Many people say that it's hard to be day trader because the profit per trade is low, the cost per trade is high and it takes a lot of your time. So why do some people want to be day traders?
Some people say that its very hard to have good ROI with Forex, but I talked to someone that I know and he earns 100% ROI every month. I am confused about whether it's good to trade Forex. For experienced trader, do you think Forex has good ROI ? How much?
I'm sorry that I dont know much about trading. I want to decide if I should learn and trade Forex or maybe gold or maybe oil.
1. For experienced trader, does gold give better ROI than Forex?
2. What commodity is best for ROI ?
I think it's very hard to learn fundamental analysis because I just got started with Forex. Also, I need to use 1h chart because most of the day, I can't check the chart very often. Is it good idea to use 1h chart based on 90% technical analysis?