figure out a platform where I’m not forced to pay a guy to handle my transactions.
find a program to buy and sell with.
figure out how to make A profit. 0.0001% would be enough simply as proof of concept.
I’m thinking in video-game terms right now. After all, forex is basically a form of a betting game, isn’t it?
Buying is DMG (to your own wallet), selling healing (your own wallet).
So instead of doing batshit crazy (in my opinion, at least) investments that may yeild 5% revenue in a week, I’m thinking of going for DPS: buy and sell every few minutes for like 0.0001% income. Buy at 3.746, sell at 3.747 every few minutes. Google tells me that once an hour or so that sort of thing happens.
Is that a decent tactic, though?
Is that even feasable?
I don’t care for grand 100000% revenue. 0.00000001% is good.
To answer your questions 1, 2, and 3 all you need to do is look for a broker online sign up and download there trading platform. Question 4 figure out how to make a profit.? Then welcome to the world of trading that’s what we are all trying to do . If you go through the babypips school and learn then I’m sure you will be able to achieve that 0.0001% Good Luck…
The buy/ask spreads on all pairs are greater then your 1 pip hypothesis.
Thus, if could take more then “every few minutes” for you to be proven right.
And, no, it’s not some form of a betting game.
A forex trader will require proper trading method which can guide him towards systematic accomplishment of his trading activities. I favor to use short term trading strategy and smaller trading lots to keep my position safe.
