+1000Lots of beginners flock to forex, but personally I believe it is actually the hardest market to trade. The price action exhibits behaviour that appears more random and unpredictable than indices or commodities.
Those of you that have written automated systems and backtested them will know what I mean.
Forex trading is easy!
+1 - anyone who has attempted to write an auto system at <200 tick resolution for index futures or something like that vs forex will know that forex is an absolute monster to automate on a short time frame and that the 'pips per day' on offer are hugely, tragically misleading.+1000
yep Cap has a good ship running there with the 3 ducks with no bells or whistlesHi Kitty,
I would suggest you check out the 3 Ducks thread. It is as simple as you can get, and if you keep it simple then, you will get there sooner. Yes it is difficult, but can be done. It is very consuming, so arguments with spouses is a given with trading forex. There is an incredible learning curve, but it can be lessened, with the right way of looking at it. Capt. Currency can help you reduce it if you want to check him out. There really is no better way of looking at the forex markets than with the 3 Ducks, as a beginner. You will find that everyone wants to sell you a system, and that it works every time. I have found that the best systems are free. So don't spend money buying them. Good luck.
We get it, advertisements are annoying!
But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.