Introduction
Forex trading is quite a complex subject area, and is therefore difficult for many people to understand.
This will soon become apparent if you are a full-time trader yourself, and are currently in a relationship with someone because you will often find that they will find it hard to understand the markets or understand how you make money, no matter how much you explain it to them.
So when you have a husband or a wife that doesn’t really understand what your occupation is, and maybe doesn’t appreciate the stresses and pressures of this job (they may well think you have an easy life sat at home in front of a computer all day), it will inevitably result in some arguments at some point.
However, this is just one potential problem. There are several other ways in which forex trading can affect your personal relationships.
Too Much Time Together
Most of us love to spend time with our other halves, but if you are both working at home, or maybe one of you is working and the other one is raising a child and taking care of the housework, you may find that you are spending too much time together.
If you are together 24 hours a day, this can put real strain on a relationship, and will often result in a lot of arguments.
Arguments Regarding Money
Even if you are an experienced currency trader who uses tried and tested strategies to trade the markets, it is still possible to have losing months, which can also put real strain on a relationship.
If you have large bills and school fees to pay, for example, and your other half has to pay most of these fees because you lost money that month, it will inevitably cause some tension and ill-feelings between you.
Indeed your other half may even use this as an opportunity to encourage you to get a ‘proper’ job, rather than waste time sat at home all day.
Distractions
One of the problems with working from home is that you may have other distractions that are preventing you from focusing clearly on the markets.
For instance, you may have young children running around the house, your partner may be busy cooking or cleaning while you work or constantly talking on the phone.
This may not always be a problem if your partner has a full-time job, but if they are at home for several hours while you are on your computer trading the markets, it may prevent you from making consistent profits, and could therefore result in resentment towards them.
Unsociable Working Hours
Another potential problem that have a negative affect on your relationship is where you are working on your computer at unsociable hours.
This will largely depend on which country you live in, which markets and which hours you like to trade, but if your partner is working during the daytime, and you are working in the evenings when they are free, it will almost certainly cause problems between you because you can’t go out or do anything together.
Similarly, if you are constantly waking them up and disturbing their sleep by getting up at 3 AM to trade the markets, for example, this will also be an issue.
Negative Comments from Friends and Family
I have already mentioned how hard it is to understand the ins and outs of forex trading, or indeed trading generally, but this can also manifest itself when it comes to friends and family.
For instance, if the parents or friends of your partner are constantly asking them questions about your profession, or are maybe criticising what you do, this will eventually come back to you and create a possible conflict between you both.
Closing Comments – It’s Not All Bad
After reading these comments, you might automatically assume that you will inevitably destroy your relationship by working from home as a full-time forex trader, but there are some major benefits as well.
For instance, there is the potential to make a lot of money and create a much better life for your loved one, for a start, and you also have the freedom to take a break from the markets and take a holiday whenever you want, which will also please your partner.
Plus if you have a young family, you also have the opportunity to spend more time at home as a family, which will being you all closer together.
So the point is that forex trading can have positive and negative effects on your personal relationship, but if you can make it pay, I think the pros will definitely outweigh the cons in the long run.
