Hi guys. Name is Glyn and I’m just starting out in the whole day trading world. I’m an ex national chess player and have high level mathematics experience. If any of you can could you answer briefly my following questions.
Thank you for your time.
Hi Glyn,
There are many trading books out there, do you have any specific areas or kind of books that you are looking for?
A 100-200 GBP weekly return based on a 1000 GBP account is around 10-20% weekly return. It is achievable, but you will most likely be taking too high risk per trade.
It took me slightly over 3 months to finally understand the markets and trading, and about a year before being profitable.
The idea is not to rush over your learning, but take steps into become a consistently profitable trader. It is a learning journey 
Cheers!
KY
Cheers ky, where u from mate?
Well I am looking to become A day trader on strictly forex markets. Maybe operating on 5min/ periods. But looking for a method which would include many trades each day , possibly called scalping??
Arrrr so I take it the idea is to start say trying to earn 30 quid per week then once your bank roll increases, increase your stake…
Would it be ok to contact you again if I have any other questions?
I’m setting up my office/learning environment this week…
Thanks again bud.
I’m from Malaysia, but currently in Singapore.
How long have you been trading the market? As a start, without the proper trading psychology, it is very challenging to trade on a 5min timeframe (scalping). It doesn’t mean the more trade you take, the more profits you make. But that doesn’t mean it can’t be done. You just need to beware and not let that affect your trading decisions.
I would say in FX trading, you can aim to get around 5-20% returns on a monthly basis. If you can consistently get 6% on average a month, you would have double your capital in a year time. That is way way better compared to many other investment assets already. So I would say focus on the learning process and let the profit be a bonus as a start (this helps as you won’t be trading due to greed).
Sure Though I may not know everything about trading or in the market, I am willing to help you with what I know and learnt.
Cheers buddy!
Hello everyone,
I’m new here on this community. Hope to help you and get help from you.
please welcome me guys
Enjoy!
Hi karryjakson,
Welcome 