View Single Post
Old 04-22-2012, 04:54 PM  
NALEM
Confirmed User
 
NALEM's Avatar
 
Industry Role:
Join Date: Nov 2010
Location: Where ever Delta flies
Posts: 3,134
Quote:
Originally Posted by HandballJim View Post
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

http://www.babypips.com/

When ready, open a MIG account.
__________________
"The time men spend in trying to impress others they could spend in doing the things by which others would be impressed."
NALEM is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote