PipWorm’s the name. (Feed me on pips please! :D)
I was in the construction industry… I’m supposed to still be in the construction industry, and I wish it was a joke that it really sucks right now.
A few years ago (last recession, I think…) I dabbled in stocks and shares. I didn’t make any big losses, but no big gains either. I’m hoping for a bit more progress this time around. Forex seems to be the thing. I know there’s a lot to learn, and the school here at babypips seems to be pretty damn nice. A good all-round introduction to the subject. I wish a site like this was available a few years ago, it goes a long way towards demystifying the whole subject.
I’m always suspicious of get rich quick schemes and the grown-up attitude here at babypips is very encouraging. (Anyone else think it’s strange that [I]baby[/I]pips should be grown-up?)
I’m thinking that pattern trading might be the way to go for me. I’m reading “How to profit from pattern recognition” by Pesavento & Jouflas in conjunction with the tutorials in the school. I don’t know too much about the ins and outs of the market, but I’m no stranger to maths so the technical analysis route to trading seems like the most appropriate to me at this time.
Incidentally, anyone notice that yesterday afternoon the EURUSD (euro is the so-called anti-dollar, right?) was in almost direct synchronisation with EURGBP, and both were an almost perfect inversion of GBPUSD? I saw a kind of beauty in the symmetry and antisymmetry of the M1 charts just before the announcements concluding the Europe budget talks.
I’m in danger of producing a wall of text so I’ll stop now. Hope to meet some helpful and friendly people here and grow my skills and my bank balance with time.