Hi all,
I’m starting out in the world of forex for the first time and hoping that this forum might provide some guidance. I will be doing my trading part-time to supplement my earnings, I am hoping to develop my knowledge and skills will I continue to work but the longer-term goal is to trade full-time.
So far I have done a short course on the basics, opened a demo account (with mixed success) on MT4 and started considering what my strategy will be when I start live trading. I have looked at a number of trading journals and think I have found a suitable one on one of these forums (thanks to whoever that was/is?).
I’m not sure what my next steps are before I start live trading using technical analysis and patterns I have learnt. Should I be thinking about anything else before I start? When I go live, I am thinking of small amount of risk exposure, a high number of trades and measuring the success rate of the trades I make.
Any advice about my next steps would be welcomed.
Cheers.