The answer to a question like this can be frustratingly elusive. There are no right or wrong answers, only different people and their varying goals. For some people, profiting is the only thing that matters, while others are more concerned with time invested into the endeavour than profit itself.
We'll go over both of those concerns in this post and see what conclusions we can come to about how much time you should invest in order to become good at Forex Trading. The first thing to consider is your end goal. There are many different reasons for investing in Forex Trading, but we can broadly classify them into two categories: profiting and improving yourself. In the former you want to make money, in the latter you are more concerned with self-improvement.
To get better at trading, you need to make mistakes and learn from them along the way. To make money though, you need a winning strategy that minimises your losses and maximises your gains. We'll now look at how much time these two strategies require from both a time-investment perspective and an emotional investment perspective.
To re-iterate what I said in my last post about drawing conclusions based on different people's end goals, trade for the type of person you are. If you have a burning desire to make money, then your time is probably not as important as it is for someone who wants to get good at trading and improve their skills over time. If you like trading the market and making lots of money, that doesn't mean those are your only goals in life; it just means they're your main ones.
