I’m from NZ, aged 23 and have graduated this year in engineering and currently working for a aussie construction company. Been very intersted investments from stocks to fx markets. Demoed for about a year made 72% gain (that was with 50k play). Opened up a live acc with FXCM (seems like the only broker that accepts NZD) - depoist 320 lost it over 2 months lol… combination of under capitalised and ‘gun blazing’
As a result of that, decided to read through the school stuff on this website (excellent stuff) and have finished it. will get back into it once I saved up about 1k to play around with - still under capitlaised but realised i wasnt using my position size efficently before.
Cheers !
Will
PS - any kiwis on this fourm keen to meet up and discuss about it!!
I’m from NZ, aged 23 and have graduated this year in engineering and currently working for a aussie construction company. Been very intersted investments from stocks to fx markets. Demoed for about a year made 72% gain (that was with 50k play). Opened up a live acc with FXCM (seems like the only broker that accepts NZD) - depoist 320 lost it over 2 months lol… combination of under capitalised and ‘gun blazing’
As a result of that, decided to read through the school stuff on this website (excellent stuff) and have finished it. will get back into it once I saved up about 1k to play around with - still under capitlaised but realised i wasnt using my position size efficently before.
Cheers !
Will
PS - any kiwis on this fourm keen to meet up and discuss about it!![/QUOTE]
The analytical thinking that your engineering degree has honed will be of great advantage to your trading endeavors… However, you have to get over the engineering instilled mindset that there is a formula to modeling the market… There is not
Welcome William003! I hope you have better luck this time around. Knowing what could affect price action would help a lot. Make sure you follow my blog. Wishing you all the best, bro!
I am a NZ citizen that invests and currently reside in Australia.
If you want to talk to me about FOREX that is fine. I will try to help if I can.
Did you graduate from Auckland? Canterbury?
The question you should ask youself is what do you want from FOREX?
Do you want a add on to your salary? Become a full time trader?
For myself this isn’t my main source of income even though I spend ~30 hours a week trading.
Oh and just remeber MONEY MANAGEMENT. It can destroy even the best of traders.
If you need help I am sure many of the members will help you.
