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Why wasted your money on expensive course trading manually when nowadays there are forex software that can help you to trade automatically? FOREX is leveraged trading very risky.
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But I know some people managed to make a living trading forex. I learned for free here.
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Don't sign up right away. Just go to the education part and do all 32 lessons first. Hence Technical indicators come into your assistance like the MA moving averages , MACD, Stochastic Oscillators, RSI, etc. Other technical knowledges like Elliot Waves, fibonacci calculations are advantages to your trends positions. Plotting charts manually are also an add-on knowledge as you can have the feels of the market's sentiment.
Well, in the early 90s, there are hardly any charting providers. Now, you have many charting providers to choose from, hence saving your precious time plotting charts.
Knowing the technical aspects are only half a battle won. As most currencies are against the US Greenback, hence the US economic indicators comes into picture. The Fundamental Indicators - and alot of them approx The major ones are Employment situations 1st Friday of the month , the CPI, PPI, retail sales etc. The FOMC meetings deciding the interest rates and bias are top in the list of market movers.
Your strategy trading plans on entry points, cutting losses with lots of self-discipline. Probably using dervatives futures to hedge positions. FX trading are not for everyone.
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Definitely harder for investors will small capital outlay. The above statements are my personal views. I had worked in the banking industry for abt 12yrs. Good luck to those trading..
Not many traders come close to George Soros.. Even CMC Market I am not advertising for them give an special promotion that "Trade CFDs Risk Free For A Day. A quality website by Jeyel since Signup Login 22 Jun, Where to learn to trade??
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Please Login or Signup to reply. But most traders lose money only a few managed to earn money. Originally posted by M the name:. Originally posted by Asromanista Originally posted by Robots will never work Originally posted by Vitto Pleasant weekends to all. Links Singapore News Singapore Blog Hosting Lah.