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  • Post #1
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  • First Post: Aug 29, 2007 1:18pm Aug 29, 2007 1:18pm
  •  benjiboy
  • | Joined Aug 2007 | Status: Member | 2 Posts
It may sound amateurship and stupid ...i know but i became interested in the currency market just a few months ago and although i am so far still new time is against me since i have to spend a lot of time at work disrupting so unable to watch the market continuously... i subscribed to a newsletter and for the past days it has been dismal....any good suggestions?
  • Post #2
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  • Aug 29, 2007 2:31pm Aug 29, 2007 2:31pm
  •  saskgui
  • | Joined Aug 2007 | Status: Member | 193 Posts
If you work full time you will not be able to watch the charts continuously that much is clear. You will have to learn to trade longer time frames. Do not look at anything less than 1 day charts.

For some basic forex education check out www.babypips.com
 
 
  • Post #3
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  • Aug 29, 2007 4:05pm Aug 29, 2007 4:05pm
  •  philmcgrew
  • Joined May 2005 | Status: I am not your bro | 1,302 Posts
Learn to trade! Visit websites such as the one recommended and read a couple good books on trading and trading psychology. Find a mentor if you have too. Starting out by relying on a newsletter and someone else's ideas will only make you dependant upon their methods. You've already started to question the validity of their comments after a couple bad days, which by the way, is not an ample amount of time to judge.

You are trading against people who study, read books, do market research, develop systems and spend their waking hours doing testing. There's no other arena where you would walk in and expect to compete against such professionals. Trading, and your attitude towards it, should be no different.
 
 
  • Post #4
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  • Last Post: Aug 29, 2007 5:57pm Aug 29, 2007 5:57pm
  •  WTB
  • | Commercial Member | Joined Sep 2005 | 1,118 Posts
Trading is difficult as it is. If you cannot give it your best shot, I sincerelly recommend you to not get involved in the markets.
 
 
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