to be able to succeed at home,because there are lots of distractions while you might be working at home.

 

[Genie01]

Distractions is one of the major concerns that is associated with the act of trading at home.
It can be regulated by having your trading hub even at home.