Going to make it big by age 21.
College Grad Looking to Make as a Trader 61 replies
Forex Without a Job (College/Uni Student) 35 replies
College Major for an FX Trader? 84 replies
Education help? Major and College Qs 5 replies
DislikedHey guys. this is what im seeing right now. This pair has sick strength.......I believe that traders will push this pair past 1.50 based on my chart. Lets trade with the trend, Ill do buying at 1.4873 if it breaks 5 pips then I will look to buy lower around 1.4800.
I will probably stay out of the market until after FOMC meeting at 2est. Lets wait till good levels of support and resistance have been set. I advise everyone to do the same. Here are my charts and levels for usd pairs.Ignored
DislikedA thread just for us!
I'm currently a sophomore attending a community college in Maryland, transferring to Baruch College in NY next spring, majoring in accounting.
As for my forex "career", I've been demoing with Oanda for almost a year now, had a lot of up and down days (today just happened to be a down, -131 pips).
I'm still trying to get consistent before I even think about opening a live account, 500 pips a month is reasonable isn't it?
What methods/system are you guys using? I'm using the THV V4 system right now,...Ignored
DislikedI set my risk to 5% per trade, which in my case is $50 ($1000 account, trading 1 mini-lot at $1 per pip) but I usually get out way before that. My reward:risk ratio is around 2:1.
What initial capital did you guys start with? Specifically those who trade on higher TFs (H4 and higher). Trading intraday has been a roller coaster ride and I have classes in between the NY session. I don't want to have to stare at my screen every minute like I've been doing, so higher TF might be more ideal for meIgnored
DislikedWith 5% risk and trading intraday charts...you better watch out dude. I made the same mistake when I started and thats how I went broke. Try lowering risk to 1.5%, trading 4hr charts, and see how much easier and less stressfull this gets.Ignored
DislikedYeah the intraday charts drives me insane sometimes, especially this week, I lost around 130 pips, but still manage to be positive this month by a mere 50 pips
When trading 4hr chart, what other TFs do you look for trend direction, entries, and exits?Ignored
DislikedIf i would have known about forex before college, i wouldn't have gone.Ignored
Dislikedi am also a university forex trader haha
i trade using simple moving averages, what do you guys think,,,,
i trade on the 1 hour and 1 day chart onlyIgnored
DislikedWelcome! We would love to help you out. Sorry for the lack of recent posts, I've been doing lots of studying.Ignored