A little background: I am an aspiring trader. 21 years old. I started in June 2015, with zero background in Forex. I paid an institution $5,000 USD to "teach" me how to trade. It was presented in a manner that would make anyone think that trading is quick, easy money. They taught me how to use their industry-redefining indicators - accurate 90% of the time. Webinar after webinar, mind-blowing demo account growth and a 7:00pm meeting every Wednesday. 3 months later, they stopped communicating with me after receiving their last payment. Suspicious...but I went live anyways.
$1,500 USD. Ready to turn it into millions, move to Cali and buy that 2016 BMW M3 in the Spring. Starting September 8th, 2015, I lost all of it except for the $2.71 that is currently safe in my account. I refuse to deposit more until I have a strategy in place, that I know works. Since then, I have sunk my humbled brain into the depths of this forum. Reading pages and pages of turnkey strategies, ground-breaking automated systems, you get the point. Starting to sound like the BS I went through back in June.
Fast-forward to now, I know exactly what Forex is. All those numbers don't just represent an exchange rate between two currencies. If you're winning, someone else is losing, and vice-versa. (how could they not have taught me that?)... I have learned MQL4, the coding language for MetaTrader 4 and have coded a few Expert Advisors that are also not profitable.
The point: Aside from my agitated rambling, I am trying to develop my own strategy. Any advice that any seasoned traders reading this have to offer, I am all ears.
Regards, Casey-
$1,500 USD. Ready to turn it into millions, move to Cali and buy that 2016 BMW M3 in the Spring. Starting September 8th, 2015, I lost all of it except for the $2.71 that is currently safe in my account. I refuse to deposit more until I have a strategy in place, that I know works. Since then, I have sunk my humbled brain into the depths of this forum. Reading pages and pages of turnkey strategies, ground-breaking automated systems, you get the point. Starting to sound like the BS I went through back in June.
Fast-forward to now, I know exactly what Forex is. All those numbers don't just represent an exchange rate between two currencies. If you're winning, someone else is losing, and vice-versa. (how could they not have taught me that?)... I have learned MQL4, the coding language for MetaTrader 4 and have coded a few Expert Advisors that are also not profitable.
The point: Aside from my agitated rambling, I am trying to develop my own strategy. Any advice that any seasoned traders reading this have to offer, I am all ears.
Regards, Casey-