RE: Market Highlights - Week 2

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Market Highlights - Week 2

in forex •  7 years ago 

How long have you been trading forex? Any tips for first timers who are interested in it?

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About a year ago I made trading a serious focus in my life. I've been dabbling for nearly a decade on and off though, so it's hard to gauge.

Tips for first timers? Understand that trading is probably one of the hardest thing you'll attempt in your life. You should be intimidated.

Great. Thank you for the candid response. I'm sufficiently intimidated now. lol

haha.

Trading is more about risk and personal management than about reading indicators. Hunt down Andrew's Action Reaction Course. It's pretty ancient and available for free online. Then Dig through all the Market Geometry blog posts and free videos.

Learn your workflow with a demo trading account and once you have a good idea about what you should be doing, throw a thousand dollars at a broker and start practicing for real.