
Forex.com Trading . Next 3 months .. All Day long, help:?
Basically I Just got out of the military & I am off until January when I start my new job & school.
We have money saved up for living & such. I have set aside about 800-1000 & opened an account with forex.com
Basically I hear all of these strategies about once a day trading or scalping, I am brand new to this.
Couple questions.
I have all day to trade, What can I do to maximize my profit, I can literally work any time of the day all day until Xmas.
I enjoy the idea & practice of scalping, Just not sure exactly what I am looking for to make split second decisions.
I read the strategies & such on here but is there an in-depth guide to actually explain everything?
& as mentioned, I use forex.com for trading.
One should really develop a winning strategy before trading with any real money. To do otherwise is simply gambling or speculating…that’s for Vegas.
One of the best resources available for beginners is without a doubt babypips ( google it)
Tons of free info.
starting with 800-1,000 you probably be wise to trade a micro account to avoid margin calls.
I suggest using MetaTrader 4 with your broker and a practice account till you get a sense about not only How To Trade but what to trade.
There’s lots to learn and having the time you have, you should be able to learn a lot quickly.
Good luck!
84. A Breakdown of the Forex Trading Day
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