Professional Forex Trading - What Skills Do You Need?

While it's true that you do need a lot of qualifications (or very good contacts) in order to get a job trading currencies for a major financial institution, if you want to trade for yourself you don't need any qualifications at all. All you need is a computer (with an internet connection) and some capital so you can start trading your own account.

Many professional traders, and I include myself in that category, work from the comfort of their own home and make a very good living from forex trading. I do actually have a degree in Accounting and Finance myself, but that didn't help me become a successful forex trader in any way whatsoever. Indeed I know several professional traders who have no qualifications at all.