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3 Things I Wish I Knew When I Started Trading Forex

From dailyfx.com

Everyone comes to the Forex market for a reason, ranging between solely for entertainment to becoming a professional trader. I started out aspiring to be a full-time, self sufficient Forex trader. I had been taught the 'perfect' strategy. I spent months testing it and backtests showed how I could make $25,000-$35,000 a year off of a $10,000 account. My plan was to let my account compound until I was so well off, I wouldn't have to work again in my life. I was dedicated and I committed myself to the plan 100%. Sparing you the details, my plan failed. It turns out that trading 300k lots on a $10,000 account is not very ... (full story)

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