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Anyone here trade Forex?
Someone turned me on to Forex last week and said I would be better off trading FX then stocks since I am more of a technical trader then a fundamental trader, so I opened a demo account with FXCM...and started trading with 5 minute and 15 minute charts and made about 20 trades in 3 hours. Since it is all new to me I was down 2k and was able to recover to down $500. I really liked the idea of closing out the position before going to bed.
I am going to open a live account soon, does anyone have any helpful advice? I did google some Forex info but it is a lot of data to take in and many of the results were from sponsored.
If you have some good links please forward, thanks
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