Is there any truth that traders have made your entire salary by 10 am? sometimes without getting out of bed? hahaha.Well there are too many things to consider before making that judgment but I will say that its not easy to trade at that level without a lot of sacrifices although you can never dismiss any as false but sometimes certain stand out as not being realistic .
I always use sports analogy because like trading there your performance is not hard to measure.Now some people have natural instincts in trading ,raw talent,and this gives them a greater advantage over people who have no interest or talent
The guys ,or girls,that go on to make a great living as forex traders are the Ronaldos ,Tiger Woods,Floyd Mayweathers,Serena Williams,Micheal Jordans of the trading world.Great natural talent but an even greater work ethic
Now with anyone work the greater you are the better the pay off because well…..thats just work the world works.Now you will know after a month or two if forex trading is you calling if not you can still make a good living from it.
Now in sports if you have no talent but work very hard you can experience some success but it going to be limited likewise in trading .
You can make a good living as a profitable trader but chances are you wont be motivated to break the bank or exceed a certain number ,for example R 50 000 per month, where as a talented trader might want to go hard and take the route of managing money for wealthy clients and generating millions a month worth of profits ,and sometimes loses.
Whichever you are talented or talentless hard work and a working with a winning formula are mandatory there is no running away from that.With the right help its like having a GPS pointing you to the destination ,you still have to do the traveling your buts its not wasteful in terms of time and money.