Hi all…
I have just joined babypips and I think this is an exellent forum!
My question(s):
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Where do I start? (I am going to use this site) but my question concerns setting up my desk etc…
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Which Trading platforms does one start with? MT4? MT5?.
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I dont trust my bank as a dealer, but they offer CFC services… I should be greatful for any alternatives or corrections to my reasoning… I am open to any advice though.
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Can anyone suggest any other reading resources?
Please read on…
I am UK based and this will be my first foray into FX, I think it is an advantage that I have had no previous dealings in any of the exchanege traded markets…
I just REad “BEAT THE FOREX DEALER” by Agustin Silvani! It was a GReat read… Gonna read it again. Stangly, it was an easier to digest than “Currency trading for Dummies” … I aim to arm myself with as much knowledge as possible before really going into the this stuff… I find it fascinating and a little strange but I aint no Fool, neither am i Impulsive.
I prefer fast paced trading, I figure I am impatient and need to be engaged and I have an eye for analysis…In fact the idea of Macro level events affecting the markets is a big turn on for me, but even bigger still is the market’s dynamic within itself. I want to understand how this thing works…and how to position myself properly to get wins…