The million dollar question, you can live FOREX? is a question which many traders are beginners and few can answer. In my very personal view of the live Forex depends only on 4 things:
* The size of your account
* Your system
* Discipline
* Confidence
So if size is important because the more money you have to invest, will lower the number of pips that you have to risk to achieve good profits, generating 10 pips per day depending on the size of your account could mean $ 10, 1 000 USD , 10,000 USD, you can earn every day, earn $ 10 requires the same effort to gain 10 000USD, simply based on the number of lots which is composed of your operation, and obviously the more money is at stake, emotions rise and you should be careful not to succumb to them. That's why the Discipline plays an important role. Have a plan before making a trade (and adhere to the plan), not improvising, is what allows you to get a steady income in your Forex account.
There are hundreds or thousands of systems for forex earnings, some are very good, others are excellent, but simply serves no one if not the next. Respect your stops, your entries and exits is essential to succeed in this business.
Living in the foreign exchange market is possible, takes time and may decline, but like anything in life that is practiced and understood by constantly ends meet.
