First time posting so be gentle. I'm in my late 30s, is it too late to learn trading/forex? Is it a young person's games ie eyeballs glued to monitors 24/7?
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Does anyone else trade other markets when The forex market is choppy/not best time to trade?
I’m a full timer trader but noticed how badly the markets have been going. Last week was good, but now it’s awful. So just wondering if anyone has a “back up” market when they take a break/if you don’t take a break—what do you do? Thanks for any comments and/or feedback!
Will Forex, Commodities, currency money supply, and other economic data like GDP, BigMac Index, or trade data between countries in the horizon for The Terminal?
I'm really getting interested in learning more about economics lately and I'm hoping that one day, if I can afford it, The Terminal will always be my go to source of information. I'm really liking the people behind this company and project and I really want to join in on this vision someday, so I signed up for the petition too. Anyway, thanks for anybody who would answer.
I have a question, I’m learning from 2 years ago forex by my own and I am not getting good result in demo account but I want to keep going learning trading, do you think trading can end up ? I’m afraid because if it is true I will waste time, what do you think?
The thing is I like trading because it is the best way to earn easy money in the hard way, so I’m learning by my own but in all the world they are people call “ smoker seller” and those people teach you the basic and their mentorships is so expensive. It is difficult to find a real mentor in this world because some of them don’t have time to teache how to trade in the real situation about the market, but now I don’t have money to pay a real mentor. That’s why I’m learning by my own what do you recommend me to keep learning ? I know much concept about trading but maybe I need more practice because I’m not practicing too much.
What Is The Best Time Of Day To Trade Forex For A Novice Trader?
Forex Market Opens 24 hours a day on weekdays, but the market remains closed on weekends. Forex is traded worldwide so that the timings may vary from country to country. The forex market is classified into four major trading sessions which include Sydney, Tokyo, London and New York. These are the largest forex markets accounting for nearly 75% of FX's daily volume. https://preview.redd.it/mij1mk3y4b5a1.png?width=615&format=png&auto=webp&s=b64e058bb878b2f91096d94e1a792df394f7e0b8 The Best Time for Forex Trading For A Novice Trader when the market is active in a day and when you will get the best chance for executing a trade. The overlap windows for exchanges are:
Both New York and London exchanges windows are open between 1 pm to 4 pm (GMT)
Both Tokyo and Sydney window exchanges are open between 12 am to 7 am (GMT) when both Tokyo and Sydney exchanges are open
Tokyo and London exchanges window are open from 8 am to 9 am (GMT)
How much time do you commit in monitoring your Forex trading?
I have been trying out trading for sometimes, but I am not sure how long should I be spending on monitoring my trade. Should I spend few hours or keep it within an hour? Would love to know about yours.
Which things need to take care of while Part-time Forex Trading?
Things need to take care of while Part-time Forex Trading
Make sure you’re committed to more than just the idea
Use your time and the weekends
Audit your time
Keep a Trading Journal
The commitment required to become a quality trader on a part-time basis can be stressful but incredibly rewarding. It’s significant that your heart is very much in it. So, consider starting off with popular Trading platforms like Growing Capital. Cut your learning curve in half and get expert guidance on how to start trading the world’s financial markets.
Many people work very hard at forex trading on a part-time basis every day and this consumes their home life. You can make money trading on foreign exchange but it is not a manageable task. The commitment required to become a quality trader on a part-time basis can be stressful but incredibly rewarding. It’s significant that your heart is very much in it. So, consider starting off with popular Trading platforms like Growing Capital. Cut your learning curve in half and get expert guidance on how to start trading the world’s financial markets.
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